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) 252.878 Sep 2024 monthly Jan 2004 - Sep 2024
Tax Revenue: % of GDP (%) 20.2 Jun 2024 quarterly Mar 2004 - Jun 2024
National Government Debt (USD mn) 8,185.4 Jun 2024 quarterly Dec 2009 - Jun 2024
Government Debt: % of GDP (%) 54.5 Jun 2024 quarterly Dec 2009 - Jun 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) 2,471.000 Sep 2024 monthly Jan 2004 - Sep 2024
Central Government Budget Balance (MKD mn) -1,499.000 Sep 2024 monthly Jan 2004 - Sep 2024
Central Government Budget: Expenditure: Capital (MKD mn) 969.000 Sep 2024 monthly Jan 2004 - Sep 2024
Central Government Budget: Revenue (MKD mn) 25,196.000 Sep 2024 monthly Jan 2004 - Sep 2024
Central Government Budget: Expenditure: Current (MKD mn) 25,726.000 Sep 2024 monthly Jan 2004 - Sep 2024
Central Government Budget: Revenue: TC: Tax: VAT (MKD mn) 6,790.000 Sep 2024 monthly Jan 2004 - Sep 2024
Central Government Budget: Expenditure (MKD mn) 26,695.000 Sep 2024 monthly Jan 2004 - Sep 2024
Central Government Budget: Financing (MKD mn) 1,499.000 Sep 2024 monthly Jan 2004 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.913 2028 yearly 1993 - 2028
Trade Balance (USD mn) -213.7 Sep 2024 monthly Dec 1993 - Sep 2024
Total Exports (USD mn) 745.0 Sep 2024 monthly Jan 2002 - Sep 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) 958.7 Sep 2024 monthly Jan 2002 - Sep 2024
Total Imports Growth (%) -5.4 Sep 2024 monthly Jan 2003 - Sep 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) 10.064 Sep 2024 monthly Jan 1999 - Sep 2024
Total Imports from USA (USD mn) 20.466 Sep 2024 monthly Jan 1993 - Sep 2024
Total Exports to China (USD mn) 3.935 Sep 2024 monthly Jan 1999 - Sep 2024
Total Imports from China (USD mn) 98.963 Sep 2024 monthly Aug 1996 - Sep 2024
Exports: ytd: SITC: Mineral Fuels and Lubricants (USD th) 215,815.381 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: ytd: SITC: Miscellaneous Manufactured Articles (USD th) 742,643.517 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: ytd: SITC: Manufactured Goods (USD th) 743,823.082 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: ytd: SITC: Beverages and Tobacco (USD th) 220,067.147 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: ytd: SITC: Food Products (USD th) 432,449.895 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: USA (USD th) 10,063.718 Sep 2024 monthly Jan 2013 - Sep 2024
Exports: Kosovo (USD th) 37,639.297 Sep 2024 monthly Jan 2013 - Sep 2024
Exports: Germany (USD th) 272,223.676 Sep 2024 monthly Jan 2013 - Sep 2024
Exports: Czech Republic (USD th) 25,883.292 Sep 2024 monthly Jan 2013 - Sep 2024
Exports: Bulgaria (USD th) 38,919.716 Sep 2024 monthly Jan 2013 - Sep 2024
Imports: ytd: SITC: Machinery and Transport Equipment (USD th) 2,259,643.877 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: ytd: SITC: Food Products (USD th) 837,443.807 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: ytd: SITC: Chemical Products (USD th) 1,121,223.311 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: ytd: SITC: Mineral Fuels and Lubricants (USD th) 1,039,711.509 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: ytd: SITC: Manufactured Goods (USD th) 2,685,207.806 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: USA (USD th) 20,466.293 Sep 2024 monthly Jan 2013 - Sep 2024
Imports: Greece (USD th) 77,232.656 Sep 2024 monthly Jan 2013 - Sep 2024
Imports: Great Britain (USD th) 88,996.898 Sep 2024 monthly Jan 2013 - Sep 2024
Imports: Germany (USD th) 98,757.452 Sep 2024 monthly Jan 2013 - Sep 2024
Imports: China (USD th) 98,963.067 Sep 2024 monthly Jan 2013 - Sep 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) 22.6 Jun 2024 monthly Jan 2001 - Jun 2024
Current Account Balance (USD mn) 108.9 Mar 2023 monthly Jan 2001 - Mar 2023
Current Account Balance: % of GDP (%) -3.2 Jun 2024 quarterly Mar 2000 - Jun 2024
Foreign Direct Investment (USD mn) 60.7 Jun 2024 monthly Jan 2001 - Jun 2024
Foreign Direct Investment: % of GDP (%) 6.8 Jun 2024 quarterly Mar 2000 - Jun 2024
Foreign Portfolio Investment (USD mn) -32.149 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) -0.9 Jun 2024 quarterly Mar 2000 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -3.6 Jun 2024 quarterly Mar 1996 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -28.539 Jun 2024 quarterly Mar 1998 - Jun 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 (%) 328.5 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: Primary Income (PI) (USD mn) -66.620 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) -8.887 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: CA: SI: Credit (USD mn) 216.132 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 15.286 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 22.553 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: CA: PI: Debit (USD mn) 89.698 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: Capital Account: Credit (USD mn) 0.000 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: Financial Account (FA) (USD mn) 1.952 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: FA: Portfolio Investment (PI) (USD mn) 24.172 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: CA: PI: Credit (USD mn) 23.077 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 60.687 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: CA: GS: Services: Debit (USD mn) 147.635 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: FA: Direct Investment (DI) (USD mn) -38.134 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: CA: GS: Goods (USD mn) -221.745 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: Net Errors & Omissions (USD mn) 6.289 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: CA: GS: Goods: Debit (USD mn) 855.335 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 14.730 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: CA: SI: Debit (USD mn) 20.866 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) -5.331 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: CA: GS: Services (USD mn) 89.085 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: FA: Financial Derivatives & Employee Stock Options: excl Reserves (USD mn) 0.000 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: CA: Credit (USD mn) 1,109.520 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: CA: Debit (USD mn) 1,113.533 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: FA: Reserve Assets (USD mn) 35.975 Jun 2024 monthly Jan 2001 - Jun 2024
Balance of Payments (BoP): Current Account (CA) (USD mn) -4.014 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: Capital Account (USD mn) -0.324 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: CA: Secondary Income (SI) (USD mn) 195.266 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: CA: GS: Services: Credit (USD mn) 236.720 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: FA: Other Investment (OI) (USD mn) -20.061 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: Capital Account: Debit (USD mn) 0.324 Jun 2024 monthly Jan 2001 - Jun 2024
BoP: CA: GS: Goods: Credit (USD mn) 633.591 Jun 2024 monthly Jan 2001 - Jun 2024
Gross External Debt: GG: Short Term (ST) (EUR mn) 0.050 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: GG: Long Term (LT) (EUR mn) 3,796.950 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) 50.050 Jun 2024 monthly Jan 2007 - Jun 2024
FDI: Flow: NACE 2: Agriculture, Forestry & Fishing (EUR mn) 7.997 Jun 2024 quarterly Mar 2009 - Jun 2024
FDI: Flow: NACE 2: Mining & Quarrying (EUR mn) -3.453 Jun 2024 quarterly Mar 2009 - Jun 2024
FDI: Flow: NACE 2: Manufacturing (EUR mn) 43.723 Jun 2024 quarterly Mar 2009 - Jun 2024
FDI: Flow: NACE 2: Construction (EUR mn) 38.826 Jun 2024 quarterly Mar 2009 - Jun 2024
FDI: Flow: NACE 2: Services (EUR mn) 41.104 Jun 2024 quarterly Mar 2009 - Jun 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 (%) 27.6 Jun 2024 quarterly Mar 2003 - Jun 2024
Non-Performing Loans (USD mn) 247.094 Jun 2024 quarterly Dec 2005 - Jun 2024
Money Supply M1 (USD mn) 4,804.377 Sep 2024 monthly Jan 2003 - Sep 2024
Money Supply M2 (USD mn) 8,668.054 Sep 2024 monthly Jan 2003 - Sep 2024
M2 Growth (%) 4.8 Sep 2024 monthly Jan 2004 - Sep 2024
Reserve Requirement Ratio (%) 8.0 Oct 2024 monthly Jan 2004 - Oct 2024
Foreign Exchange Reserves (USD mn) 4,775.1 Oct 2024 monthly Dec 1993 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 27.496 Jun 2024 quarterly Dec 2000 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 4.5 Sep 2024 monthly Jan 2002 - Sep 2024
Gold Reserves (USD mn) 615.962 Oct 2024 monthly Dec 1992 - Oct 2024
Total Deposits (USD mn) 10,081.565 Sep 2024 monthly Jan 2003 - Sep 2024
Total Deposits Growth (%) 8.8 Sep 2024 monthly Jan 2004 - Sep 2024
Domestic Credit (USD mn) 9,974.3 Sep 2024 monthly Jan 2003 - Sep 2024
Domestic Credit Growth (%) 8.1 Sep 2024 monthly Jan 2004 - Sep 2024
Household Debt (USD mn) 4,407.8 Sep 2024 monthly Jan 2003 - Sep 2024
Total Loans (USD mn) 8,514.964 Sep 2024 monthly Jan 2003 - Sep 2024
Total Loans Growth (%) 7.52 Sep 2024 monthly Jan 2004 - Sep 2024
Private Debt: % of Nominal GDP (%) 53.12 Jun 2024 quarterly Mar 2003 - Jun 2024
Official Reserve Assets (EUR mn) 4,975.575 Oct 2024 monthly Jan 2005 - Oct 2024
Official Reserve Assets: Foreign Currency (EUR mn) 4,398.965 Oct 2024 monthly Jan 2005 - Oct 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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