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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 2.1 % Oct/20
Interest Rate 1.5 % Sep/20
Unemployment Rate 16.7 % 2Q/20
Wages 40913 MKD/Month | 805.165 USD/Month Sep/20
Balance of Trade -101885 USD Thousand | -0.102 B USD Sep/20
Current Account -28.44 USD Million | -0.028 B USD Sep/20
Government Debt 4344 EUR Million | 5.274 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 | 2.948 B USD 2Q/20
GDP per capita PPP 16506 USD 2019


Budget Indicators

Indicator Data Period
Government Debt to GDP 40.7 % 2019
Government Budget Value 1047 MKD Million | 0.021 USD Billion Oct/20
Government Spending 27836 MKD Million | 0.548 USD Billion 2Q/20
Government Debt 4344 EUR Million | 5.274 USD Billion 4Q/19
Government Revenues 18525 MKD Million | 0.365 USD Billion Oct/20
Fiscal Expenditure  17478 MKD Million | 0.344 B USD Oct/20
Government Budget to GDP -2 % 2019
Military Expenditure 109 USD Million | 0.109 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 115 index points Oct/20
Food Inflation 3.5 % Oct/20
Gasoline Prices 1.18 USD/Liter Nov/20
GDP Deflator 101 % 2019
Inflation Rate YoY 2.1 % Oct/20
Producer Prices 106 index points Sep/20
Inflation Rate Mom 0.1 % Oct/20
Core Consumer Prices 115 Index Points Oct/20
Core Inflation Rate 2 % Oct/20
Producer Prices Change  -0.5 % Sep/20


Trade Indicators

Indicator Data Period
Current Account to GDP -3.3 % 2019
Balance of Trade -101885 USD Thousand | -0.102 USD Billion Sep/20
Capital Flows 13.2 USD Million | 0.013 USD Billion Jun/20
Current Account -28.44 USD Million | -0.028 USD Billion Sep/20
Exports 692278 USD Thousand | 0.692 USD Billion Sep/20
External Debt 8339 EUR Million | 10.125 USD Billion 1Q/20
Imports 794164 USD Thousand | 0.794 USD Billion Sep/20
Tourist Arrivals 443 Hundreds Persons | 0.044 Million Persons Sep/20


Money Indicators

Indicator Data Period
Gold Reserves 6.89 Tonnes 3Q/20
Interest Rate 1.5 % Sep/20
Money Supply M0 41928 MKD Million | 0.825 USD Billion Oct/20
Money Supply M1 189083 MKD Million | 3.721 USD Billion Oct/20
Money Supply M2 365838 MKD Million | 7.2 USD Billion Oct/20
Central Bank Balance Sheet 262020 MKD Million | 5.157 B USD Oct/20
Deposit Interest Rate 0.15 % Sep/20
Foreign Direct Investment -19.63 EUR Million | -0.024 B USD Jun/20


Labor Indicators

Indicator Data Period
Minimum Wages 12165 MKD/Month | 239.406 USD/Month 2018
Unemployment Rate 16.7 % 2Q/20
Wages 40913 MKD/Month | 805.165 USD/Month Sep/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  8.5 % Aug/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 -5.2 % Oct/20
Steel Production 25 Thousand Tonnes Oct/20


Business Indicators

Indicator Data Period
Business Confidence 25.8 index points Oct/20
Corruption Index 35 index points 2019
Corruption Rank 106 place 2019
Ease of Doing Business 17 place 2019
Manufacturing Production -8.1 % Aug/20
Competitiveness Index 57.33 Index Points 2019
Competitiveness Rank 82 2019


Consumer Indicators

Indicator Data Period
Retail Sales YoY -10.2 % Oct/20
Consumer Credit 184636 MKD Million | 3.634 USD Billion Oct/20
Consumer Spending 105687 MKD Million | 2.08 USD Billion 2Q/20


Housing Market

Indicator Data Period
Construction Output -8 % Aug/20


Government Debt
dept_icon
5.274
USD Billion
#58 from 65 countries
Balance of Trade
balance_icon
-0.102
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
0.021
USD Billion
#36 from 113 countries
Inflation Rate
inflation_icon
2.1
%
#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
805.165
USD/Month
#54 from 82 countries