Economy of Macedonia

Imports
Imports commoditiesmachinery and equipment, automobiles, chemicals, fuels, food products
Import partnersGreece 19%, Germany 11.8%, UK 9.5%, Bulgaria 9%, Italy 5.2%, Turkey 5% (2012)
Exports
Exports commoditiesfood, beverages, tobacco; textiles, miscellaneous manufactures, iron, steel; automotive parts
Export partnersGermany 27.3%, Italy 6.5%, Bulgaria 5.5%, Greece 4.8% (2012)
Economy sectors
Agriculture productsgrapes, tobacco, vegetables, fruits; milk, eggs
Industrial productsfood processing, beverages, textiles, chemicals, iron, steel, cement, energy, pharmaceuticals
Economy
Unemployment28.6 % (2013)31.0 % (2012)31.4 % (2011)
Unemployment of Macedonia
GDP - Official Exchange Rate10.7 Billion $ (2013)9.50 Billion $ (2012)10.4 Billion $ (2011)
GDP - Official Exchange Rate of Macedonia
GDP growth rate3.10 % (2013)-0.30 % (2012)3.10 % (2011)
GDP growth rate of Macedonia
GDP per Capita (PPP)10,800 $ (2013)10,500 $ (2012)10,600 $ (2011)
GDP per Capita (PPP) of Macedonia
GDP - Purchasing Power Parity22.6 Billion $ (2013)21.6 Billion $ (2012)21.9 Billion $ (2011)
GDP - Purchasing Power Parity of Macedonia
GDP PPP per land area878 Thousand $ per square kilometer (2013)841 Thousand $ per square kilometer (2012)853 Thousand $ per square kilometer (2011)
GDP PPP per land area of Macedonia
ElectricityBanking
Central bank discount rate3.25 % (2013)3.75 % (2012)4.00 % (2011)
Central bank discount rate of Macedonia
Commercial bank prime lending rate6.40 % (2013)8.48 % (2012)8.87 % (2011)
Commercial bank prime lending rate of Macedonia
GDP decomposition by sector
Agriculture % of GDP10.2 % (2013)11.2 % (2012)
Industry % of GDP27.5 % (2013)27.6 % (2012)
Services % of GDP62.3 % (2013)61.3 % (2012)
Tourism
International tourism, number of arrivals351 Thousand (2012)327 Thousand (2011)262 Thousand (2010)
International tourism, number of arrivals of Macedonia
Yearly Tourist arrivals to residents ratio16.9 % (2012)15.7 % (2011)12.5 % (2010)
Yearly Tourist arrivals to residents ratio of Macedonia
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)34.3 % of GDP (2013)34.0 % of GDP (2012)28.7 % of GDP (2011)
Public debt (Percentage of GDP) of Macedonia
Current Account Balance (Percentage of GDP)-3.14 % of GDP (2012)-2.51 % of GDP (2011)-2.12 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Macedonia
External Debt Stocks (Percentage of GNI)70.0 % of GNI (2012)61.4 % of GNI (2011)58.0 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of Macedonia
Short-term debt (percentage of total external debt)28.2 % of total external debt (2012)28.1 % of total external debt (2011)26.3 % of total external debt (2010)
Short-term debt (percentage of total external debt) of Macedonia
Current Account Balance (Total)-194.10 Million $ (2013)-385.20 Million $ (2012)-273.50 Million $ (2011)
Current Account Balance (Total) of Macedonia
External Debt (Total)7.45 Billion $ (2013)6.81 Billion $ (2012)6.73 Billion $ (2011)
External Debt (Total) of Macedonia
External Debt (Percentage of GDP)70.0 % of GDP (2013)71.7 % of GDP (2012)64.7 % of GDP (2011)
External Debt (Percentage of GDP) of Macedonia
External Debt per Capita3,570 $ (2013)3,269 $ (2012)3,238 $ (2011)
External Debt per Capita of Macedonia