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 2,076,255 people, it is one of the least populous country in the world and it has a moderate population density, 81 people per km2.

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

North Macedonia is holding the 141 position by nominal GDP. Its national debt in 2020 was 5,518 millions of euros (6,303 millions of dollars), ( 51.25% debt-to-GDP ratio) and its public debt per capita is 2,658€ euros per inhabitant3,036$ 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 0.774 points in 2019, leaving it in 82th place in the table of 189 countries published.

If the reason to visit North Macedonia are business, you must know it's in the 10th 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
Gouvernement
Annual GDP [+]202010,766M.€
Annual GDP [+]202012,288M.$
GDP per capita [+]20205,185€
GDP per capita [+]20205,918$
Debt (M.€.) [+]20205,518
Debt (M.$.) [+]20206,303
Debt (%GDP) [+]202051.25%
Debt Per Capita [+]20202,658€
Debt Per Capita [+]20203,036$
Deficit (M.€) [+]2020-873
Deficit (M.$) [+]2020-998
Deficit (%GDP) [+]2020-8.11%
Expenditure (M.€) [+]20203,950.5
Expenditure (M.$) [+]20204,512.3
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.€) [+]2019139.5
Defence Expenditure (M.$) [+]2019156.2
Defence Expenditure (%Bud.) [+]20193.71%
Expenditure (%GDP) [+]202036.69%
Expenditure Per Capita [+]20201,903€
Expenditure Per Capita [+]20202,173$
Education Expenditure P.C [+]200269€
Education Expenditure P.C [+]200265$
Gov. Health Exp. P.C. [+]2017196€
Gov. Health Exp. P.C. [+]2017221$
Defence Expenditure P.C. [+]201967€
Defence Expenditure P.C. [+]201975$
S&P Rating [+]05/24/2013BB-
Fitch Rating [+]05/15/2020BB+
Corruption Index [+]201837
Competitiveness Ranking [+]201982º
Fragile States Index [+]201864.8
RTI Raking [+]09/28/201821º
Innovation Ranking [+]201884º
Labour
Unemployment rate [+]2020Q416.2%
Unemployed [+]2020Q4152 m.
NMW [+]2018333.4 $
NMW [+]2018282.5 €
Human Capital Ranking [+]201767º
Markets
Stock ExchangeYTD % [+]11/13/20180%
Prices
HICP [+]March 20212.7%
PPI Year on Year [+]March 20215.1%
Business
Doing Business [+]201910º
IPI Year on Year [+]March 20217.7%
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 [+]2019757,593
Exports [+]20205,777.9 M.€
Exports [+]20206,634.8 M.$
Exports % GDP [+]202053.67%
Imports [+]20207,594.5 M.€
Imports [+]20208,709.5 M.$
Imports % GDP [+]202070.54%
Trade balance [+]2020-1,816.7 M.€
Trade balance [+]2020-2,074.7 M.$
Trade balance % GDP [+]2020-16.87%
Retail Sales YoY [+]February 20211.4%
Socio-Demography
Density [+]201981
Global Peace Ranking [+]202062º
Crude divorce rate [+]20191.00‰
Remittance received (M.$) [+]2017314.0
% Immigrant [+]20196.32%
% Emigrant [+]201931.70%
Birth Rate [+]20199.60‰
Remittance sent (M.$) [+]2017128.2
Crude death rate [+]20199.80‰
Fertility Rate [+]20191.34
Crude marriage rate [+]20196.70‰
% risk of poverty [+]201521.5%
Population [+]20192,076,255
Immigrant stock [+]2019131,175
Emigrant stock [+]2019658,264
HDI [+]20190.774
Gender Gap Ranking [+]202070º
Life expectancy [+]201976.60
Suicides [+]2010122
Suicide rate [+]20105.90
Number of homicides [+]201825
Rate Homicides per 100.000 [+]20181.20
Energy and Environment
CO2 Tons per capita [+]20194.28
Consumption GWh [+]20197,024
Generation GWh [+]20195,587
Others
COVID-19 - Deaths [+]05/12/20215,151
COVID-19 - Confirmed [+]05/12/2021154,372
Fully vaccinated [+]05/13/202124,851
COVID-19 - Deaths per million population [+]05/12/20212,480.91
Doses administered [+]05/13/2021160,425