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Economy Snapshot

North Macedonia Economy and Trade

SkopjeLocal time

GDP $19.10B · real growth 3.5% · latest verified annual data

North Macedonia's output measure stands at $19.10B in 2025; real GDP growth is listed separately at 3.5% for 2025. GDP per capita is $10,490 for 2025, and CPI inflation is 4.1% for 2025. Each measure keeps its own reference period below, avoiding a false same-year comparison between series released on different schedules.

Nominal GDP
$19.10B
current US$ · 2025
World Bank
GDP per capita
$10,490
current US$ · 2025
Source listed below
Real GDP growth
3.5%
annual % · 2025
Source listed below
Inflation
4.1%
CPI annual % · 2025
Source listed below

North Macedonia at a Glance

Each measure keeps its actual reference year and definition.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$10.06B$19.10B
2015: $10.06B2016: $10.67B2017: $11.31B2018: $12.68B2019: $12.61B2020: $12.36B2021: $14.00B2022: $13.93B2023: $15.86B2024: $16.95B2025: $19.10B
GDP per capita$10,490
Real growth3.5%
GDP year2025
2025 Inflation
4.1%
CPI annual %
2025 Unemployment
12.3%
labor-market measure
2025 GDP per capita
$10,490
current US$

Macro signals and Merchandise trade

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth20253.5%
Unemployment202512.3%
Inflation20254.1%

Merchandise trade

WTO profile · 2024 · USD
TRADE
Exports$8.42B
Imports$11.97B
Balance-$3.54B
Largest highlighted export destination
European Union76.9%
Exports
$8.42B
Imports
$11.97B
Understand the numbers

What North Macedonia's economic profile is telling you

North Macedonia grew by 3.5 percent in 2025, with inflation at 4.1 percent and modeled unemployment still in double digits. Matched 2024 WTO merchandise data show a goods deficit and very strong export concentration toward the European Union.

Reading the macro data

Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.

Reading the trade data

Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.

Detailed Economic Data

IndicatorNorth MacedoniaReference periodStatus
GDPcurrent US$$19.10B2025Actual
GDP per capitacurrent US$$10,4902025Actual
Real GDP growthannual %3.5%2025Actual
InflationCPI annual %4.1%2025Actual
Unemploymentmodeled ILO estimate12.3%2025Estimate
Merchandise exportscurrent USD$8.42B2024Actual
Merchandise importscurrent USD$11.97B2024Actual

Frequently Asked Questions

What is North Macedonia's latest GDP?

The verified GDP observation used here is $19.10B for 2025.

What does merchandise trade show for North Macedonia?

Merchandise exports were $8.42B and imports were $11.97B in 2024, giving a same-year goods balance of -$3.54B.

More about North Macedonia

Explore North Macedonia across the other DigifyWorld country-data sections.

Public HolidaysPublic holidays 2026 and 2027→Digital AdoptionInternet, payments and digital government→Population & DemographicsPopulation, age structure and projections→Currency & ExchangeCurrency, exchange rates and money→LanguagesLanguages, scripts and language context→Human DevelopmentHDI and quality-of-life indicators→Geography & EnvironmentLand, climate and environment→Practical Country InfoTime, driving, electricity and codes→EducationSchool system and education data→

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise exports and imports from the WTO economy profile.

Official data: WTO country profile