Ratio of government expenditure to GDP in North Macedonia 1997-2030

The ratio of government expenditure to GDP in North Macedonia amounted to about 36.73 percent in 2024. From 1997 to 2024, the ratio rose by approximately 4.46 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 1.04 percentage points, showing an overall upward trend with periodic ups and downs.

Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.