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• iso 4217: MKD
• Macedonia, The Former Yugoslav Republic Of (Europe)

Macedonia Interest Rate

The benchmark interest rate in Macedonia was last reported at 3.75 percent. Historically, from 2002 until 2012, Macedonia Interest Rate averaged 7.2300 Percent reaching an all time high of 15.2100 Percent in December of 2002 and a record low of 3.7500 Percent in April of 2012. In Macedonia, interest rates decisions are taken by the National Bank of the Republic of Macedonia. The National Bank of the Republic of Macedonia official interest rate is the Central Bank bills rate. This page includes a chart with historical data for Macedonia Interest Rate.

source: National Bank of the Republic of Macedonia

Macedonia Unemployment Rate

The unemployment rate in Macedonia was last reported at 32 percent in the fourth quarter of 2011. Historically, from 1993 until 2011, Macedonia Unemployment Rate averaged 32.9600 Percent reaching an all time high of 37.3000 Percent in December of 2005 and a record low of 27.7000 Percent in December of 1993. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Macedonia Unemployment Rate.

source: State Statistical Office

Macedonia Industrial Production

Industrial Production in Macedonia decreased 8.50 percent in March of 2012. Historically, from 2005 until 2012, Macedonia Industrial Production averaged 0.6800 Percent reaching an all time high of 24.5000 Percent in March of 2011 and a record low of -14.5000 Percent in June of 2009. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for Macedonia Industrial Production.

source: State Statistical Office

Macedonia GDP Growth Rate

The Gross Domestic Product (GDP) in Macedonia expanded 0.20 percent in the fourth quarter of 2011 over the previous quarter. Historically, from 2004 until 2011, Macedonia GDP Growth Rate averaged 3.6300 Percent reaching an all time high of 8.2000 Percent in June of 2005 and a record low of -2.4000 Percent in June of 2009. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. Macedonia has a small, open market economy with one of the lowest GDP per capita in Europe. The main sectors of the Macedonian economy are services (more than 50% of GDP) and industry (30% of GDP). The textile sector is the main source of foreign trade and accounts for more than 50% of total exports. Macedonia also produces iron, steel, wine and vegetables. Corruption and an ineffective legal system are significant restraints for economic development. This page includes a chart with historical data for Macedonia GDP Growth Rate.

source: State Statistical Office

Macedonia Current Account

Macedonia reported a current account surplus equivalent to 16 Million USD in the fourth quarter of 2011. Historically, from 1998 until 2011, Macedonia Current Account averaged -85.9400 Million USD reaching an all time high of 126.9000 Million USD in September of 2006 and a record low of -531.7000 Million USD in December of 2008. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Macedonia Current Account.

source: National Bank of the Republic of Macedonia

Macedonia Balance of Trade

Macedonia reported a trade deficit equivalent to 567 Million EUR in the first quarter of 2012. Historically, from 1994 until 2012, Macedonia Balance of Trade averaged -307.0200 Million USD reaching an all time high of -82.8000 Million USD in June of 1994 and a record low of -809.2000 Million USD in December of 2007. Macedonia exports mostly supported catalysts with precious metal or precious metal compounds as the active substance, ferro-nickel, iron and steel products (flat-rolled products), clothes, and petroleum oil preparations. Macedonia imports crude oil, platinum and platinum alloys, motor vehicles and electricity. Macedonia's most important trading partners are Germany, Serbia, Bulgaria, Russia and Greece (44.0% of the total international commodity trade). This page includes a chart with historical data for Macedonia Balance of Trade.

source: National Bank of the Republic of Macedonia

Macedonia Imports

Macedonia imports were worth 1487 Million USD in the first quarter of 2012. Historically, from 1994 until 2012, Macedonia Imports averaged 815.1900 Million USD reaching an all time high of 1945.4000 Million USD in June of 2008 and a record low of 341.6000 Million USD in March of 1994. Macedonia imports crude oil, platinum and platinum alloys, motor vehicles and electricity. Main imports partners are Germany, UK, Bulgaria, Italy, Greece and Russia. This page includes a chart with historical data for Macedonia Imports.

