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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 12.27 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
vvp
12.27
USD Billion
#134 from 174 countries
GDP per capita
vvp
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
dept_icon
6.52
USD Billion
#58 from 65 countries
Balance of Trade
balance_icon
-0.249
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
-0.097
USD Billion
#36 from 113 countries
Inflation Rate
inflation_icon
2.7
%
#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
%
#16 from 171 countries
Wages
salary_icon
816.572
USD/Month
#54 from 82 countries