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Macedonia Wages: Minimum and Average

Macedonia Wages Data

Indicator Data Period
Minimum Wages 20175 MKD/Month | 358.152 USD/Month 2023
Wages 52318 MKD/Month | 928.764 USD/Month Mar/23
Wage Growth  -1.7 % Mar/23


Latest data on Minimum Wages (MKD/Month)

Minimum Wages
                     Macedonia - Historical Data (MKD/Month)

What is minimum wage in Macedonia?

  • Minimum Wages in Macedonia increased to 20175 MKD/Month (358.152 USD/Month) in 2023. The maximum rate of minimum wage for employees was 14500 MKD/Month and minimum was 8050 MKD/Month.
  • Data published Yearly by Ministry of Labor and Social Policy.

Historical Data (MKD/Month) by years

Data
Period
Date
20175 2023 14.03.2023
18000 2022 30.06.2022
14500 2021 23.02.2021
12165 2018 28.04.2019
231 2017 19.06.2018
232.28 2016 31.12.2016
223.08 2016 30.06.2016
226.69 2015 31.12.2015


Historical Chart by presidents (MKD/Month)

Minimum Wages in Macedonia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Gjorge Ivanov 12.05.2009 - 199.4800 231.0000 232.2800 198.9500 15.80%


Latest data on Wages (MKD/Month)

Wages
                     Macedonia - Historical Data (MKD/Month)

What is average wage in Macedonia?

  • Average Wages in Macedonia increased to 52318 MKD/Month (928.764 USD/Month) in March 2023. The maximum rate of average wage for employees was 42441 MKD/Month and minimum was 20029 MKD/Month.
  • Data published Monthly by State Statistical Office.

Historical Data (MKD/Month) by years

Data
Period
Date
52318 Mar/23 23.05.2023
50486 Feb/23 20.04.2023
50837 Jan/23 21.03.2023
51387 Dec/22 25.02.2023
49397 Nov/22 28.01.2023
49585 Oct/22 24.12.2022
48744 Sep/22 26.11.2022
31871 Aug/22 22.10.2022


Historical Chart by presidents (MKD/Month)

Wages in Macedonia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Gjorge Ivanov 12.05.2009 - 30100.0000 34764.0000 35225.0000 29730.0000 15.50%
Branko Crvenkovski 12.05.2004 - 12.05.2009 21220.0000 30139.0000 30139.0000 20705.0000 42.03%
Boris Trajkovski 15.12.1999 - 26.12.2004 20184.0000 20799.0000 21307.0000 20029.0000 3.05%


Latest data on Wage Growth  (%)

Wage Growth 
                     Macedonia - Historical Data (%)

What is the growth rate of wages in Macedonia?

  • Wage Growth in Macedonia decreased by 1.7 % in March 2023 over the same month in the previous year. The maximum growth was 19.6 % and minimum was -4.5 %
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
-1.7 Mar/23 23.05.2023
-2.8 Feb/23 20.04.2023
-3.3 Jan/23 21.03.2023
-3.2 Dec/22 21.03.2023
-5 Nov/22 23.02.2023
-4.8 Sep/22 03.01.2023
-4.5 Aug/22 23.11.2022
-3.8 Jul/22 31.10.2022


Historical Chart by YoY presidents (%)

Wage Growth  in Macedonia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Macedonia

Index Updated Actual Previous
Unemployment Rate 4Q/22 14 % 14.3
Job Vacancies 4Q/22 9.699 K 10.217
Labor Force Participation Rate 4Q/22 54.87 % 55.22

Wages in other countries

Country Updated Actual Previous
Austria 2021 2699.808 USD/Month 3130.321
Ireland 4Q/22 3855.628 USD/Month 3718.539
Luxembourg 2021 6287.752 USD/Month 5854.003
Spain 4Q/22 2428.916 USD/Month 2176.171
Iceland 2022 5796.847 USD/Month 5509.874
Norway 1Q/23 4896.816 USD/Month 4713.952
Belarus Apr/23 634.921 USD/Month 641.284
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Mar/23 1069.627 USD/Month 1002.262
Croatia Mar/23 1130 USD/Month 1106
Cyprus 4Q/22 2727.195 USD/Month 2219.461
Czech Republic 4Q/22 1961.534 USD/Month 1801.943
Denmark 2021 6405.662 USD/Month 6266.321
Estonia 4Q/22 1901.365 USD/Month 1798.53
Euro Area 4Q/22 2213.081 USD/Month 2180.946
Finland 4Q/22 4077.895 USD/Month 4063.969
France 2021 3557.312 USD/Month 3534.818
Germany 4Q/21 4391.649 USD/Month 4257.758
Hungary Mar/23 1665.91 USD/Month 1531.084
Italy 2021 2651.057 USD/Month 2506.454
Latvia Dec/22 1206.11 USD/Month 1107.564
Lithuania 1Q/23 2099.378 USD/Month 2035.111
Macedonia Mar/23 928.764 USD/Month 896.241
Malta 4Q/22 159.329 USD/Month 157.366
Moldova 4Q/22 650.238 USD/Month 600.029
Montenegro Mar/23 1038.978 USD/Month 1026.124
Poland 1Q/23 1689.048 USD/Month 1596.345
Portugal 2023 1097.877 USD/Month 1091.45
Romania Mar/23 1573.885 USD/Month 1477.811
Russia Feb/23 811.331 USD/Month 788.472
Serbia Mar/23 790.828 USD/Month 752.659
Slovakia Mar/23 1566.985 USD/Month 1434.172
Slovenia Mar/23 2347.825 USD/Month 2284.631
Sweden Feb/23 2794.455 USD/Month 2794.455
Switzerland 2022 7423.219 USD/Month 7356.861
Ukraine Jan/22 398.627 USD/Month 477.275
United Kingdom Aug/19 2798.54 USD/Month
Albania 4Q/22 650.855 USD/Month 607.464
Bosnia and Herzegovina Mar/23 1086.191 USD/Month 1042.005
Kosovo Dec/18 558.79 USD/Month 559.9