Wages in Macedonia increased to 42917 MKD/Month in May from 42441 MKD/Month in April of 2021. source: State Statistical Office of the Republic of Macedonia

Wages in Macedonia averaged 30337.64 MKD/Month from 2003 until 2021, reaching an all time high of 42917 MKD/Month in May of 2021 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 August of 2021.

Wages in Macedonia is expected to be 42386.00 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 44320.00 in 12 months time. In the long-term, the Macedonia Gross Wages is projected to trend around 45383.00 MKD/Month in 2022 and 47103.00 MKD/Month in 2023, according to our econometric models.

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Macedonia Gross Wages

Actual Previous Highest Lowest Dates Unit Frequency
42917.00 42441.00 42917.00 20029.00 2003 - 2021 MKD/Month Monthly
Current Prices, NSA

Macedonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 16.00 16.10 38.70 16.00 percent [+]
Employed Persons 793121.00 789552.00 811106.00 498867.00 [+]
Unemployed Persons 150843.00 151972.00 330724.00 150843.00 [+]
Wages 42917.00 42441.00 42917.00 20029.00 MKD/Month [+]
Population 2.08 2.08 2.10 1.38 Million [+]
Job Vacancies 7916.00 8364.00 9100.00 4604.00 [+]
Labor Force Participation Rate 56.00 55.86 57.80 50.30 percent [+]
Long Term Unemployment Rate 12.90 12.80 30.90 11.70 percent [+]
Full Time Employment 753.30 748.20 768.30 515.20 Thousand [+]
Employment Rate 47.05 46.84 48.10 31.20 percent [+]
Part Time Employment 25.60 27.50 50.20 21.70 Thousand [+]
Minimum Wages 14500.00 14500.00 14500.00 8050.00 MKD/Month [+]
Wages In Manufacturing 35192.00 35481.00 36741.00 15955.00 MKD/Month [+]
Wage Growth 0.80 0.80 19.60 -4.50 percent [+]


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