Macro Index Overview / Europe & Central Asia / MKD

North Macedonia · Year 2023 All longitudinal metrics, 4-pillar scores, and peer matrices reflect this country & year

Country:

Year:

Sovereign Economic Dossier ISO: MKD MK

North Macedonia

North Macedonia sovereign panel observation with harmonized output, inflation, and external resilience records from 1960 through 2025.

Europe & Central Asia Upper middle income Blocs: Other Skopje

Global Rank (2023)

#112 / 205

Top 55% of global economies

Composite Score (2023)

56.2 / 100

Living Standard (2023)

$6,424

Subscore: 54.24 / 100

CPI Inflation (2023)

9.36%

Stability Score: 68.19 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15

Living Standards (35%) 54.24

Raw: $6,424 (2015 USD)

Price Stability (25%) 68.19

Raw: 9.36% (Anchor: 3.0%)

External Solvency (25%) 51.06

Raw: 0.32% of GDP

Economic Scale (15%) 49.41

Raw: $15.9B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

External Solvency & Trade Surplus Driven

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes North Macedonia's global competitive ranking by accentuating its comparative strengths.

Peak Rank #69 / 205

Default Rank #112

+43 Ranks

Living Standards 0%

Baseline: 35%

Price Stability 0%

Baseline: 25%

External Solvency 100%

Baseline: 25%

Economic Scale 0%

Baseline: 15%

Policy Insight & Strategic Advantage: North Macedonia achieves peak standing through massive current account surpluses and external asset buffers.

Under this bespoke weighting, North Macedonia's composite score climbs to 51.1 (compared to 56.2 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960–2025)

Tracking North Macedonia's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:

North Macedonia (MKD)

India (IND)

China (CHN)

United States (USA)

Germany (DEU)

Observation Year 2023 • Global Rank: #112 / 205 • Composite Score: 56.2 / 100 • Living Standard: $6,424 • Inflation: 9.36%

Year 2023

Hover or click any node along the curve to inspect that historical year in real time

Primary: North Macedonia Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared · Ordered by Global Rank

Country	Rank (2023)	Composite Score	GDP per Capita	CPI Inflation	Current Account (% GDP)	Nominal GDP ($)
Germany (DEU)	#16	81.1	$44,369	5.95%	5.50%	$4562.2B
United States (USA)	#17	80.0	$65,667	4.12%	-3.34%	$27811.5B
China (CHN)	#37	72.3	$12,484	0.23%	1.41%	$18270.4B
India (IND)	#93	59.5	$2,230	5.65%	-0.91%	$3500.9B
North Macedonia (MKD) Active	#112	56.2	$6,424	9.36%	0.32%	$15.9B

Decade-by-Decade Historical Milestones (1970–2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for North Macedonia

Metric:

Selected Era: 2023 · Click any node to select