Economy of Macedonia. Statistics, Data and Indicators
Macedonia
| 48BB- | Credit rank #61 |
| N/A | Quality of life # |
| 111 | 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 | -1.9 % | 1Q/21 |
| GDP per capita | 5371 USD | 2020 |
| Inflation Rate YoY | 2.7 % | Jun/21 |
| Interest Rate | 1.25 % | Jun/21 |
| Unemployment Rate | 16 % | 1Q/21 |
| Wages | 42441 MKD/Month | 816.572 USD/Month | Apr/21 |
| Balance of Trade | -249075 USD Thousand | -0.249 B USD | May/21 |
| Current Account | -19.5 USD Million | -0.02 B USD | Mar/21 |
| Government Debt | 5516 EUR Million | 6.52 B USD | 4Q/20 |
GDP
12.27
USD Billion
#134 from 174 countries
GDP per capita
5371
USD
#91 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 12.27 USD Billion | 2020 |
| GDP Annual Growth Rate | -1.9 % | 1Q/21 |
| GDP per capita | 5371 USD | 2020 |
| GDP Constant Prices | 162705 MKD Million | 3.13 B USD | 1Q/21 |
| GDP per capita PPP | 15848 USD | 2020 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 40.7 % | 2019 |
| Government Budget Value | -5032 MKD Million | -0.097 USD Billion | May/21 |
| Government Spending | 27247 MKD Million | 0.524 USD Billion | 1Q/21 |
| Government Debt | 5516 EUR Million | 6.52 USD Billion | 4Q/20 |
| Government Revenues | 15735 MKD Million | 0.303 USD Billion | May/21 |
| Fiscal Expenditure | 20767 MKD Million | 0.4 B USD | May/21 |
| Government Budget to GDP | -2 % | 2019 |
| Military Expenditure | 154 USD Million | 0.154 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 117 index points | Apr/21 |
| Food Inflation | 1.9 % | May/21 |
| Gasoline Prices | 1.37 USD/Liter | Jun/21 |
| GDP Deflator | 101 % | 2019 |
| Inflation Rate YoY | 2.7 % | Jun/21 |
| Producer Prices | 114 index points | May/21 |
| Inflation Rate Mom | 0.7 % | May/21 |
| Core Consumer Prices | 117 Index Points | May/21 |
| Core Inflation Rate | 2.1 % | May/21 |
| Producer Prices Change | 11.6 % | May/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -3.3 % | 2019 |
| Balance of Trade | -249075 USD Thousand | -0.249 USD Billion | May/21 |
| Capital Flows | 2.1 USD Million | 0.002 USD Billion | Mar/21 |
| Current Account | -19.5 USD Million | -0.02 USD Billion | Mar/21 |
| Exports | 664417 USD Thousand | 0.664 USD Billion | May/21 |
| External Debt | 8630 EUR Million | 10.2 USD Billion | 4Q/20 |
| Imports | 913493 USD Thousand | 0.913 USD Billion | May/21 |
| Tourist Arrivals | 365 Hundreds Persons | 0.036 Million Persons | May/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 6.89 Tonnes | 1Q/21 |
| Interest Rate | 1.25 % | Jun/21 |
| Money Supply M0 | 43350 MKD Million | 0.834 USD Billion | Mar/21 |
| Money Supply M1 | 206404 MKD Million | 3.971 USD Billion | Mar/21 |
| Money Supply M2 | 388684 MKD Million | 7.478 USD Billion | Mar/21 |
| Central Bank Balance Sheet | 285909 MKD Million | 5.501 B USD | Apr/21 |
| Deposit Interest Rate | 0.15 % | Jun/21 |
| Foreign Direct Investment | 35.61 EUR Million | 0.042 B USD | Mar/21 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 14500 MKD/Month | 278.982 USD/Month | 2021 |
| Unemployment Rate | 16 % | 1Q/21 |
| Wages | 42441 MKD/Month | 816.572 USD/Month | Apr/21 |
| Employed Persons | 793121 Person | 0.793 Million Person | 1Q/21 |
| Employment Rate | 47.05 % | 1Q/21 |
| Full Time Employment | 753 Thousand Person | 4Q/20 |
| Job Vacancies | 7916 | 7.916 K | 4Q/20 |
| Labor Force Participation Rate | 56 % | 1Q/21 |
| Long Term Unemployment Rate | 12.9 % | 4Q/20 |
| Part Time Employment | 25.6 Thousand Persons | 4Q/20 |
| Unemployed Persons | 150843 Persons | 0.151 Million Persons | 1Q/21 |
| Wage Growth | 0.8 % | Feb/21 |
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 | 16.5 % | May/21 |
| Steel Production | 32.8 Thousand Tonnes | Dec/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 28.6 index points | Jun/21 |
| Corruption Index | 35 index points | 2020 |
| Corruption Rank | 111 place | 2020 |
| Ease of Doing Business | 17 place | 2019 |
| Manufacturing Production | 64.4 % | Apr/21 |
| Competitiveness Index | 57.33 Index Points | 2019 |
| Competitiveness Rank | 82 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Retail Sales YoY | 19.2 % | May/21 |
| Consumer Credit | 191500 MKD Million | 3.684 USD Billion | May/21 |
| Consumer Spending | 106547 MKD Million | 2.05 USD Billion | 1Q/21 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 10.5 % | Feb/21 |
Government Debt
6.52
USD Billion
#58 from 65 countries
Balance of Trade
-0.249
USD Billion
#88 from 173 countries
Gold Reserves
6.89
Tonnes
#76 from 114 countries
Foreign Exchange Reserves
N/A
N/A
#N/A from
N/A countries
Government Budget Value
-0.097
USD Billion
#36 from 113 countries
Inflation Rate
2.7
%
#140 from
174 countries
Interest Rate
1.25
%
#109 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
16
%
#16 from
171 countries
Wages
816.572
USD/Month
#54 from
82 countries
