Economy of Macedonia. Statistics, Data and Indicators
Macedonia
| 48BB- | Credit rank #61 |
| N/A | Quality of life # |
| 106 | Corruption rank#85 |
| 17 | Ease of doing business#10 |
Macedonia Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 13.2 USD Billion | 2019 |
| GDP Annual Growth Rate | 3.4 % | 4Q/19 |
| GDP per capita | 5394 USD | 2018 |
| Inflation Rate YoY | 0.5 % | Mar/20 |
| Interest Rate | 1.75 % | Mar/20 |
| Unemployment Rate | 16.6 % | 4Q/19 |
| Wages | 41087 MKD/Month | 723.733 USD/Month | Jan/20 |
| Balance of Trade | -176324 USD Thousand | -0.176 B USD | Jan/20 |
| Current Account | -188 USD Million | -0.188 B USD | Dec/19 |
| Government Debt | 4344 EUR Million | 4.726 B USD | 4Q/19 |
GDP
13.2
USD Billion
#134 from 174 countries
GDP per capita
5394
USD
#91 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 13.2 USD Billion | 2019 |
| GDP Annual Growth Rate | 3.4 % | 4Q/19 |
| GDP per capita | 5394 USD | 2018 |
| GDP Constant Prices | 183971 MKD Million | 3.241 B USD | 4Q/19 |
| GDP per capita PPP | 13483 USD | 2018 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 40.7 % | 2018 |
| Government Budget Value | -3091 MKD Million | -0.054 USD Billion | Feb/20 |
| Government Spending | 28133 MKD Million | 0.496 USD Billion | 4Q/19 |
| Government Debt | 4344 EUR Million | 4.726 USD Billion | 4Q/19 |
| Government Revenues | 15729 MKD Million | 0.277 USD Billion | Feb/20 |
| Fiscal Expenditure | 18820 MKD Million | 0.332 B USD | Feb/20 |
| Government Budget to GDP | -1.8 % | 2018 |
| Military Expenditure | 109 USD Million | 0.109 B USD | 2018 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 114 index points | Feb/20 |
| Food Inflation | 0.4 % | Feb/20 |
| Gasoline Prices | 0.87 USD/Liter | Mar/20 |
| GDP Deflator | 104 % | 2018 |
| Inflation Rate YoY | 0.5 % | Mar/20 |
| Producer Prices | 106 index points | Jan/20 |
| Inflation Rate Mom | 0.1 % | Feb/20 |
| Core Consumer Prices | 114 Index Points | Feb/20 |
| Core Inflation Rate | 1.7 % | Feb/20 |
| Producer Prices Change | 3.3 % | Jan/20 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -0.3 % | 2018 |
| Balance of Trade | -176324 USD Thousand | -0.176 USD Billion | Jan/20 |
| Capital Flows | -172 USD Million | -0.172 USD Billion | Dec/19 |
| Current Account | -188 USD Million | -0.188 USD Billion | Dec/19 |
| Exports | 474046 USD Thousand | 0.474 USD Billion | Jan/20 |
| External Debt | 8575 EUR Million | 9.33 USD Billion | 3Q/19 |
| Imports | 650370 USD Thousand | 0.65 USD Billion | Jan/20 |
| Tourist Arrivals | 553 Hundreds Persons | 0.055 Million Persons | Jan/20 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 6.9 Tonnes | 4Q/19 |
| Interest Rate | 1.75 % | Mar/20 |
| Money Supply M0 | 36105 MKD Million | 0.636 USD Billion | Dec/19 |
| Money Supply M1 | 175685 MKD Million | 3.095 USD Billion | Dec/19 |
| Money Supply M2 | 344811 MKD Million | 6.074 USD Billion | Dec/19 |
| Central Bank Balance Sheet | 220395 MKD Million | 3.882 B USD | Dec/19 |
| Deposit Interest Rate | 0.15 % | Mar/20 |
| Foreign Direct Investment | 40.82 EUR Million | 0.044 B USD | Sep/19 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 12165 MKD/Month | 214.282 USD/Month | 2018 |
| Unemployment Rate | 16.6 % | 4Q/19 |
| Wages | 41087 MKD/Month | 723.733 USD/Month | Jan/20 |
| Employed Persons | 807362 Person | 0.807 Million Person | 4Q/19 |
| Employment Rate | 47.9 % | 4Q/19 |
| Full Time Employment | 757 Thousand Person | 3Q/19 |
| Job Vacancies | 7791 | 7.791 K | 3Q/19 |
| Labor Force Participation Rate | 57.47 % | 4Q/19 |
| Long Term Unemployment Rate | 12.4 % | 3Q/19 |
| Part Time Employment | 32.1 Thousand Persons | 3Q/19 |
| Unemployed Persons | 161242 Persons | 0.161 Million Persons | 4Q/19 |
| Wage Growth | 5.5 % | Dec/19 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 10 % | 2018 |
| Personal Income Tax Rate | 10 % | 2018 |
| Sales Tax Rate | 18 % | 2020 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Industrial Production | 3.5 % | Feb/20 |
| Steel Production | 23.9 Thousand Tonnes | Feb/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 35.2 index points | Feb/20 |
| Corruption Index | 35 index points | 2019 |
| Corruption Rank | 106 place | 2019 |
| Ease of Doing Business | 17 place | 2019 |
| Manufacturing Production | 4.7 % | Jan/20 |
| Competitiveness Index | 57.33 Index Points | 2019 |
| Competitiveness Rank | 82 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Retail Sales YoY | 6.3 % | Feb/20 |
| Consumer Credit | 174395 MKD Million | 3.072 USD Billion | Feb/20 |
| Consumer Spending | 117921 MKD Million | 2.077 USD Billion | 4Q/19 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | -5.2 % | Nov/19 |
Government Debt
4.726
USD Billion
#58 from 65 countries
Balance of Trade
-0.176
USD Billion
#88 from 173 countries
Gold Reserves
6.9
Tonnes
#76 from 114 countries
Foreign Exchange Reserves
N/A
N/A
#N/A from
N/A countries
Government Budget Value
-0.054
USD Billion
#36 from 113 countries
Inflation Rate
0.5
%
#140 from
174 countries
Interest Rate
1.75
%
#109 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
16.6
%
#16 from
171 countries
Wages
723.733
USD/Month
#54 from
82 countries
