Wages in Macedonia decreased to 42627 MKD/Month in July from 42950 MKD/Month in June of 2021. source: State Statistical Office of the Republic of Macedonia

Wages in Macedonia averaged 30455.10 MKD/Month from 2003 until 2021, reaching an all time high of 42950 MKD/Month in June of 2021 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 October of 2021.

Wages in Macedonia is expected to be 42386.00 MKD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Gross Wages is projected to trend around 45383.00 MKD/Month in 2022 and 47103.00 MKD/Month in 2023, according to our econometric models.

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Macedonia Gross Wages

Macedonia Last Unit Reference Previous Highest Lowest
Unemployment Rate 15.90 percent Jun/21 16.00 38.70 15.90
Employed Persons 795271.00 Jun/21 793121.00 811106.00 498867.00
Unemployed Persons 150141.00 Jun/21 150843.00 330724.00 150141.00
Wages 42627.00 MKD/Month Jul/21 42950.00 42950.00 20029.00
Labor Force Participation Rate 56.00 percent Jun/21 56.00 57.80 50.30
Job Vacancies 8977.00 Jun/21 7878.00 9100.00 4604.00
Wages In Manufacturing 35895.00 MKD/Month Jun/21 35794.00 36741.00 15955.00
Employment Rate 47.30 percent Jun/21 47.05 48.10 31.20

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