Country comparison Serbia vs North Macedonia

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Gouvernement
GDP Growth (%) [+]20243.9%chart3.0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q33,411Kchart2,369K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€83,258Mchart€15,672M2024Annual GDP [+]
Annual GDP [+]2024$89,074Mchart$16,679M2024Annual GDP [+]
GDP per capita [+]2024€12,640chart€8,5902024GDP per capita [+]
GDP per capita [+]2024$13,545chart$9,1692024GDP per capita [+]
Quarterly GDP [+]2025Q3€22,401Mchart€4,318M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202436,615chart8,4522024Debt (M.€.) [+]
Debt ($M) [+]202439,619chart9,1462024Debt ($M) [+]
Debt (%GDP) [+]202444.48%chart54.83%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€5,575chart€4,6372024Debt Per Capita [+]
Debt Per Capita [+]2024$6,032chart$5,0182024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,443chart-6852024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,562chart-7422024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.75%chart-4.45%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202435,126.5chart5,661.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202438,008.9chart6,125.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20232,559.8chart139.92002Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,768.7chart132.62002Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20238.38%chart8.64%2002Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20233,958.9chart623.62023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20234,282.0chart674.32023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202312.97%chart12.05%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20242,160.7chart329.72024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20242,311.6chart350.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20246.05%chart5.55%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202442.67%chart36.73%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€5,348chart€3,1062024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$5,787chart$3,3612024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€386chart€692002Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$418chart$652002Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€596chart€3402023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$645chart$3682023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€328chart€1812024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$352chart$1932024Defence Expenditure P.C. [+]
S&P Rating [+]10/04/2024BBB-BB-05/24/2013S&P Rating [+]
Fitch Rating [+]03/27/2020BB+BB+05/15/2020Fitch Rating [+]
Corruption Index [+]202336chart422023Corruption Index [+]
Competitiveness Ranking [+]201972ºchart82º2019Competitiveness Ranking [+]
Fragile States Index [+]202467.8chart58.12024Fragile States Index [+]
RTI Raking [+]20243ºchart26º2024RTI Raking [+]
Innovation Ranking [+]202452ºchart58º2024Innovation Ranking [+]
Labour
10.8%January 2026Unemployment Rate [+]
Unemployment rate [+]2025Q38.2%chart11.5%2025Q3Unemployment rate [+]
Unemployed [+]2025Q3257Kchart92K2025Q3Unemployed [+]
NMW [+]2026$875.8chart$388.92023NMW [+]
NMW [+]2026€744.0chart€586.02026NMW [+]
Human Capital Ranking [+]201760ºchart67º2017Human Capital Ranking [+]
Markets
Euro / Serbian dinars [+]03/06/2026117.3854
US Dollar exchange rate [+]03/06/2026101.1246
Stock ExchangeYTD % [+]03/06/2026-3.30%chart-0.55%03/06/2026Stock ExchangeYTD % [+]
Prices
HICP [+]December 20253.1%chart3.6%December 2025HICP [+]
PPI Year on Year [+]January 20260.2%chart4.5%January 2026PPI Year on Year [+]
Money Market
Key rates [+]09/12/20245.75%
Business
Doing Business [+]202044ºchart17º2020Doing Business [+]
IPI Year on Year [+]January 2026-7.3%chart2.4%December 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 201925,514chart4,060December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20194.22chart2.24December 2019Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20224,498
Vehicles / 1,000 people [+]2020353.73chart205.562015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]201638.4%
Standard VAT [+]01/01/201220.00%chart18.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202010.0%chart10.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,773,000chart537,0002022Annual arrivals [+]
Exports [+]2025€31,398.3Mchart€8,008.2M2025Exports [+]
Exports [+]2025$35,479.5Mchart$9,049.1M2025Exports [+]
Exports % GDP [+]202434.76%chart49.67%2024Exports % GDP [+]
Imports [+]2025€40,059.7Mchart€11,545.5M2025Imports [+]
Imports [+]2025$45,266.7Mchart$13,046.2M2025Imports [+]
Imports % GDP [+]202445.76%chart70.61%2024Imports % GDP [+]
Trade balance [+]2025€-8,661.4Mchart€-3,537.3M2025Trade balance [+]
Trade balance [+]2025$-9,787.2Mchart$-3,997.1M2025Trade balance [+]
Trade balance % GDP [+]2024-11.00%chart-20.94%2024Trade balance % GDP [+]
Retail Sales YoY [+]January 20266.8%chart1.2%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201566º
Density [+]202477chart712024Density [+]
Global Peace Ranking [+]202454ºchart38º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.50‰chart1.00‰2021Crude divorce rate [+]
Remittance received ($M) [+]20173,588.0chart314.02017Remittance received ($M) [+]
% Immigrant [+]202011.98%chart6.35%2020% Immigrant [+]
% Emigrant [+]202014.61%chart33.54%2020% Emigrant [+]
Birth Rate [+]20249.20‰chart8.80‰2024Birth Rate [+]
Remittance sent ($M) [+]20171,374.5chart128.22017Remittance sent ($M) [+]
Crude death rate [+]202414.90‰chart11.10‰2024Crude death rate [+]
Fertility Rate [+]20241.64chart1.442024Fertility Rate [+]
Crude marriage rate [+]20234.80‰chart6.80‰2021Crude marriage rate [+]
% risk of poverty [+]202419.7%chart22.2%2023% risk of poverty [+]
Population [+]20246,567,783chart1,822,6122024Population [+]
Immigrant stock [+]2020823,011chart131,3112020Immigrant stock [+]
Emigrant stock [+]20201,003,962chart693,8962020Emigrant stock [+]
HDI [+]20220.805chart0.7652022HDI [+]
Gender Gap Ranking [+]202426ºchart58º2024Gender Gap Ranking [+]
Life expectancy [+]202376.20chart75.322023Life expectancy [+]
Suicides [+]2023668chart1222010Suicides [+]
Suicide rate [+]202310.11chart5.902010Suicide rate [+]
Number of homicides [+]202389chart282023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.31chart1.532023Rate Homicides per 100.000 [+]
Energy and Environment
4.192023CO2 Tons per capita [+]
Annual crude oil production [+]202412
Crude Oil Reserves [+]202177.5
Consumption GWh [+]202433,665chart6,0822024Consumption GWh [+]
Generation GWh [+]202436,993chart6,1692024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/202618,057chart9,99102/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/20262,568,004chart352,09302/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]06/23/20223,278,198chart838,18105/07/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/20262,749.33chart5,481.6902/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]06/23/20228,534,688chart1,862,98705/07/2023Doses administered [+]
Serbia
North Macedonia