North Macedonia in figures

Unemployment in North Macedonia peaked at 37.3% in 2005 and fell in almost every year after, to 12.3% in 2025. Trade grew far faster than output: imports equalled 93.4% of GDP in 2022 and exports 72.8%. Government debt, 20.6% of GDP in 2008, stood at 52.5% in 2025, and the IMF projected 53.8% for 2031. The World Bank counted 1,820,909 people in 2025, fewer than in any earlier year of its series.

GDP

$19.1 bn

2025

from $3.8 bn in 2000

GDP per person

$10 490

2025

from $1 862 in 2000

Real growth

3.5%

2025

from 4.5% in 2000

Inflation

4.1%

2025

from 6.6% in 2000

Unemployment

12.3%

2025

from 32.2% in 2000

Government debt

52.5%of GDP

2025

from 45.6% in 2000

Economy

How large North Macedonia's economy is, how fast it grows and what it is made of

Output fell in four years: by 3.1% in 2001, 0.4% in 2009, 0.5% in 2012 and 4.7% in 2020. The best was 2007, at 6.5%. GDP in current dollars went from $3.8 billion in 2000 to $19.1 billion in 2025, and output per person at purchasing power parity rose over the same years from $6,154 to $28,029, with a small dip in 2001 to $6,051. On the IMF's figures, growth was projected at 3.1% for 2026 and 3.0% a year from 2027. Manufacturing grew from 9.0% of GDP in 2000 to 14.3% in 2025. Agriculture, forestry and fishing went the other way, from a peak of 11.6% in 2004 to 6.0% in 2025, while services held between 52.4% and 57.1% throughout and produced 57.0% of GDP in 2025, with industry and construction together at 24.1%.

GDP, current US dollars

$19.1 bn2025

World Bank
Data
YearGDP, current US dollars
2025$19.1 bn
2024$17.0 bn
2023$15.9 bn
2022$13.9 bn
2021$14.0 bn
2020$12.4 bn
2019$12.6 bn
2018$12.7 bn
2017$11.3 bn
2016$10.7 bn
2015$10.1 bn
2014$11.4 bn
2013$10.8 bn
2012$9.7 bn
2011$10.5 bn
2010$9.4 bn
2009$9.4 bn
2008$9.9 bn
2007$8.3 bn
2006$6.9 bn
2005$6.3 bn
2004$5.7 bn
2003$4.9 bn
2002$4.0 bn
2001$3.7 bn
2000$3.8 bn

Series World Bank NY.GDP.MKTP.CD

Real GDP growth

3.5%2025

World Bank · IMF World Economic Outlook
Data
YearGrowth
2031 (projection)3.0%
2030 (projection)3.0%
2029 (projection)3.0%
2028 (projection)3.0%
2027 (projection)3.0%
2026 (projection)3.1%
20253.5%
20243.0%
20232.5%
20222.8%
20214.5%
2020−4.7%
20193.9%
20182.9%
20171.1%
20162.9%
20153.9%
20143.6%
20132.9%
2012−0.5%
20112.3%
20103.4%
2009−0.4%
20085.5%
20076.5%
20065.1%
20054.7%
20044.7%
20032.2%
20021.5%
2001−3.1%
20004.5%

Series World Bank NY.GDP.MKTP.KD.ZG · IMF World Economic Outlook NGDP_RPCH

GDP per person

$10 4902025

At market exchange ratesAt purchasing power parity

World Bank
Data
YearGDP per personAt purchasing power
2025$10 490$28 029
2024$9 292$26 996
2023$8 674$25 354
2022$7 606$24 212
2021$7 621$22 144
2020$6 660$19 962
2019$6 719$20 222
2018$6 714$18 461
2017$5 955$17 161
2016$5 598$16 458
2015$5 263$15 034
2014$5 925$14 485
2013$5 626$13 663
2012$5 050$12 726
2011$5 417$12 421
2010$4 833$11 992
2009$4 800$11 532
2008$5 026$10 924
2007$4 204$9 639
2006$3 440$8 888
2005$3 121$7 972
2004$2 819$7 229
2003$2 445$6 608
2002$1 989$6 395
2001$1 823$6 051
2000$1 862$6 154

Series World Bank NY.GDP.PCAP.CD · World Bank NY.GDP.PCAP.PP.CD

Value added, share of GDP

Manufacturing has its own band and is left out of other industry. The remainder is taxes on products less subsidies, which the national accounts add to reach GDP.

