North Macedonia: Government debt in foreign currency, percent
* indicates monthly or quarterly data series
| North Macedonia |
Government debt in foreign currency, percent |
|---|---|
| Latest value | 66.66 |
| Year | 2024 |
| Measure | percent |
| Data availability | 2018 - 2024 |
| Average | 74.40 |
| Min - Max | 66.66 - 78.94 |
| Source | The World Bank |
The latest value from 2024 is 66.66 percent, a decline from 70.89 percent in 2023. In comparison, the world average is 39.04 percent, based on data from 52 countries. Historically, the average for North Macedonia from 2018 to 2024 is 74.4 percent. The minimum value, 66.66 percent, was reached in 2024 while the maximum of 78.94 percent was recorded in 2018.
See the global rankings or
world map for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Definition: The percent of central government debt that is denominated in foreign currencies. The source for these data is: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
Selected articles from our guide:
Are trade deficits bad for the economy?
Sources of economic growth
Currency values and investment returns
How to write an economics research paper
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 16.39 | 2025 | 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 |