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 1,822,612 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 134 position by nominal GDP. Its national debt in 2024 was 8,452 millions of euros (9,146 millions of dollars), ( 54.83% debt-to-GDP ratio) and its public debt per capita is €4,637 euros per inhabitant$5,018 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 0.765 points in 2022, leaving it in 84th place in the table of 193 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
Gouvernement
GDP Growth (%) [+]20253.5%
Qu. GDP Per Capita [+]2025Q32,369K
Annual GDP [+]2025€16,949M
Annual GDP [+]2024$16,679M
GDP per capita [+]2024€8,590
GDP per capita [+]2024$9,169
Quarterly GDP [+]2025Q4€4,394M
Debt (M.€.) [+]20248,452
Debt ($M) [+]20249,146
Debt (%GDP) [+]202454.83%
Debt Per Capita [+]2024€4,637
Debt Per Capita [+]2024$5,018
Deficit (M.€) [+]2024-685
Deficit ($M) [+]2024-742
Deficit (%GDP) [+]2024-4.45%
Expenditure (M.€) [+]20245,661.1
Expenditure ($M) [+]20246,125.6
Education Expenditure (M.€) [+]2002139.9
Education Expenditure ($M) [+]2002132.6
Education Expenditure (%Bud.) [+]20028.64%
Gov. Health Exp. (M.€) [+]2023623.6
Gov. Health Exp.($M) [+]2023674.3
Gov. Health Exp. (%Bud.) [+]202312.05%
Defence Expenditure (M.€) [+]2024329.7
Defence Expenditure ($M) [+]2024350.8
Defence Expenditure (%Bud.) [+]20245.55%
Expenditure (%GDP) [+]202436.73%
Expenditure Per Capita [+]2024€3,106
Expenditure Per Capita [+]2024$3,361
Education Expenditure P.C [+]2002€69
Education Expenditure P.C [+]2002$65
Gov. Health Exp. P.C. [+]2023€340
Gov. Health Exp. P.C. [+]2023$368
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 [+]202426º
Innovation Ranking [+]202458º
Labour
Unemployment Rate [+]January 202610.8%
Unemployment rate [+]2025Q311.5%
Unemployed [+]2025Q392K
NMW [+]2023$388.9
NMW [+]2026€586.0
Human Capital Ranking [+]201767º
Markets
Stock ExchangeYTD % [+]03/11/2026-1.04%
Prices
HICP [+]December 20253.6%
PPI Year on Year [+]January 20264.5%
Business
Doing Business [+]202017º
IPI Year on Year [+]January 2026-6.7%
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 [+]2022537,000
Exports [+]2025€8,008.2M
Exports [+]2025$9,049.1M
Exports % GDP [+]202449.67%
Imports [+]2025€11,545.5M
Imports [+]2025$13,046.2M
Imports % GDP [+]202470.61%
Trade balance [+]2025€-3,537.3M
Trade balance [+]2025$-3,997.1M
Trade balance % GDP [+]2024-20.94%
Retail Sales YoY [+]December 20251.2%
Socio-Demography
Density [+]202471
Global Peace Ranking [+]202438º
Crude divorce rate [+]20211.00‰
Remittance received ($M) [+]2017314.0
% Immigrant [+]20206.35%
% Emigrant [+]202033.54%
Birth Rate [+]20248.80‰
Remittance sent ($M) [+]2017128.2
Crude death rate [+]202411.10‰
Fertility Rate [+]20241.44
Crude marriage rate [+]20216.80‰
% risk of poverty [+]202322.2%
Population [+]20241,822,612
Immigrant stock [+]2020131,311
Emigrant stock [+]2020693,896
HDI [+]20220.765
Gender Gap Ranking [+]202458º
Life expectancy [+]202375.32
Suicides [+]2010122
Suicide rate [+]20105.90
Number of homicides [+]202328
Rate Homicides per 100.000 [+]20231.53
Energy and Environment
CO2 Tons per capita [+]20234.19
Consumption GWh [+]20246,082
Generation GWh [+]20246,169
Others
COVID-19 - Deaths [+]02/08/20269,991
COVID-19 - Confirmed [+]02/08/2026352,093
Fully vaccinated [+]05/07/2023838,181
COVID-19 - Deaths per million population [+]02/08/20265,481.69
Doses administered [+]05/07/20231,862,987