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Foreign Trade (As % of GDP) rose 4.21% to 139% in Macedonia in 2019

Foreign Trade (As % of GDP) (%), 2019
Economy | Macedonia | May 1, 2021
$2.99
Excel Sheet

Foreign trade as a share of GDP rose 4.21% to 139% in Macedonia in 2019, according to the National Statistical Office.

Historically, foreign trade as a share of GDP in Macedonia reached an all time high of 139% in 2019 and an all time low of 46.4% in 1991. When compared to Macedonia's main peers, foreign trade as a share of GDP in Albania amounted to 76.9%, 125% in Bulgaria, 74.4% in Greece and 85.5% in Kosovo in 2019.

Macedonia has been ranked 20th within the group of 150 countries we follow in terms of foreign trade as a share of GDP, 43 places above the position seen 10 years ago.

Foreign Trade (As % of GDP) Unit 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Albania % 75.9% 75.4% 71.8% 74.8% 78.2%
Bulgaria % 130% 131% 127% 123% 130%
Greece % 63.5% 67.1% 63.1% 60.8% 67.0%
Kosovo % ... ... ... 71.6% 73.7% 72.3% 74.6% 79.2%
Macedonia % 105% 113% 114% 116% 124%
Montenegro % ... 103% 100% 103% 104% 106%
Romania % 81.0% 83.3% 83.6% 84.6% 86.5%
Serbia % 87.9% 92.2% 97.4% 102% 108%
Turkey % 52.5% 53.8% 51.1% 48.3% 55.8%

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