Macedonia Wages: Minimum and Average
Macedonia Wages Data
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 29739 MKD/Month | 512.908 USD/Month | 2023 |
| Wages | 54434 MKD/Month | 938.822 USD/Month | Jul/23 |
| Wage Growth | 5.6 % | Jul/23 |
Latest data on Minimum Wages (MKD/Month)
What is minimum wage in Macedonia?
- Minimum Wages in Macedonia increased to 29739 MKD/Month (512.908 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
| 29739 | 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 decreased to 54434 MKD/Month (938.822 USD/Month) in July 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
| 54434 | Jul/23 | 20.09.2023 |
| 54720 | Jun/23 | 21.08.2023 |
| 54675 | May/23 | 21.07.2023 |
| 54177 | Apr/23 | 20.06.2023 |
| 52318 | Mar/23 | 23.05.2023 |
| 50486 | Feb/23 | 20.04.2023 |
| 50837 | Jan/23 | 21.03.2023 |
| 51387 | Dec/22 | 25.02.2023 |
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 increased by 5.6 % in July 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
| 5.6 | Jul/23 | 21.09.2023 |
| 5.1 | Jun/23 | 21.08.2023 |
| 4.6 | May/23 | 21.07.2023 |
| 1.8 | Apr/23 | 21.06.2023 |
| -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 |
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 | 2Q/23 | 13.2 % | 13.4 |
| Job Vacancies | 2Q/23 | 8.059 K | 9.467 |
| Labor Force Participation Rate | 2Q/23 | 52.4 % | 52 |
Wages in other countries
| Country | Updated | Actual | Previous |
| Austria | 2021 | 2674.517 USD/Month | 3100.997 |
| Ireland | 2Q/23 | 3861.659 USD/Month | 3921.069 |
| Luxembourg | 2022 | 6692.128 USD/Month | 6394.017 |
| Spain | 2Q/23 | 2400.806 USD/Month | 2256.525 |
| Iceland | 2022 | 5859.446 USD/Month | 5569.374 |
| Norway | 2Q/23 | 4976.271 USD/Month | 4885.96 |
| Belarus | Aug/23 | 693.605 USD/Month | 683.353 |
| Belgium | 2016 | 3849.76 USD/Month | 3801.21 |
| Bulgaria | Jun/23 | 1045.294 USD/Month | 1049.634 |
| Croatia | Jul/23 | 1141 USD/Month | 1150 |
| Cyprus | 2Q/23 | 2387.015 USD/Month | 2388.076 |
| Czech Republic | 2Q/23 | 1865.756 USD/Month | 1783.943 |
| Denmark | 2021 | 6341.338 USD/Month | 6203.397 |
| Estonia | 2Q/23 | 1987.057 USD/Month | 1847.019 |
| Euro Area | 1Q/23 | 2239.55 USD/Month | 2198.175 |
| Finland | 2Q/23 | 4119.457 USD/Month | 4049.438 |
| France | 2021 | 3523.234 USD/Month | 3500.955 |
| Germany | 4Q/21 | 4349.671 USD/Month | 4217.059 |
| Hungary | Jul/23 | 1537.104 USD/Month | 1558.236 |
| Italy | 2022 | 2786.972 USD/Month | 2656.482 |
| Latvia | Jun/23 | 1196.69 USD/Month | 1198.812 |
| Lithuania | 2Q/23 | 2121.791 USD/Month | 2079.355 |
| Macedonia | Jul/23 | 938.822 USD/Month | 943.754 |
| Malta | 2Q/23 | 161.875 USD/Month | 163.378 |
| Moldova | 2Q/23 | 670.134 USD/Month | 632.158 |
| Montenegro | Aug/23 | 1055.591 USD/Month | 1053.469 |
| Poland | 2Q/23 | 1644.292 USD/Month | 1671.986 |
| Portugal | 2023 | 1107.575 USD/Month | 1087.418 |
| Romania | Jul/23 | 1563.428 USD/Month | 1573.471 |
| Russia | Jul/23 | 730.402 USD/Month | 783.429 |
| Serbia | Jul/23 | 758.594 USD/Month | 774.512 |
| Slovakia | Jul/23 | 1562.699 USD/Month | 1607.257 |
| Slovenia | Jul/23 | 2336.092 USD/Month | 2340.335 |
| Sweden | Jul/23 | 2832.482 USD/Month | 2861.834 |
| Switzerland | 2022 | 7442.892 USD/Month | 7376.358 |
| Ukraine | Jan/22 | 398.627 USD/Month | 477.275 |
| United Kingdom | Aug/19 | 2798.54 USD/Month | |
| Albania | 2Q/23 | 712.412 USD/Month | 650.128 |
| Bosnia and Herzegovina | Jul/23 | 1054.573 USD/Month | 1059.998 |
| Kosovo | Dec/18 | 558.79 USD/Month | 559.9 |
