North Macedonia 2022
Detailed economic analysis and indicators for 2022
Key Economic Indicators (2022)
GDP (Current USD)
$13.93 billion
↓ 0.48% vs 2021GDP per Capita
$7,606.24
↓ 0.19% vs 2021GDP Growth (Annual %)
2.76%
↓ 1.75pp vs 2021Inflation Rate (CPI %)
14.20%
↑ 10.97pp vs 2021Year-over-Year Comparison
| Indicator | 2021 | 2022 | Change |
|---|---|---|---|
| GDP (Current USD) | $14.00 billion | $13.93 billion | -0.48% |
| GDP per Capita | $7,620.80 | $7,606.24 | -0.19% |
| GDP Growth (Annual %) | 4.51% | 2.76% | -1.75pp |
| Inflation (CPI %) | 3.23% | 14.20% | +10.97pp |
| Unemployment Rate (%) | 15.80% | 14.48% | -1.33pp |
All Economic Indicators (2022)
National Accounts
- GDP (Current USD)
- $13.93 billion
- GDP per Capita
- $7,606.24
- GDP Growth (Annual %)
- 2.76%
- Gross National Income
- $13.33 billion
Prices & Employment
- Inflation (CPI %)
- 14.20%
- Inflation (GDP Deflator %)
- 8.87%
- Unemployment Rate (%)
- 14.48%
- Interest Rate (Real %)
- -3.89%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -6.24%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2022, North Macedonia's Gross Domestic Product (GDP) is $13.93 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in North Macedonia for 2022 is $7,606.24. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in North Macedonia for 2022 is 14.20%. This measures the annual percentage change in the cost of consumer goods and services.
North Macedonia's annual GDP growth rate for 2022 is 2.76%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in North Macedonia for 2022 is 14.48%. This represents the percentage of the labor force that is unemployed and actively seeking employment.