Economy of Macedonia. Statistics, Data and Indicators
Macedonia
| 48BB- | Credit rank #61 |
| N/A | Quality of life # |
| 111 | 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 | -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
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 | -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
5.206
USD Billion
#58 from 65 countries
Balance of Trade
-0.242
USD Billion
#88 from 173 countries
Gold Reserves
6.89
Tonnes
#76 from 114 countries
Foreign Exchange Reserves
N/A
N/A
#N/A from
N/A countries
Government Budget Value
-0.054
USD Billion
#36 from 113 countries
Inflation Rate
2.1
%
#140 from
174 countries
Interest Rate
1.25
%
#109 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
16.1
%
#16 from
171 countries
Wages
820.922
USD/Month
#54 from
82 countries
