Macedonia Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Macedonia; country and population overview  DATA ON GDP AND ECONOMIC INFORMATION DATA ON TRADE AND COMPETITIVENESS | Current account balance |  | US$ -0.4 billion (2010 estimate)(After 2008) | | Current account balance by percentage of GDP | | -4.2% of GDP (2010 estimate)(2009) | | Exports as percent of GDP (Exports of goods and services) | | 44.3% (2009) (Data released on December 2010) | | Shares in world total merchandising export | | 0.02%(2007) (Data were released in Nov 2011 and refer to 2010) | | Shares in world total commercial services export | | 0.02%(2007) (Data were released in Nov 2011 and refer to 2010) | | Total exports | | US$3.171 billion f.o.b. (2010 estimate) | | Export commodities | | food, beverages, tobacco; textiles, miscellaneous manufactures, iron and steel | | Total imports | | US$6.663 billion f.o.b. (2008 estimate) | | Import commodities | | machinery and equipment, automobiles, chemicals, fuels, food products | | Exports - major partners | | Serbia and Montenegro 19.2%, Germany 14.5%, Greece 10.4%, Italy 10.1%, Bulgaria 9.8%, Croatia 5.6%, Belgium 5%, Spain 5% (2007) | | Imports - major partners | | Germany 13.2%, Greece 12.9%, Bulgaria 9.6%, Serbia and Montenegro 7.7%, Turkey 6.6%, Italy 6.3%, Slovenia 5% (2007) | | FDI inflows | | | 2008 | 2009 | 2010 | | | US$586 million | US$201 million(2009) | US$293 million(2009) | |
| | FDI outflows | | | 2008 | 2009 | 2010 | | | US$-14 million | US$11 million | US$2 million | |
| | Value of cross-border M&A, by country of purchaser | | | 2008 | 2009 | 2010 | 2011 | | N/A | N/A(2009) | N/A(2009) | N/A |
| | Cross-border M&A deals worth over $3 billion completed in 2008 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal) | | N/A (for a monthly update on M&A click here ) | | Cross-border M&A deals worth over $3 billion completed in 2010 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal) | | N/A(2008 estimate) (for a monthly update on M&A click here ) | Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.) | | Overall ranking: 38 out of 183 countries(2009) (2010) Subcategories: Starting a business: 5 out of 183 countries(2009) Registering property: 69 out of 183 countries Paying Taxes: 33 out of 183 countries Getting credit: 46 out of 183 countries Protecting investors: 20 out of 183 countries Trading across border: 66 out of 183 countries Enforcing Contracts: 65 out of 183 countries (2010) | Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best) | | 79 (2011/2012) | Index of Economic Freedom WSJ and Heritage Foundation | | Ranking: 55 Score: 66 (Moderately Free) (2009) (100=totally free 0=totally repressed ) |
COUNTRY AND POPULATION OVERVIEW | Time zone | | UTC+1 | | Total area | | 25,713 km2 (2006) | | Capital | | Skopje (2009) | | Currency | | Macedonian denars (MKD) (2009) | | Government type | | parliamentary democracy (2009) | | Languages | | Macedonian 66.5%, Albanian 25.1%, Turkish 3.5%, Roma 1.9%, Serbian 1.2%, other 1.8% (2002 census) | | Religions | | Macedonian Orthodox 64.7%, Muslim 33.3%, other Christian 0.37%, other and unspecified 1.63% (2002 census) | | Total population | | | 1980 | 1990 | 2000 | 2010* | 2015** | | N/A | N/A | 2.01 million | 2.07 million | 2.12 million |
*Estimate **Forecast | | Urban population as % of total population | | | 1960 | 1980 | 2000 | 2009 | | 34% | 53.5% | 62.9% | 67.4% |
| | Population median age | | 35.0 years (2006) | | Population growth rate | | 0.1% (2009) | | Life expectancy | | 74 years (2007) | | Adult literacy | | 97% (2000/2007) | | % of population living on less than $2 a day | | 4.26% (2011) | | Inequality of wealth distribution (Gini index) | | 44.2 (2008) (0=perfect equality, 100=absolute inequality) | | Freedom House rating | | Political Rights:3
Civil Liberties:3 (2010) (1 represents the most free, 7 the least free) | | Total telephone subscribers as % of population | | 124.55% (2010) (sum of fixed telephone lines and mobile cellular subscribers) | | Internet users as % of total population | | 51.9% (Data were released in 2011 and refer to 2010) | | Cost of living index (ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive) | | Skopje: 200th (2011) | CO2 emissions
(Metric tons of CO2 per capita) | | 5.7879 (2008) |
 GLOBAL FINANCE RANKINGS AND AWARDS WORLD'S BEST EMERGING MARKET BANKS2012:- COUNTRY WINNERS Komercijalna Banka AD Skopje (National, 2012)
2011:- COUNTRY WINNERS Komercijalna Banka AD Skopje (National, 2011)
2010:- COUNTRY WINNERS Komercijalna Bank (National, 2010)
2009:- COUNTRY WINNERS Komercijalna Banka (National, 2009)
WORLD'S BEST FOREIGN EXCHANGE PROVIDERS2012:- COUNTRY WINNERS Komercijalna Banka ad Skopje (National, 2012)
2011:- COUNTRY WINNERS Komercijalna Banka ad Skopje (National, 2011)
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE |
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