North Macedonia

Europe · Macedonian denar (MKD) · 1.8 million people

Inflation

2.6%

▲ 0.2 pt since July · Aug 2026

Interest rate

4.25%

No change since Jun 2026

GDP per person

US$10,490

2025

Inflation and the interest rate

Inflation was 2.6% in Aug 2026, up from 2.3% in July. The interest rate has been 4.25% since Jun 2026.

Monthly, consumer prices year on year.

Exchange rates

Closing rates on 6 Oct 2026. Changes are over 30 days.

Moves are neutral, so they're shown in ink with ▲/▼. All exchange rates

Cost of living

Minimum wage

Monthly, full time · 2026

MKD 38,507 a month

about US$701

Minimum wage from ILOSTAT.

Economy at a glance

GDP per person at PPP

2025 · international dollars

US$28,000

Population

2025

1.8 million

▼ 0.2% vs 2024

Sources and method

Figures from the IMF, the Bank for International Settlements, the World Bank and ILOSTAT. Exchange rates are daily rates from the European Central Bank and other central banks, via Frankfurter. For guidance only. Read the disclaimer

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