North Macedonia: economy and key statistics
North Macedonia is number 135 in the 311 Nations Index, with a GDP of $19.1 billion in 2025. GDP per person is $10,490. The economy grew by 3.5% in 2025. Unemployment is 12.3%. The economy is 57% services, 24% industry, 6% agriculture.
Part of the 311 Nations Index (311institute.com). Last updated .
National power
North Macedonia is number 105 in the 311 National Power Index, scoring 30.9 out of 100: economic 48, technology 15, military 19 and human capital 48.
Economy at a glance
| Indicator | Latest figure | Year |
|---|---|---|
| GDP | $19.1 billion | 2025 |
| GDP (purchasing power) | $51.0 billion | 2025 |
| GDP per person | $10,490 | 2025 |
| Economic growth | +3.5% | 2025 |
| Inflation | 4.1% | 2025 |
| Unemployment | 12.3% | 2025 |
| Population | 1.8 million | 2025 |
| Labour force | 0.8 million | 2025 |
| Services share of GDP | 57% | 2025 |
| Industry share of GDP | 24% | 2025 |
| Manufacturing share of GDP | 14% | 2025 |
| Agriculture share of GDP | 6% | 2025 |
| Exports share of GDP | 60% | 2025 |
| Foreign direct investment | 3.5% of GDP | 2025 |
| High-tech share of manufactured exports | 6% | 2024 |
| R&D spending | 0.37% of GDP | 2024 |
| Internet users | 93% of people | 2025 |
Main export industries
North Macedonia exported goods worth about $8.4bn in 2024. Its biggest export industries:
- Chemical products n.e.c.: $2.0bn (23.3% of goods exports)
- Electrical machinery and equipment: $1.7bn (20.4% of goods exports)
- Furniture: $0.5bn (5.4% of goods exports)
- Iron and steel: $0.4bn (5.0% of goods exports)
- Machinery and mechanical appliances, boilers, nuclear reactors: $0.4bn (4.8% of goods exports)
Source: UN Comtrade, goods only (services exports are not included).
Other economies in Europe
- Germany (#3)
- United Kingdom (#5)
- France (#7)
- Russia (#8)
- Italy (#9)
- Spain (#12)
- Türkiye (#16)
- Netherlands (#18)
- Switzerland (#20)
- Poland (#21)
- Belgium (#22)
- Ireland (#23)
- Sweden (#25)
- Austria (#28)
- Norway (#31)
Questions and answers
How big is the economy of North Macedonia?
North Macedonia had a GDP of $19.1 billion in 2025, ranking number 135 in the 311 Nations Index.
What is GDP per person in North Macedonia?
GDP per person in North Macedonia was $10,490 in 2025.
How fast is the economy of North Macedonia growing?
The economy of North Macedonia grew by 3.5% in 2025.
Source: World Bank, World Development Indicators (CC BY 4.0).
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