Uncertainty, filled with optimism "inflated", received their tax economy. Growth of gross domestic product from 2.4 percent in 2016 represents a decrease compared with 2015, when it was 3.8%, writes the weekly economic analysis /DeltaPortal/.Sipas some economists, such numbers were expected during the year spent as a result of political uncertainty, but at the same time, it is worrying that in 2016 the debt load reached the highest level.
Uncertainty continued in 2017 ...
Exports increased by 11.5% and imports by 7.6%. In 2016, it increased the final consumption by 3.7%, but the annual gross investment decreased 4.7 percent. In the end, according to the latest data published by the Office for Statistics, last year ended with an increase of 2.4 percent. According to some economists, these indicators are expected given the uncertainty of the political crisis, which caused the content of foreign investors and those of the country.
"It is clear that uncertainty continued during 2017. The government projected growth to be revolved around three percent, but these percentages are not that great significance for our economy. It is important to ensure stable rates of growth will not just rely on one sector. If we talk about the pattern of foreign investment, which was promoted as a carrier for the economy, the key issue is how those foreign investments to create new value and what is their impact on the real economy "- says academic Portalb.mk Abdylmenaf Bexheti.
Under the new indicators, last year, in absolute terms, GDP by expenditure method at current prices was 9.8 billion euros, or 4.768 Euro for kryebanori. However, some economists already a long debate about how many people actually dispose of the money.
"GDP per kryebanori assesses the economic power of the population. GDP per kryebanori еuro is about 370 per month, which means еuro 1,500 per month for a four-member family? GDP includes the profits of firms, the depreciation that they pay for their investments, and services, which it provides to people without paying them for these out of their own pocket (security, health, education). Therefore, there is a big difference between GDP and income are available to the population (ie income that people take in hand). The revenues that are available are much lower, around 50-60% of GDP, ie about 2,500 euros per kryebanori "- praised for Portalb.mk money will economist Branimir Jovanovic long.
Otherwise, higher economic rate was measured in 2007 and the 6.5%. Practically, this is the highest measured level of economic growth since 1993. According to the data of the competent institutions, the country throughout this period failed to have continuous growth and sustainable economic growth. In fact, during these 24 years, and six years are a sign of crisis, with negative rates of economic growth.
According to the forecasts of the National Bank, this year it is expected that economic growth will be higher than 3 percent.
"Overall, it is estimated that in 2016 the economy continues to grow, but the growth rate is close to the expected growth of 2.3% in accordance with the design made in October. The projected increase in GDP for 2017 and 2018 is 3.5% and 3.7%, respectively, whereas it is expected that the main carriers of growth are export sector and investment, while supporting the positive effects will be felt in the labor market and household consumption "- say the National Bank, but also by emphasizing the risks:
"The risks around the scenario execution of such macroeconomic did not change significantly compared to projections of October and mainly dealing with uncertain environment in the country, on condition that the political crisis is not yet resolved, as well unfavorable are the risks from the environment foreign "- says a new BPM report.
In the fourth quarter of 2016, the largest increase was recorded in the following sectors: construction of 28.5%, followed by professional, scientific and technical as well as administrative and support service activities by 9,8% and agriculture, forestry and fisheries 1.8%.
According to analyst Zoran Vitanov, Macedonia in eight of the past nine years has doubled the budget increase, while the average economic growth has been around 3 percent.
"In the past years we have created very large budgets, which have not been accompanied by adequate rate of economic growth. The same happens with this year's budget. Macedonia's economy really needs a 12% growth in the period of 10 years who can afford such a large budget without borrowing. Explained in a simple way,
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Uncertainty continued in 2017 ...
Exports increased by 11.5% and imports by 7.6%. In 2016, it increased the final consumption by 3.7%, but the annual gross investment decreased 4.7 percent. In the end, according to the latest data published by the Office for Statistics, last year ended with an increase of 2.4 percent. According to some economists, these indicators are expected given the uncertainty of the political crisis, which caused the content of foreign investors and those of the country.
"It is clear that uncertainty continued during 2017. The government projected growth to be revolved around three percent, but these percentages are not that great significance for our economy. It is important to ensure stable rates of growth will not just rely on one sector. If we talk about the pattern of foreign investment, which was promoted as a carrier for the economy, the key issue is how those foreign investments to create new value and what is their impact on the real economy "- says academic Portalb.mk Abdylmenaf Bexheti.
Under the new indicators, last year, in absolute terms, GDP by expenditure method at current prices was 9.8 billion euros, or 4.768 Euro for kryebanori. However, some economists already a long debate about how many people actually dispose of the money.
"GDP per kryebanori assesses the economic power of the population. GDP per kryebanori еuro is about 370 per month, which means еuro 1,500 per month for a four-member family? GDP includes the profits of firms, the depreciation that they pay for their investments, and services, which it provides to people without paying them for these out of their own pocket (security, health, education). Therefore, there is a big difference between GDP and income are available to the population (ie income that people take in hand). The revenues that are available are much lower, around 50-60% of GDP, ie about 2,500 euros per kryebanori "- praised for Portalb.mk money will economist Branimir Jovanovic long.
Otherwise, higher economic rate was measured in 2007 and the 6.5%. Practically, this is the highest measured level of economic growth since 1993. According to the data of the competent institutions, the country throughout this period failed to have continuous growth and sustainable economic growth. In fact, during these 24 years, and six years are a sign of crisis, with negative rates of economic growth.
According to the forecasts of the National Bank, this year it is expected that economic growth will be higher than 3 percent.
"Overall, it is estimated that in 2016 the economy continues to grow, but the growth rate is close to the expected growth of 2.3% in accordance with the design made in October. The projected increase in GDP for 2017 and 2018 is 3.5% and 3.7%, respectively, whereas it is expected that the main carriers of growth are export sector and investment, while supporting the positive effects will be felt in the labor market and household consumption "- say the National Bank, but also by emphasizing the risks:
"The risks around the scenario execution of such macroeconomic did not change significantly compared to projections of October and mainly dealing with uncertain environment in the country, on condition that the political crisis is not yet resolved, as well unfavorable are the risks from the environment foreign "- says a new BPM report.
In the fourth quarter of 2016, the largest increase was recorded in the following sectors: construction of 28.5%, followed by professional, scientific and technical as well as administrative and support service activities by 9,8% and agriculture, forestry and fisheries 1.8%.
According to analyst Zoran Vitanov, Macedonia in eight of the past nine years has doubled the budget increase, while the average economic growth has been around 3 percent.
"In the past years we have created very large budgets, which have not been accompanied by adequate rate of economic growth. The same happens with this year's budget. Macedonia's economy really needs a 12% growth in the period of 10 years who can afford such a large budget without borrowing. Explained in a simple way,
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