Wages in Macedonia decreased to 37440 MKD/Month in June from 37520 MKD/Month in May of 2019. Wages in Macedonia averaged 29111.48 MKD/Month from 2003 until 2019, reaching an all time high of 37704 MKD/Month in December of 2018 and a record low of 20029 MKD/Month in January of 2004.

Wages in Macedonia is expected to be 36903.61 MKD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Macedonia to stand at 37575.82 in 12 months time. In the long-term, the Macedonia Gross Wages is projected to trend around 42025.09 MKD/Month in 2020, according to our econometric models.

Macedonia Gross Wages
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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 Gross Wages

In Macedonia, wages are benchmarked using average gross salaries. This page provides - Macedonia Gross Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Gross Wages - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
37440.00 37520.00 37704.00 20029.00 2003 - 2019 MKD/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 42208.00 May/19
Australia 1237.90 Jun/19
Brazil 2286.00 Jul/19
Canada 25.74 Jun/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2467.00 Dec/18
Japan 427395.00 Jul/19
Mexico 380.72 Jul/19
Russia 45900.00 Jul/19
Singapore 5225.00 Jun/19
South Africa 20855.00 Mar/19
South Korea 3585588.00 Jun/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 542.00 Jul/19
United States 23.59 Aug/19


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