Economy of Macedonia. Statistics, Data and Indicators
Macedonia
| 48BB- | Credit rank #61 |
| N/A | Quality of life # |
| 106 | Corruption rank#85 |
| 17 | Ease of doing business#10 |
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
12.69
USD Billion
#134 from 174 countries
GDP per capita
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
5.143
USD Billion
#58 from 65 countries
Balance of Trade
-0.228
USD Billion
#88 from 173 countries
Gold Reserves
6.9
Tonnes
#76 from 114 countries
Foreign Exchange Reserves
N/A
N/A
#N/A from
N/A countries
Government Budget Value
-0.118
USD Billion
#36 from 113 countries
Inflation Rate
1.5
%
#140 from
174 countries
Interest Rate
1.5
%
#109 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
16.7
%
#16 from
171 countries
Wages
770.89
USD/Month
#54 from
82 countries