200053%9%12%10%16%
202557%14%10%13%
  • Services
  • Manufacturing
  • Other industry and construction
  • Agriculture, forestry, fishing
  • Taxes less subsidies
World Bank

Prices and work

What prices and jobs did

Consumer prices fell in 2004, in 2009 and in each year from 2014 to 2016, then rose 14.2% in 2022 and 9.4% in 2023. Inflation was 4.1% in 2025, and the IMF projected 4.5% for 2026. The unemployment rate was above 30% from 2000 to 2012; it dropped below 20% in 2019 and reached 12.3% in 2024 and 2025. Youth unemployment went from 65.8% in 2003 to 28.8% in 2025.

Inflation, consumer prices

4.1%2025

World Bank · IMF World Economic Outlook
Data
YearInflation
2031 (projection)2.0%
2030 (projection)2.2%
2029 (projection)2.5%
2028 (projection)3.2%
2027 (projection)4.1%
2026 (projection)4.5%
20254.1%
20243.5%
20239.4%
202214.2%
20213.2%
20201.2%
20190.8%
20181.5%
20171.4%
2016−0.2%
2015−0.3%
2014−0.3%
20132.8%
20123.3%
20113.9%
20101.5%
2009−0.7%
20088.3%
20072.3%
20063.2%
20050.5%
2004−0.5%
20030.9%
20022.3%
20015.2%
20006.6%

Series World Bank FP.CPI.TOTL.ZG · IMF World Economic Outlook PCPIPCH

Unemployment

12.3%2025

All agesAges 15 to 24

World Bank
Data
YearUnemploymentAges 15 to 24
202512.3%28.8%
202412.3%28.7%
202313.2%29.7%
202214.5%32.6%
202115.8%36.1%
202016.6%35.6%
201917.4%35.4%
201821.2%45.5%
201722.9%46.8%
201624.3%48.5%
201526.4%47.5%
201428.2%53.1%
201329.0%51.6%
201231.1%53.7%
201131.5%55.1%
201033.1%55.2%
200932.4%55.2%
200833.9%56.8%
200735.2%58.2%
200636.4%60.1%
200537.3%62.0%
200437.2%64.2%
200336.7%65.8%
200231.9%58.4%
200130.5%55.5%
200032.2%58.4%

Series World Bank SL.UEM.TOTL.ZS · World Bank SL.UEM.1524.ZS

Trade

How open the economy is

Exports went from 26.3% of GDP in 2002 to 72.8% in 2022, easing to 59.6% by 2025. Imports followed a similar path, from 42.3% in 2001 to 93.4% in 2022 and 73.4% in 2025. A deficit on the current account, widest in 2008 at 12.5% of GDP, turned into a surplus of 0.3% in 2023 and back to a deficit of 4.3% in 2025. Net inflows of foreign direct investment were largest in 2001, at 12.7% of GDP.

Exports and imports, share of GDP

59.6%2025

ExportsImports

World Bank
Data
YearExports of goods and servicesImports
202559.6%73.4%
202461.7%74.7%
202367.4%80.4%
202272.8%93.4%
202165.4%81.3%
202057.8%70.5%
201962.4%76.2%
201860.4%72.8%
201755.1%69.0%
201650.7%65.5%
201548.7%65.0%
201447.7%64.9%
201343.4%61.5%
201245.4%66.8%
201147.1%66.1%
201039.8%58.1%
200932.8%54.4%
200843.2%68.3%
200744.1%62.0%
200637.8%54.8%
200534.8%51.0%
200430.7%50.2%
200327.7%43.4%
200226.3%45.2%
200129.2%42.3%
200033.0%47.2%

Series World Bank NE.EXP.GNFS.ZS · World Bank NE.IMP.GNFS.ZS

Current account balance, share of GDP

−4.3%2025

World Bank
Data
YearCurrent account balance
2025−4.3%
2024−2.1%
20230.3%
2022−6.2%
2021−2.7%
2020−2.9%
2019−3.0%
20180.1%
2017−0.6%
2016−2.7%
2015−1.7%
2014−0.5%
2013−1.6%
2012−3.3%
2011−2.5%
2010−2.1%
2009−6.5%
2008−12.5%
2007−7.3%
2006−0.4%
2005−2.5%
2004−8.0%
2003−3.8%
2002−9.4%
2001−6.3%
2000−2.7%

