wiiw Forecast Reports

NORTH MACEDONIA: Recovery underway


Vladimir Gligorov

in: Braced for Fallout from Global Slowdown
wiiw Forecast Report No. Autumn 2019, November 2019 , pp. 94-96

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The economy is recovering after its growth came to a halt during the political crisis two years ago. The potential growth rate is around 4%, at least as long as there is large slack in the labour market. Growth should be above 3% this year, and increase further in the medium run. The delayed start to EU accession negotiations could yet have negative repercussions for domestic politics.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: North Macedonia