North Macedonia 2019
Detailed economic analysis and indicators for 2019
Key Economic Indicators (2019)
GDP (Current USD)
$12.61 billion
↓ 0.60% vs 2018GDP per Capita
$6,718.86
↑ 0.07% vs 2018GDP Growth (Annual %)
3.91%
↑ 1.03pp vs 2018Inflation Rate (CPI %)
0.77%
↓ 0.69pp vs 2018Year-over-Year Comparison
| Indicator | 2018 | 2019 | Change |
|---|---|---|---|
| GDP (Current USD) | $12.68 billion | $12.61 billion | -0.60% |
| GDP per Capita | $6,713.99 | $6,718.86 | +0.07% |
| GDP Growth (Annual %) | 2.88% | 3.91% | +1.03pp |
| Inflation (CPI %) | 1.46% | 0.77% | -0.69pp |
| Unemployment Rate (%) | 21.21% | 17.41% | -3.79pp |
All Economic Indicators (2019)
National Accounts
- GDP (Current USD)
- $12.61 billion
- GDP per Capita
- $6,718.86
- GDP Growth (Annual %)
- 3.91%
- Gross National Income
- $12.02 billion
Prices & Employment
- Inflation (CPI %)
- 0.77%
- Inflation (GDP Deflator %)
- 0.87%
- Unemployment Rate (%)
- 17.41%
- Interest Rate (Real %)
- 4.70%
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)
- -2.99%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2019, North Macedonia's Gross Domestic Product (GDP) is $12.61 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in North Macedonia for 2019 is $6,718.86. 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 2019 is 0.77%. This measures the annual percentage change in the cost of consumer goods and services.
North Macedonia's annual GDP growth rate for 2019 is 3.91%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in North Macedonia for 2019 is 17.41%. This represents the percentage of the labor force that is unemployed and actively seeking employment.