Country comparison North Macedonia vs Palau

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Gouvernement
GDP Growth (%) [+]20243.0%chart1.4%2023GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q32,369K
Annual GDP [+]2024€15,672Mchart€254M2023Annual GDP [+]
Annual GDP [+]2024$16,679Mchart$275M2023Annual GDP [+]
GDP per capita [+]2024€8,590chart€14,4452023GDP per capita [+]
GDP per capita [+]2024$9,169chart$15,6232023GDP per capita [+]
Quarterly GDP [+]2025Q3€4,318M
Debt (M.€.) [+]20248,452chart1952023Debt (M.€.) [+]
Debt ($M) [+]20249,146chart2112023Debt ($M) [+]
Debt (%GDP) [+]202454.83%chart76.77%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€4,637chart€10,8382023Debt Per Capita [+]
Debt Per Capita [+]2024$5,018chart$11,7222023Debt Per Capita [+]
Deficit (M.€) [+]2024-685chart32023Deficit (M.€) [+]
Deficit ($M) [+]2024-742chart32023Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.45%chart1.02%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]20245,661.1chart126.72023Expenditure (M.€) [+]
Expenditure ($M) [+]20246,125.6chart137.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]2002139.9chart9.02023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2002132.6chart9.72023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20028.64%chart9.77%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023623.6chart16.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023674.3chart18.22023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202312.05%chart13.26%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024329.7
Defence Expenditure ($M) [+]2024350.8
Defence Expenditure (%Bud.) [+]20245.55%
Expenditure (%GDP) [+]202436.73%chart49.84%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€3,106chart€7,0372023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$3,361chart$7,6112023Expenditure Per Capita [+]
Education Expenditure P.C [+]2002€69chart€5092023Education Expenditure P.C [+]
Education Expenditure P.C [+]2002$65chart$5512023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€340chart€9482023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$368chart$1,0252023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€181
Defence Expenditure P.C. [+]2024$193
S&P Rating [+]05/24/2013BB-
Fitch Rating [+]05/15/2020BB+
Corruption Index [+]202342
Competitiveness Ranking [+]201982º
Fragile States Index [+]202458.1
RTI Raking [+]202426ºchart140º2024RTI Raking [+]
Innovation Ranking [+]202458º
Labour
Unemployment Rate [+]November 202511.2%
Unemployment rate [+]2025Q311.5%
Unemployed [+]2025Q392K
NMW [+]2023$388.9chart$883.02024NMW [+]
NMW [+]2025€541.0chart€799.12024NMW [+]
Human Capital Ranking [+]201767º
Markets
Stock ExchangeYTD % [+]01/14/20261.88%
Prices
HICP [+]November 20253.6%
PPI Year on Year [+]November 20254.6%
Business
Doing Business [+]202017ºchart145º2020Doing Business [+]
IPI Year on Year [+]November 2025-2.8%
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%
Top tax rate + SSC [+]202010.0%
Trade
Annual arrivals [+]2022537,000chart18,4002020Annual arrivals [+]
Exports [+]2024€7,783.5Mchart€1.7M2023Exports [+]
Exports [+]2024$8,424.7Mchart$1.9M2023Exports [+]
Exports % GDP [+]202449.67%chart0.68%2023Exports % GDP [+]
Imports [+]2024€11,065.7Mchart€224.0M2023Imports [+]
Imports [+]2024$11,977.3Mchart$242.2M2023Imports [+]
Imports % GDP [+]202470.61%chart88.09%2023Imports % GDP [+]
Trade balance [+]2024€-3,282.2Mchart€-222.2M2023Trade balance [+]
Trade balance [+]2024$-3,552.6Mchart$-240.4M2023Trade balance [+]
Trade balance % GDP [+]2024-20.94%chart-87.41%2023Trade balance % GDP [+]
Retail Sales YoY [+]October 20253.0%
Socio-Demography
Density [+]202471chart392024Density [+]
Global Peace Ranking [+]202438º
Crude divorce rate [+]20211.00‰
Remittance received ($M) [+]2017314.0chart2.42017Remittance received ($M) [+]
% Immigrant [+]20206.35%chart28.27%2020% Immigrant [+]
% Emigrant [+]202033.54%chart14.76%2020% Emigrant [+]
Birth Rate [+]20248.80‰chart10.90‰2023Birth Rate [+]
Remittance sent ($M) [+]2017128.2chart18.12017Remittance sent ($M) [+]
Crude death rate [+]202411.10‰chart11.50‰2023Crude death rate [+]
Fertility Rate [+]20231.49chart1.912023Fertility Rate [+]
Crude marriage rate [+]20216.80‰
% risk of poverty [+]202322.2%chart24.9%2006% risk of poverty [+]
Population [+]20241,822,612chart18,0002024Population [+]
Immigrant stock [+]2020131,311chart5,0882020Immigrant stock [+]
Emigrant stock [+]2020693,896chart2,6562020Emigrant stock [+]
HDI [+]20220.765chart0.7972022HDI [+]
Gender Gap Ranking [+]202458º
Life expectancy [+]202375.32chart69.272023Life expectancy [+]
Suicides [+]2010122
Suicide rate [+]20105.90
Number of homicides [+]202328chart22018Number of homicides [+]
Rate Homicides per 100.000 [+]20231.53chart11.232018Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20234.19chart62.592023CO2 Tons per capita [+]
Consumption GWh [+]20235,364
Generation GWh [+]20236,206
Others
COVID-19 - Deaths [+]12/21/20259,991chart1012/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/2025352,093chart6,37212/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]05/07/2023838,181
COVID-19 - Deaths per million population [+]12/21/20255,481.69chart555.5612/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]05/07/20231,862,987chart31,93111/04/2021Doses administered [+]
North Macedonia
Palau
  • Capital: Ngerulmud
  • Population: 18,000
  • Surface Area: 460 km2
  • Currency: United States dollars
  • Religion: Mostly Christianity
  • Belongs to: ACP, IMF, UN, PIF