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Economy of Macedonia. Statistics, Data and Indicators

flag
Macedonia
48BB- Credit rank #61
N/A Quality of life #
106 Corruption rank#85
17 Ease of doing business#10
Macedonia


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
vvp
13.2
USD Billion
#134 from 174 countries
GDP per capita
vvp
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
dept_icon
4.726
USD Billion
#58 from 65 countries
Balance of Trade
balance_icon
-0.176
USD Billion
#88 from 173 countries


Gold Reserves
gold_reserve_icon
6.9
Tonnes
#76 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries


Government Budget Value
balance_icon
-0.054
USD Billion
#36 from 113 countries
Inflation Rate
inflation_icon
0.5
%
#140 from 174 countries


Interest Rate
discount_rate_icon
1.75
%
#109 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
16.6
%
#16 from 171 countries
Wages
salary_icon
723.733
USD/Month
#54 from 82 countries