wiiw Forecast Reports
NORTH MACEDONIA: Solving name dispute to boost investor confidence
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in: Moving Into the Slow Lane
wiiw Forecast Report No. Spring 2019, March 2019 , pp. 116-118
The North Macedonian economy grew by 2.3% year on year in 2018 on the back of strong export growth and a pick-up in private consumption. The approval by the Greek Parliament of the new official name of North Macedonia was a major positive political development. Improved political stability will boost investor confidence and promote robust investment growth. Overall GDP will grow by about 3% p.a. during 2019-2021.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: North Macedonia