North Macedonia’s industrial production increased 1.3% year-on-year in July 2026, slowing sharply from 6.5% in the previous month. Output growth eased in manufacturing (3.4% vs 7.9% in June), particularly for food products, textiles, wearing apparel, and other transport equipment, while declines deepened in mining and quarrying (-5.9% vs -3.8%) and electricity, gas, steam and air conditioning supply (-19.5% vs -8.2%). By industrial grouping, production fell for capital goods (-2.9% vs 8.6%) and durable consumer goods (-9.9% vs 8.6%), while the decline in energy deepened (-22.2% vs -11.1%). Output of intermediate goods excluding energy also slowed (9.2% vs 11.7%). In contrast, output of non-durable consumer goods rose faster (3.1% vs 2.0%). In the January-July period, industrial output increased 0.9% from the corresponding period a year earlier. source: State Statistical Office of the Republic of Macedonia

Industrial Production in Macedonia increased 1.30 percent in July of 2026 over the same month in the previous year. Industrial Production in Macedonia averaged 0.96 percent from 2005 until 2026, reaching an all time high of 46.10 percent in April of 2021 and a record low of -33.50 percent in April of 2020. This page provides - Macedonia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. North Macedonia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

Industrial Production in Macedonia increased 1.30 percent in July of 2026 over the same month in the previous year. Industrial Production in Macedonia is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Macedonia Industrial Production is projected to trend around 3.10 percent in 2027 and 2.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-31 10:00 AM
Industrial Production YoY
Jun 6.5% -2% 2.5%
2026-09-01 10:00 AM
Industrial Production YoY
Jul 1.3% 6.5% 4.0%
2026-09-30 10:00 AM
Industrial Production YoY
Aug 1.3%


Related Last Previous Unit Reference
Changes in Inventories 67779.00 44151.00 MKD Million Dec 2024
Corruption Index 40.00 40.00 Points Dec 2025
Corruption Rank 84.00 88.00 Dec 2025
Industrial Production YoY 1.30 6.50 percent Jul 2026
Manufacturing Production 3.40 7.80 percent Jul 2026


North Macedonia Industrial Production
In Macedonia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.
Actual Previous Highest Lowest Dates Unit Frequency
1.30 6.50 46.10 -33.50 2005 - 2026 percent Monthly

News Stream
North Macedonia Industrial Output Growth Eases in July
North Macedonia’s industrial production increased 1.3% year-on-year in July 2026, slowing sharply from 6.5% in the previous month. Output growth eased in manufacturing (3.4% vs 7.9% in June), particularly for food products, textiles, wearing apparel, and other transport equipment, while declines deepened in mining and quarrying (-5.9% vs -3.8%) and electricity, gas, steam and air conditioning supply (-19.5% vs -8.2%). By industrial grouping, production fell for capital goods (-2.9% vs 8.6%) and durable consumer goods (-9.9% vs 8.6%), while the decline in energy deepened (-22.2% vs -11.1%). Output of intermediate goods excluding energy also slowed (9.2% vs 11.7%). In contrast, output of non-durable consumer goods rose faster (3.1% vs 2.0%). In the January-July period, industrial output increased 0.9% from the corresponding period a year earlier.
2026-09-01
North Macedonia Industrial Output Rebounds in June
North Macedonia’s industrial production increased 6.5% year-on-year in June 2026, rebounding from a 2.0% decline in May. Manufacturing output returned to growth (7.9% vs. -2.6% in May). In contrast, mining and quarrying output declined further (-3.8% vs. -3.6%), and ouput in electricity, gas, steam and air conditioning supply fell (-8.2% vs 6.1%). By industrial grouping, growth accelerated for intermediate goods excluding energy (11.7% vs. 3.4%), while output rebounded for capital goods (8.6% vs. -3.3%), durable consumer goods (8.6% vs. -1.1%), and non-durable consumer goods (2.0% vs. -8.4%). Meanwhile, energy production contracted sharply (-11.1% vs. 6.5%). In the first half of 2026, industrial output rose 0.9% compared with the corresponding period a year earlier.
2026-07-31
North Macedonia Industrial Output Pulls Back
North Macedonia's industrial production fell 2.0% year-on-year in May 2026, reversing a 7.6% increase in April. The decline was driven by mining and quarrying, which fell 3.6% after a 4.3% rise, and manufacturing, which contracted 2.6% following a 6.8% increase. Meanwhile, electricity, gas, steam and air conditioning supply remained resilient, rising 6.1%, though easing from 22.6%. By industrial grouping, output growth slowed for energy (6.5% vs 17.2%) and intermediate goods excluding energy (3.4% vs 14.1%). Capital goods (-3.3% vs 1.5%) and non-durable consumer goods (-8.4% vs -5.5%) moved deeper into contraction, while the decline in durable consumer goods eased to 1.1% from 4.9%.
2026-06-30