Goods balance (credit less debit), Net (credits less debits) in North Macedonia
North Macedonia: Goods balance (credit less debit), Net (credits less debits) was -3.34 billion in 2024. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in North Macedonia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), net (credits less debits) in North Macedonia is -3.34 billion, measured in 2024.
Compared with earlier readings it is down 17.1% on the previous year and down 35.1% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in North Macedonia peaked at -1.24 billion in 2005 and was at its lowest, -3.67 billion, in 2022.
North Macedonia ranks 136th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Goods balance (credit less debit), Net (credits less debits) in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -1.24 billion | — |
| 2006 | -1.42 billion | +14.8% |
| 2007 | -1.88 billion | +32.3% |
| 2008 | -2.84 billion | +51.5% |
| 2009 | -2.42 billion | -14.8% |
| 2010 | -2.03 billion | -16.1% |
| 2011 | -2.64 billion | +30.0% |
| 2012 | -2.58 billion | -2.2% |
| 2013 | -2.47 billion | -4.2% |
| 2014 | -2.47 billion | -0.2% |
| 2015 | -2.02 billion | -18.3% |
| 2016 | -2.01 billion | -0.5% |
| 2017 | -2.01 billion | +0.3% |
| 2018 | -2.05 billion | +2.0% |
| 2019 | -2.18 billion | +6.2% |
| 2020 | -2.06 billion | -5.6% |
| 2021 | -2.75 billion | +33.5% |
| 2022 | -3.67 billion | +33.3% |
| 2023 | -2.85 billion | -22.3% |
| 2024 | -3.34 billion | +17.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.96 billion | -2.84 billion | -1.24 billion | 5 |
| 2010s | -2.25 billion | -2.64 billion | -2.01 billion | 10 |
| 2020s | -2.93 billion | -3.67 billion | -2.06 billion | 5 |
Countries ranked near North Macedonia
More financial sector data for North Macedonia
- Total reserves (gold at national valuation) (SDR), annual growth rate 4.99 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,322 SDR per person (2025)
- Total reserves in months of imports, annual growth rate -0.2499 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -1.45 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1849 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,939 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -1.47 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,939 SDR per person (2025)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in North Macedonia?
- Goods balance (credit less debit), net (credits less debits) in North Macedonia was -3.34 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in North Macedonia?
- The highest recorded value was -1.24 billion in 2005.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in North Macedonia?
- The lowest recorded value was -3.67 billion in 2022.
- How does North Macedonia rank for goods balance (credit less debit), net (credits less debits)?
- North Macedonia ranks 136th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in North Macedonia?
- Over the last ten years it is down 35.1%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.