Macedonia is ranked 17 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Macedonia deteriorated to 17 in 2019 from 10 in 2018.

Ease of Doing Business in Macedonia averaged 24.67 from 2008 until 2019, reaching an all time high of 69 in 2008 and a record low of 10 in 2016. This page includes a chart with historical data for Ease of Doing Business in Macedonia. Ease of Doing Business in Macedonia - values, historical data and charts - was last updated on July of 2020. source: World Bank

Ease of Doing Business in Macedonia is expected to reach 11.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ease of Doing Business in Macedonia is projected to trend around 10.00 in 2021 and 11.00 in 2022, according to our econometric models.

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Ease of Doing Business in Macedonia

Actual Previous Highest Lowest Dates Unit Frequency
17.00 10.00 69.00 10.00 2008 - 2019 Yearly

Macedonia Business Last Previous Highest Lowest Unit
Industrial Production -27.00 -33.50 24.50 -33.50 percent [+]
Manufacturing Production -14.30 6.50 38.50 -23.60 percent [+]
Changes in Inventories 79359.30 67659.39 79359.30 7337.00 MKD Million [+]
Internet Speed 7707.57 7775.41 7775.41 1236.37 KBps [+]
IP Addresses 377561.00 405430.00 421547.00 56872.00 IP [+]
Competitiveness Index 57.33 56.62 57.33 3.73 Points [+]
Competitiveness Rank 82.00 84.00 94.00 60.00 [+]
Business Confidence 23.80 27.80 35.20 -35.80 points [+]
Corruption Index 35.00 37.00 45.00 23.00 Points [+]
Corruption Rank 106.00 93.00 107.00 62.00 [+]
Ease of Doing Business 17.00 10.00 69.00 10.00 [+]
Steel Production 20.00 15.00 38.00 0.00 Thousand Tonnes [+]


Ease of Doing Business in Macedonia
The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses.