North Macedonia

North Macedonia held 137th place in 2025, between Madagascar and Laos, as US$ GDP rose 12.7% to US$19.1 billion. Real growth was +3.5%; the gap of 9.2 percentage points was mostly exchange-rate and price effects.

Services make up 57.0% of output and industry 24.1%, with manufacturing at 14.3% of GDP and agriculture at 6.0%. Inflation was 4.1%, while unemployment was 12.3% of the labor force. Government gross debt stands at 52.6% of GDP, according to the IMF.

Income ranks far higher than total output. With a population of 1.8 million, GDP per capita is US$10,490, 87th of 196, and $28,029 international dollars in PPP terms, 81st. The economy is 5.1 times its 2000 size of US$3.8 billion, when it ranked 126th, and is about the size of the Clarksville, TN metro area. The IMF projects GDP of US$27.0 billion by 2030, up 41%, which would place North Macedonia 132nd. Skopje is the capital.