Country comparison Luxembourg vs North Macedonia

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Gouvernement
GDP Growth (%) [+]20240.4%chart3.0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q232,129Kchart2,238K2025Q2Qu. GDP Per Capita [+]
Annual GDP [+]2024€86,180Mchart€15,672M2024Annual GDP [+]
Annual GDP [+]2024$93,280Mchart$16,679M2024Annual GDP [+]
GDP per capita [+]2024€127,030chart€8,5902024GDP per capita [+]
GDP per capita [+]2024$138,757chart$9,1692024GDP per capita [+]
Quarterly GDP [+]2025Q2€21,911Mchart€4,078M2025Q2Quarterly GDP [+]
Debt (M.€.) [+]202422,649chart8,4522024Debt (M.€.) [+]
Debt ($M) [+]202424,514chart9,1462024Debt ($M) [+]
Debt (%GDP) [+]202426.30%chart54.83%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€33,211chart€4,6372024Debt Per Capita [+]
Debt Per Capita [+]2024$35,946chart$5,0182024Debt Per Capita [+]
Deficit (M.€) [+]2024766chart-6852024Deficit (M.€) [+]
Deficit ($M) [+]2024961chart-7422024Deficit ($M) [+]
Deficit (%GDP) [+]20240.90%chart-4.45%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202440,368.7chart5,661.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202443,704.4chart6,125.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20222,843.7chart139.92002Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20223,025.6chart132.62002Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20228.45%chart8.64%2002Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20244,351,675,000.0chart558.42022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20244,710,165,986.5chart587.92022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202310.48%chart12.36%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023615.1chart249.22023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023665.1chart268.02023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20231.62%chart4.70%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202446.80%chart36.73%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€59,194chart€3,1062024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$64,085chart$3,3612024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€4,340chart€692002Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$4,643chart$652002Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,475chart€3032022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$7,009chart$3192022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€921chart€1362023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$1,007chart$1472023Defence Expenditure P.C. [+]
Moody's Rating [+]02/07/2025Aaa
S&P Rating [+]04/28/1994AAABB-05/24/2013S&P Rating [+]
Fitch Rating [+]03/06/2020AAABB+05/15/2020Fitch Rating [+]
Corruption Index [+]202378chart422023Corruption Index [+]
Competitiveness Ranking [+]201918ºchart82º2019Competitiveness Ranking [+]
Fragile States Index [+]202418.7chart58.12024Fragile States Index [+]
RTI Raking [+]2024117ºchart26º2024RTI Raking [+]
Innovation Ranking [+]202420ºchart58º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]September 20256.9%
Unemployment rate [+]2025Q26.4%chart11.8%2024Q4Unemployment rate [+]
Unemployed [+]2025Q223Kchart93K2024Q4Unemployed [+]
NMW [+]2025$3,066.1chart$388.92023NMW [+]
NMW [+]2025€2,704.0chart€541.02025NMW [+]
Average Wage [+]2024$80,416
Average Wage [+]2024€74,296
Human Capital Ranking [+]201730ºchart67º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]11/14/20250.8585
Stock ExchangeYTD % [+]11/13/202527.05%chart0.97%11/14/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]October 20252.8%
HICP [+]October 20253.0%chart3.3%September 2025HICP [+]
PPI Year on Year [+]September 2025-4.4%chart5.6%September 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202072ºchart17º2020Doing Business [+]
IPI Year on Year [+]September 2025-3.4%chart2.7%September 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202489,727chart4,060December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202271.86chart2.24December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021775.27chart205.562015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202442.7%
Standard VAT [+]01/01/201517.00%chart18.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202247.2%chart10.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,013,000chart537,0002022Annual arrivals [+]
Exports [+]2024€15,034.3Mchart€7,783.5M2024Exports [+]
Exports [+]2024$16,219.3Mchart$8,424.7M2024Exports [+]
Exports % GDP [+]202417.39%chart49.67%2024Exports % GDP [+]
Imports [+]2024€24,135.5Mchart€11,065.7M2024Imports [+]
Imports [+]2024$25,355.0Mchart$11,977.3M2024Imports [+]
Imports % GDP [+]202427.18%chart70.61%2024Imports % GDP [+]
Trade balance [+]2024€-9,101.2Mchart€-3,282.2M2024Trade balance [+]
Trade balance [+]2024$-9,135.7Mchart$-3,552.6M2024Trade balance [+]
Trade balance % GDP [+]2024-9.79%chart-20.94%2024Trade balance % GDP [+]
Retail Sales YoY [+]September 20252.5%chart-0.1%September 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201519º
Density [+]2024263chart712024Density [+]
Global Peace Ranking [+]2023-1ºchart38º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.00‰chart1.00‰2021Crude divorce rate [+]
Remittance received ($M) [+]20171,746.1chart314.02017Remittance received ($M) [+]
% Immigrant [+]202046.96%chart6.35%2020% Immigrant [+]
% Emigrant [+]202012.88%chart33.54%2020% Emigrant [+]
Birth Rate [+]20249.50‰chart8.80‰2024Birth Rate [+]
Remittance sent ($M) [+]20171,321.5chart128.22017Remittance sent ($M) [+]
Crude death rate [+]20246.60‰chart11.10‰2024Crude death rate [+]
Fertility Rate [+]20231.25chart1.492023Fertility Rate [+]
Crude marriage rate [+]20233.80‰chart6.80‰2021Crude marriage rate [+]
% risk of poverty [+]202418.1%chart22.2%2023% risk of poverty [+]
Population [+]2024681,973chart1,822,6122024Population [+]
Immigrant stock [+]2020298,062chart131,3112020Immigrant stock [+]
Emigrant stock [+]202081,757chart693,8962020Emigrant stock [+]
HDI [+]20220.927chart0.7652022HDI [+]
Gender Gap Ranking [+]202446ºchart58º2024Gender Gap Ranking [+]
Life expectancy [+]202483.50chart75.322023Life expectancy [+]
Suicides [+]202348chart1222010Suicides [+]
Suicide rate [+]20237.00chart5.902010Suicide rate [+]
Number of homicides [+]202210chart282023Number of homicides [+]
Rate Homicides per 100.000 [+]20221.53chart1.532023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202311.18chart4.192023CO2 Tons per capita [+]
Consumption GWh [+]20235,862chart5,3642023Consumption GWh [+]
Generation GWh [+]2023801chart6,2062023Generation GWh [+]
Others
COVID-19 - Deaths [+]09/28/20251,000chart9,99109/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]09/28/2025399,262chart352,09309/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]06/11/2023462,702chart838,18105/07/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]09/28/20251,466.33chart5,481.6909/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]03/25/20231,374,547chart1,862,98705/07/2023Doses administered [+]
Luxembourg
North Macedonia