Net debt, General government, Percent of GDP in North Macedonia
North Macedonia: Net debt, General government, Percent of GDP was 54.24 in 2030. ▲ Rising
Net debt, General government, Percent of GDP in North Macedonia, 2000–2030
Source: International Monetary Fund.
Analysis
The most recent figure for net debt, general government, percent of gdp in North Macedonia is 54.24, measured in 2030.
That represents a change of down 0.5% on the previous year and up 8.3% over ten years.
Over the whole period, net debt, general government, percent of gdp in North Macedonia peaked at 54.52 in 2029 and was at its lowest, 18.59, in 2008.
North Macedonia ranks 35th of 90 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Net debt, General government, Percent of GDP in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 38.81 | — |
| 2001 | 35.26 | -9.2% |
| 2002 | 33.79 | -4.2% |
| 2003 | 32.64 | -3.4% |
| 2004 | 30.66 | -6.1% |
| 2005 | 29.6 | -3.5% |
| 2006 | 22.31 | -24.6% |
| 2007 | 19.82 | -11.2% |
| 2008 | 18.59 | -6.2% |
| 2009 | 21.01 | +13.0% |
| 2010 | 21.7 | +3.3% |
| 2011 | 26.07 | +20.2% |
| 2012 | 29.49 | +13.1% |
| 2013 | 30.3 | +2.7% |
| 2014 | 33.72 | +11.3% |
| 2015 | 36.08 | +7.0% |
| 2016 | 37.03 | +2.6% |
| 2017 | 38.74 | +4.6% |
| 2018 | 39.18 | +1.1% |
| 2019 | 39.84 | +1.7% |
| 2020 | 50.09 | +25.7% |
| 2021 | 51.89 | +3.6% |
| 2022 | 49.52 | -4.6% |
| 2023 | 49.85 | +0.7% |
| 2024 | 53.78 | +7.9% |
| 2025 | 51.76 | -3.8% |
| 2026 | 52.76 | +1.9% |
| 2027 | 53.56 | +1.5% |
| 2028 | 54.35 | +1.5% |
| 2029 | 54.52 | +0.3% |
| 2030 | 54.24 | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.25 | 18.59 | 38.81 | 10 |
| 2010s | 33.22 | 21.7 | 39.84 | 10 |
| 2020s | 52.21 | 49.52 | 54.52 | 10 |
| 2030s | 54.24 | 54.24 | 54.24 | 1 |
Countries ranked near North Macedonia
More external debt data for North Macedonia
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- 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)
- Public and publicly guaranteed debt service 4.0% (2024)
- Net financial flows, IDA -16.12 million NFL, current US$ (2024)
- 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, IBRD -30.68 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 6.0% (2024)
Frequently asked questions
- What is net debt, general government, percent of gdp in North Macedonia?
- Net debt, general government, percent of gdp in North Macedonia was 54.24 in 2030, according to International Monetary Fund.
- What is the highest net debt, general government, percent of gdp recorded in North Macedonia?
- The highest recorded value was 54.52 in 2029.
- What is the lowest net debt, general government, percent of gdp recorded in North Macedonia?
- The lowest recorded value was 18.59 in 2008.
- How does North Macedonia rank for net debt, general government, percent of gdp?
- North Macedonia ranks 35th out of 90 countries with data for 2030.
- Is net debt, general government, percent of gdp rising or falling in North Macedonia?
- Over the last ten years it is up 8.3%. 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 Net 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