North Macedonian Growth Outlook Stable, Acceleration Expected In 2024
Country Risk / Macedonia / Wed 26 Jul, 2023
Key View
- We expect North Macedonia to record real GDP growth of 2.1% and 3.0% in 2024, following an expansion of 2.1% in 2022.
- Investment, particularly in manufacturing and public infrastructure, will be North Macedonia’s main driver of growth over the next two years.
- Net exports will make a smaller subtraction from growth in 2023, owing