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North Macedonia

Capital: SkopjeRegion: Europe & Central AsiaIncome: Upper middle income
GDP
$20.75B
2026
Population
1.8M
2024
GDP per Capita
$12K
2026
Life Expectancy
75.3 years
2023

Economy

IndicatorValueYear
GDP (Current USD, Billions)$20.75B2026
Real GDP Growth (%)3.2%2026
GDP per Capita (USD)$12K2026
GDP, PPP (Billions Intl $)$56.11B2026
GDP per Capita, PPP (Intl $)$31K2026
Share of World GDP, PPP (%)0.03%2026
GNI (Current USD)$16.08B2024
GNI per Capita (USD)$8K2024
GNI per Capita, PPP (USD)$26K2024
Industry Value Added (% of GDP)24.1%2024
Services Value Added (% of GDP)56.2%2024
Agriculture Value Added (% of GDP)6.1%2024
Government Consumption (% of GDP)15.5%2024
Household Consumption (% of GDP)66.8%2024
Gross Capital Formation (% of GDP)30.6%2024
Gross Savings (% of GNI)28.4%2024
GDP Deflator (%)3.7%2024
GDP per Person Employed (USD)$64K2024
Manufacturing Value Added (% of GDP)14.3%2024
Medium/High-Tech Manufacturing (% of total)32.9%2022
Adjusted Net National Income per Capita (USD)$6K2021
Adjusted Net Savings (% of GNI)14.3%2021
External Balance on Goods & Services (% of GDP)-13.0%2024
Coal Rents (% of GDP)0.01%2021
Mineral Rents (% of GDP)0.00%2021
Oil Rents (% of GDP)0.00%2021
Natural Gas Rents (% of GDP)0.00%2021
Total Natural Resources Rents (% of GDP)0.1%2021
Forest Rents (% of GDP)0.13%2021
Industry Value Added (Current USD)$4.08B2024

Fiscal & Monetary

IndicatorValueYear
Inflation, Consumer Prices (%)3.0%2026
Govt Gross Debt (% of GDP)53.9%2026
Fiscal Balance (% of GDP)-4.5%2026
Current Account Balance (% of GDP)-3.1%2026
Unemployment Rate (%)12.7%2026
Inflation, CPI (%, World Bank)3.5%2024
Lending Interest Rate (%)5.9%2024
Deposit Interest Rate (%)2.4%2024
Government Revenue (% of GDP)29.4%2023
Tax Revenue (% of GDP)17.8%2023
Taxes on Goods & Services (% of revenue)37.1%2023
Taxes on Income, Profits & Capital Gains (% of rev)17.3%2023
Net Investment in Nonfinancial Assets (% of GDP)1.4%2023
Total Reserves incl. Gold (USD)$5.25B2024
Total Reserves (months of imports)4.62024
Official Exchange Rate (per USD)56.872024
Broad Money (% of GDP)60.5%2024

Trade

IndicatorValueYear
Trade (% of GDP)136.3%2024
Imports of Goods & Services (% of GDP)74.6%2024
Exports of Goods & Services (USD)$10.46B2024
Imports of Goods & Services (USD)$12.65B2024
Merchandise Exports (USD)$8.42B2024
Merchandise Imports (USD)$11.97B2024
FDI Inflows (% of GDP)6.2%2024
FDI Outflows (% of GDP)-0.4%2024
FDI Net Inflows (USD)$1.06B2024
Personal Remittances Received (USD)$458.2M2024
Personal Remittances Received (% of GDP)2.7%2024
High-Tech Exports (% of manufactured)6.4%2024
Current Account Balance (% of GDP)-2.1%2024
Current Account Balance (USD)$-356.0M2024

External Debt

IndicatorValueYear
External Debt (% of GNI)81.2%2024
External Debt Stocks (USD)$12.84B2024
Total Debt Service (% of GNI)9.6%2024
Present Value of External Debt (USD)$5.46B2024
Use of IMF Credit (USD)$572.0M2024
Net ODA Received (% of GNI)2.8%2023

