Country comparison North Macedonia vs Montenegro

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Gouvernement
GDP Growth (%) [+]20243.0%chart3.2%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q32,369Kchart3,333K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€15,672Mchart€7,645M2024Annual GDP [+]
Annual GDP [+]2024$16,679Mchart$8,272M2024Annual GDP [+]
GDP per capita [+]2024€8,590chart€12,2602024GDP per capita [+]
GDP per capita [+]2024$9,169chart$13,2592024GDP per capita [+]
Quarterly GDP [+]2025Q3€4,318Mchart€2,077M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]20248,452chart4,6452024Debt (M.€.) [+]
Debt ($M) [+]20249,146chart5,0262024Debt ($M) [+]
Debt (%GDP) [+]202454.83%chart60.76%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€4,637chart€7,4522024Debt Per Capita [+]
Debt Per Capita [+]2024$5,018chart$8,0632024Debt Per Capita [+]
Deficit (M.€) [+]2024-685chart-2152024Deficit (M.€) [+]
Deficit ($M) [+]2024-742chart-2332024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.45%chart-2.81%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20245,661.1chart3,324.02024Expenditure (M.€) [+]
Expenditure ($M) [+]20246,125.6chart3,596.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2002139.9
Education Expenditure ($M) [+]2002132.6
Education Expenditure (%Bud.) [+]20028.64%
Gov. Health Exp. (M.€) [+]2023623.6chart466.22023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023674.3chart504.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202312.05%chart16.60%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024329.7chart140.12024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024350.8chart151.62024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20245.55%chart4.19%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202436.73%chart43.48%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€3,106chart€5,3332024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$3,361chart$5,7702024Expenditure Per Capita [+]
Education Expenditure P.C [+]2002€69
Education Expenditure P.C [+]2002$65
Gov. Health Exp. P.C. [+]2023€340chart€7362023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$368chart$7962023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€181chart€2252024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$193chart$2432024Defence Expenditure P.C. [+]
Ba309/27/2024Moody's Rating [+]
S&P Rating [+]05/24/2013BB-B+08/30/2024S&P Rating [+]
Fitch Rating [+]05/15/2020BB+
Corruption Index [+]202342chart462023Corruption Index [+]
Competitiveness Ranking [+]201982ºchart73º2019Competitiveness Ranking [+]
Fragile States Index [+]202458.1chart56.92024Fragile States Index [+]
RTI Raking [+]202426ºchart61º2024RTI Raking [+]
Innovation Ranking [+]202458ºchart65º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 202511.0%
Unemployment rate [+]2025Q311.5%chart12.2%2023Q4Unemployment rate [+]
Unemployed [+]2025Q392Kchart39K2023Q4Unemployed [+]
NMW [+]2023$388.9chart$787.32026NMW [+]
NMW [+]2026€586.0chart€670.02026NMW [+]
Human Capital Ranking [+]201767º
Markets
0.842202/12/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/12/20261.08%chart-0.30%02/12/2026Stock ExchangeYTD % [+]
Prices
HICP [+]December 20253.6%chart3.7%December 2025HICP [+]
PPI Year on Year [+]December 20255.0%chart0.5%December 2025PPI Year on Year [+]
Money Market
2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202017ºchart50º2020Doing Business [+]
IPI Year on Year [+]December 20252.4%chart-4.7%December 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 20194,060
Annual Vehicles/ 1,000 p. [+]December 20192.24
Vehicles / 1,000 people [+]2015205.56
Taxes
Standard VAT [+]01/01/200618.00%chart21.00%01/01/2019Standard VAT [+]
Top tax rate + SSC [+]202010.0%chart9.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2022537,000chart2,036,0002022Annual arrivals [+]
Exports [+]2024€7,783.5Mchart€614.9M2024Exports [+]
Exports [+]2024$8,424.7Mchart$665.6M2024Exports [+]
Exports % GDP [+]202449.67%chart8.04%2024Exports % GDP [+]
Imports [+]2024€11,065.7Mchart€4,068.0M2024Imports [+]
Imports [+]2024$11,977.3Mchart$4,403.1M2024Imports [+]
Imports % GDP [+]202470.61%chart53.21%2024Imports % GDP [+]
Trade balance [+]2024€-3,282.2Mchart€-3,453.1M2024Trade balance [+]
Trade balance [+]2024$-3,552.6Mchart$-3,737.6M2024Trade balance [+]
Trade balance % GDP [+]2024-20.94%chart-45.17%2024Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.2%chart-2.1%November 2025Retail Sales YoY [+]
Socio-Demography
68º2015Global AgeWatch Ranking [+]
Density [+]202471chart452024Density [+]
Global Peace Ranking [+]202438ºchart35º2024Global Peace Ranking [+]
Crude divorce rate [+]20211.00‰chart1.20‰2021Crude divorce rate [+]
Remittance received ($M) [+]2017314.0chart426.32017Remittance received ($M) [+]
% Immigrant [+]20206.35%chart11.44%2020% Immigrant [+]
% Emigrant [+]202033.54%chart21.42%2020% Emigrant [+]
Birth Rate [+]20248.80‰chart11.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017128.2chart75.62017Remittance sent ($M) [+]
Crude death rate [+]202411.10‰chart10.20‰2024Crude death rate [+]
Fertility Rate [+]20241.44chart1.762023Fertility Rate [+]
Crude marriage rate [+]20216.80‰chart5.20‰2021Crude marriage rate [+]
% risk of poverty [+]202322.2%chart20.3%2022% risk of poverty [+]
Population [+]20241,822,612chart623,3272024Population [+]
Immigrant stock [+]2020131,311chart70,9992020Immigrant stock [+]
Emigrant stock [+]2020693,896chart132,9652020Emigrant stock [+]
HDI [+]20220.765chart0.8442022HDI [+]
Gender Gap Ranking [+]202458ºchart67º2024Gender Gap Ranking [+]
Life expectancy [+]202375.32chart77.602023Life expectancy [+]
Suicides [+]2010122chart692015Suicides [+]
Suicide rate [+]20105.90chart11.072015Suicide rate [+]
Number of homicides [+]202328chart52023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.53chart0.792023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20234.19
Consumption GWh [+]20235,364chart2,7192023Consumption GWh [+]
Generation GWh [+]20236,206chart4,1872023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20269,991chart2,65401/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026352,093chart251,28001/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]05/07/2023838,181chart284,86908/26/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20265,481.69chart4,257.8001/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]05/07/20231,862,987chart679,17108/26/2022Doses administered [+]
North Macedonia
Montenegro