North Macedonia Forecast: Unemployment Rate

1996 - 2030 | Yearly | % | International Monetary Fund

Key information about North Macedonia Unemployment Rate Forecast

  • North Macedonia Unemployment Rate is forecasted to be 12.700 % in Dec 2026 as reported by International Monetary Fund
  • It records a decrease from the last reported number of 12.841 % in Dec 2025
  • Looking ahead, North Macedonia Unemployment Rate is projected to stand at 12.100 % in Dec 2030
  • 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 2030 in the chart:

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North Macedonia Forecast: Unemployment Rate
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North Macedonia Forecast: Unemployment Rate

What is North Macedonia's Forecast: Unemployment Rate in 2030?

North Macedonia Unemployment Rate is forecasted to be 12.700 % in Dec 2026 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
12.100 2030 12.200 2029 12.100 2030 37.250 2005 % yearly 1996 - 2030

Forecast: Unemployment Rate by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 8.800 2030 yearly 1980 - 2030
Algeria (%) 11.383 2019 yearly 1980 - 2019
Andorra (%) 2.000 2030 yearly 2010 - 2030
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 6.000 2030 yearly 1980 - 2030
Armenia (%) 14.000 2030 yearly 2001 - 2030
Aruba (%) 4.823 2030 yearly 1986 - 2030
Australia (%) 4.452 2030 yearly 1980 - 2030
Austria (%) 5.179 2028 yearly 1980 - 2028
Azerbaijan (%) 5.041 2030 yearly 2000 - 2030
Bahamas (%) 9.029 2030 yearly 1986 - 2030
Bahrain (%) 5.900 2024 yearly 2007 - 2024
Bangladesh (%) 0.000 yearly -
Barbados (%) 7.675 2030 yearly 1981 - 2030
Belarus (%) 2.889 2030 yearly 1993 - 2030
Belgium (%) 5.800 2030 yearly 1980 - 2030
Belize (%) 2.600 2030 yearly 1990 - 2030
Benin (%) 0.000 yearly -
Bhutan (%) 3.500 2023 yearly 2003 - 2023
Bolivia (%) 5.100 2026 yearly 2000 - 2026
Bosnia and Herzegovina (%) 13.200 2030 yearly 1995 - 2030
Botswana (%) 0.000 yearly -
Brazil (%) 7.400 2030 yearly 1991 - 2030
Brunei (%) 4.900 2030 yearly 2011 - 2030
Bulgaria (%) 4.000 2030 yearly 1989 - 2030
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 6.007 2030 yearly 1980 - 2030
Cape Verde (%) 8.500 2030 yearly 1980 - 2030
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.500 2030 yearly 1980 - 2030
China (%) 5.100 2030 yearly 2017 - 2030
Colombia (%) 9.400 2030 yearly 1980 - 2030
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 8.500 2030 yearly 1980 - 2030
Croatia (%) 5.244 2030 yearly 1991 - 2030
Cyprus (%) 4.962 2030 yearly 1982 - 2030
Czech Republic (%) 2.300 2028 yearly 1995 - 2028
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2028 yearly 1980 - 2028
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 5.000 2030 yearly 1991 - 2030
Ecuador (%) 3.500 2030 yearly 1988 - 2030
Egypt (%) 7.707 2030 yearly 1990 - 2030
El Salvador (%) 5.216 2030 yearly 1988 - 2030
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 6.539 2030 yearly 1993 - 2030
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2030 yearly 1986 - 2030
Finland (%) 7.100 2028 yearly 1980 - 2028
France (%) 6.663 2028 yearly 1980 - 2028
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 13.900 2030 yearly 1996 - 2030
Germany (%) 2.963 2028 yearly 1980 - 2028
Ghana (%) 0.000 yearly -
Greece (%) 9.000 2028 yearly 1980 - 2028
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 (%) 8.000 2030 yearly 1980 - 2030
Hong Kong SAR, China (%) 2.910 2030 yearly 1980 - 2030
Hungary (%) 3.800 2030 yearly 1980 - 2030
Iceland (%) 4.000 2030 yearly 1980 - 2030
India (%) 0.000 yearly -
Indonesia (%) 5.000 2030 yearly 1984 - 2030
Iran (%) 9.000 2030 yearly 1990 - 2030
Iraq (%) 0.000 yearly -
