North Macedonia 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$10.67 billion
↑ 6.04% vs 2015GDP per Capita
$5,598.49
↑ 6.38% vs 2015GDP Growth (Annual %)
2.85%
↓ 1.01pp vs 2015Inflation Rate (CPI %)
-0.24%
↑ 0.06pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $10.06 billion | $10.67 billion | +6.04% |
| GDP per Capita | $5,262.69 | $5,598.49 | +6.38% |
| GDP Growth (Annual %) | 3.86% | 2.85% | -1.01pp |
| Inflation (CPI %) | -0.30% | -0.24% | +0.06pp |
| Unemployment Rate (%) | 26.40% | 24.31% | -2.08pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $10.67 billion
- GDP per Capita
- $5,598.49
- GDP Growth (Annual %)
- 2.85%
- Gross National Income
- $10.25 billion
Prices & Employment
- Inflation (CPI %)
- -0.24%
- Inflation (GDP Deflator %)
- 3.47%
- Unemployment Rate (%)
- 24.31%
- Interest Rate (Real %)
- 3.43%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -2.66%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, North Macedonia's Gross Domestic Product (GDP) is $10.67 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in North Macedonia for 2016 is $5,598.49. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in North Macedonia for 2016 is -0.24%. This measures the annual percentage change in the cost of consumer goods and services.
North Macedonia's annual GDP growth rate for 2016 is 2.85%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in North Macedonia for 2016 is 24.31%. This represents the percentage of the labor force that is unemployed and actively seeking employment.