Wages in Macedonia increased to 40640 MKD/Month in July from 40107 MKD/Month in June of 2020.

Wages in Macedonia averaged 29762.68 MKD/Month from 2003 until 2020, reaching an all time high of 41087 MKD/Month in January of 2020 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 September of 2020. source: State Statistical Office of the Republic of Macedonia

Wages in Macedonia is expected to be 39158.00 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 39828.00 in 12 months time. In the long-term, the Macedonia Gross Wages is projected to trend around 42813.00 MKD/Month in 2021 and 44435.00 MKD/Month in 2022, according to our econometric models.

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Macedonia Gross Wages

Actual Previous Highest Lowest Dates Unit Frequency
40640.00 40107.00 41087.00 20029.00 2003 - 2020 MKD/Month Monthly
Current Prices, NSA

Macedonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 16.70 16.20 38.70 16.20 percent [+]
Employed Persons 793416.00 811106.00 811106.00 498867.00 [+]
Unemployed Persons 159623.00 156627.00 330724.00 156627.00 [+]
Wages 40640.00 40107.00 41087.00 20029.00 MKD/Month [+]
Population 2.08 2.08 2.10 1.38 Million [+]
Job Vacancies 9075.00 9053.00 9100.00 4604.00 [+]
Labor Force Participation Rate 56.53 57.40 57.80 50.30 percent [+]
Long Term Unemployment Rate 11.70 12.00 30.90 11.70 percent [+]
Minimum Wages 12165.00 12008.00 12165.00 8050.00 MKD/Month [+]
Employment Rate 47.06 48.10 48.10 31.20 percent [+]
Full Time Employment 765.30 757.40 765.30 515.20 Thousand [+]
Wages In Manufacturing 33985.00 32930.00 34736.00 15955.00 MKD/Month [+]
Wage Growth 7.70 5.30 19.60 -4.50 percent [+]
Part Time Employment 35.50 32.10 50.20 21.70 Thousand [+]


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