Minimum Wages in Macedonia remained unchanged at 14500 MKD/Month in 2021 from 14500 MKD/Month in 2020. source: Ministry of Labor and Social Policy, Macedonia

Minimum Wages in Macedonia averaged 11207 MKD/Month from 2012 until 2021, reaching an all time high of 14500 MKD/Month in 2019 and a record low of 8050 MKD/Month in 2013. This page provides - Macedonia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Net Minimum Monthly Wage - values, historical data and charts - was last updated on September of 2021.

Minimum Wages in Macedonia is expected to reach 16100.00 MKD/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Net Minimum Monthly Wage is projected to trend around 16100.00 MKD/Month in 2022, according to our econometric models.

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Macedonia Net Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
14500.00 14500.00 14500.00 8050.00 2012 - 2021 MKD/Month Yearly
NSA

Macedonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 15.90 16.00 38.70 15.90 percent [+]
Employed Persons 795271.00 793121.00 811106.00 498867.00 [+]
Unemployed Persons 150141.00 150843.00 330724.00 150141.00 [+]
Wages 42950.00 42917.00 42950.00 20029.00 MKD/Month [+]
Population 2.08 2.08 2.10 1.38 Million [+]
Job Vacancies 8977.00 7878.00 9100.00 4604.00 [+]
Labor Force Participation Rate 56.00 56.00 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 47.30 47.05 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 35895.00 35794.00 36741.00 15955.00 MKD/Month [+]
Wage Growth 7.10 4.50 19.60 -4.50 percent [+]


Macedonia Net Minimum Monthly Wage
In Macedonia, minimum wage is the lowest monthly amount of the basic salary that the employer undertakes to pay to the employee for the work completed under full time and accomplished norm.