wiiw Forecast Reports

MACEDONIA: Growth and stability trade-off, again


Vladimir Gligorov

in: Mixed Prospects: Consumption Leads Fragile Recovery in the CESEE Core – CIS Stumbles
wiiw Forecast Report No. Autumn 2015, November 2015 , pp. 98-100

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The current year’s growth may turn out to be disappointing owing to a slowdown in both consumption and investment. Nonetheless, the growth rate should prove to be among the highest in the region. Assuming the maintenance of political and social stability, the growth rate should remain at around 3% over the medium term. Faster growth is possible, if political stabilisation is assured after the early elections in April next year and significant economic improvements are achieved in the region.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: North Macedonia, SEE