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2.8 Macroeconomy - North Macedonia
North Macedonia key economic figures and forecasts
2016 2017 2018 2019 2020 2021 2022
Real GDP (% yoy) 2.8 1.1 2.9 3.2 -4.5 4.0 4.2
Industrial output (% yoy) 3.4 0.2 5.4 3.7 -9.5 ?
Unemployment rate (avg, %) 22.4 20.7 17.3 16.4 ?
Producer prices (avg, % yoy) -0.1 0.5 0.3 0.9 0.8 ?
Consumer prices (avg, % yoy) -0.2 1.4 1.5 0.8 1.2 3.2 2.2
Consumer prices (eop, % yoy) -0.2 2.4 0.9 0.4 2.3 4.9 ?
General budget balance (% of GDP) -2.8 -1.1 -2.2 -8.2 -5.3 -3.9
Public debt (% of GDP) 39.4 40.4 40.7 51.4 56.5 57.5
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