North Macedonia
General information
Capital: Skopje
Currency unit: Denar
Area: 25,710 km²
Total population: 1,824,360
GDP (millions of US dollars): 16,952
GDP per capita, PPP (current international US dollars): 26,995
Production
Agriculture (% of GDP): 7.9 %
Manufacture (% of GDP): 15.8 %
Industry excluding manufacture (% of GDP): 11.0 %
Services (% of GDP): 65.3 %
Trade
Total exports (millions of US dollars): 10,461
Total imports (millions of US dollars): 12,649
Main exported goods (% of total exports):
Miscellaneous chemical products (23.5 %)
Equipment for distributing electricity (8.6 %)
Furniture & parts (5.3 %)
Apparatus for electrical circuits; board, panels (4.7 %)
Pumps (excluding liquid), gas compressors & fans; centr. (4.2 %)
Price competitiveness
This section brings together various indicators related to the price dimension of countries’ competitiveness. These indicators include both measures of external price competitiveness (the price ratio between domestic and foreign goods in international markets) and internal price competitiveness (the price ratio between tradable and non-tradable domestic goods). All these indices are calculated for each country relative to a base year and constructed such that an increase in the index corresponds to a decline in the country’s price competitiveness.
| North Macedonia | ||
|---|---|---|
| Price competitiveness | - | |
| Nominal Effective Exchange Rate North Macedonia: 115 | 115 | |
| Real Effective Exchange Rate North Macedonia: 119 | 119 | |
| Internal Real Exchange Rate North Macedonia: 101 | 101 |