North Macedonia Forecast: Unemployment Rate

1996 - 2027 | Yearly | % | International Monetary Fund

Key information about North Macedonia Unemployment Rate Forecast

  • North Macedonia Unemployment Rate is forecasted to be 15.690 % in Dec 2022 as reported by International Monetary Fund
  • It records a decrease from the last reported number of 15.700 % in Dec 2021
  • Looking ahead, North Macedonia Unemployment Rate is projected to stand at 13.975 % in Dec 2027
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate

View North Macedonia's Forecast: Unemployment Rate from 1996 to 2027 in the chart:

North Macedonia Forecast: Unemployment Rate

What is North Macedonia's Forecast: Unemployment Rate in 2027?

North Macedonia Unemployment Rate is forecasted to be 15.690 % in Dec 2022 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
13.975 2027 14.178 2026 13.975 2027 37.250 2005 % yearly 1996 - 2027

Forecast: Unemployment Rate by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 10.000 2027 yearly 1980 - 2027
Algeria (%) 3.464 2027 yearly 1980 - 2027
Andorra (%) 1.675 2027 yearly 2010 - 2027
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 8.100 2027 yearly 1980 - 2027
Armenia (%) 16.500 2027 yearly 2001 - 2027
Aruba (%) 5.091 2026 yearly 1991 - 2026
Australia (%) 4.703 2027 yearly 1980 - 2027
Austria (%) 4.800 2027 yearly 1980 - 2027
Azerbaijan (%) 5.564 2027 yearly 2000 - 2027
Bahamas (%) 11.431 2027 yearly 1986 - 2027
Bahrain (%) 3.951 2027 yearly 2007 - 2027
Bangladesh (%) 0.000 yearly -
Barbados (%) 9.392 2027 yearly 1981 - 2027
Belarus (%) 3.754 2027 yearly 1993 - 2027
Belgium (%) 5.522 2027 yearly 1980 - 2027
Belize (%) 7.404 2027 yearly 1990 - 2027
Benin (%) 0.000 yearly -
Bhutan (%) 5.000 2020 yearly 2003 - 2020
Bolivia (%) 4.000 2027 yearly 2000 - 2027
Bosnia and Herzegovina (%) 15.545 2027 yearly 1995 - 2027
Botswana (%) 0.000 yearly -
Brazil (%) 10.415 2027 yearly 1991 - 2027
Brunei (%) 6.822 2027 yearly 2011 - 2027
Bulgaria (%) 4.200 2027 yearly 1989 - 2027
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 5.009 2027 yearly 1980 - 2027
Cape Verde (%) 8.500 2027 yearly 1980 - 2027
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 6.808 2027 yearly 1980 - 2027
China (%) 3.600 2027 yearly 1980 - 2027
Colombia (%) 9.490 2027 yearly 1980 - 2027
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.000 2026 yearly 1980 - 2026
Croatia (%) 6.265 2027 yearly 1991 - 2027
Cyprus (%) 5.523 2027 yearly 1982 - 2027
Czech Republic (%) 2.300 2027 yearly 1995 - 2027
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2027 yearly 1980 - 2027
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 6.000 2027 yearly 1991 - 2027
Ecuador (%) 3.644 2027 yearly 1988 - 2027
Egypt (%) 6.402 2027 yearly 1990 - 2027
El Salvador (%) 7.000 2027 yearly 1988 - 2027
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 4.828 2027 yearly 1993 - 2027
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2027 yearly 1986 - 2027
Finland (%) 6.500 2027 yearly 1980 - 2027
France (%) 7.399 2027 yearly 1980 - 2027
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 20.015 2027 yearly 1996 - 2027
Germany (%) 3.142 2027 yearly 1980 - 2027
Ghana (%) 0.000 yearly -
Greece (%) 10.610 2027 yearly 1980 - 2027
Grenada (%) 0.000 yearly -
Guatemala (%) 0.000 yearly -
Guinea (%) 0.000 yearly -
Guinea-Bissau (%) 0.000 yearly -
Guyana (%) 0.000 yearly -
Haiti (%) 0.000 yearly -
Honduras (%) 4.398 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.971 2027 yearly 1980 - 2027
Hungary (%) 3.805 2027 yearly 1980 - 2027
Iceland (%) 4.000 2027 yearly 1980 - 2027
India (%) 0.000 yearly -
Indonesia (%) 5.100 2027 yearly 1984 - 2027
Iran (%) 10.819 2027 yearly 1990 - 2027
Iraq (%) 0.000 yearly -
Ireland (%) 4.955 2027 yearly 1985 - 2027
Israel (%) 3.700 2027 yearly 1980 - 2027
Italy (%) 8.900 2027 yearly 1980 - 2027
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 7.700 2019 yearly 1980 - 2019
Japan (%) 2.400 2027 yearly 1980 - 2027
Jordan (%) 24.425 2021 yearly 1984 - 2021
Kazakhstan (%) 4.775 2027 yearly 1994 - 2027
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.597 2027 yearly 1980 - 2027
Kosovo (%) 25.700 2019 yearly 2012 - 2019
Kuwait (%) 1.276 2021 yearly 1981 - 2021
Kyrgyzstan (%) 6.605 2027 yearly 1994 - 2027
Laos (%) 0.000 yearly -
Latvia (%) 6.559 2027 yearly 1992 - 2027
Lebanon (%) 0.000 yearly -
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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North Macedonia Key Series

