North Macedonia - Expense

Expense (current LCU)

The value for Expense (current LCU) in North Macedonia was 205,638,000,000 as of 2019. As the graph below shows, over the past 14 years this indicator reached a maximum value of 205,638,000,000 in 2019 and a minimum value of 89,124,120,000 in 2005.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2005 89,124,120,000
2006 98,983,460,000
2007 109,240,000,000
2008 126,754,000,000
2009 129,940,000,000
2010 131,565,000,000
2011 134,529,000,000
2012 137,083,000,000
2013 141,772,000,000
2014 149,674,000,000
2015 160,949,000,000
2016 165,253,000,000
2017 173,049,000,000
2018 184,022,000,000
2019 205,638,000,000

Expense (% of GDP)

Expense (% of GDP) in North Macedonia was 29.69 as of 2019. Its highest value over the past 14 years was 31.34 in 2009, while its lowest value was 27.78 in 2016.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2005 28.89
2006 29.56
2007 29.30
2008 30.55
2009 31.34
2010 30.09
2011 28.98
2012 29.37
2013 28.25
2014 28.37
2015 28.79
2016 27.78
2017 28.00
2018 27.85
2019 29.69

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance