Wages in Macedonia increased 3.60 percent in December of 2025 over the same month in the previous year. Wage Growth in Macedonia averaged 2.89 percent from 1900 until 2025, reaching an all time high of 19.60 percent in June of 2009 and a record low of -5.00 percent in October of 2022. source: National Bank of the Republic of Macedonia
Wage Growth in Macedonia is expected to be 4.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Macedonia Real Wage Growth is projected to trend around 3.50 percent in 2027, according to our econometric models.