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Includes 274 key indicators for North Macedonia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.4 2021 yearly 1993 - 2021
Consolidated Fiscal Balance (USD mn) -750.133 2021 yearly 2009 - 2021
Tax Revenue (USD mn) 157.328 May 2022 monthly Jan 2004 - May 2022
Tax Revenue: % of GDP (%) 19.0 Mar 2022 quarterly Mar 2004 - Mar 2022
National Government Debt (USD mn) 6,781.6 Mar 2022 quarterly Dec 2009 - Mar 2022
Government Debt: % of GDP (%) 50.7 Mar 2022 quarterly Dec 2009 - Mar 2022
Forecast: Government Expenditure (MKD bn) 363.553 2027 yearly 1997 - 2027
Forecast: Government Net Debt (MKD bn) 601.149 2027 yearly 1999 - 2027
Forecast: Government Revenue (MKD bn) 331.574 2027 yearly 1997 - 2027
Central Government Budget Balance (MKD mn) 2,020.000 Apr 2022 monthly Jan 2004 - Apr 2022
Central Government Budget: Revenue: TC: Tax: VAT (MKD mn) 5,259.000 Apr 2022 monthly Jan 2004 - Apr 2022
Central Government Budget: Revenue: TC: Tax: Excises (MKD mn) 1,848.000 May 2022 monthly Jan 2004 - May 2022
Central Government Budget: Expenditure: Current (MKD mn) 19,614.000 May 2022 monthly Jan 2004 - May 2022
Central Government Budget: Expenditure (MKD mn) 20,653.000 May 2022 monthly Jan 2004 - May 2022
Central Government Budget: Revenue (MKD mn) 21,777.000 Apr 2022 monthly Jan 2004 - Apr 2022
Central Government Budget: Expenditure: Capital (MKD mn) 1,304.000 Apr 2022 monthly Jan 2004 - Apr 2022
Central Government Budget: Financing (MKD mn) 3,758.000 May 2022 monthly Jan 2004 - May 2022
Public Debt: External (EUR mn) 4,668.938 2021 yearly 1999 - 2021
Public Debt: Domestic (EUR mn) 2,466.404 2021 yearly 1999 - 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 6.147 2027 yearly 1993 - 2027
Trade Balance (USD mn) -437.5 Apr 2022 monthly Dec 1993 - Apr 2022
Total Exports (USD mn) 796.5 Mar 2022 monthly Jan 2002 - Mar 2022
Total Exports Growth (%) 0.4 Apr 2022 monthly Jan 2003 - Apr 2022
Aluminum: Exports (USD th) 3,133.165 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 107,894.373 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 1,128.578 2020 yearly 1995 - 2020
Total Imports (USD mn) 1,151.1 Mar 2022 monthly Jan 2002 - Mar 2022
Total Imports Growth (%) 10.6 Apr 2022 monthly Jan 2003 - Apr 2022
Imports: Medicament (USD th) 190,970.910 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 52,876.601 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 3.717 Apr 2022 monthly Jan 1999 - Apr 2022
Total Imports from USA (USD mn) 17.176 Apr 2022 monthly Jan 1993 - Apr 2022
Total Exports to China (USD mn) 3.960 Apr 2022 monthly Jan 1999 - Apr 2022
Total Imports from China (USD mn) 74.033 Apr 2022 monthly Aug 1996 - Apr 2022
Exports: ytd: SITC: Manufactured Goods (USD th) 547,644.867 Apr 2022 monthly Jan 2003 - Apr 2022
Exports: ytd: SITC: Food Products (USD th) 148,368.037 Apr 2022 monthly Jan 2003 - Apr 2022
Exports: ytd: SITC: Mineral Fuels and Lubricants (USD th) 89,688.448 Apr 2022 monthly Jan 2003 - Apr 2022