Finance

IndicatorValueYear
Domestic Credit by Financial Sector (% of GDP)73.7%2024
Domestic Credit to Private Sector (% of GDP)53.9%2024
Bank Capital to Assets Ratio (%)11.6%2023
Bank Nonperforming Loans (%)2.7%2023
Account Ownership at Financial Institution (%)84.3%2024
Account Ownership, Female (%)77.2%2024
Account Ownership, Male (%)91.6%2024
Firms Using Banks to Finance Investment (%)30.5%2023

Business Environment

IndicatorValueYear
Time to Get Electricity (days)392023

Private Sector

IndicatorValueYear
Firms Expected to Pay Bribes (%)18.4%2023
Firms with Female Top Manager (%)20.6%2023
Firms with Female Participation in Ownership (%)16.4%2023
Average Firm Age (years)31 years2023
Firms Using Computers (%)56.6%2023

People

IndicatorValueYear
Population1.8M2024
Population Growth (%)-0.2%2024
Population Density (per km²)722023
Surface Area (sq km)25,7102023
Land Area (sq km)25,2202023
Urban Population (%)62.6%2024
Urban Population (total)1.1M2024
Rural Population (%)37.4%2024
Life Expectancy at Birth75.3 years2023
Life Expectancy, Male73.2 years2023
Life Expectancy, Female77.6 years2023
Fertility Rate (births per woman)1.52023
Birth Rate (per 1,000)9.22023
Death Rate (per 1,000)11.02023
Net Migration-5,6452025
Population Ages 0–14 (%)16.8%2024
Population Ages 15–64 (%)65.2%2024
Population Ages 65+ (%)18.0%2024
Age Dependency Ratio (%)53.5%2024
Mortality Rate, Adult Male (per 1,000)106.02023
Mortality Rate, Adult Female (per 1,000)57.92023

Labor

IndicatorValueYear
Total Labor Force786,7902025
Labor Force Participation (%)51.9%2025
Female Labor Force Participation (%)42.7%2025
Male Labor Force Participation (%)61.8%2025
Unemployment (%)12.3%2025
Female Unemployment (%)11.1%2025
Male Unemployment (%)13.1%2025
Youth Unemployment (%)28.8%2025
Employment in Agriculture (%)8.5%2025
Employment in Industry (%)30.6%2025
Employment in Services (%)60.9%2025
Vulnerable Employment (%)12.3%2025
Wage & Salaried Workers (% of total)83.4%2025
Part-Time Employment (%)22.7%2024
Employers (% of total employment)4.3%2025
Labor Force, Female (% of total)42.7%2025

Education

IndicatorValueYear
Primary School Enrollment (%)96.3%2023
Secondary School Enrollment (%)90.1%2023
Tertiary School Enrollment (%)55.0%2023
Primary Completion Rate (%)95.8%2023
Lower Secondary Completion Rate (%)93.0%2023
Out-of-School Children, Primary4,1512023
Out-of-School Girls, Primary1,8692023
Primary School Teachers7,6752022
Secondary School Teachers19,0352022
Pupil-Teacher Ratio, Primary152017
Pupil-Teacher Ratio, Secondary92017

Health

IndicatorValueYear
Health Spending (% of GDP)7.4%2023
Health Spending per Capita (USD)$6392023
Government Health Spending (% of GDP)4.3%2023
Out-of-Pocket Health Spending (% of total)39.6%2023
Physicians (per 1,000 people)2.92022
Nurses & Midwives (per 1,000)5.52022
Hospital Beds (per 1,000)4.72021
Infant Mortality (per 1,000 live births)3.32023
Under-5 Mortality, Female (per 1,000)3.12023
Under-5 Mortality, Male (per 1,000)3.42023
Cause of Death, Communicable (%)1.3%2019
Cause of Death, Non-Communicable (%)96.1%2019
Cause of Death, Injury (%)2.6%2019
Measles Immunization (% of children)73.0%2024
DPT Immunization (% of children)89.0%2024
HIV Incidence (per 1,000)0.102024
Tuberculosis Incidence (per 100,000)112024
Suicide Mortality Rate (per 100,000)5.82021
Alcohol Consumption (liters per capita)4.42020

