North Macedonia Forecast: Unemployment Rate

1996 - 2029 | Yearly | % | International Monetary Fund

Key information about North Macedonia Unemployment Rate Forecast

  • North Macedonia Unemployment Rate is forecasted to be 13.000 % in Dec 2024 as reported by International Monetary Fund
  • It records no change from the last reported number of 13.050 % in Dec 2023
  • Looking ahead, North Macedonia Unemployment Rate is projected to stand at 12.500 % in Dec 2029
  • 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 2029 in the chart:

North Macedonia Forecast: Unemployment Rate

What is North Macedonia's Forecast: Unemployment Rate in 2029?

North Macedonia Unemployment Rate is forecasted to be 13.000 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
12.500 2029 12.500 2028 12.500 2029 37.250 2005 % yearly 1996 - 2029

Forecast: Unemployment Rate by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 10.700 2029 yearly 1980 - 2029
Algeria (%) 11.383 2019 yearly 1980 - 2019
Andorra (%) 1.550 2029 yearly 2010 - 2029
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 7.000 2029 yearly 1980 - 2029
Armenia (%) 14.000 2029 yearly 2001 - 2029
Aruba (%) 5.091 2026 yearly 1991 - 2026
Australia (%) 4.524 2029 yearly 1980 - 2029
Austria (%) 5.179 2028 yearly 1980 - 2028
Azerbaijan (%) 5.098 2029 yearly 2000 - 2029
Bahamas (%) 9.500 2029 yearly 1986 - 2029
Bahrain (%) 6.300 2023 yearly 2007 - 2023
Bangladesh (%) 0.000 yearly -
Barbados (%) 7.677 2029 yearly 1981 - 2029
Belarus (%) 2.898 2029 yearly 1993 - 2029
Belgium (%) 5.700 2029 yearly 1980 - 2029
Belize (%) 3.400 2029 yearly 1990 - 2029
Benin (%) 0.000 yearly -
Bhutan (%) 3.500 2023 yearly 2003 - 2023
Bolivia (%) 5.200 2029 yearly 2000 - 2029
Bosnia and Herzegovina (%) 13.200 2029 yearly 1995 - 2029
Botswana (%) 0.000 yearly -
Brazil (%) 7.482 2029 yearly 1991 - 2029
Brunei (%) 4.900 2029 yearly 2011 - 2029
Bulgaria (%) 4.000 2029 yearly 1989 - 2029
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 5.960 2029 yearly 1980 - 2029
Cape Verde (%) 8.500 2029 yearly 1980 - 2029
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.500 2029 yearly 1980 - 2029
China (%) 5.100 2029 yearly 2017 - 2029
Colombia (%) 9.400 2029 yearly 1980 - 2029
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.000 2026 yearly 1980 - 2026
Croatia (%) 5.466 2029 yearly 1991 - 2029
Cyprus (%) 4.979 2029 yearly 1982 - 2029
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 (%) 6.000 2029 yearly 1991 - 2029
Ecuador (%) 3.500 2029 yearly 1988 - 2029
Egypt (%) 5.502 2029 yearly 1990 - 2029
El Salvador (%) 5.216 2029 yearly 1988 - 2029
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 6.508 2029 yearly 1993 - 2029
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2029 yearly 1986 - 2029
Finland (%) 7.100 2028 yearly 1980 - 2028
France (%) 6.663 2028 yearly 1980 - 2028
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 14.500 2029 yearly 1996 - 2029
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 2029 yearly 1980 - 2029
Hong Kong SAR, China (%) 2.669 2029 yearly 1980 - 2029
Hungary (%) 3.689 2029 yearly 1980 - 2029
Iceland (%) 4.000 2029 yearly 1980 - 2029
India (%) 0.000 yearly -
Indonesia (%) 5.100 2029 yearly 1984 - 2029
Iran (%) 9.000 2029 yearly 1990 - 2029
Iraq (%) 0.000 yearly -
Ireland (%) 4.507 2028 yearly 1985 - 2028
Israel (%) 3.900 2029 yearly 1980 - 2029
Italy (%) 8.250 2028 yearly 1980 - 2028
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 4.400 2023 yearly 1980 - 2023
Japan (%) 2.300 2028 yearly 1980 - 2028
Jordan (%) 21.975 2023 yearly 1984 - 2023
Kazakhstan (%) 4.775 2029 yearly 1994 - 2029
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.000 2029 yearly 1980 - 2029
Kosovo (%) 10.875 2023 yearly 2012 - 2023
Kuwait (%) 2.200 2028 yearly 2002 - 2028
Kyrgyzstan (%) 9.014 2029 yearly 1994 - 2029
Laos (%) 0.000 yearly -
Latvia (%) 6.286 2029 yearly 1992 - 2029
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

