Currency: Macedonian Denar pegged to the € (€1= MKD 61.5)
GDP: $ 10.4Bn (2011)
GDP per capita: $ 5,057.97 USD (2011)
Credit ratings: Standard & Poor’s: BB / Fitch: BB+
Government deficit/debt: Budget Deficit, 2011: 2 % of GDP/State Debt, 2012: 32.1% of GDP
Average gross salary: € 498 Month (2012)
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Stable GDP growth of around 3% - 5%
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Low inflation rate of 2% - 3% on average.
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Strong fiscal discipline confirmed by the international financial institutions
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A well-functioning coordination between fiscal and monetary policy.
Real GDP Growth (%) |
6,1 |
5,0 |
-0,9 |
2,9 |
3,1 |
Annual Inflation (%) |
2,3 |
8,3 |
-0,8 |
1,6 |
3,9 |
Central Budget Balance as % of GDP |
0,6 |
-0,9 |
-2,7 |
-2,4 |
-2,5 |
Coverage of Imports by Exports (%) |
67,4 |
60,6 |
55,5 |
62,9 |
65,5 |
FDI (US$ m) |
699 |
587 |
197 |
211 |
463 |
Unemployment Rate (%) |
34,9 |
33,8 |
32,2 |
32,0 |
31,4 |