| Variable | Definition | Source |
| GDPchant | Gross domestic product according to the expenditure approach, by quarters, current prices (million denars), volume indices (compared to the same period last year %) | stat.gov.mk |
| TDGDPt | Trade balance of goods and services (trade deficit), for the quarter, in relation to the GDP of the respective quarter | nbrm.gov.mk author calculation |
| CPIt | Prices, Consumer Price Index, All items, Percentage change, Corresponding period previous year, Percent | FSI (IMF) |
| REER | 2015 = 100 The indices are calculated with weights based on total foreign trade. * An upward change in the REER indicates appreciation. | nbrm.gov.mk |
| RemittGDPt | BoP data, remittances from workers, includes formal remittances from workers staying one or more years abroad, set in relation to GDP | nbrm.gov.mk |
| CurrTransGDPt | BoP data, Current transfers, except government (Financial enterprises, non-financial enterprises, households and non-profit institutions serving households) set in relation to GDP | nbrm.gov.mk |
| BBGDPt | General government deficit is defined as the balance of income and expenditure of government. This indicator is measured as a percentage of GDP | nbrm.gov.mk |
| TD4GDPt | The trade balance of goods and services with four time delays in relation to GDP | nbrm.gov.mk author calculation |
| FDIGDPt | Foreign direct investment refers to direct investment equity flows in the reporting economy. This indicator is measured as a percentage of GDP | IMF, Balance of Payments database nbrm.gov.mk |