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.

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.

Macedonia Net Minimum Monthly Wage
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Macedonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 17.50 17.80 38.70 17.50 percent [+]
Employed Persons 794283.00 789414.00 794283.00 498867.00 [+]
Unemployed Persons 168180.00 171329.00 330724.00 168180.00 [+]
Wages 37440.00 37520.00 37704.00 20029.00 MKD/Month [+]
Population 2.08 2.07 2.10 1.38 Million [+]
Part Time Employment 29.00 24.80 50.20 21.70 Thousand [+]
Wages In Manufacturing 31784.00 30903.00 31784.00 15955.00 MKD/Month [+]
Wage Growth 5.10 2.80 19.60 -4.50 percent [+]
Job Vacancies 7430.00 9100.00 9100.00 4604.00 [+]
Labor Force Participation Rate 57.10 57.10 57.80 50.30 percent [+]
Long Term Unemployment Rate 13.30 15.20 30.90 13.30 percent [+]
Minimum Wages 12165.00 12008.00 12165.00 8050.00 MKD/Month [+]
Employment Rate 47.13 46.90 47.13 31.20 percent [+]
Full Time Employment 748.90 737.20 748.90 515.20 Thousand [+]


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. This page provides - Macedonia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Net Minimum Monthly Wage - actual data, historical chart and calendar of releases - was last updated on September of 2019.

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




Country Last Previous
Argentina 15625.00 Sep/19
Australia 740.80 Jul/19
Brazil 998.00 Sep/19
Canada 14.00 Dec/19
China 2480.00 Apr/19
France 1521.22 Dec/19
Germany 9.19 Jan/19
India 176.00 Dec/18
Indonesia 3.94 Jan/19
Japan 874.00 Oct/18
Mexico 102.68 Jul/19
Netherlands 1635.60 Dec/19
Russia 11163.00 May/18
South Korea 8350.00 Dec/19
Spain 1050.00 Jun/19
Turkey 2558.40 Dec/19
United Kingdom 8.21 Apr/19
United States 7.25 Dec/19


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