North Macedonia 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$14.00 billion
↑ 13.26% vs 2020GDP per Capita
$7,620.80
↑ 14.43% vs 2020GDP Growth (Annual %)
4.51%
↑ 9.20pp vs 2020Inflation Rate (CPI %)
3.23%
↑ 2.03pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $12.36 billion | $14.00 billion | +13.26% |
| GDP per Capita | $6,659.60 | $7,620.80 | +14.43% |
| GDP Growth (Annual %) | -4.69% | 4.51% | +9.20pp |
| Inflation (CPI %) | 1.20% | 3.23% | +2.03pp |
| Unemployment Rate (%) | 16.58% | 15.80% | -0.77pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $14.00 billion
- GDP per Capita
- $7,620.80
- GDP Growth (Annual %)
- 4.51%
- Gross National Income
- $13.39 billion
Prices & Employment
- Inflation (CPI %)
- 3.23%
- Inflation (GDP Deflator %)
- 4.29%
- Unemployment Rate (%)
- 15.80%
- Interest Rate (Real %)
- 0.55%
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)
- -2.68%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, North Macedonia's Gross Domestic Product (GDP) is $14.00 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in North Macedonia for 2021 is $7,620.80. 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 2021 is 3.23%. This measures the annual percentage change in the cost of consumer goods and services.
North Macedonia's annual GDP growth rate for 2021 is 4.51%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in North Macedonia for 2021 is 15.80%. This represents the percentage of the labor force that is unemployed and actively seeking employment.