Energy & Environment

IndicatorValueYear
Energy Use (kg oil eq. per capita)1,4502023
Electric Power Consumption (kWh per capita)3,3202023
Renewable Electricity Output (%)31.0%2021
Renewable Energy Consumption (%)19.5%2021
Access to Clean Fuels for Cooking (%)81.3%2023
PM2.5 Air Pollution (µg/m³)26.12020
Forest Area (%)39.7%2023
Forest Area (sq km)10,0152023
Terrestrial Protected Areas (%)28.2%2024
Access to Basic Drinking Water (%)98.2%2024
Access to Basic Sanitation (%)99.0%2024

Agriculture

IndicatorValueYear
Agricultural Land (%)49.6%2023
Cereal Yield (kg per hectare)3,4082023
Food Production Index (2014–2016=100)100.72022
Crop Production Index (2014–2016=100)102.72022
Livestock Production Index (2014–2016=100)93.22022
Land Under Cereal Production (hectares)153,4542023
Fertilizer Consumption (kg per hectare)54.32023
Annual Freshwater Withdrawals (% of internal)40.2%2022

Technology

IndicatorValueYear
Internet Users (%)87.2%2023
Fixed Broadband Subscriptions (per 100)29.22023
Secure Internet Servers (per million)2,068.12024
R&D Spending (% of GDP)0.40%2023
Patent Applications, Residents422021
Scientific Journal Articles5322022
High-Technology Exports (USD)$431.8M2024
ICT Service Exports (% of service exports)21.6%2024
Industrial Design Applications, Resident672021
Researchers in R&D (per million)9222023

Infrastructure

IndicatorValueYear
Rail Lines (total km)6832021
Railways, Passengers (million km)252021
Railways, Goods (million ton-km)3752021
Logistics Performance Index (1–5)3.102022
Electricity from Oil (%)7.6%2023
Electricity from Nuclear (%)0.0%2021

Gender

IndicatorValueYear
Women in Parliament (%)39.2%2024
Female Labor Force Participation, 15+ (%)42.9%2024
Female Wage & Salaried Workers (%)88.4%2025
Girls Out-of-School Rate (%)104.7%2017
Adolescent Fertility Rate (per 1,000)13.02023
Gender Parity Index, Secondary0.992020

Governance

IndicatorValueYear
Control of Corruption-0.352023
Government Effectiveness-0.052023
Regulatory Quality0.432023
Voice & Accountability0.162023
Control of Corruption (percentile rank)42.5%2023
Government Effectiveness (percentile rank)49.1%2023
Rule of Law (percentile rank)45.3%2023
Political Stability (percentile rank)51.2%2023

Military

IndicatorValueYear
Military Spending (% of GDP)2.1%2024
Armed Forces (% of labor force)2.0%2020
Intentional Homicides (per 100,000)1.52023

Social Protection

IndicatorValueYear
Human Capital Index (0–1)0.562020
Human Capital Index, Female0.572020
Human Capital Index, Male0.542020
Learning-Adjusted Years of School7.3 years2020

Tourism

IndicatorValueYear
International Tourism, Arrivals118,0002020
Tourism Receipts (USD)$253.0M2020
Tourism Expenditures (USD)$153.0M2020
Tourism Receipts (% of total exports)3.5%2020
International Tourism, Transport Services (USD)$1.0M2020

Urban Development

IndicatorValueYear
Population in Largest City620,8252025
Population in Slums (% of urban)0.3%2022
Rural Population Growth (%)-1.0%2024
Access to Safely Managed Sanitation (%)12.1%2024