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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 12.69 USD Billion 2019
GDP Annual Growth Rate -12.7 % 2Q/20
GDP per capita 5634 USD 2019
Inflation Rate YoY 1.5 % Aug/20
Interest Rate 1.5 % Jun/20
Unemployment Rate 16.7 % 2Q/20
Wages 40107 MKD/Month | 770.89 USD/Month Jun/20
Balance of Trade -228225 USD Thousand | -0.228 B USD Jul/20
Current Account -1.8 USD Million | -0.002 B USD Jun/20
Government Debt 4344 EUR Million | 5.143 B USD 4Q/19


GDP
vvp
12.69
USD Billion
#134 from 174 countries
GDP per capita
vvp
5634
USD
#91 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 12.69 USD Billion 2019
GDP Annual Growth Rate -12.7 % 2Q/20
GDP per capita 5634 USD 2019
GDP Constant Prices 149782 MKD Million | 2.879 B USD 2Q/20
GDP per capita PPP 16506 USD 2019


Budget Indicators

Indicator Data Period
Government Debt to GDP 40.7 % 2018
Government Budget Value -6137 MKD Million | -0.118 USD Billion Jul/20
Government Spending 27836 MKD Million | 0.535 USD Billion 2Q/20
Government Debt 4344 EUR Million | 5.143 USD Billion 4Q/19
Government Revenues 17896 MKD Million | 0.344 USD Billion Jul/20
Fiscal Expenditure  24033 MKD Million | 0.462 B USD Jul/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) 115 index points Jul/20
Food Inflation 2.5 % Aug/20
Gasoline Prices 1.16 USD/Liter Aug/20
GDP Deflator 104 % 2018
Inflation Rate YoY 1.5 % Aug/20
Producer Prices 104 index points Jul/20
Inflation Rate Mom 0.5 % Aug/20
Core Consumer Prices 116 Index Points Aug/20
Core Inflation Rate 1.5 % Aug/20
Producer Prices Change  -0.4 % Jul/20


Trade Indicators

Indicator Data Period
Current Account to GDP -0.3 % 2018
Balance of Trade -228225 USD Thousand | -0.228 USD Billion Jul/20
Capital Flows 13.2 USD Million | 0.013 USD Billion Jun/20
Current Account -1.8 USD Million | -0.002 USD Billion Jun/20
Exports 591985 USD Thousand | 0.592 USD Billion Jul/20
External Debt 8339 EUR Million | 9.873 USD Billion 1Q/20
Imports 820210 USD Thousand | 0.82 USD Billion Jul/20
Tourist Arrivals 756 Hundreds Persons | 0.076 Million Persons Jul/20


Money Indicators

Indicator Data Period
Gold Reserves 6.9 Tonnes 2Q/20
Interest Rate 1.5 % Jun/20
Money Supply M0 41125 MKD Million | 0.79 USD Billion Jun/20
Money Supply M1 185617 MKD Million | 3.568 USD Billion Jun/20
Money Supply M2 361589 MKD Million | 6.95 USD Billion Jun/20
Central Bank Balance Sheet 248323 MKD Million | 4.773 B USD Jun/20
Deposit Interest Rate 0.15 % Jun/20
Foreign Direct Investment 108 EUR Million | 0.128 B USD Mar/20


Labor Indicators

Indicator Data Period
Minimum Wages 12165 MKD/Month | 233.821 USD/Month 2018
Unemployment Rate 16.7 % 2Q/20
Wages 40107 MKD/Month | 770.89 USD/Month Jun/20
Employed Persons 793416 Person | 0.793 Million Person 2Q/20
Employment Rate  47.06 % 2Q/20
Full Time Employment 765 Thousand Person 4Q/19
Job Vacancies 9075 | 9.075 K 1Q/20
Labor Force Participation Rate 56.53 % 2Q/20
Long Term Unemployment Rate 11.7 % 1Q/20
Part Time Employment 35.5 Thousand Persons 4Q/19
Unemployed Persons 159623 Persons | 0.16 Million Persons 2Q/20
Wage Growth  5.2 % May/20


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 -9.5 % Jul/20
Steel Production 20 Thousand Tonnes May/20


Business Indicators

Indicator Data Period
Business Confidence 22.8 index points Aug/20
Corruption Index 35 index points 2019
Corruption Rank 106 place 2019
Ease of Doing Business 17 place 2019
Manufacturing Production -6.5 % Jul/20
Competitiveness Index 57.33 Index Points 2019
Competitiveness Rank 82 2019


Consumer Indicators

Indicator Data Period
Retail Sales YoY -11.9 % Jul/20
Consumer Credit 180687 MKD Million | 3.473 USD Billion Jul/20
Consumer Spending 105687 MKD Million | 2.031 USD Billion 2Q/20


Housing Market

Indicator Data Period
Construction Output 2.5 % May/20


Government Debt
dept_icon
5.143
USD Billion
#58 from 65 countries
Balance of Trade
balance_icon
-0.228
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
-0.118
USD Billion
#36 from 113 countries
Inflation Rate
inflation_icon
1.5
%
#140 from 174 countries


Interest Rate
discount_rate_icon
1.5
%
#109 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
16.7
%
#16 from 171 countries
Wages
salary_icon
770.89
USD/Month
#54 from 82 countries