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.
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 |
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