Exports: ytd: SITC: Beverages and Tobacco (USD th) 57,277.850 Apr 2022 monthly Jan 2003 - Apr 2022
Exports: ytd: SITC: Miscellaneous Manufactured Articles (USD th) 300,143.802 Apr 2022 monthly Jan 2003 - Apr 2022
Exports: Kosovo (USD th) 38,554.617 Apr 2022 monthly Jan 2013 - Apr 2022
Exports: Germany (USD th) 302,471.959 Apr 2022 monthly Jan 2013 - Apr 2022
Exports: Czech Republic (USD th) 12,506.633 Apr 2022 monthly Jan 2013 - Apr 2022
Exports: USA (USD th) 3,716.782 Apr 2022 monthly Jan 2013 - Apr 2022
Exports: Bulgaria (USD th) 36,855.799 Apr 2022 monthly Jan 2013 - Apr 2022
Imports: ytd: SITC: Machinery and Transport Equipment (USD th) 775,103.665 Apr 2022 monthly Jan 2003 - Apr 2022
Imports: ytd: SITC: Mineral Fuels and Lubricants (USD th) 860,499.347 Apr 2022 monthly Jan 2003 - Apr 2022
Imports: ytd: SITC: Manufactured Goods (USD th) 1,426,355.662 Apr 2022 monthly Jan 2003 - Apr 2022
Imports: ytd: SITC: Chemical Products (USD th) 597,832.139 Apr 2022 monthly Jan 2003 - Apr 2022
Imports: ytd: SITC: Food Products (USD th) 300,543.841 Apr 2022 monthly Jan 2003 - Apr 2022
Imports: Greece (USD th) 120,534.144 Apr 2022 monthly Jan 2013 - Apr 2022
Imports: Great Britain (USD th) 211,782.446 Apr 2022 monthly Jan 2013 - Apr 2022
Imports: Germany (USD th) 91,357.867 Apr 2022 monthly Jan 2013 - Apr 2022
Imports: USA (USD th) 17,176.474 Apr 2022 monthly Jan 2013 - Apr 2022
Imports: China (USD th) 74,033.168 Apr 2022 monthly Jan 2013 - Apr 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 124.0 Mar 2022 monthly Jan 2001 - Mar 2022
Current Account Balance (USD mn) -141.7 Mar 2022 monthly Jan 2001 - Mar 2022
Current Account Balance: % of GDP (%) -13.4 Mar 2022 quarterly Mar 2000 - Mar 2022
Foreign Direct Investment (USD mn) 176.0 Mar 2022 monthly Jan 2001 - Mar 2022
Foreign Direct Investment: % of GDP (%) 17.3 Mar 2022 quarterly Mar 2000 - Mar 2022
Foreign Portfolio Investment (USD mn) -29.801 Mar 2022 quarterly Mar 1998 - Mar 2022
Foreign Portfolio Investment: % of GDP (%) -0.9 Mar 2022 quarterly Mar 2000 - Mar 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -2.2 Mar 2022 quarterly Mar 1996 - Mar 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 6.539 Dec 2021 quarterly Mar 1998 - Dec 2021
External Debt (USD mn) 11,100.2 Mar 2022 quarterly Dec 2005 - Mar 2022
External Debt: % of GDP (%) 81.4 2021 yearly 2004 - 2021
External Debt: Short Term (USD mn) 2,933.5 Mar 2022 quarterly Dec 2005 - Mar 2022
External Debt: Short Term: % of GDP (%) 18.2 2021 yearly 2004 - 2021
Total Debt: % of GDP (%) 349.7 2020 yearly 2013 - 2020
Forecast: Current Account Balance (USD bn) -0.508 2027 yearly 1992 - 2027
Net International Investment Position (USD mn) -8,665.521 Mar 2022 quarterly Dec 2006 - Mar 2022
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) -20.028 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: FA: Reserve Assets (USD mn) -114.445 Mar 2022 monthly Jan 2001 - Mar 2022
