Economy of Macedonia. Statistics, Data and Indicators
Macedonia
| 48BB- | Credit rank #61 |
| N/A | Quality of life # |
| 87 | Corruption rank#85 |
| 17 | Ease of doing business#10 |
Macedonia Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 12.27 USD Billion | 2020 |
| GDP Annual Growth Rate | 2.4 % | 1Q/22 |
| GDP per capita | 5093 USD | 2020 |
| Inflation Rate YoY | 11.9 % | May/22 |
| Interest Rate | 1.75 % | May/22 |
| Unemployment Rate | 14.8 % | 1Q/22 |
| Wages | 47092 MKD/Month | 798.916 USD/Month | Apr/22 |
| Balance of Trade | -437514 USD Thousand | -0.438 B USD | Apr/22 |
| Current Account | -142 USD Million | -0.142 B USD | Mar/22 |
| Government Debt | 6080 EUR Million | 6.34 B USD | 4Q/21 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 12.27 USD Billion | 2020 |
| GDP Annual Growth Rate | 2.4 % | 1Q/22 |
| GDP per capita | 5093 USD | 2020 |
| GDP Constant Prices | 180836 MKD Million | 3.068 B USD | 1Q/22 |
| GDP per capita PPP | 15848 USD | 2020 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 51.8 % | 2021 |
| Government Budget Value | 2020 MKD Million | 0.034 USD Billion | Apr/22 |
| Government Spending | 29402 MKD Million | 0.499 USD Billion | 1Q/22 |
| Government Debt | 6080 EUR Million | 6.34 USD Billion | 4Q/21 |
| Government Revenues | 21777 MKD Million | 0.369 USD Billion | Apr/22 |
| Fiscal Expenditure | 19757 MKD Million | 0.335 B USD | Apr/22 |
| Government Budget to GDP | -5.4 % | 2021 |
| Military Expenditure | 154 USD Million | 0.154 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 129 index points | Apr/22 |
| Food Inflation | 17.07 % | May/22 |
| Gasoline Prices | 1.66 USD/Liter | May/22 |
| GDP Deflator | 101 % | 2020 |
| Inflation Rate YoY | 11.9 % | May/22 |
| Producer Prices | 139 index points | Apr/22 |
| Inflation Rate Mom | 2.2 % | Apr/22 |
| Core Consumer Prices | 127 Index Points | Apr/22 |
| Core Inflation Rate | 8.5 % | Apr/22 |
| Producer Prices Change | 23.3 % | Apr/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -3.5 % | 2020 |
| Balance of Trade | -437514 USD Thousand | -0.438 USD Billion | Apr/22 |
| Capital Flows | -134 USD Million | -0.134 USD Billion | Mar/22 |
| Current Account | -142 USD Million | -0.142 USD Billion | Mar/22 |
| Exports | 739918 USD Thousand | 0.74 USD Billion | Apr/22 |
| External Debt | 9547 EUR Million | 9.955 USD Billion | 4Q/21 |
| Imports | 1177432 USD Thousand | 1.177 USD Billion | Apr/22 |
| Tourist Arrivals | 476 Hundreds Persons | 0.048 Million Persons | Apr/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 6.89 Tonnes | 1Q/22 |
| Interest Rate | 1.75 % | May/22 |
| Money Supply M0 | 43081 MKD Million | 0.731 USD Billion | May/22 |
| Money Supply M1 | 208965 MKD Million | 3.545 USD Billion | May/22 |
| Money Supply M2 | 413533 MKD Million | 7.016 USD Billion | May/22 |
| Central Bank Balance Sheet | 269463 MKD Million | 4.571 B USD | Feb/22 |
| Deposit Interest Rate | 0.15 % | Apr/22 |
| Foreign Direct Investment | 88.7 EUR Million | 0.092 B USD | Dec/21 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 18000 MKD/Month | 305.37 USD/Month | 2022 |
| Unemployment Rate | 14.8 % | 1Q/22 |
| Wages | 47092 MKD/Month | 798.916 USD/Month | Apr/22 |
| Employed Persons | 691498 Person | 0.691 Million Person | 1Q/22 |
| Employment Rate | 47.1 % | 1Q/22 |
| Full Time Employment | 753 Thousand Person | 4Q/20 |
| Job Vacancies | 7979 | 7.979 K | 4Q/21 |
| Labor Force Participation Rate | 55.3 % | 1Q/22 |
| Long Term Unemployment Rate | 12.9 % | 4Q/20 |
| Part Time Employment | 25.6 Thousand Persons | 4Q/20 |
| Unemployed Persons | 119699 Persons | 0.12 Million Persons | 1Q/22 |
| Wage Growth | -0.6 % | Jan/22 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 10 % | 2021 |
| Personal Income Tax Rate | 10 % | 2021 |
| Sales Tax Rate | 18 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Industrial Production | 8.5 % | May/22 |
| Steel Production | 32.8 Thousand Tonnes | Dec/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 24.1 index points | May/22 |
| Corruption Index | 39 index points | 2021 |
| Corruption Rank | 87 place | 2021 |
| Ease of Doing Business | 17 place | 2019 |
| Manufacturing Production | 4.6 % | May/22 |
| Competitiveness Index | 57.33 Index Points | 2019 |
| Competitiveness Rank | 82 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Retail Sales YoY | 1.7 % | May/22 |
| Consumer Credit | 206819 MKD Million | 3.509 USD Billion | May/22 |
| Consumer Spending | 119542 MKD Million | 2.028 USD Billion | 1Q/22 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | -26.1 % | Jan/22 |
