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Country profile

North Macedonia

MKD · Europe & Central Asia · Upper middle income

49.5MERI readiness
37Global rank
17BGDP (2024)
1.8MPopulation (2024)

Key macro indicators

IndicatorYearValueSource
GDP (current USD)
NY.GDP.MKTP.CD · current USD		202416,951,682,245.4WDI
GDP growth (annual %)
NY.GDP.MKTP.KD.ZG · percent		20243WDI
Inflation, consumer prices (annual %)
FP.CPI.TOTL.ZG · percent		20243.5WDI
Real GDP growth
NGDP_RPCH · percent		20283IMF_WEO
Population, total
SP.POP.TOTL · people		20241,824,359WDI

GDP time series

2013 · 2014 · 2015 · 2016 · 2017 · 2018 · 2019 · 2020 · 2021 · 2022 · 2023 · 2024

MERI breakdown

  • Percentile 66.4
  • Coverage 100%
  • Imputed 1
  • Missing 0
PillarScore
Biz Entry
Components		90.8
Contract Enf
Components		61.1
Corruption
Components		40
Digital Infra
Components		33.3
FDIRRI
Components		4.3
Fin Access
Components		21.5
Human Cap
Components		75.2
IP Protect
Components		43.9
Labor
Components		57.8
LPI
Components		55.7
Security Rol
Components		43.9
Trade Open
Components		65.4
Data Confidence Score93
Market Infrastructure
Pillars		44
Regulatory Institutional
Pillars		50.9
Talent Operating
Pillars		54.2

Governance signals

Control of Corruption

CC.EST · 2024 · WGI

-0.3
Corruption Perceptions Index

TI.CPI.SCORE · 2025 · TI_CPI

40
Government Effectiveness

GE.EST · 2024 · WGI

-0
Political Stability

PV.EST · 2024 · WGI

0.2
Regulatory Quality

RQ.EST · 2024 · WGI

0.3
Rule of Law

RL.EST · 2024 · WGI

-0.2
Voice and Accountability

VA.EST · 2024 · WGI

0.1

Source attribution

Sources represented in this country profile.

8 sources

IMF_WEO

International Monetary Fund · 6 indicators

IMF Terms of Use

SourceLicense

IMF_FAS

International Monetary Fund · 2 indicators

IMF Terms of Use

SourceLicense

SOVEREIGN_RATINGS

Manual bridge · 2 indicators

Manual Source Terms

TI_CPI

Transparency International · 2 indicators

Transparency International Terms

SourceLicense

Full indicator table

Latest value per indicator with source and license hints.

