North Macedonia Republic of Macedonia

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North Macedonia, is a country located at Southern Europe, it has an area of 25,710 Km2 and it may be considered quite a small country.

North Macedonia, with a population of 1,836,713 people, it is one of the least populous country in the world and it has a moderate population density, 71 people per km2.

It's capital is Skopje and its currency is Macedonian denars

North Macedonia is holding the 130 position by nominal GDP. Its national debt in 2021 was 6,243 millions of euros (7,389 millions of dollars), ( 53.2% debt-to-GDP ratio) and its public debt per capita is €3,399 euros per inhabitant$4,023 dollars per inhabitant.

In terms of the human development index (HDI) of North Macedonia, which is the index used by the United Nations to measure the progress of a country, was 0.77 points in 2021, leaving it in 78th place in the table of 191 countries published.

If the reason to visit North Macedonia are business, you must know it's in the 17th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of North Macedonia, if you want to see information about other countries click here

Skopje: Monthly Temp.
Skopje: Monthly Rainfall
North Macedonia Economy
Qu. GDP Per Capita [+]2021Q41,678K
Annual GDP [+]2022€12,898M
Annual GDP [+]2022$13,581M
GDP per capita [+]2022€7,022
GDP per capita [+]2022$7,394
Quarterly GDP [+]2021Q4€3,081M
Debt (M.€.) [+]20216,243
Debt ($M) [+]20217,389
Debt (%GDP) [+]202153.20%
Debt Per Capita [+]2021€3,399
Debt Per Capita [+]2021$4,023
Deficit (M.€) [+]2021-629
Deficit ($M) [+]2021-745
Deficit (%GDP) [+]2021-5.36%
Expenditure (M.€) [+]20214,174.8
Expenditure ($M) [+]20214,940.9
Education Expenditure (M.€) [+]2002139.9
Education Expenditure ($M) [+]2002131.7
Education Expenditure (%Bud.) [+]20028.64%
Gov. Health Exp. (M.€) [+]2017409.9
Gov. Health Exp.($M) [+]2017462.9
Gov. Health Exp. (%Bud.) [+]201712.82%
Defence Expenditure (M.€) [+]2021180.1
Defence Expenditure ($M) [+]2021214.0
Defence Expenditure (%Bud.) [+]20214.34%
Expenditure (%GDP) [+]202135.57%
Expenditure Per Capita [+]2021€2,273
Expenditure Per Capita [+]2021$2,690
Education Expenditure P.C [+]2002€69
Education Expenditure P.C [+]2002$65
Gov. Health Exp. P.C. [+]2017€196
Gov. Health Exp. P.C. [+]2017$221
Defence Expenditure P.C. [+]2021€87
Defence Expenditure P.C. [+]2021$103
S&P Rating [+]05/24/2013BB-
Fitch Rating [+]05/15/2020BB+
Corruption Index [+]202240
Competitiveness Ranking [+]201982º
Fragile States Index [+]201864.8
RTI Raking [+]09/28/201821º
Innovation Ranking [+]201884º
Unemployment rate [+]2021Q415.3%
Unemployed [+]2021Q4143K
NMW [+]2021$425.1
NMW [+]2021€353.0
Human Capital Ranking [+]201767º
Stock ExchangeYTD % [+]03/28/20233.31%
HICP [+]February 202315.4%
PPI Year on Year [+]January 202314.4%
Doing Business [+]202017º
IPI Year on Year [+]January 2023-2.3%
Passengers vehicles Year [+]December 20194,060
Annual Vehicles/ 1,000 p. [+]December 20192.24
Vehicles / 1,000 people [+]2015205.56
Standard VAT [+]01/01/200618.00%
Top tax rate + SSC [+]202010.0%
Annual arrivals [+]2019757,593
Exports [+]2022€8,299.7M
Exports [+]2022$8,739.6M
Exports % GDP [+]202264.35%
Imports [+]2022€12,125.6M
Imports [+]2022$12,768.3M
Imports % GDP [+]202294.01%
Trade balance [+]2022€-3,825.9M
Trade balance [+]2022$-4,028.7M
Trade balance % GDP [+]2022-29.66%
Retail Sales YoY [+]January 20235.8%
Density [+]202171
Global Peace Ranking [+]202236º
Crude divorce rate [+]20200.80‰
Remittance received ($M) [+]2017314.0
% Immigrant [+]20196.32%
% Emigrant [+]201931.70%
Birth Rate [+]20219.50‰
Remittance sent ($M) [+]2017128.2
Crude death rate [+]202114.60‰
Fertility Rate [+]20211.44
Crude marriage rate [+]20205.00‰
% risk of poverty [+]202021.8%
Population [+]20211,836,713
Immigrant stock [+]2019131,175
Emigrant stock [+]2019658,264
HDI [+]20210.770
Gender Gap Ranking [+]202269º
Life expectancy [+]202173.20
Suicides [+]2010122
Suicide rate [+]20105.90
Number of homicides [+]201924
Rate Homicides per 100.000 [+]20191.15
Energy and Environment
CO2 Tons per capita [+]20213.59
Consumption GWh [+]20216,732
Generation GWh [+]20215,235
COVID-19 - Deaths [+]03/21/20239,665
COVID-19 - Confirmed [+]03/21/2023347,327
Fully vaccinated [+]01/08/2023838,085
COVID-19 - Deaths per million population [+]03/21/20235,262.12
Doses administered [+]01/08/20231,862,732