[REVISION HISTORY]
North Macedonia economic indicators
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2026-10-30 17:38 UTC → 2026-10-31 19:35 UTC ·
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Economic data from North Macedonia shows growth in wages and business turnover. In August 2026, the average monthly net salary rose by 7.6 percent compared to August 2025, reaching 48,733 denars. The minimum net wage also increased to 26,046 denars in 2026. Structural business statistics for 2025 reported a total turnover of 2,226,478 million denars, generated by 428,235 employees across 70,843 business entities. This resulted in a gross added value of 522,087 million denars. While the wholesale and retail trade sector accounted for the largest turnover at 38.7 percent (860,943 million denars), it contributed only 20 percent to the total added value. The manufacturing industry was the primary driver of value creation, contributing 26.2 percent (136,790 million denars) of the total gross added value. Manufacturing also remained the largest single employer with 111,149 employees. Other significant contributors to added value included construction at 10 percent and information and communication technology at 9.2 percent. Regarding GDP, the economy grew by 3.8 percent in 2024, with 2025 projections revised upward to 3.8 percent. Prime Minister Hristijan Mickoski announced that the government has met its initial goal of a $20 billion nominal GDP and has set a new target of $22 billion. Industrial production for In the period banking sector, household deposits have risen despite inflation, reaching 7.51 billion euros as of January to September grew by 0.8 percent compared to September, an increase of approximately 310 million euros since the previous year, supported by a 4.2 percent rise in manufacturing, though start of the mining and utility sectors saw declines. year. Citizen loans have also grown to approximately 4.93 billion euros. In October 2026, the government adopted the 2027 budget, targeting fiscal consolidation. Finance Minister Gordana Dimitrieska Kocoska projected total revenues at 395.4 billion denars, a 5.7 percent increase from 2026, against estimated expenditures of 440.4 billion denars. The planned budget deficit is 45 billion denars, or 3.5 percent of the GDP. The government intends to allocate 40.8 billion denars toward capital investments.
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- 2026-10-31 19:35 UTC North Macedonia economic indicators
- 2026-10-30 17:38 UTC North Macedonia economic indicators
- 2026-10-30 14:36 UTC North Macedonia economic indicators
- 2026-10-30 10:32 UTC North Macedonia economic indicators
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