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.5 2022 yearly 1993 - 2022
Consolidated Fiscal Balance (USD mn) -685.568 2023 yearly 2009 - 2023
Tax Revenue (USD mn) 297.540 Oct 2024 monthly Jan 2004 - Oct 2024
Tax Revenue: % of GDP (%) 18.7 Sep 2024 quarterly Mar 2004 - Sep 2024
National Government Debt (USD mn) 8,185.4 Jun 2024 quarterly Dec 2009 - Jun 2024
Government Debt: % of GDP (%) 50.4 Sep 2024 quarterly Dec 2009 - Sep 2024
Forecast: Government Expenditure (MKD bn) 481.670 2029 yearly 1997 - 2029
Forecast: Government Net Debt (MKD bn) 703.720 2029 yearly 1999 - 2029
Forecast: Government Revenue (MKD bn) 445.403 2029 yearly 1997 - 2029
Central Government Budget: Revenue: TC: Tax: Excises (MKD mn) 2,570.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget Balance (MKD mn) 1,121.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Expenditure: Current (MKD mn) 26,027.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Expenditure (MKD mn) 27,442.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Expenditure: Capital (MKD mn) 1,415.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Revenue: TC: Tax: VAT (MKD mn) 8,863.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Revenue (MKD mn) 28,563.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Financing (MKD mn) -1,121.000 Oct 2024 monthly Jan 2004 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.913 2028 yearly 1993 - 2028
Trade Balance (USD mn) -306.6 Oct 2024 monthly Dec 1993 - Oct 2024
Total Exports (USD mn) 767.8 Oct 2024 monthly Jan 2002 - Oct 2024
Total Exports Growth (%) 7.9 May 2023 monthly Jan 2003 - May 2023
Aluminum: Exports (USD th) 3,509.780 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 151,860.641 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 2,231.062 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,074.3 Oct 2024 monthly Jan 2002 - Oct 2024
Total Imports Growth (%) 3.5 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: Medicament (USD th) 213,778.414 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 79,238.625 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 16.230 Oct 2024 monthly Jan 1999 - Oct 2024
Total Imports from USA (USD mn) 19.374 Oct 2024 monthly Jan 1993 - Oct 2024
Total Exports to China (USD mn) 5.413 Oct 2024 monthly Jan 1999 - Oct 2024
Total Imports from China (USD mn) 115.734 Oct 2024 monthly Aug 1996 - Oct 2024
Exports: ytd: SITC: Mineral Fuels and Lubricants (USD th) 244,776.526 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: ytd: SITC: Manufactured Goods (USD th) 831,427.048 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: ytd: SITC: Beverages and Tobacco (USD th) 235,064.791 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: ytd: SITC: Miscellaneous Manufactured Articles (USD th) 827,262.748 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: ytd: SITC: Food Products (USD th) 493,231.667 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: USA (USD th) 16,230.015 Oct 2024 monthly Jan 2013 - Oct 2024
Exports: Kosovo (USD th) 34,643.669 Oct 2024 monthly Jan 2013 - Oct 2024
Exports: Germany (USD th) 292,670.749 Oct 2024 monthly Jan 2013 - Oct 2024
Exports: Czech Republic (USD th) 29,677.691 Oct 2024 monthly Jan 2013 - Oct 2024
Exports: China (USD th) 5,412.587 Oct 2024 monthly Jan 2013 - Oct 2024
Exports: Bulgaria (USD th) 50,683.440 Oct 2024 monthly Jan 2013 - Oct 2024
