NORTH MACEDONIA

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INTRODUCING

NORTH MACEDONIA

Official title:
Republic of North Macedonia

General information:
Capital: Skopje
Population: 1,977,715 (July 2022 est.)
Total area: 25,713 km2
Currency: Macedonian denar (MKD)
National holiday: Independence Day, 8th September (1991)
Official language: Macedonian
Recognized regional languages: Albanian, Turkish, Romani, and Serbian

Type of government:
Parliamentary republic

Diplomatic and consular representative: H.E. Mr Goran Milevski

Economy:

  • GDP (nominal): $13,48 billion (2021 est.)
  • GDP (nominal) per capita: $6,787 (2021 est.)
  • GDP (PPP): $34,37 billion (2021 est.)
  • GDP (PPP) per capita: $17,285 (2021 est.)
  • GDP (official exchange rate): $13,48 billion (2021 est.)
  • GDP (real growth rate): 7% (2021 est.)

GDP per sector:

  • Agriculture 10,4%
  • Industry 26,4%
  • Services 63,2% (2017)

Agriculture products: grapes, tobacco, vegetables, fruits, milk, eggs
Main industries: food processing, beverages, textiles, chemicals, iron, steel, cement, energy, pharmaceuticals

Trade – Export
Exported commodities: food, beverages, tobacco; textiles, miscellaneous manufactures, iron, steel, automotive parts

Main export partners:

  • Germany 220,6%
  • Serbia12,6%
  • Bulgaria 9,5%
  • Italy 8,5%
  • Kosovo 7,1%
  • Greece 5,9%
  • United States 4,3%


Trade – Import

Imported commodities: machinery and equipment, automobiles, chemicals, fuels, food products

Main import partners:

  • Germany 13,6%
  • Greece 13,1%
  • Bulgaria 10,4%
  • China 8,5%
  • Turkey 7,5%
  • Italy 5,8%
  • Serbia 4,9%

Sources:

Central Intelligence Agency. 2019. The World Factbook: Macedonia. Available at: https://www.cia.gov (February 10th 2021).

European Commission – Directorate-General for Trade. 2015. EU, Trade in goods with Former Jugoslav Republic of Macedonia. Available at: http://trade.ec.europa.eu(February 10th 2019).

World Bank Group. 2020. A World Bank Group Flagship Report – Doing Business 2016: Economy Profile, Macedonia, FYR. Available at: http://www.doingbusiness.org (February 10th 2020).