Balance of Payments (BoP): Current Account (CA) (USD mn) -141.746 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: CA: PI: Credit (USD mn) 11.631 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: CA: GS: Goods (USD mn) -329.773 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) -451.422 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: CA: GS: Services (USD mn) 70.895 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: Net Errors & Omissions (USD mn) 7.663 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: CA: Debit (USD mn) 1,220.520 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: Capital Account: Credit (USD mn) 0.025 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: Financial Account (FA) (USD mn) -134.058 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: CA: GS: Services: Debit (USD mn) 121.460 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: CA: SI: Credit (USD mn) 181.288 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: FA: Financial Derivatives & Employee Stock Options: excl Reserves (USD mn) 0.000 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: CA: PI: Debit (USD mn) 61.134 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: CA: Secondary Income (SI) (USD mn) 166.635 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: FA: Direct Investment (DI) (USD mn) -51.945 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: CA: GS: Goods: Debit (USD mn) 1,023.273 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: CA: SI: Debit (USD mn) 14.653 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: CA: Credit (USD mn) 1,078.774 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) -0.407 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: Capital Account (USD mn) 0.025 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: CA: GS: Services: Credit (USD mn) 192.356 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 175.969 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: CA: Primary Income (PI) (USD mn) -49.503 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) -438.711 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 124.024 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: FA: Portfolio Investment (PI) (USD mn) 19.621 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: FA: Other Investment (OI) (USD mn) 12.711 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: Capital Account: Debit (USD mn) 0.000 Mar 2022 monthly Jan 2001 - Mar 2022
BoP: CA: GS: Goods: Credit (USD mn) 693.500 Mar 2022 monthly Jan 2001 - Mar 2022
Gross External Debt: GG: Short Term (ST) (EUR mn) 0.000 Dec 2021 quarterly Mar 2006 - Dec 2021
Gross External Debt: GG: Long Term (LT) (EUR mn) 3,249.880 Mar 2022 quarterly Mar 2006 - Mar 2022
Gross External Debt: Memorandum Items (MI): Public (EUR mn) 4,589.238 Mar 2022 quarterly Mar 2006 - Mar 2022
Gross External Debt: MI: Private (EUR mn) 5,387.589 Mar 2022 quarterly Mar 2006 - Mar 2022
