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Macedonia Wages: Minimum and Average

Macedonia Wages Data

Indicator Data Period
Minimum Wages 14500 MKD/Month | 283.705 USD/Month 2021
Wages 41704 MKD/Month | 815.974 USD/Month Feb/21
Wage Growth  0.8 % Jan/21


Latest data on Minimum Wages (MKD/Month)

Minimum Wages
                     Macedonia - Historical Data (MKD/Month)

What is minimum wage in Macedonia?

  • Minimum Wages in Macedonia remained unchanged at 14500 MKD/Month (283.705 USD/Month) in 2021. 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
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
213.72 2015 30.06.2015
213.04 2014 31.12.2014


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 decreased to 41704 MKD/Month (815.974 USD/Month) in February 2021. The maximum rate of average wage for employees was 42227 MKD/Month and minimum was 20029 MKD/Month.
  • Data published Monthly by State Statistical Office.

Historical Data (MKD/Month) by years

Data
Period
Date
41704 Feb/21 24.04.2021
42204 Jan/21 27.03.2021
42227 Dec/20 27.02.2021
41141 Nov/20 23.01.2021
41654 Oct/20 26.12.2020
40913 Sep/20 21.11.2020
41070 Aug/20 18.11.2020
40640 Jul/20 21.09.2020


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 increased by 0.8 % in January 2021 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
0.8 Jan/21 03.05.2021
6.8 Oct/20 16.02.2021
8.5 Aug/20 18.11.2020
7.7 Jul/20 21.09.2020
5.2 May/20 18.08.2020
4.9 Apr/20 15.07.2020
12.2 Jan/20 12.05.2020
5.5 Dec/19 24.02.2020


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/20 16.1 % 16.5
Job Vacancies 3Q/20 8.364 K 6.866
Labor Force Participation Rate 4Q/20 55.86 % 55.83

Wages in other countries

Country Updated Actual Previous
Austria 2019 3462.998 USD/Month 3366.905
Ireland 4Q/20 4111.322 USD/Month 3882.645
Luxembourg 2019 6674.208 USD/Month 6603.659
Spain 4Q/20 2506.933 USD/Month 2261.227
Iceland 2019 5609.354 USD/Month 5439.863
Norway 4Q/20 5841.274 USD/Month 5718.287
Belarus Mar/21 546.265 USD/Month 503.668
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Dec/20 912.969 USD/Month 871.923
Croatia Feb/21 1135.934 USD/Month 1126.412
Cyprus 4Q/20 2757.505 USD/Month 2328.127
Czech Republic 4Q/20 1828.35 USD/Month 1680.136
Denmark 2019 6967.287 USD/Month 6827.261
Estonia 4Q/20 1842.797 USD/Month 1752.785
Euro Area 3Q/20 2281.905 USD/Month 2117.696
Finland 4Q/20 4403.25 USD/Month 4385.005
France 2017 3751.277 USD/Month 3677.079
Germany 4Q/20 4905.61 USD/Month 4838.71
Hungary Feb/21 1363.819 USD/Month 1394.69
Italy 2019 3043.351 USD/Month 3004.428
Latvia Dec/20 1112.976 USD/Month 1039.994
Lithuania 4Q/20 1853.744 USD/Month 1769.815
Macedonia Feb/21 815.974 USD/Month 825.756
Malta 4Q/20 157.621 USD/Month 155.695
Moldova 4Q/20 500.653 USD/Month 456.238
Montenegro Mar/21 954.848 USD/Month 960.93
Poland 4Q/20 1457.953 USD/Month 1381.007
Portugal 2019 1445.045 USD/Month 1424.366
Romania Feb/21 1356.751 USD/Month 1369.586
Russia Feb/21 689.268 USD/Month 666.22
Serbia Feb/21 638.321 USD/Month 646.818
Slovakia Feb/21 1381.793 USD/Month 1431.664
Slovenia Feb/21 2367.051 USD/Month 2404.758
Sweden Feb/21 3544.375 USD/Month 3544.375
Switzerland 2019 7001.099 USD/Month 6938.907
Ukraine Mar/21 490.258 USD/Month 451.972
United Kingdom Aug/19 2798.54 USD/Month
Albania 4Q/20 536.15 USD/Month 515.31
Bosnia and Herzegovina Feb/21 918.449 USD/Month 927.079
Kosovo Dec/18 558.79 USD/Month 559.9