Ireland (%) 4.507 2028 yearly 1985 - 2028
Israel (%) 3.933 2030 yearly 1980 - 2030
Italy (%) 8.250 2028 yearly 1980 - 2028
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 4.175 2024 yearly 1980 - 2024
Japan (%) 2.300 2028 yearly 1980 - 2028
Jordan (%) 21.975 2023 yearly 1984 - 2023
Kazakhstan (%) 4.407 2030 yearly 1994 - 2030
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 2.800 2030 yearly 1980 - 2030
Kosovo (%) 10.875 2023 yearly 2012 - 2023
Kuwait (%) 2.200 2028 yearly 2002 - 2028
Kyrgyzstan (%) 3.983 2030 yearly 1994 - 2030
Laos (%) 0.000 yearly -
Latvia (%) 6.394 2030 yearly 1992 - 2030
Lebanon (%) 11.543 2023 yearly 1991 - 2023
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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North Macedonia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.6 2024 yearly 1993 - 2024
Consolidated Fiscal Balance (USD mn) -764.028 2024 yearly 2009 - 2024
Tax Revenue (USD mn) 302.270 Sep 2025 monthly Jan 2004 - Sep 2025
Tax Revenue: % of GDP (%) 18.4 Jun 2025 quarterly Mar 2004 - Jun 2025
National Government Debt (USD mn) 10,002.3 Jun 2025 quarterly Dec 2009 - Jun 2025
Government Debt: % of GDP (%) 53.4 Jun 2025 quarterly Dec 2009 - Jun 2025
Forecast: Government Expenditure (MKD bn) 502.991 2030 yearly 1997 - 2030
Forecast: Government Net Debt (MKD bn) 752.318 2030 yearly 1999 - 2030
Forecast: Government Revenue (MKD bn) 468.709 2030 yearly 1997 - 2030
Central Government Budget: Financing (MKD mn) -2,413.000 Oct 2025 monthly Jan 2004 - Oct 2025
Central Government Budget Balance (MKD mn) 2,413.000 Oct 2025 monthly Jan 2004 - Oct 2025
Central Government Budget: Expenditure: Capital (MKD mn) 1,177.000 Oct 2025 monthly Jan 2004 - Oct 2025
Central Government Budget: Revenue: TC: Tax: Excises (MKD mn) 2,364.000 Jan 2025 monthly Jan 2004 - Jan 2025
Central Government Budget: Revenue: TC: Tax: VAT (MKD mn) 6,278.000 Jan 2025 monthly Jan 2004 - Jan 2025
Central Government Budget: Expenditure: Current (MKD mn) 25,572.000 Jan 2025 monthly Jan 2004 - Jan 2025
Central Government Budget: Revenue (MKD mn) 24,547.000 Feb 2025 monthly Jan 2004 - Feb 2025
Central Government Budget: Expenditure (MKD mn) 26,019.000 Jan 2025 monthly Jan 2004 - Jan 2025
Public Debt: Domestic (EUR mn) 3,800.301 2024 yearly 1999 - 2024
Public Debt: External (EUR mn) 5,825.057 2024 yearly 1999 - 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.913 2028 yearly 1993 - 2028
Trade Balance (USD mn) -297.3 Sep 2025 monthly Dec 1993 - Sep 2025
Total Exports (USD mn) 821.7 Sep 2025 monthly Jan 2002 - Sep 2025
Total Exports Growth (%) 10.3 Sep 2025 monthly Jan 2003 - Sep 2025
Aluminum: Exports (USD th) 2,950.942 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 173,759.623 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 2,463.067 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,119.0 Sep 2025 monthly Jan 2002 - Sep 2025
Total Imports Growth (%) 16.6 Sep 2025 monthly Jan 2003 - Sep 2025
Imports: Medicament (USD th) 226,116.306 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 80,622.846 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 19.634 Sep 2025 monthly Jan 1999 - Sep 2025
Total Imports from USA (USD mn) 26.128 Sep 2025 monthly Jan 1993 - Sep 2025
Total Exports to China (USD mn) 6.817 Sep 2025 monthly Jan 1999 - Sep 2025
Total Imports from China (USD mn) 121.698 Sep 2025 monthly Aug 1996 - Sep 2025
Exports: Kosovo (USD th) 24,340.139 Jan 2025 monthly Jan 2013 - Jan 2025
Exports: Germany (USD th) 228,358.760 Jan 2025 monthly Jan 2013 - Jan 2025
Exports: Bulgaria (USD th) 40,214.420 Jan 2025 monthly Jan 2013 - Jan 2025
Exports: China (USD th) 1,133.940 Jan 2025 monthly Jan 2013 - Jan 2025
