External Debt in Macedonia
Macedonia - External DebtEconomic momentum likely carried over into the first quarter of the year from Q4 2018’s robust outturn. Industrial production grew healthily throughout Q1, which fed through to a strong rise in merchandise exports in January–February. Tourism recovered in February and, consequently, the number of tourist arrivals for January and February rose in annual terms. Nevertheless, retail sales weakened throughout the quarter, hinting at softer private consumption in Q1. On the political front, the pro-Western candidate Stevo Pendarovski was voted in as the country’s new president on 5 May. As the presidential role is primarily ceremonial, the government’s economic priorities are unlikely to change significantly.
Macedonia - External Debt Data
|External Debt (% of GDP)||63.6||62.1||66.9||68.3||-|
5 years of economic forecasts for more than 30 economic indicators.
Macedonia External Debt Chart
Source: World Bank
|Exchange Rate||54.77||-0.56 %||May 13|
|Stock Market||0.1||0.0 %||Nov 26|
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