North Macedonia: Foreign exchange reserves

* indicates monthly or quarterly data series
 North Macedonia

Foreign exchange reserves, billion currency units

 Latest value 4.29
 Reference March 2024
 Measure billion Euro
 Data availability January 2005 - March 2024
 Average 2.32
 Min - Max 0.72 - 4.54
 Source National Bank of the Republic of Macedonia
For that indicator, we provide data for North Macedonia from January 2005 to March 2024. The average value for North Macedonia during that period was 2.32 billion Euro with a minimum of 0.72 billion Euro in January 2005 and a maximum of 4.54 billion Euro in December 2023. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
North Macedonia - Foreign exchange reserves - recent values

Historical chart
North Macedonia - Foreign exchange reserves - historical chart - 2005-2024
Measure: billion Euro
Source: National Bank of the Republic of Macedonia


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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest value Reference Measure
 Terms of trade 87.86 2021 percent
 Trade openness 170.82 2022 percent
 Financial openness -0.042 2021 index points
 Exports, percent of GDP 74.89 2022 percent
 Exports, billion dollars 10.16 2022 billion U.S. dollars
 Growth of exports 13.39 2022 percent
 Imports, percent of GDP 95.92 2022 percent
 Imports, billion dollars 13.01 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 6.30 2022 percent
 Foreign Direct Investment, billion dollars 0.87 2022 billion U.S. dollars
 Portfolio investment inflows, equities 2.19 2022 million dollars (current)
 Current account, percent of GDP -6.74 2022 percent
 Current account, in dollars -0.86 2022 billion U.S. dollars
 Trade balance, percent of GDP -21.03 2022 percent
 Trade balance, in dollars -2.88 2022 billion U.S. dollars
 Reserves 4.12 2022 billion U.S. dollars
 Remittances, percent of GDP 3.36 2022 percent
 Remittances 456.31 2022 million U.S. dollars
 Net errors and omissions 46.75 2022 million USD
 External debt 89.26 2022 percent
 Short-term external debt 16.98 2022 percent
 Short-term debt to reserves 47.70 2022 percent
 Foreign exchange reserves 3.90 9/2023 billion
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