source: National Bank of the Republic of Macedonia

Macedonia Exports

Macedonia exports were worth 920 Million USD in the first quarter of 2012. Historically, from 1994 until 2012, Macedonia Exports averaged 504.8100 Million USD reaching an all time high of 1186.0000 Million USD in June of 2011 and a record low of 244.0000 Million USD in March of 2002. Macedonia's main exports partners are Germany (around 25% of exports), Italy, Greece, Bulgaria and Serbia. Macedonia exports mostly supported catalysts with precious metal or precious metal compounds as the active substance, ferro-nickel, iron and steel products (flat-rolled products), clothes, and petroleum oil preparations. This page includes a chart with historical data for Macedonia Exports.

source: National Bank of the Republic of Macedonia

Macedonia Inflation Rate

The inflation rate in Macedonia was recorded at 2.24 percent in April of 2012. Historically, from 2006 until 2012, Macedonia Inflation Rate averaged 2.8900 Percent reaching an all time high of 9.9000 Percent in June of 2008 and a record low of -2.1000 Percent in December of 2009. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Macedonia Inflation Rate.

source: National Bank of the Republic of Macedonia

Macedonia Annual GDP Growth Rate

The Gross Domestic Product (GDP) in Macedonia expanded 0.20 percent in the fourth quarter of 2011 over the same quarter of the previous year. Historically, from 2004 until 2011, Macedonia Annual GDP Growth Rate averaged 3.6300 Percent reaching an all time high of 8.2000 Percent in June of 2005 and a record low of -2.4000 Percent in June of 2009. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for Macedonia Annual GDP Growth Rate.

source: State Statistical Office

Macedonia GDP per capita

The Gross Domestic Product per capita in Macedonia was last reported at 2220.58 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in Macedonia is equivalent to 18 percent of the world's average. Historically, from 1990 until 2010, Macedonia GDP per capita averaged 1834.7300 USD reaching an all time high of 2220.5800 USD in December of 2010 and a record low of 1578.2100 USD in December of 1995. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Macedonia GDP per capita.

source: World Bank

Macedonia GDP per capita PPP

The Gross Domestic Product per capita in Macedonia was last reported at 11158.52 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Macedonia, when adjusted by Purchasing Power Parity is equivalent to 51 percent of the world's average. Historically, from 1990 until 2010, Macedonia GDP per capita PPP averaged 6798.2100 USD reaching an all time high of 11158.5200 USD in December of 2010 and a record low of 4871.8600 USD in December of 1994. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Macedonia GDP per capita PPP.

source: World Bank

Macedonia Government Debt to GDP

Macedonia recorded a Government Debt to GDP of 24.60 percent of the country's Gross Domestic Product in 2010. Historically, from 1999 until 2010, Macedonia Government Debt to GDP averaged 34.1300 Percent of GDP reaching an all time high of 48.8000 Percent of GDP in December of 2001 and a record low of 20.6000 Percent of GDP in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Macedonia Government Debt to GDP.

source: IMF

Macedonia Government Budget

Macedonia reported a Government Budget deficit equal to 2.50 percent of the country's Gross Domestic Product in 2010. Historically, from 1993 until 2010, Macedonia Government Budget averaged -2.1200 Percent of GDP reaching an all time high of 1.8000 Percent of GDP in December of 2000 and a record low of -13.4000 Percent of GDP in December of 1993. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Macedonia Government Budget.

source: IMF

Macedonia Current Account to GDP

Macedonia reported a Current Account deficit of 2.80 percent of the country's Gross Domestic Product in 2010. Historically, from 2003 until 2010, Macedonia Current Account to GDP averaged -5.5100 Percent of GDP reaching an all time high of -0.4000 Percent of GDP in December of 2006 and a record low of -12.8000 Percent of GDP in December of 2008. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Macedonia Current Account to GDP.

source: IMF

Macedonia GDP

The Gross Domestic Product (GDP) in Macedonia was worth 9.10 billion US dollars in 2010, according to a report published by the World Bank. The GDP value of Macedonia is roughly equivalent to 0.01 percent of the world economy. Historically, from 1992 until 2010, Macedonia GDP averaged 5.1300 Billion USD reaching an all time high of 9.8000 Billion USD in December of 2008 and a record low of 2.3000 Billion USD in December of 1992. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page includes a chart with historical data for Macedonia GDP.

source: The World Bank Group

datas from tradingeconomics.com

27 May 2012 ► Converter Denar ► Free online currency conversion based on exchange rates. Currency converter