Tag: Macedonian economy
Economy 22.09.23 | 19:40

The Macedonian economy generated a record USD 229 million in the first half of 2023.

In the second quarter of 2023, tourism revenue increased by 28 percent over the same period in 2022, or by USD 136 million for the Macedonian economy. Compared to 2022, the two quarters of 2023 experience a 24 percent gain. According to a press release from the Agency for Promotion and Support of Tourism...
Economy 08.06.22 | 12:05

World Bank downgrades 2022 growth projection for Macedonia to 2.7 percent

The World Bank is projecting a 2.7 percent Gross Domestic Product (GDP) growth for the Macedonian economy in 2022, followed by 3.1 percent in 2023. The World Bank, in its June report on the global economic outlook, downgraded the previous economic projections for the country, this year by 1.0 percent,...
Economy 22.04.20 | 13:37

IMF predicts 4 percent drop in Macedonian economy

The International Monetary Fund in its latest report on the country predicts a 4 percent decline in the Macedonian economy. According to the IMF, the key to this situation is the coronavirus pandemic, as well as the possible spillover effects of the global recession on the country. The economic situation...
Economy 17.10.19 | 11:05

IMF revises Macedonian economy growth rate to 3,2%

The International Monetary Fund (IMF) revised the growth rate of the Macedonian economy in 2019 to 3,2%, a 0,2% upgrade from the April outlook. The IMF expects growth of 3.4 percent next year and 3.5 percent by 2024. Of the countries in the region this year highest growth is expected in Kosovo –...

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