Wages in Macedonia increased 7.70 percent in July of 2020 over the same month in the previous year.
Wage Growth in Macedonia averaged 2.29 percent from 2008 until 2020, reaching an all time high of 19.60 percent in June of 2009 and a record low of -4.50 percent in May of 2011. This page provides - Macedonia Real Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Real Wage Growth - values, historical data and charts - was last updated on October of 2020.
Wage Growth in Macedonia is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Macedonia to stand at 3.27 in 12 months time. In the long-term, the Macedonia Real Wage Growth is projected to trend around 3.99 percent in 2021 and 3.79 percent in 2022, according to our econometric models.