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North Macedonia · Government debt

North Macedonia Government debt

Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). · updated 2025-12-31

Latest · 202552.6%
Previous · 202454%
Highest · 202454%
Lowest · 200820.44%

North Macedonia's government debt stands at 52.6% as of 2025-12-31, down from 54% in 2024. Historical data runs from 1999 to 2025 (27 observations).

Recent trend

In 2025, North Macedonia's government debt was 52.6%, down from 54% in 2024.

In 2024, North Macedonia's government debt was 54%, up from 50.59% in 2023.

In 2023, North Macedonia's government debt was 50.59%, down from 50.93% in 2022.

In 2022, North Macedonia's government debt was 50.93%, down from 52.75% in 2021.

In 2021, North Macedonia's government debt was 52.75%, up from 50.83% in 2020.

North Macedonia Government debt — historical data

YearValueChange
202552.6%-1.4%
202454%+3.42%
202350.59%-0.3413%
202250.93%-1.82%
202152.75%+1.92%
202050.83%+10.37%
201940.46%+0.0249%
201840.44%+1%
201739.43%-0.3648%
201639.8%+1.79%
201538.01%-0.119%
201438.12%+4.05%
201334.08%+0.4013%
201233.68%+5.94%
201127.74%+3.47%
201024.28%+0.5076%
200923.77%+3.33%
200820.44%-3.09%
200723.53%-7.06%
200630.58%-6.16%
200536.74%+2.17%
200434.58%-1.88%
200336.46%-4%
200240.46%-4.75%
200145.21%-0.3463%
200045.56%+15.73%
199929.83%—

Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). · Download this series as CSV — free, attribution required (CC BY 4.0).

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Frequently asked questions

What is North Macedonia's government debt?

North Macedonia's government debt is 52.6% as of 2025-12-31, compared with 54% in 2024. Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO).

What was the highest government debt in North Macedonia?

The highest recorded value is 54% (2024); the lowest is 20.44% (2008), across data from 1999 to 2025.

Where does this data come from?

Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). Figures are republished with attribution and updated as the source releases new observations.