Exports: Czech Republic (USD th) 24,193.187 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: Greece (USD th) 88,550.137 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: Great Britain (USD th) 119,940.274 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: China (USD th) 90,255.212 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: USA (USD th) 12,417.012 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: Germany (USD th) 77,042.170 Jan 2025 monthly Jan 2013 - Jan 2025
Import Value Index (2015=100) 177.142 2021 yearly 1995 - 2021
Export Value Index (2015=100) 180.473 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 62.4 Sep 2025 monthly Jan 2001 - Sep 2025
Current Account Balance (USD mn) 37.6 Sep 2025 monthly Jan 2001 - Sep 2025
Current Account Balance: % of GDP (%) -4.7 Jun 2025 quarterly Mar 2000 - Jun 2025
Foreign Direct Investment (USD mn) 68.0 Sep 2025 monthly Jan 2001 - Sep 2025
Foreign Direct Investment: % of GDP (%) 6.1 Jun 2025 quarterly Mar 2000 - Jun 2025
Foreign Portfolio Investment (USD mn) -50.418 Sep 2025 quarterly Mar 1998 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) -0.1 Jun 2025 quarterly Mar 2000 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 4.4 Jun 2025 quarterly Mar 1996 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -6.797 Jun 2025 quarterly Mar 1998 - Jun 2025
External Debt (USD mn) 14,231.3 Jun 2025 quarterly Dec 2005 - Jun 2025
External Debt: % of GDP (%) 79.2 2024 yearly 2004 - 2024
External Debt: Short Term (USD mn) 3,590.4 Jun 2025 quarterly Dec 2005 - Jun 2025
External Debt: Short Term: % of GDP (%) 19.4 2024 yearly 2004 - 2024
Total Debt: % of GDP (%) 335.0 2023 yearly 2013 - 2023
Forecast: Current Account Balance (USD bn) -0.535 2030 yearly 1992 - 2030
Net International Investment Position (USD mn) -10,514.150 Jun 2025 quarterly Dec 2006 - Jun 2025
BoP: CA: Primary Income (PI) (USD mn) -79.761 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: SI: Credit (USD mn) 331.474 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Services (USD mn) 83.792 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: Net Errors & Omissions (USD mn) -2.908 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: Credit (USD mn) 1,395.912 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: Financial Derivatives & Employee Stock Options: excl Reserves (USD mn) 0.000 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: Debit (USD mn) 1,358.268 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: Capital Account: Credit (USD mn) 0.048 Sep 2025 monthly Jan 2001 - Sep 2025
Balance of Payments (BoP): Current Account (CA) (USD mn) 37.644 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Services: Credit (USD mn) 318.824 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: Other Investment (OI) (USD mn) 102.630 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Services: Debit (USD mn) 235.032 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) -7.355 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Goods (USD mn) -273.325 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Goods: Credit (USD mn) 722.681 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) -70.812 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 62.437 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: Direct Investment (DI) (USD mn) -5.595 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Goods: Debit (USD mn) 996.007 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: Capital Account (USD mn) -0.127 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) -65.253 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 68.032 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: SI: Debit (USD mn) 24.535 