North Macedonia: Tax revenue
* indicates monthly or quarterly data series
| North Macedonia |
Tax revenue, percent of GDP |
|---|---|
| Latest value | 18.76 |
| Year | 2024 |
| Measure | percent |
| Data availability | 2005 - 2024 |
| Average | 17.34 |
| Min - Max | 15.67 - 19.07 |
| Source | The World Bank |
The latest value from 2024 is 18.76 percent, an increase from 17.76 percent in 2023. In comparison, the world average is 18.04 percent, based on data from 88 countries. Historically, the average for North Macedonia from 2005 to 2024 is 17.34 percent. The minimum value, 15.67 percent, was reached in 2013 while the maximum of 19.07 percent was recorded in 2007.
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Definition: Taxes are compulsory, unrequited payments, in cash or in kind, made by institutionalunits to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 15.55 | 2024 | percent |
| Government spending, in dollars | 3.13 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -4.45 | 2024 | percent |
| Primary budget balance | -2.55 | 2024 | percent |
| Government expenditure | 44.55 | Q1/2026 | billion |
| Tax revenue | 18.76 | 2024 | percent |
| Commercial tax rate | 13.00 | 2019 | percent |
| Tax preparation time | 119 | 2019 | hours |
| Taxes on goods and services | 38.26 | 2024 | percent |
| Taxes on international trade | 4.29 | 2024 | percent |
| Income and profits taxes | 17.35 | 2024 | percent |
| Foreign aid | 414.46 | 2023 | million U.S. dollars |
| Government debt | 54.83 | 2024 | percent |
| Government debt in foreign currency, percent | 66.66 | 2024 | percent |
| Government debt held by non-residents | 55.65 | 2024 | percent |
| Short-term government debt | 10.88 | 2024 | percent |