Minimum Wages in Macedonia increased to 12165 MKD/Month in 2018 from 12008 MKD/Month in 2017.

Minimum Wages in Macedonia averaged 9820.43 MKD/Month from 2012 until 2018, reaching an all time high of 12165 MKD/Month in 2018 and a record low of 8050 MKD/Month in 2013. This page provides - Macedonia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Minimum Wages in Macedonia is expected to be 13400.00 MKD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Net Minimum Monthly Wage is projected to trend around 16100.00 MKD/Month in 2020, according to our econometric models.


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Macedonia Net Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
12165.00 12008.00 12165.00 8050.00 2012 - 2018 MKD/Month Yearly
NSA

Macedonia Net Minimum Monthly Wage
In Macedonia, minimum wage is the lowest monthly amount of the basic salary that the employer undertakes to pay to the employee for the work completed under full time and accomplished norm.

Macedonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 17.10 17.50 38.70 17.10 percent [+]
Employed Persons 799546.00 794283.00 799546.00 498867.00 [+]
Unemployed Persons 164702.00 168180.00 330724.00 164702.00 [+]
Wages 38319.00 38227.00 38319.00 20029.00 MKD/Month [+]
Population 2.08 2.07 2.10 1.38 Million [+]
Part Time Employment 32.10 34.20 50.20 21.70 Thousand [+]
Wages In Manufacturing 32128.00 31588.00 32128.00 15955.00 MKD/Month [+]
Wage Growth 5.00 5.30 19.60 -4.50 percent [+]
Job Vacancies 7430.00 9100.00 9100.00 4604.00 [+]
Labor Force Participation Rate 57.20 57.10 57.80 50.30 percent [+]
Long Term Unemployment Rate 12.40 11.90 30.90 11.90 percent [+]
Minimum Wages 12165.00 12008.00 12165.00 8050.00 MKD/Month [+]
Employment Rate 47.40 47.13 47.40 31.20 percent [+]
Full Time Employment 757.40 750.40 757.40 515.20 Thousand [+]