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: Capital Account: Debit (USD mn) 0.176 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: Reserve Assets (USD mn) -120.323 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: PI: Credit (USD mn) 22.932 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: Secondary Income (SI) (USD mn) 306.939 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: PI: Debit (USD mn) 102.693 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) 31.817 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: Portfolio Investment (PI) (USD mn) 57.897 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: Financial Account (FA) (USD mn) 34.609 Sep 2025 monthly Jan 2001 - Sep 2025
Gross External Debt: GG: Long Term (LT) (EUR mn) 3,796.950 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: GG: Short Term (ST) (EUR mn) 0.050 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: Memorandum Items (MI): Public (EUR mn) 5,731.129 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: MI: Private (EUR mn) 6,143.841 Jun 2024 quarterly Mar 2006 - Jun 2024
FDI: Flow: Austria (EUR mn) -17.989 Sep 2025 quarterly Mar 2008 - Sep 2025
FDI: Flow: Belgium (EUR mn) 6.312 Sep 2025 quarterly Mar 2008 - Sep 2025
FDI: Flow: Turkey (EUR mn) 23.857 Sep 2025 quarterly Mar 2008 - Sep 2025
FDI: Flow: United States of America (EUR mn) 3.050 Sep 2025 quarterly Mar 2008 - Sep 2025
FDI: Flow: United Kingdom (EUR mn) -13.903 Sep 2025 quarterly Mar 2008 - Sep 2025
FDI: Flow: NACE 2: Agriculture, Forestry & Fishing (EUR mn) 6.334 Sep 2025 quarterly Mar 2009 - Sep 2025
FDI: Flow: NACE 2: Mining & Quarrying (EUR mn) 5.554 Sep 2025 quarterly Mar 2009 - Sep 2025
FDI: Flow: NACE 2: Manufacturing (EUR mn) -45.634 Sep 2025 quarterly Mar 2009 - Sep 2025
FDI: Flow: NACE 2: Construction (EUR mn) 23.826 Sep 2025 quarterly Mar 2009 - Sep 2025
FDI: Flow: NACE 2: Services (EUR mn) -25.282 Sep 2025 quarterly Mar 2009 - Sep 2025
Foreign Direct Investment (FDI): Flow (USD mn) 21.374 Sep 2025 monthly Jan 2007 - Sep 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.3 Jun 2025 quarterly Dec 2005 - Jun 2025
Household Debt: % of GDP (%) 26.8 Jun 2025 quarterly Mar 2003 - Jun 2025
Non-Performing Loans (USD mn) 243.945 Jun 2025 quarterly Dec 2005 - Jun 2025
Money Supply M1 (USD mn) 5,784.185 Oct 2025 monthly Jan 2003 - Oct 2025
Money Supply M2 (USD mn) 10,145.943 Oct 2025 monthly Jan 2003 - Oct 2025
M2 Growth (%) 11.8 Oct 2025 monthly Jan 2004 - Oct 2025
Reserve Requirement Ratio (%) 8.0 Nov 2025 monthly Jan 2004 - Nov 2025
Foreign Exchange Reserves (USD mn) 4,696.2 Oct 2025 monthly Dec 1993 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 25.584 Jun 2025 quarterly Dec 2000 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 4.2 Sep 2025 monthly Jan 2002 - Sep 2025
Gold Reserves (USD mn) 889.394 Oct 2025 monthly Dec 1992 - Oct 2025
Total Deposits (USD mn) 11,844.121 Oct 2025 monthly Jan 2003 - Oct 2025
Total Deposits Growth (%) 11.8 Oct 2025 monthly Jan 2004 - Oct 2025
Domestic Credit (USD mn) 11,904.4 Oct 2025 monthly Jan 2003 - Oct 2025
Domestic Credit Growth (%) 19.8 Oct 2025 monthly Jan 2004 - Oct 2025
Household Debt (USD mn) 5,087.3 Oct 2025 monthly Jan 2003 - Oct 2025
Total Loans (USD mn) 10,044.328 Oct 2025 monthly Jan 2003 - Oct 2025
Total Loans Growth (%) 12.06 Oct 2025 monthly Jan 2004 - Oct 2025
Private Debt: % of Nominal GDP (%) 52.32 Jun 2025 quarterly Mar 2003 - Jun 2025
Official Reserve Assets (EUR mn) 4,861.286 Feb 2025 monthly Jan 2005 - Feb 2025
Official Reserve Assets: Foreign Currency (EUR mn) 4,254.546 Feb 2025 monthly Jan 2005 - Feb 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022

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