Wages in Macedonia decreased to 41141 MKD/Month in November from 41654 MKD/Month in October of 2020. source: State Statistical Office of the Republic of Macedonia

Wages in Macedonia averaged 29986.83 MKD/Month from 2003 until 2020, reaching an all time high of 41654 MKD/Month in October of 2020 and a record low of 20029 MKD/Month in January of 2004. This page provides - Macedonia Gross Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Gross Wages - values, historical data and charts - was last updated on February of 2021.

Wages in Macedonia is expected to be 40490.50 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 42025.09 in 12 months time. In the long-term, the Macedonia Gross Wages is projected to trend around 42025.09 MKD/Month in 2022 and 44435.00 MKD/Month in 2023, according to our econometric models.

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Macedonia Gross Wages

Actual Previous Highest Lowest Dates Unit Frequency
41141.00 41654.00 41654.00 20029.00 2003 - 2020 MKD/Month Monthly
Current Prices, NSA

Macedonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 16.50 16.70 38.70 16.20 percent [+]
Employed Persons 785561.00 793416.00 811106.00 498867.00 [+]
Unemployed Persons 155575.00 159623.00 330724.00 155575.00 [+]
Wages 41141.00 41654.00 41654.00 20029.00 MKD/Month [+]
Population 2.08 2.08 2.10 1.38 Million [+]
Job Vacancies 8364.00 6866.00 9100.00 4604.00 [+]
Labor Force Participation Rate 55.83 56.53 57.80 50.30 percent [+]
Long Term Unemployment Rate 12.80 12.10 30.90 11.70 percent [+]
Minimum Wages 14500.00 14500.00 14500.00 8050.00 MKD/Month [+]
Employment Rate 46.60 47.06 48.10 31.20 percent [+]
Full Time Employment 748.20 751.40 768.30 515.20 Thousand [+]
Wages In Manufacturing 35045.00 35892.00 35892.00 15955.00 MKD/Month [+]
Wage Growth 6.80 6.20 19.60 -4.50 percent [+]
Part Time Employment 27.50 30.70 50.20 21.70 Thousand [+]


Macedonia Gross Wages
In Macedonia, wages are benchmarked using average gross salaries.