Macedonia (Former Yugoslav Republic of Macedonia) Economic Statistics and Indicators

21, May 2018, EDT. Welcome to the Macedonia economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Macedonia (Former Yugoslav Republic of Macedonia) › Change country
National or Regional Currency: Macedonian Dinar, MKD
Year of data: 2015 › Change year
Number of Indicators Listed: 37
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 2,091,719 (July 2014 est.)
Area: total: 25,713 sq km ; land: 25,433 sq km ; water: 280 sq km
Natural Resources: low-grade iron ore, copper, lead, zinc, chromite, manganese, nickel, tungsten, gold, silver, asbestos, gypsum, timber, arable land
Capital: name: Skopje ; geographic coordinates: 42 00 N, 21 26 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

Since its independence in 1991, Macedonia has made significant progress in liberalizing its economy and improving its business environment, but has lagged the Balkan region in attracting foreign investment. Unemployment has remained consistently high at more than 30% since 2008, but may be overstated based on the existence of an extensive gray market, estimated to be between 20% and 45% of GDP, that is not captured by official statistics. Macedonia’s economy is closely linked to Europe as a customer for exports and source of investment, and has suffered as a result of prolonged weakness in the euro zone. Macedonia maintained macroeconomic stability through the global financial crisis by conducting prudent monetary policy, which keeps the domestic currency pegged against the euro, and by limiting fiscal deficits. The government has been loosening fiscal policy, however, and the budget deficit expanded to 4.2% of GDP in 2013. Macedonia achieved modest GDP growth in 2013 after a small contraction in 2012; inflation is under control.
More on the Macedonia Economy
More on the Macedonia Export, Import and Trade

Economic Indicator Listing
  For Macedonia in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 3.665 %
GDP (Current Prices, National Currency)MKD 550.88 Billion.
GDP (Current Prices, US Dollars)US$ 9.922 Billion
GDP Deflator 130.506 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)MKD 203,649.61 .
GDP Per Capita (Current Prices, National Currency)MKD 265,774.14 .
GDP Per Capita (Current Prices, US Dollars)US$ 4,786.84
GDP (PPP), US DollarsUS$ 29.037 Billion
GDP Per Capita (PPP), US DollarsUS$ 14,009.14
GDP Share of World Total (PPP) 0.026 %
Implied PPP Conversion Rate 18.971
Gross National Savings (% of GDP) 30.009 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 109.869 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) -0.249 %
Inflation, End of Year (Indexed to Year 2000) 109.71 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) -0.309 %
Import Volume of All Items Including Goods and Services (Percent Change) 2.396 %
Import Volumes of Goods Only (Percent Change) 2.457 %
Export Volume of All Items Including Goods and Services (Percent Change) 4.606 %
Export Volumes of Goods Only (Percent Change) 8.231 %
Unemployment Rate (% of Labour Force) 27.255 %
Population 2.073 Million
General government revenue (National Currency)MKD 161.967 Billions.
General government revenue (% of GDP) 29.401 %
General government total expenditure (National Currency)MKD 182.24 Billions.
General government total expenditure (% of GDP) 33.082 %
Total Government Net Lending/ Borrowing (National Currency)MKD -20.273 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -3.68 %
Fiscal Year Gross Domestic Product, Current PricesMKD 550.88 Billions.
Current Account Balance (US Dollars)US$ -0.141 Billion
Current Account Balance (% GDP) -1.424 %
Economic Indicators for Macedonia 2015

GDP (Constant Prices, National Currency) for Macedonia in year 2015 is MKD 422.112 Billion.

GDP Growth (Constant Prices, National Currency) for Macedonia in year 2015 is 3.665 %.

GDP (Current Prices, National Currency) for Macedonia in year 2015 is MKD 550.88 Billion.

GDP (Current Prices, US Dollars) for Macedonia in year 2015 is US$ 9.922 Billion.

GDP Deflator for Macedonia in year 2015 is 130.506 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Macedonia in year 2015 is MKD 203,649.61 .

GDP Per Capita (Current Prices, National Currency) for Macedonia in year 2015 is MKD 265,774.14 .

GDP Per Capita (Current Prices, US Dollars) for Macedonia in year 2015 is US$ 4,786.84 .

GDP (PPP), US Dollars for Macedonia in year 2015 is US$ 29.037 Billion.

GDP Per Capita (PPP), US Dollars for Macedonia in year 2015 is US$ 14,009.14 .

GDP Share of World Total (PPP) for Macedonia in year 2015 is 0.026 %.

Implied PPP Conversion Rate for Macedonia in year 2015 is 18.971 .

Gross National Savings (% of GDP) for Macedonia in year 2015 is 30.009 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Macedonia in year 2015 is 109.869 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Macedonia in year 2015 is -0.249 %.

Inflation, End of Year (Indexed to Year 2000) for Macedonia in year 2015 is 109.71 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Macedonia in year 2015 is -0.309 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Macedonia in year 2015 is 2.396 %.

Import Volumes of Goods Only (Percent Change) for Macedonia in year 2015 is 2.457 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Macedonia in year 2015 is 4.606 %.

Export Volumes of Goods Only (Percent Change) for Macedonia in year 2015 is 8.231 %.

Unemployment Rate (% of Labour Force) for Macedonia in year 2015 is 27.255 %.

Population for Macedonia in year 2015 is 2.073 Million .

