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Economy of Macedonia. Statistics, Data and Indicators

flag
Macedonia
48BB- Credit rank #61
N/A Quality of life #
111 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 -0.7 % 4Q/20
GDP per capita 5634 USD 2019
Inflation Rate YoY 2.1 % Mar/21
Interest Rate 1.25 % Apr/21
Unemployment Rate 16.1 % 4Q/20
Wages 42204 MKD/Month | 820.922 USD/Month Jan/21
Balance of Trade -241960 USD Thousand | -0.242 B USD Feb/21
Current Account -68.8 USD Million | -0.069 B USD Dec/20
Government Debt 4344 EUR Million | 5.206 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 -0.7 % 4Q/20
GDP per capita 5634 USD 2019
GDP Constant Prices 187814 MKD Million | 3.653 B USD 4Q/20
GDP per capita PPP 16506 USD 2019


Budget Indicators

Indicator Data Period
Government Debt to GDP 40.7 % 2019
Government Budget Value -2755 MKD Million | -0.054 USD Billion Feb/21
Government Spending 28968 MKD Million | 0.563 USD Billion 4Q/20
Government Debt 4344 EUR Million | 5.206 USD Billion 4Q/19
Government Revenues 16435 MKD Million | 0.32 USD Billion Feb/21
Fiscal Expenditure  19190 MKD Million | 0.373 B USD Feb/21
Government Budget to GDP -2 % 2019
Military Expenditure 156 USD Million | 0.156 B USD 2019


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 116 index points Mar/21
Food Inflation 1.7 % Mar/21
Gasoline Prices 1.26 USD/Liter Mar/21
GDP Deflator 101 % 2019
Inflation Rate YoY 2.1 % Mar/21
Producer Prices 110 index points Feb/21
Inflation Rate Mom 0.5 % Mar/21
Core Consumer Prices 116 Index Points Mar/21
Core Inflation Rate 1.7 % Mar/21
Producer Prices Change  3.9 % Feb/21


Trade Indicators

Indicator Data Period
Current Account to GDP -3.3 % 2019
Balance of Trade -241960 USD Thousand | -0.242 USD Billion Feb/21
Capital Flows -50.8 USD Million | -0.051 USD Billion Dec/20
Current Account -68.8 USD Million | -0.069 USD Billion Dec/20
Exports 659587 USD Thousand | 0.66 USD Billion Feb/21
External Debt 9087 EUR Million | 10.889 USD Billion 3Q/20
Imports 901546 USD Thousand | 0.902 USD Billion Feb/21
Tourist Arrivals 276 Hundreds Persons | 0.028 Million Persons Feb/21


Money Indicators

Indicator Data Period
Gold Reserves 6.89 Tonnes 4Q/20
Interest Rate 1.25 % Apr/21
Money Supply M0 43405 MKD Million | 0.844 USD Billion Jan/21
Money Supply M1 200266 MKD Million | 3.895 USD Billion Jan/21
Money Supply M2 381184 MKD Million | 7.415 USD Billion Jan/21
Central Bank Balance Sheet 243693 MKD Million | 4.74 B USD Jan/21
Deposit Interest Rate 0.15 % Mar/21
Foreign Direct Investment -15.13 EUR Million | -0.018 B USD Sep/20


Labor Indicators

Indicator Data Period
Minimum Wages 14500 MKD/Month | 282.044 USD/Month 2021
Unemployment Rate 16.1 % 4Q/20
Wages 42204 MKD/Month | 820.922 USD/Month Jan/21
Employed Persons 789552 Person | 0.79 Million Person 4Q/20
Employment Rate  46.84 % 4Q/20
Full Time Employment 748 Thousand Person 3Q/20
Job Vacancies 8364 | 8.364 K 3Q/20
Labor Force Participation Rate 55.86 % 4Q/20
Long Term Unemployment Rate 12.8 % 3Q/20
Part Time Employment 27.5 Thousand Persons 3Q/20
Unemployed Persons 151972 Persons | 0.152 Million Persons 4Q/20
Wage Growth  6.8 % Oct/20


Taxes

Indicator Data Period
Corporate Tax Rate 10 % 2021
Personal Income Tax Rate 10 % 2021
Sales Tax Rate 18 % 2020


Production Indicators

Indicator Data Period
Industrial Production -12.2 % Feb/21
Steel Production 32.8 Thousand Tonnes Dec/20


Business Indicators

Indicator Data Period
Business Confidence 28 index points Mar/21
Corruption Index 35 index points 2020
Corruption Rank 111 place 2020
Ease of Doing Business 17 place 2019
Manufacturing Production -9.4 % Jan/21
Competitiveness Index 57.33 Index Points 2019
Competitiveness Rank 82 2019


Consumer Indicators

Indicator Data Period
Retail Sales YoY -3.4 % Feb/21
Consumer Credit 186847 MKD Million | 3.634 USD Billion Feb/21
Consumer Spending 117104 MKD Million | 2.278 USD Billion 4Q/20


Housing Market

Indicator Data Period
Construction Output 18.6 % Nov/20


Government Debt
dept_icon
5.206
USD Billion
#58 from 65 countries
Balance of Trade
balance_icon
-0.242
USD Billion
#88 from 173 countries


Gold Reserves
gold_reserve_icon
6.89
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
2.1
%
#140 from 174 countries


Interest Rate
discount_rate_icon
1.25
%
#109 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
16.1
%
#16 from 171 countries
Wages
salary_icon
820.922
USD/Month
#54 from 82 countries