North Macedonia 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$16.15 billion
↑ 2.44% vs 2023GDP per Capita
$8,834.65
↑ 2.44% vs 2023GDP Growth (Annual %)
2.44%
↑ 0.37pp vs 2023Inflation Rate (CPI %)
3.49%
↓ 5.87pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $15.76 billion | $16.15 billion | +2.44% |
| GDP per Capita | $8,624.29 | $8,834.65 | +2.44% |
| GDP Growth (Annual %) | 2.07% | 2.44% | +0.37pp |
| Inflation (CPI %) | 9.36% | 3.49% | -5.87pp |
| Unemployment Rate (%) | 13.17% | 13.42% | +0.24pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $16.15 billion
- GDP per Capita
- $8,834.65
- GDP Growth (Annual %)
- 2.44%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 3.49%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 13.42%
- Interest Rate (Real %)
- N/A
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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, North Macedonia's Gross Domestic Product (GDP) is $16.15 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in North Macedonia for 2024 is $8,834.65. 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 2024 is 3.49%. This measures the annual percentage change in the cost of consumer goods and services.
North Macedonia's annual GDP growth rate for 2024 is 2.44%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in North Macedonia for 2024 is 13.42%. This represents the percentage of the labor force that is unemployed and actively seeking employment.