Logo

Republic of Macedonia  

Republic of 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.

Republic of Macedonia, with a population of 2,075,301 people, it is one of the least populous country in the world ant it has a moderate population density, 81 people per km2.

The capital is Skopje and its currency is Macedonian denars

Republic of Macedonia is holding the 135 position by nominal GDP. Its national debt in 2017 was 3,947 millions of euros5,006 millions of dollars, ( 39.52% debt-to-GDP ratio) and its public debt per capita is 2,044€ euros per inhabitant2,412$ dollars per inhabitant.

In terms of the human development index (HDI) of Republic of Macedonia, which is the index used by the United Nations to measure the progress of a country, was 0.757 points in 2017, leaving it in 82th place in the table of 189 countries published.

If the reason to visit Republic of 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 Republic of Macedonia, if you want to see information about other countries click here

Skopje: Monthly Temp.
Skopje: Monthly Rainfall
Republic of Macedonia Economy
Gouvernement
Annual GDP [+]201810,735M.€
Annual GDP [+]201812,669M.$
GDP per capita [+]20185,173€
GDP per capita [+]20186,105$
Debt [+]20173,947
Debt [+]20185,006
Debt (%GDP) [+]201839.52%
Debt Per Capita [+]20182,044€
Debt Per Capita [+]20182,412$
Deficit (M.€) [+]2017-274
Deficit (M.$) [+]2018-223
Deficit (%GDP) [+]2018-1.76%
Expenditure (M.€) [+]20173,188.5
Expenditure (M.$) [+]20183,838.7
Education Expenditure (M.€) [+]2002139.9
Education Expenditure (M.$) [+]2002131.7
Education Expenditure (%Bud.) [+]20028.64%
Gov. Health Exp. (M.€) [+]2016389.4
Gov. Health Exp.(M.$) [+]2016430.9
Gov. Health Exp. (%Bud.) [+]201613.05%
Defence Expenditure (M.€) [+]201798.4
Defence Expenditure (M.$) [+]2017111.1
Defence Expenditure (%Bud.) [+]20173.05%
Expenditure (%GDP) [+]201830.30%
Expenditure Per Capita [+]20171,536€
Expenditure Per Capita [+]20181,850$
Education Expenditure P.C [+]200269€
Education Expenditure P.C [+]200265$
Gov. Health Exp. P.C. [+]2016188€
Gov. Health Exp. P.C. [+]2016208$
Defence Expenditure P.C. [+]201747€
Defence Expenditure P.C. [+]201754$
S&P Rating [+]05/24/2013BB-
Fitch Rating [+]01/18/2019BB
Corruption Index [+]201837
Competitiveness Ranking [+]201884º
Fragile States Index [+]201864.8
RTI Raking [+]09/28/201821º
Innovation Ranking [+]201884º
Labour
Unemployment rate [+]2018Q419.4%
Unemployed [+]2018Q4186 m.
NMW [+]2017239.7 €
Human Capital Ranking [+]201767º
Markets
Stock ExchangeYTD % [+]11/13/20180%
Prices
HICP [+]May 20191.6%
PPI Year on Year [+]April 20191.2%
Business
Doing Business [+]201910º
IPI Year on Year [+]April 20195.5%
Passengers vehicles Year [+]December 20173,371
Annual Vehicles/ 1,000 p. [+]December 20171.86
Vehicles / 1,000 people [+]2015205.56
Taxes
Standard VAT [+]01/01/200618.00%
Top tax rate + SSC [+]201810.0%
Trade
Exports [+]20185,861.0 M.€
Exports [+]20175,671.5 M.$
Exports % GDP [+]201854.60%
Imports [+]20187,672.0 M.€
Imports [+]20177,719.9 M.$
Imports % GDP [+]201871.47%
Trade balance [+]2018-1,811.0 M.€
Trade balance [+]2017-2,048.4 M.$
Trade balance % GDP [+]2018-16.87%
Retail Sales YoY [+]March 20196.9%
Socio-Demography
Density [+]201781
Global Peace Ranking [+]201887º
Crude divorce rate [+]20171.00‰
Remittance received (M.$) [+]2017314.0
% Immigrant [+]20176.31%
% Emigrant [+]201725.77%
Birth Rate [+]201710.50‰
Remittance sent (M.$) [+]2017128.2
Crude death rate [+]20179.80‰
Fertility Rate [+]20171.43
Rate Homicides per 100.000 [+]20141.59
Crude marriage rate [+]20176.60‰
% risk of poverty [+]201521.5%
Population [+]20172,075,301
Immigrant stock [+]2017130,972
Emigrant stock [+]2017534,720
HDI [+]20170.757
Gender Gap Ranking [+]201866º
Life expectancy [+]201776.00
Number of homicides [+]201433
Energy and Environment
CO2 Tons per capita [+]20173.86