General government revenue (National Currency) for Macedonia in year 2015 is MKD 161.967 Billions.

General government revenue (% of GDP) for Macedonia in year 2015 is 29.401 %.

General government total expenditure (National Currency) for Macedonia in year 2015 is MKD 182.24 Billions.

General government total expenditure (% of GDP) for Macedonia in year 2015 is 33.082 %.

Total Government Net Lending/ Borrowing (National Currency) for Macedonia in year 2015 is MKD -20.273 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Macedonia in year 2015 is -3.68 %.

Fiscal Year Gross Domestic Product, Current Prices for Macedonia in year 2015 is MKD 550.88 Billions.

Current Account Balance (US Dollars) for Macedonia in year 2015 is US$ -0.141 Billion.

Current Account Balance (% GDP) for Macedonia in year 2015 is -1.424 %.

* Source: IMF
Aggregate Indicators for Macedonia
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Macedonia
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Macedonia
  Natural Resources, Agricultural Products, Land Use and Water Use for Macedonia
  Nationality, Ethnic Groups, Languages and Religions for Macedonia
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Macedonia
  Age Structure, Median Age, Gender and Urbanization for Macedonia
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Macedonia
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Macedonia
  HIV, AIDS and Other Major Infectious Disease Rates for Macedonia
  Literacy Rate, Educational Expenditure and School Life Expectancy for Macedonia
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Macedonia
  Industries and Industrial Growth Production Rate for Macedonia
  Labor Force by Occupation for Macedonia
  Poverty Line, Gini Index, Household Income and Consumption for Macedonia
  National Budget and Public Debt for Macedonia
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Macedonia
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Macedonia
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Macedonia
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Macedonia
  Foreign Exchange Reserves and Gold Reserves for Macedonia
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Macedonia
  Exchange Rate Statistics for Macedonia
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Macedonia
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Macedonia
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Macedonia
  Television and Radio Statistics (TV Stats, Radio Stats) for Macedonia
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Macedonia
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Macedonia
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Macedonia
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Macedonia
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Macedonia
* Source: CIA
Internet Indicators for Macedonia
Indicators
  Number of Internet Users for Macedonia
  Internet Penetration Rate for Macedonia
  Number of Facebook Accounts for Macedonia
  Facebook Penetration Rate for Macedonia
* Source: IWS
Economic Freedom Indicators for Macedonia
Indicators
  Economic Freedom World Rank for Macedonia
  Government Spending for Macedonia
  Monetary Freedom for Macedonia
  Investment Freedom for Macedonia
  Financial Freedom for Macedonia
  Property Rights for Macedonia
  Economic Freedom Regional Ranking for Macedonia
  Freedom from Corruption for Macedonia
  Labor Freedom for Macedonia
  Tariff Rate for Macedonia
  Income Tax Rate for Macedonia
  Corporate Tax Rate for Macedonia
  Tax Burden % of GDP for Macedonia
  Government Expenditure % of GDP for Macedonia
  Business Freedom for Macedonia
  Trade Freedom for Macedonia
  Fiscal Freedom for Macedonia
  2016 Score for Macedonia
* Source: HFO
Macedonia Economic Indicators in other Years
  Macedonia Economic Indicators for Year 2021 (Forecast)
  Macedonia Economic Indicators for Year 2020 (Forecast)
  Macedonia Economic Indicators for Year 2019 (Forecast)
  Macedonia Economic Indicators for Year 2018 (Forecast)
  Macedonia Economic Indicators for Year 2017 (Forecast)
  Macedonia Economic Indicators for Year 2016 (Forecast)
Macedonia Economic Indicators for Year 2015 (Current)
  Macedonia Economic Indicators for Year 2014
  Macedonia Economic Indicators for Year 2013
  Macedonia Economic Indicators for Year 2012
  Macedonia Economic Indicators for Year 2011
  Macedonia Economic Indicators for Year 2010
  Macedonia Economic Indicators for Year 2009
  Macedonia Economic Indicators for Year 2008
  Macedonia Economic Indicators for Year 2007
  Macedonia Economic Indicators for Year 2006
  Macedonia Economic Indicators for Year 2005
  Macedonia Economic Indicators for Year 2004
  Macedonia Economic Indicators for Year 2003
  Macedonia Economic Indicators for Year 2002
  Macedonia Economic Indicators for Year 2001
  Macedonia Economic Indicators for Year 2000
  Macedonia Economic Indicators for Year 1999
  Macedonia Economic Indicators for Year 1998
  Macedonia Economic Indicators for Year 1997
  Macedonia Economic Indicators for Year 1996
  Macedonia Economic Indicators for Year 1995
  Macedonia Economic Indicators for Year 1994
  Macedonia Economic Indicators for Year 1993
  Macedonia Economic Indicators for Year 1992
  Macedonia Economic Indicators for Year 1991
  Macedonia Economic Indicators for Year 1990
  Macedonia Economic Indicators for Year 1989
  Macedonia Economic Indicators for Year 1988
  Macedonia Economic Indicators for Year 1987
  Macedonia Economic Indicators for Year 1986
  Macedonia Economic Indicators for Year 1985
  Macedonia Economic Indicators for Year 1984
  Macedonia Economic Indicators for Year 1983
  Macedonia Economic Indicators for Year 1982
  Macedonia Economic Indicators for Year 1981
  Macedonia Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International