Foreign Direct Investment (FDI): Flow (USD mn) 62.612 Mar 2022 monthly Jan 2007 - Mar 2022
FDI: Flow: NACE 2: Services (EUR mn) 43.917 Dec 2021 quarterly Mar 2009 - Dec 2021
FDI: Flow: NACE 2: Agriculture, Forestry & Fishing (EUR mn) 15.995 Mar 2022 quarterly Mar 2009 - Mar 2022
FDI: Flow: NACE 2: Mining & Quarrying (EUR mn) -10.235 Mar 2022 quarterly Mar 2009 - Mar 2022
FDI: Flow: NACE 2: Construction (EUR mn) 5.563 Mar 2022 quarterly Mar 2009 - Mar 2022
FDI: Flow: NACE 2: Manufacturing (EUR mn) 6.786 Mar 2022 quarterly Mar 2009 - Mar 2022
FDI: Flow: United Kingdom (EUR mn) -58.210 Mar 2022 quarterly Mar 2008 - Mar 2022
FDI: Flow: United States of America (EUR mn) 3.240 Mar 2022 quarterly Mar 2008 - Mar 2022
FDI: Flow: Austria (EUR mn) 27.984 Mar 2022 quarterly Mar 2008 - Mar 2022
FDI: Flow: Turkey (EUR mn) 7.993 Mar 2022 quarterly Mar 2008 - Mar 2022
FDI: Flow: Belgium (EUR mn) -16.834 Mar 2022 quarterly Mar 2008 - Mar 2022
No of Enterprises: New (Unit) 7,785.000 2019 yearly 2004 - 2019
No of Enterprises (Unit) 73,030.000 2019 yearly 2004 - 2019
No of Enterprises: Out of Business (Unit) 4,660.000 2018 yearly 2004 - 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Mar 2022 quarterly Dec 2005 - Mar 2022
Household Debt: % of GDP (%) 27.4 Mar 2022 quarterly Mar 2003 - Mar 2022
Non-Performing Loans (USD mn) 219.493 Mar 2022 quarterly Dec 2005 - Mar 2022
Money Supply M1 (USD mn) 3,645.828 May 2022 monthly Jan 2003 - May 2022
Money Supply M2 (USD mn) 7,214.955 May 2022 monthly Jan 2003 - May 2022
M2 Growth (%) 4.7 May 2022 monthly Jan 2004 - May 2022
Reserve Requirement Ratio (%) 8.0 May 2022 monthly Jan 2004 - May 2022
Foreign Exchange Reserves (USD mn) 3,006.5 May 2022 monthly Dec 1993 - May 2022
Foreign Exchange Reserves: % of GDP (%) 23.946 Mar 2022 quarterly Dec 2000 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 2.5 Apr 2022 monthly Jan 2002 - Apr 2022
Gold Reserves (USD mn) 410.787 May 2022 monthly Dec 1992 - May 2022
Total Deposits (USD mn) 7,909.442 May 2022 monthly Jan 2003 - May 2022
Total Deposits Growth (%) 2.4 May 2022 monthly Jan 2004 - May 2022
Domestic Credit (USD mn) 8,150.1 May 2022 monthly Jan 2003 - May 2022
Domestic Credit Growth (%) 21.9 May 2022 monthly Jan 2004 - May 2022
Household Debt (USD mn) 3,608.4 May 2022 monthly Jan 2003 - May 2022
Total Loans (USD mn) 7,040.697 May 2022 monthly Jan 2003 - May 2022
Total Loans Growth (%) 9.88 May 2022 monthly Jan 2004 - May 2022
Private Debt: % of Nominal GDP (%) 52.83 Mar 2022 quarterly Mar 2009 - Mar 2022
Official Reserve Assets: Foreign Currency (EUR mn) 2,801.705 May 2022 monthly Jan 2005 - May 2022
Official Reserve Assets (EUR mn) 3,240.209 Apr 2022 monthly Jan 2005 - Apr 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -4.8 May 2022 monthly Apr 2002 - May 2022
Business Survey: Manufacturing (Mfg): Present Business Situation (%) 24.100 May 2022 monthly Apr 2001 - May 2022

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