mk North Macedonia 2018

Detailed economic analysis and indicators for 2018

Year 2018

Key Economic Indicators (2018)

GDP (Current USD)

$12.68 billion

↑ 12.17% vs 2017
GDP per Capita

$6,713.99

↑ 12.74% vs 2017
GDP Growth (Annual %)

2.88%

↑ 1.80pp vs 2017
Inflation Rate (CPI %)

1.46%

↑ 0.11pp vs 2017

Year-over-Year Comparison

Indicator 2017 2018 Change
GDP (Current USD) $11.31 billion $12.68 billion +12.17%
GDP per Capita $5,955.30 $6,713.99 +12.74%
GDP Growth (Annual %) 1.08% 2.88% +1.80pp
Inflation (CPI %) 1.35% 1.46% +0.11pp
Unemployment Rate (%) 22.86% 21.21% -1.65pp

All Economic Indicators (2018)

National Accounts
GDP (Current USD)
$12.68 billion
GDP per Capita
$6,713.99
GDP Growth (Annual %)
2.88%
Gross National Income
$12.15 billion
Prices & Employment
Inflation (CPI %)
1.46%
Inflation (GDP Deflator %)
3.93%
Unemployment Rate (%)
21.21%
Interest Rate (Real %)
2.10%
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)
0.14%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

Browse Other Years

Frequently Asked Questions

As of 2018, North Macedonia's Gross Domestic Product (GDP) is $12.68 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in North Macedonia for 2018 is $6,713.99. 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 2018 is 1.46%. This measures the annual percentage change in the cost of consumer goods and services.

North Macedonia's annual GDP growth rate for 2018 is 2.88%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in North Macedonia for 2018 is 21.21%. This represents the percentage of the labor force that is unemployed and actively seeking employment.