Public Debt in North Macedonia
Public debt in North Macedonia averaged 42.4% of GDP in the decade to 2022, above the Eastern Europe average of 32.5% of GDP. Public debt in 2022 was 51.0% of GDP. For more information on public debt, visit our dedicated page
North Macedonia Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for North Macedonia from 2013 to 2023.
Source: Macrobond.
North Macedonia Public Debt Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 40.5 | 50.8 | 51.4 | 50.5 | 53.1 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Macedonian public debt projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for Macedonian public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Macedonian public debt projections.
Want to get access to the full dataset of Macedonian public debt forecasts? Send an email to info@focus-economics.com.