North Macedonia
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
| Population, 1000 persons | 1828 | 1824 | 1814 | . | . | . |
| GDP, real change in % | 2.6 | 3.0 | 3.5 | 2.9 | 2.9 | 3.0 |
| GDP per capita (EUR at PPP) | 15830 | 16930 | 17900 | . | . | . |
| Gross industrial production, real change in % | 0.6 | -3.4 | 1.6 | . | . | . |
| Unemployment rate - LFS, in %, average | 13.1 | 12.4 | 11.5 | 11.0 | 10.5 | 10.0 |
| Average gross monthly wages, EUR | 892 | 1008 | 1103 | . | . | . |
| Consumer prices, % p.a. | 9.0 | 4.2 | 4.3 | 5.0 | 4.5 | 4.0 |
| Fiscal balance in % of GDP | -4.3 | -4.5 | -4.1 | -5.0 | -4.0 | -4.0 |
| Public debt in % of GDP | 49.4 | 52.9 | 51.6 | . | . | . |
| Current account in % of GDP | 0.3 | -2.2 | -4.4 | -5.5 | -5.3 | -4.4 |
| FDI inflow, EUR m | 593 | 966 | 618 | . | . | . |
| Gross external debt in % of GDP | 77.4 | 77.9 | 72.0 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of January, April, July and November.
See Press Conferences.
Monthly Report No. 7-8/2026
Vasily Astrov, Alexandra Bykova, Selena Duraković, Meryem Gökten, Richard Grieveson, Ioannis Gutzianas, Gabor Hunya, Branimir Jovanović, Biljana Jovanovikj, Niko Korpar, Dzmitry Kruk, Isilda Mara, Michał Możdżeń, Emilia Penkova-Pearson, Olga Pindyuk, Sandor Richter, Marko Sošić, Bernd Christoph Ströhm and Marina Tverdostup
wiiw Monthly Report No. 7-8, July-August 2026
52 pages including 5 Tables
Executive summary
Olga Pindyuk
in: The Crisis is Over, but its Scarring Effects are Hindering Recovery
wiiw Forecast Report No. Spring 2024, April 2024 , pp. I-VII
Details