74 rows
IndicatorCategoryYearValueSourceLicense
Domestic credit to private sector
FS.AST.PRVT.GD.ZS		finance202453.9WDICC BY 4.0
General government net lending/borrowing
GGXCNL_NGDP		fiscal2028-3.6IMF_WEOIMF Terms of Use
Control of Corruption
CC.EST		governance2024-0.3WGICC BY 4.0
Corruption Perceptions Index
TI.CPI.SCORE		governance202540TI_CPITransparency International Terms
Government Effectiveness
GE.EST		governance2024-0WGICC BY 4.0
Political Stability
PV.EST		governance20240.2WGICC BY 4.0
Regulatory Quality
RQ.EST		governance20240.3WGICC BY 4.0
Rule of Law
RL.EST		governance2024-0.2WGICC BY 4.0
Voice and Accountability
VA.EST		governance20240.1WGICC BY 4.0
Access to electricity (%)
EG.ELC.ACCS.ZS		infra2023100WDICC BY 4.0
Fixed broadband subscriptions
IT.NET.BBND.P2		infra202429.9WDICC BY 4.0
Logistics Performance Index
LP.LPI.OVRL.XQ		infra20223.1WDICC BY 4.0
Mobile cellular subscriptions
IT.CEL.SETS.P2		infra2024108.4WDICC BY 4.0
B2B postal delivery time, IQR
LPI2.B2B_IQR		logistics202413.2LPI2Modified BSD3
B2B postal delivery time, mean
LPI2.B2B_MEAN		logistics20248.6LPI2Modified BSD3
B2B postal delivery time, median
LPI2.B2B_MEDIAN		logistics20246LPI2Modified BSD3
B2C postal delivery time, IQR
LPI2.B2C_IQR		logistics20244.8LPI2Modified BSD3
B2C postal delivery time, mean
LPI2.B2C_MEAN		logistics20244.7LPI2Modified BSD3
B2C postal delivery time, median
LPI2.B2C_MEDIAN		logistics20242.1LPI2Modified BSD3
Corridor lead time from port exit to destination for LLDC, mean
LPI2.CORRIDOR_LT_DAYS		logistics20244.8LPI2Modified BSD3
Dwell time at destination for LLDC, mean
LPI2.DT_DESTINATION_DAYS		logistics20247.7LPI2Modified BSD3
Dwell time at port of arrival for LLDC container, mean
LPI2.DT_PORT_DAYS		logistics20246.2LPI2Modified BSD3
Postal connectivity B2B - number of partner countries
LPI2.B2B_CONN		logistics202461.5LPI2Modified BSD3
Postal connectivity B2C - number of partner countries
LPI2.B2C_CONN		logistics202458LPI2Modified BSD3
Reference container import dwell time at port of arrival, mean
LPI2.DT_TRANSIT_DAYS		logistics20244.6LPI2Modified BSD3
Current account balance
BCA_NGDPD		macro2028-3.4IMF_WEOIMF Terms of Use
Current account balance (% of GDP)
BN.CAB.XOKA.GD.ZS		macro2024-2.1WDICC BY 4.0
GDP (current USD)
NY.GDP.MKTP.CD		macro202416,951,682,245.4WDICC BY 4.0
GDP growth (annual %)
NY.GDP.MKTP.KD.ZG		macro20243WDICC BY 4.0
GDP per capita (current USD)
NY.GDP.PCAP.CD		macro20249,291.9WDICC BY 4.0
Inflation, consumer prices (annual %)
FP.CPI.TOTL.ZG		macro20243.5WDICC BY 4.0
Inflation rate
PCPIPCH		macro20283.2IMF_WEOIMF Terms of Use
Military expenditure (% of GDP)
MS.MIL.XPND.GD.ZS		macro20242.1WDICC BY 4.0
Official exchange rate
PA.NUS.FCRF		macro202456.9WDICC BY 4.0
Real GDP growth
NGDP_RPCH		macro20283IMF_WEOIMF Terms of Use
Total reserves (months of imports)
FI.RES.TOTL.MO		macro20244.6WDICC BY 4.0
Unemployment (% of labor force)
SL.UEM.TOTL.ZS		macro202512.3WDICC BY 4.0
Demographic and Urbanization Momentum
DEMOGRAPHICS		meri_opportunity202448.5WDICC BY 4.0
GDP Growth Trajectory
GDP_GROWTH		meri_opportunity20288.6IMF_WEOIMF Terms of Use
Import Demand
IMPORT_DEMAND		meri_opportunity202446.5WDICC BY 4.0
ATMs per 100,000 adults
FAS.ATMS_PER_100K		meri_readiness202469.8IMF_FASIMF Terms of Use
Basic Digital Infrastructure
DIGITAL_INFRA		meri_readiness202433.3WDICC BY 4.0
B-READY Business Entry score
B_READY.BUSINESS_ENTRY		meri_readiness202588.3B_READYWorld Bank Terms
B-READY Dispute Resolution score
B_READY.DISPUTE_RESOLUTION		meri_readiness202553.3B_READYWorld Bank Terms
B-READY International Trade score
B_READY.TRADE		meri_readiness202564.6B_READYWorld Bank Terms
B-READY Labor score
B_READY.LABOR		meri_readiness202574B_READYWorld Bank Terms
Commercial bank branches per 100,000 adults
FAS.BRANCHES_PER_100K		meri_readiness202425.3IMF_FASIMF Terms of Use
Contract Enforcement Reliability
CONTRACT_ENF		meri_readiness202553.3B_READYWorld Bank Terms
Corruption Risk
CORRUPTION		meri_readiness202540TI_CPITransparency International Terms
Financial System Accessibility
FIN_ACCESS		meri_readiness202421.5WDICC BY 4.0
Foreign Ownership Restrictions
FDIRRI		meri_readiness202495.7OECDOECD Terms and Conditions
General Business Entry Friction
BIZ_ENTRY		meri_readiness202588.3B_READYWorld Bank Terms
HDI Education sub-index
HDI.EDUCATION_INDEX		meri_readiness20230.8UNDP_HDIUNDP Terms
Hiring and Workforce Availability
LABOR		meri_readiness202559.4WDICC BY 4.0
Human Capital Quality
HUMAN_CAP		meri_readiness202575.2UNDP_HDIUNDP Terms
Intellectual Property Protection
IP_PROTECT		meri_readiness202443.9WGICC BY 4.0
Logistics Performance
LPI		meri_readiness202555.7LPI2Modified BSD3
Personal Security and Rule of Law
SECURITY_ROL		meri_readiness202443.9WGICC BY 4.0
Trade Openness
TRADE_OPEN		meri_readiness202564.6B_READYWorld Bank Terms
Inflation Stability
INFL_STAB		meri_risk202890.4IMF_WEOIMF Terms of Use
Sovereign credit rating score
RATING.SOV_CREDIT_SCORE		meri_risk202640SOVEREIGN_RATINGSManual Source Terms
Sovereign Credit Risk
SOV_CREDIT		meri_risk202640SOVEREIGN_RATINGSManual Source Terms
Age dependency ratio
SP.POP.DPND		social202453.5WDICC BY 4.0
Labor force participation rate
SL.TLF.CACT.ZS		social202551.9WDICC BY 4.0
Life expectancy at birth
SP.DYN.LE00.IN		social202476.6WDICC BY 4.0
Population growth (annual %)
SP.POP.GROW		social2024-0.2WDICC BY 4.0
Population, total
SP.POP.TOTL		social20241,824,359WDICC BY 4.0
Urban population (% of total)
SP.URB.TOTL.IN.ZS		social202462.6WDICC BY 4.0
FDI net inflows (% of GDP)
BX.KLT.DINV.WD.GD.ZS		trade20246.2WDICC BY 4.0
High-technology exports (% of manufactured)
TX.VAL.TECH.MF.ZS		trade20246.4WDICC BY 4.0
Merchandise exports (current USD)
TX.VAL.MRCH.CD.WT		trade20248,422,000,000WDICC BY 4.0
Merchandise imports (current USD)
TM.VAL.MRCH.CD.WT		trade202411,966,000,000WDICC BY 4.0
Tariff rate, applied, simple mean
TM.TAX.MRCH.SM.AR.ZS		trade20223.7WDICC BY 4.0
Trade (% of GDP)
NE.TRD.GNFS.ZS		trade2024136.3WDICC BY 4.0
North Macedonia Market Profile | Aperture