Macedonia Government Budget
Macedonia recorded a Government Budget deficit equal to 4.10 percent of the country's Gross Domestic Product in 2013. Government Budget in Macedonia averaged -5.56 Percent of GDP from 1993 until 2013, reaching an all time high of -0.40 Percent of GDP in 2006 and a record low of -12.60 Percent of GDP in 2008. Government Budget in Macedonia is reported by the National Bank of the Republic of Macedonia.
||1993 - 2013
||Percent of GDP
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Macedonia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.