Real GDP growth, %
Since 1995 · lighter bars = IMF projection
Macro
North Macedonia
Europe & Central Asia · Upper middle income · IMF WEO April 2026 · World Bank WDI
GDP▲ 12.9%
Current prices2025
19USD bn
GDP per capita▲ 13.5%
Current prices2025
10,546USD
Real GDP growth▲ 0.5 pp
Annual change2025
3.5%
Inflation▲ 0.6 pp
Average consumer prices2025
4.1%
Unemployment▼ 0.9 pp
Rate2025
11.5%
Government debt▼ 0.4 pp
General government, gross2025
52.5% of GDP
Current account▼ 2.2 pp
Balance2025
-4.4% of GDP
Population▼ 0.5%
Total2025
1.82million
Inflation, %
Average consumer prices · lighter bars = IMF projection
IMF outlook
IMF World Economic Outlook April 2026 · italics = IMF projection
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|
| Real GDP growth % | 4.5 | 2.8 | 2.6 | 3.0 | 3.5 | 3.1 | 3.0 | 3.0 | 3.0 | 3.0 |
| Inflation, average consumer prices % | 3.2 | 14.2 | 9.4 | 3.5 | 4.1 | 4.5 | 4.1 | 3.2 | 2.5 | 2.2 |
| Unemployment rate % | 15.4 | 14.4 | 13.1 | 12.4 | 11.5 | 11.5 | 11.4 | 11.3 | 11.2 | 11.1 |
| GDP, current prices USD bn | 14 | 14 | 16 | 17 | 19 | 22 | 23 | 25 | 26 | 27 |
| GDP per capita, current prices USD | 7,625 | 7,619 | 8,679 | 9,293 | 10,546 | 11,967 | 12,875 | 13,768 | 14,621 | 15,479 |
| GDP per capita, PPP Int. USD | 22,373 | 24,697 | 26,322 | 27,835 | 29,773 | 31,746 | 33,596 | 35,371 | 37,299 | 39,369 |
| General government gross debt % of GDP | 52.7 | 50.4 | 50.5 | 52.9 | 52.5 | 53.1 | 53.4 | 53.6 | 54.0 | 53.8 |
| General government net lending/borrowing % of GDP | -5.3 | -5.2 | -4.6 | -4.4 | -4.0 | -4.2 | -3.9 | -3.6 | -3.3 | -3.0 |
| Current account balance % of GDP | -2.8 | -6.1 | 0.3 | -2.2 | -4.4 | -5.0 | -4.4 | -3.4 | -3.2 | -3.0 |
| Population million | 1.84 | 1.83 | 1.83 | 1.82 | 1.82 | 1.81 | 1.80 | 1.79 | 1.78 | 1.76 |
Government debt, % of GDP
General government gross debt
Current account, % of GDP
Balance of payments
Economic structure
Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
| Year | Structure | Agriculture | Industry | Manufacturing | Services |
|---|---|---|---|---|---|
| 1995 | 10.6 | 24.1 | 18.7 | 45.6 | |
| 2005 | 9.7 | 20.4 | 9.7 | 55.8 | |
| 2015 | 9.7 | 23.9 | 11.8 | 53.7 | |
| 2025 | 6.0 | 24.1 | 14.3 | 57.0 |
Income, trade and society
World Bank WDI · change over 10 years
| Indicator | Latest | Unit | Year | 10Y change |
|---|---|---|---|---|
| GNI per capita, Atlas method | 9,490 | USD | 2025 | +71.0% |
| GNI, Atlas method | 17 | USD bn | 2025 | +62.8% |
| Exports of goods and services | 59.6 | % of GDP | 2025 | +10.9 pp |
| Imports of goods and services | 73.4 | % of GDP | 2025 | +8.4 pp |
| Life expectancy at birth | 76.6 | years | 2024 | +1.5% |
| Urban population | 62.9 | % of total | 2025 | +3.8 pp |
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Market data for this country
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Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)