Macedonia - Balance of payments



The US Central Intelligence Agency (CIA) reports that in 2002 the purchasing power parity of Macedonia's exports was $1 billion while imports totaled $1.6 billion resulting in a trade deficit of $600 million.

The International Monetary Fund (IMF) reports that in 2001 Macedonia had exports of goods totaling $1.15 billion and imports totaling $1.58 billion. The services credit totaled $234 million and debit $337 million. The following table summarizes Macedonia's balance of payments as reported by the IMF for 2001 in millions of US dollars.

Macedonia

Current Account -324
Balance on goods -421
Balance on services -103
Balance on income -41
Current transfers 241
Capital Account 1
Financial Account 388
Direct investment abroad -1
Direct investment in Macedonia 443
Portfolio investment assets 3
Portfolio investment liabilities
Other investment assets 9
Other investment liabilities -66
Net Errors and Omissions 26
Reserves and Related Items -91
Also read article about Macedonia from Wikipedia

User Contributions:

Comment about this article, ask questions, or add new information about this topic:

CAPTCHA