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)
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)
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 (%)
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 |
