Gross debt, General government, Percent of GDP (Gross Percent GDP) in North Macedonia
North Macedonia: Gross debt, General government, Percent of GDP (Gross Percent GDP) was 55.54 in 2030. ▲ Rising
Latest (2030)
55.54
Change on year
down 0.4%
World rank
88th
of 193 countries
All-time high
55.78
in 2029
All-time low
20.64
in 2008
Years of data
31
2000–2030
Gross debt, General government, Percent of GDP in North Macedonia, 2000–2030
Source: International Monetary Fund.
Analysis
North Macedonia recorded 55.54 for gross debt, general government, percent of gdp in 2030.
Compared with earlier readings it is down 0.4% on the previous year and up 9.2% over ten years.
Over the whole period, gross debt, general government, percent of gdp in North Macedonia peaked at 55.78 in 2029 and was at its lowest, 20.64, in 2008.
That places North Macedonia 88th out of 193 countries with data for 2030, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Gross debt, General government, Percent of GDP (Gross Percent GDP) in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 45.56 | — |
| 2001 | 45.21 | -0.8% |
| 2002 | 40.46 | -10.5% |
| 2003 | 36.46 | -9.9% |
| 2004 | 34.58 | -5.2% |
| 2005 | 36.67 | +6.0% |
| 2006 | 30.59 | -16.6% |
| 2007 | 23.53 | -23.1% |
| 2008 | 20.64 | -12.3% |
| 2009 | 23.73 | +15.0% |
| 2010 | 24.27 | +2.3% |
| 2011 | 27.73 | +14.2% |
| 2012 | 33.66 | +21.4% |
| 2013 | 34.04 | +1.1% |
| 2014 | 38.04 | +11.7% |
| 2015 | 38 | -0.1% |
| 2016 | 39.72 | +4.5% |
| 2017 | 39.38 | -0.9% |
| 2018 | 40.43 | +2.6% |
| 2019 | 40.45 | +0.1% |
| 2020 | 50.85 | +25.7% |
| 2021 | 52.75 | +3.7% |
| 2022 | 50.45 | -4.4% |
| 2023 | 50.83 | +0.7% |
| 2024 | 54.83 | +7.9% |
| 2025 | 52.86 | -3.6% |
| 2026 | 53.9 | +2.0% |
| 2027 | 54.75 | +1.6% |
| 2028 | 55.58 | +1.5% |
| 2029 | 55.78 | +0.4% |
| 2030 | 55.54 | -0.4% |
North Macedonia compared with similar countries
- North Macedonia's 55.54 is below the median for upper middle income countries, which is 56.49, 98% of the median. (56 countries reporting)
- North Macedonia's 55.54 is above the median for Europe & Central Asia, which is 47.87, 1.2× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.74 | 20.64 | 45.56 | 10 |
| 2010s | 35.57 | 24.27 | 40.45 | 10 |
| 2020s | 53.26 | 50.45 | 55.78 | 10 |
| 2030s | 55.54 | 55.54 | 55.54 | 1 |
Countries ranked near North Macedonia
More external debt data for North Macedonia
- Net financial flows, IBRD -25.39 million NFL, current US$ (2025)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), per capita -8.84 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.001 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre -645.08 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 552.63 million DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 6.18 billion DOD, current US$ (2025)
- External debt stocks, long-term 10.04 billion DOD, current US$ (2025)
Frequently asked questions
- What is gross debt, general government, percent of gdp in North Macedonia?
- Gross debt, general government, percent of gdp in North Macedonia was 55.54 in 2030, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in North Macedonia?
- The highest recorded value was 55.78 in 2029.
- What is the lowest gross debt, general government, percent of gdp recorded in North Macedonia?
- The lowest recorded value was 20.64 in 2008.
- How does North Macedonia rank for gross debt, general government, percent of gdp?
- North Macedonia ranks 88th out of 193 countries with data for 2030.
- Is gross debt, general government, percent of gdp rising or falling in North Macedonia?
- Over the last ten years it is up 9.2%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October