Imports: ytd: SITC: Machinery and Transport Equipment (USD th) 2,523,778.058 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: ytd: SITC: Mineral Fuels and Lubricants (USD th) 1,161,623.848 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: ytd: SITC: Manufactured Goods (USD th) 2,998,502.380 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: ytd: SITC: Food Products (USD th) 956,903.433 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: ytd: SITC: Chemical Products (USD th) 1,252,809.525 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: USA (USD th) 19,374.124 Oct 2024 monthly Jan 2013 - Oct 2024
Imports: Greece (USD th) 87,688.400 Oct 2024 monthly Jan 2013 - Oct 2024
Imports: Great Britain (USD th) 106,806.441 Oct 2024 monthly Jan 2013 - Oct 2024
Imports: Germany (USD th) 112,205.149 Oct 2024 monthly Jan 2013 - Oct 2024
Imports: China (USD th) 115,733.588 Oct 2024 monthly Jan 2013 - Oct 2024
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) 18.4 Sep 2024 monthly Jan 2001 - Sep 2024
Current Account Balance (USD mn) 108.9 Mar 2023 monthly Jan 2001 - Mar 2023
Current Account Balance: % of GDP (%) 6.6 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Direct Investment (USD mn) 103.5 Sep 2024 monthly Jan 2001 - Sep 2024
Foreign Direct Investment: % of GDP (%) 7.3 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment (USD mn) -73.664 Sep 2024 quarterly Mar 1998 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -1.7 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -3.0 Sep 2024 quarterly Mar 1996 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -70.708 Sep 2024 quarterly Mar 1998 - Sep 2024
External Debt (USD mn) 12,712.2 Jun 2024 quarterly Dec 2005 - Jun 2024
External Debt: % of GDP (%) 83.2 2023 yearly 2004 - 2023
External Debt: Short Term (USD mn) 3,434.1 Jun 2024 quarterly Dec 2005 - Jun 2024
External Debt: Short Term: % of GDP (%) 23.6 2022 yearly 2004 - 2022
Total Debt: % of GDP (%) 335.8 2023 yearly 2013 - 2023
Forecast: Current Account Balance (USD bn) -0.541 2029 yearly 1992 - 2029
Net International Investment Position (USD mn) -9,230.346 Jun 2024 quarterly Dec 2006 - Jun 2024
BoP: CA: Debit (USD mn) 1,141.451 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: SI: Credit (USD mn) 241.189 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Net Errors & Omissions (USD mn) -0.117 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Reserve Assets (USD mn) -105.998 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Capital Account (USD mn) 0.000 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 18.359 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Goods (USD mn) -188.096 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Services: Credit (USD mn) 272.566 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Other Investment (OI) (USD mn) 150.768 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 103.462 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) 12.514 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Capital Account: Credit (USD mn) 0.000 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) -75.450 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: Primary Income (PI) (USD mn) -72.215 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) -138.254 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 16.989 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Services (USD mn) 89.360 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: Credit (USD mn) 1,193.676 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Financial Derivatives & Employee Stock Options: excl Reserves (USD mn) 0.000 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: PI: Debit (USD mn) 94.128 Sep 2024 monthly Jan 2001 - Sep 2024
