Wages in Macedonia increased 7.10 percent in April of 2021 over the same month in the previous year. source: National Bank of the Republic of Macedonia

Wage Growth in Macedonia averaged 2.43 percent from 2008 until 2021, reaching an all time high of 19.60 percent in June of 2009 and a record low of -4.50 percent in May of 2011. This page provides - Macedonia Real Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Real Wage Growth - values, historical data and charts - was last updated on September of 2021.

Wage Growth in Macedonia is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Real Wage Growth is projected to trend around 3.99 percent in 2022 and 3.79 percent in 2023, according to our econometric models.

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Macedonia Real Wage Growth

Actual Previous Highest Lowest Dates Unit Frequency
7.10 4.50 19.60 -4.50 2008 - 2021 percent Monthly
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 [+]