Series World Bank BN.CAB.XOKA.GD.ZS

Foreign direct investment, net inflows, share of GDP

3.5%2025

World Bank
Data
YearForeign direct investment, net inflows
20253.5%
20246.2%
20234.0%
20226.1%
20215.0%
20200.1%
20194.4%
20185.1%
20173.4%
20165.2%
20153.0%
20140.5%
20133.7%
20123.5%
20114.8%
20103.2%
20092.8%
20086.2%
20078.8%
20066.2%
20052.3%
20045.4%
20032.4%
20022.8%
200112.7%
20005.8%

Series World Bank BX.KLT.DINV.WD.GD.ZS

Public finances

What the state owes and borrows

Debt halved between 2000 and 2008, from 45.6% of GDP to 20.6%, by the IMF's figures. It then climbed for most of the next twelve years, jumping from 40.4% in 2019 to 50.8% in 2020, and was 52.5% in 2025. The government ran a surplus of 2.4% of GDP in 2000 and a deficit of 8.0% in 2020; borrowing was 4.0% in 2025. Taxes raised 18.8% of GDP in 2024.

General government gross debt, share of GDP

52.5%2025

IMF World Economic Outlook
Data
YearGeneral government gross debt
2031 (projection)53.8%
2030 (projection)53.8%
2029 (projection)54.0%
2028 (projection)53.6%
2027 (projection)53.4%
2026 (projection)53.1%
202552.5%
202452.9%
202350.5%
202250.4%
202152.7%
202050.8%
201940.4%
201840.4%
201739.4%
201639.7%
201538.0%
201438.0%
201334.0%
201233.7%
201127.7%
201024.3%
200923.7%
200820.6%
200723.5%
200630.6%
200536.7%
200434.6%
200336.5%
200240.5%
200145.2%
200045.6%

Series IMF World Economic Outlook GGXWDG_NGDP

Government net lending or borrowing, share of GDP

−4.0%2025

Below zero the government borrowed.

IMF World Economic Outlook
Data
YearGeneral government net lending or borrowing
2031 (projection)−3.0%
2030 (projection)−3.0%
2029 (projection)−3.3%
2028 (projection)−3.6%
2027 (projection)−3.9%
2026 (projection)−4.2%
2025−4.0%
2024−4.4%
2023−4.6%
2022−5.2%
2021−5.3%
2020−8.0%
2019−2.0%
2018−1.8%
2017−2.7%
2016−2.7%
2015−3.5%
2014−4.2%
2013−3.8%
2012−3.8%
2011−2.5%
2010−2.4%
2009−2.6%
2008−0.9%
20070.6%
2006−0.5%
20050.2%
20040.4%
2003−0.1%
2002−5.2%
2001−5.9%
20002.4%

Series IMF World Economic Outlook GGXCNL_NGDP

Tax revenue, share of GDP

18.8%2024

World Bank
Data
YearTax revenue
202418.8%
202317.8%
202217.7%
202117.4%
202016.1%
201917.1%
201817.6%
201717.2%
201616.9%
201516.8%
201416.2%
201315.7%
201216.4%
201117.0%
201016.9%
200917.1%
200818.5%
200719.1%
200618.1%
200518.4%

Series World Bank GC.TAX.TOTL.GD.ZS

People

Who lives in North Macedonia

Population peaked at 2,034,882 in 2001 and fell to 1,820,909 by 2025, by the World Bank's count. Net migration was negative every year, with the largest outflow, 24,878 people, in 2018. The over-65 share nearly doubled, from 9.8% of the total in 2000 to 18.5% in 2025. Fertility dropped from 1.86 births per woman in 2000 to 1.40 in 2024, and a newborn could expect 76.6 years of life in 2024, against 73.0 in 2000.

Population

1.82 m2025

The axis does not start at zero, so the change looks larger than it is.

World Bank
Data
YearPopulation
20251.82 m
20241.82 m
20231.83 m
20221.83 m
20211.84 m
20201.86 m
20191.88 m
20181.89 m
20171.90 m
20161.91 m
20151.91 m
20141.92 m
20131.92 m
20121.93 m
20111.94 m
20101.95 m
20091.96 m
20081.97 m
20071.98 m
20061.99 m
20052.01 m
20042.02 m
20032.02 m
20022.02 m
20012.03 m
20002.03 m