Balance of Payments (BoP): Current Account (CA) (USD mn) 52.225 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Goods: Credit (USD mn) 658.008 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Capital Account: Debit (USD mn) 0.000 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: SI: Debit (USD mn) 18.012 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Services: Debit (USD mn) 183.206 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Portfolio Investment (PI) (USD mn) 92.440 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Financial Account (FA) (USD mn) 52.108 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: Secondary Income (SI) (USD mn) 223.177 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: PI: Credit (USD mn) 21.913 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Direct Investment (DI) (USD mn) -85.102 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Goods: Debit (USD mn) 846.105 Sep 2024 monthly Jan 2001 - Sep 2024
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: MI: Private (EUR mn) 6,143.841 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
Foreign Direct Investment (FDI): Flow (USD mn) 99.687 Sep 2024 monthly Jan 2007 - Sep 2024
FDI: Flow: NACE 2: Agriculture, Forestry & Fishing (EUR mn) 11.308 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: NACE 2: Mining & Quarrying (EUR mn) -9.318 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: NACE 2: Manufacturing (EUR mn) 139.153 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: NACE 2: Construction (EUR mn) 58.425 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: NACE 2: Services (EUR mn) 22.363 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: United States of America (EUR mn) -0.789 Jun 2024 quarterly Mar 2008 - Jun 2024
FDI: Flow: Austria (EUR mn) -0.750 Jun 2024 quarterly Mar 2008 - Jun 2024
FDI: Flow: Belgium (EUR mn) 11.059 Jun 2024 quarterly Mar 2008 - Jun 2024
FDI: Flow: Turkey (EUR mn) 11.737 Jun 2024 quarterly Mar 2008 - Jun 2024
FDI: Flow: United Kingdom (EUR mn) 58.761 Jun 2024 quarterly Mar 2008 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Jun 2024 quarterly Dec 2005 - Jun 2024
Household Debt: % of GDP (%) 26.0 Sep 2024 quarterly Mar 2003 - Sep 2024
Non-Performing Loans (USD mn) 247.094 Jun 2024 quarterly Dec 2005 - Jun 2024
Money Supply M1 (USD mn) 4,637.474 Nov 2024 monthly Jan 2003 - Nov 2024
Money Supply M2 (USD mn) 8,316.380 Nov 2024 monthly Jan 2003 - Nov 2024
M2 Growth (%) 6.5 Nov 2024 monthly Jan 2004 - Nov 2024
Reserve Requirement Ratio (%) 8.0 Oct 2024 monthly Jan 2004 - Oct 2024
Foreign Exchange Reserves (USD mn) 4,598.3 Nov 2024 monthly Dec 1993 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 25.563 Sep 2024 quarterly Dec 2000 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 4.4 Oct 2024 monthly Jan 2002 - Oct 2024
Gold Reserves (USD mn) 590.454 Nov 2024 monthly Dec 1992 - Nov 2024
Total Deposits (USD mn) 9,776.867 Nov 2024 monthly Jan 2003 - Nov 2024
Total Deposits Growth (%) 11.0 Nov 2024 monthly Jan 2004 - Nov 2024
Domestic Credit (USD mn) 9,261.3 Nov 2024 monthly Jan 2003 - Nov 2024
Domestic Credit Growth (%) 5.6 Nov 2024 monthly Jan 2004 - Nov 2024
Household Debt (USD mn) 4,232.2 Nov 2024 monthly Jan 2003 - Nov 2024
Total Loans (USD mn) 8,253.021 Nov 2024 monthly Jan 2003 - Nov 2024
Total Loans Growth (%) 9.67 Nov 2024 monthly Jan 2004 - Nov 2024
Private Debt: % of Nominal GDP (%) 49.85 Sep 2024 quarterly Mar 2003 - Sep 2024
Official Reserve Assets (EUR mn) 4,920.001 Nov 2024 monthly Jan 2005 - Nov 2024
Official Reserve Assets: Foreign Currency (EUR mn) 4,359.807 Nov 2024 monthly Jan 2005 - Nov 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022

More Indicators for North Macedonia

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