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National Debt of North Macedonia

499,632,377,718 den
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
52.65%
Latest year: 2024
Debt (nominal)
499,632,377,718 den
MKD / USD toggle below
GDP (nominal)
948,933,331,532 den
Latest year: 2024
Population
2,077,132
Latest year: 2024
Interest per Year
14,988,971,332 den
475 den / second
Debt per Citizen
240,540 den
Based on latest pop
Inflation (CPI, %)
3.49%
Year: 2024
GDP growth (%, real)
2.76%
Year: 2024
Unemployment (%)
13.42%
Year: 2024
Budget balance (% GDP)
-4.61%
Year: 2023

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Historical Trends

Debt-to-GDP (%)

Inflation (CPI, %)

GDP growth (% real)

Unemployment (%)

Budget balance (% of GDP)

North Macedonia Economy Snapshot

The economy of North Macedonia shows mixed signals, with a nominal GDP of 948.9 billion den and average income of about 456,848 den per person. Moderate inflation at 3.49%, while the economy posted modest growth of 2.76%. High unemployment around 13.42%, and the government runs a substantial 4.61% fiscal deficit. The current exchange rate is 0.02 USD/MKD.

GDP (nominal)948,933,331,532 den
GDP per capita456,848 den
Inflation3.49%
GDP growth2.76%
Unemployment13.42%
Budget balance-4.61%
FX (USD/MKD)0.02

North Macedonia Economy Facts

Debt per citizen: about $4,229 for a population of 2,077,132.

Paying $1 every second would take 278 years to clear the balance.

Enough for 2,928,370,239 cups of coffee - a lifetime supply for every citizen.

Country Comparison

CountryDebt as % of GDPGDP (USD)
Armenia52.44%$ 25.8B
Netherlands52.59%$ 1,227.5B
North Macedonia52.65%$ 16.7B
Ivory Coast53.83%$ 86.5B
Jamaica53.93%$ 19.9B