Series World Bank SP.POP.TOTL

Age structure, share of the population
65 and over18.5%15 to 6465.0%Under 1516.5%
World Bank
Data
YearAged 0 to 1415 to 6465 and over
202516.5%65.0%18.5%
202416.8%65.2%18.0%
202317.1%65.4%17.5%
202217.2%65.8%17.1%
202117.2%66.0%16.7%
202017.2%66.4%16.4%
201917.2%67.0%15.8%
201817.4%67.6%15.1%
201717.6%68.0%14.5%
201617.8%68.3%13.9%
201518.1%68.5%13.4%
201418.3%68.7%12.9%
201318.6%69.0%12.5%
201218.8%69.1%12.1%
201119.0%69.2%11.8%
201019.3%69.0%11.6%
200919.7%68.9%11.4%
200820.0%68.8%11.2%
200720.4%68.6%11.0%
200620.8%68.4%10.8%
200521.3%68.1%10.6%
200421.7%67.8%10.5%
200322.1%67.6%10.3%
200222.5%67.3%10.2%
200122.9%67.1%10.0%
200023.4%66.8%9.8%

Series World Bank SP.POP.0014.TO.ZS · World Bank SP.POP.1564.TO.ZS · World Bank SP.POP.65UP.TO.ZS

Births per woman

1.402024

World Bank
Data
YearBirths per woman
20241.40
20231.50
20221.60
20211.60
20201.31
20191.34
20181.42
20171.43
20161.50
20151.49
20141.50
20131.50
20121.50
20111.46
20101.60
20091.50
20081.47
20071.46
20061.46
20051.50
20041.52
20031.75
20021.79
20011.73
20001.86

Series World Bank SP.DYN.TFRT.IN

Life expectancy at birth

76.6 years2024

World Bank
Data
YearLife expectancy at birth
202476.6 years
202375.3 years
202274.4 years
202173.3 years
202074.4 years
201976.6 years
201876.7 years
201776.0 years
201675.4 years
201575.4 years
201475.5 years
201375.4 years
201274.9 years
201175.1 years
201075.0 years
200974.5 years
200874.4 years
200773.8 years
200673.9 years
200573.7 years
200473.6 years
200373.2 years
200273.0 years
200173.4 years
200073.0 years

Series World Bank SP.DYN.LE00.IN

Net migration

−5 6452025

People arriving less people leaving, each year.

World Bank
Data
YearNet migration
2025−5 645
2024−5 728
2023−5 597
2022−5 296
2021−5 483
2020−23 458
2019−24 204
2018−24 878
2017−24 227
2016−24 144
2015−23 010
2014−22 132
2013−20 297
2012−19 083
2011−17 871
2010−16 668
2009−15 455
2008−17 645
2007−15 705
2006−9 632
2005−2 244
2004−2 640
2003−2 880
2002−2 858
2001−922
2000−2 824

Series World Bank SM.POP.NETM

Living standards

Health, schooling, the internet and inequality

By 2025, 93.1% of people used the internet; in 2000 the share was 2.5%. Health spending was 8.9% of GDP in 2000 and 7.4% in 2023. Inequality peaked in 2008, when the Gini coefficient stood at 46.1, and it was 33.5 in 2019. For education there is one figure: 3.3% of GDP in 2002.

Health spending, share of GDP

7.4%2023

World Bank
Data
YearHealth spending
20237.4%
20227.4%
20218.4%
20207.7%
20197.1%
20186.5%
20176.4%
20166.4%
20156.3%
20146.3%
20136.7%
20126.6%
20116.5%
20106.7%
20096.5%
20086.5%
20076.6%
20067.4%
20057.7%
20048.5%
20039.0%
20029.0%
20018.4%
20008.9%

Series World Bank SH.XPD.CHEX.GD.ZS

Public spending on education, share of GDP

3.3%2002

World Bank
Data
YearPublic spending on education
20023.3%

Series World Bank SE.XPD.TOTL.GD.ZS

Using the internet

93.1%2025

World Bank
Data
YearUsing the internet
202593.1%
202493.6%
202388.5%
202283.8%
202181.9%
202081.4%
201981.4%
201879.2%
201774.5%
201672.2%
201570.4%
201468.1%
201365.2%
201257.5%
201156.7%
201051.9%
200951.8%
200846.0%
200736.3%
200628.6%
200526.4%
200424.4%
200319.1%
200217.3%
20013.5%
20002.5%

Series World Bank IT.NET.USER.ZS

Gini coefficient

33.52019

World Bank
Data
YearGini coefficient
201933.5
201833.0
201734.2
201634.5
201535.6
201435.2
201336.2
201238.1
201139.4
201040.1
200942.8
200846.1
200642.6
200539.3
200438.4
200338.7
200238.5
200034.3

Series World Bank SI.POV.GINI

Living in towns and cities

62.9%2025

World Bank
Data
YearLiving in towns and cities
202562.9%
202462.6%
202362.3%
202262.0%
202161.7%
202061.2%
201960.6%
201860.2%
201759.7%
201659.4%
201559.1%
201458.8%
201358.6%
201258.4%
201158.2%
201058.1%
200958.0%
200858.0%
200757.9%
200657.9%
200557.9%
200457.9%
200357.9%
200257.9%
200158.1%
200058.5%

Series World Bank SP.URB.TOTL.IN.ZS

Energy and environment

Energy, emissions and forest

Renewables generated 31.0% of electricity in 2021, up from 17.2% in 2000, and had reached 36.7% in 2016 before slipping back. Across all final energy use their share was 19.5% in 2021. Each person accounted for 4.0 tonnes of carbon dioxide in 2024. Forests stood on 39.7% of the land in 2023.

Electricity from renewable sources

31.0%2021

World Bank
Data
YearElectricity from renewable sources
202131.0%
202029.1%
201922.9%
201835.1%
201723.1%
201636.7%
201535.9%
201424.0%
201326.1%
201216.7%
201121.2%
201033.5%
200918.6%
200813.3%
200715.5%
200623.6%
200521.5%
200422.2%
200320.4%
200212.4%
20019.8%
200017.2%

Series World Bank EG.ELC.RNEW.ZS

Renewable share of final energy use

19.5%2021

World Bank
Data
YearRenewable share of final energy use
202119.5%
202020.0%
201917.0%
201820.9%
201719.0%
201621.4%
201523.9%
201421.2%
201321.2%
201218.3%
201118.6%
201022.3%
200918.4%
200815.6%
200715.7%
200619.8%
200519.0%
200418.2%
200317.3%
200214.6%
200115.2%
200019.4%

Series World Bank EG.FEC.RNEW.ZS

CO2 emissions per person

4.0 t2024

World Bank
Data
YearCO2 emissions per person
20244.0 t
20234.4 t
20224.5 t
20214.2 t
20204.1 t
20194.6 t
20184.0 t
20174.2 t
20164.0 t
20154.2 t
20144.4 t
20134.6 t
20125.0 t
20115.3 t
20104.7 t
20094.7 t
20085.1 t
20075.2 t
20064.8 t
20054.8 t
20044.6 t
20034.7 t
20024.3 t
20014.5 t
20004.5 t

Series World Bank EN.GHG.CO2.PC.CE.AR5

Forest cover

39.7%2023

World Bank
Data
YearForest cover
202339.7%
202239.7%
202139.7%
202039.7%
201939.7%
201839.7%
201739.7%
201639.7%
201539.4%
201439.2%
201338.9%
201238.6%
201138.4%
201038.1%
200938.1%
200838.0%
200738.0%
200637.7%
200537.7%
200437.7%
200337.7%
200237.7%
200137.7%
200037.6%

Series World Bank AG.LND.FRST.ZS

Codes

North Macedonia's codes and memberships

The state

Status
Sovereign state
State since
1991
Government
parliamentary republic
Official languages
Albanian, Macedonian
United Nations
Member

Identifiers

MKISO alpha-2
MKDISO alpha-3
807ISO numeric
Calling code
+389
Internet domain
.mk
Time zone
UTC+01:00

Questions

Questions about North Macedonia in figures

What is North Macedonia's GDP?

At current prices, North Macedonia's output was worth $19.1 billion in 2025, or $10,490 a head, on World Bank data. The figure at purchasing power parity was $28,029 per person in 2025.

How fast is North Macedonia's economy growing?

Output rose 3.5% in 2025 in the World Bank series, after 3.0% in 2024; the last fall was 4.7% in 2020. For 2026 and 2027 the IMF projected 3.1% and 3.0%.

How high was inflation in North Macedonia in 2025?

Prices climbed 4.1% in 2025 on World Bank data, down from 14.2% in 2022, the highest rate since 2000, and 9.4% in 2023. By 2031 the IMF projected 2.0%, after 4.5% for 2026.

What is the unemployment rate in North Macedonia?

In 2025, 12.3% of North Macedonia's labour force was out of work, the World Bank reports, against 37.3% in 2005. Youth unemployment stood at 28.8% in 2025.

What is North Macedonia's public debt?

Debt stood at 52.5% of GDP in 2025, by the IMF's reckoning, more than double the low of 20.6% in 2008. It projected a level close to that for years ahead: 53.1% for 2026 and 53.8% for 2031.

What is the population of North Macedonia?

World Bank estimates give 1,820,909 people for 2025, against 2,026,350 in 2000. Over-65s were 18.5% of the population in 2025.

Record generated 2026-08-31, series 2026-09-27 · Q221 · World Bank data · Europe