Cities With Highest Cost Of Living

Cities With Highest Cost Of Living

Mercer’s Global Cost of Living Rankings uses New York as the base city, comparing 214 cities against it. The rankings measure the comparative cost of over 200 items, including housing, transportation, food, clothing, household goods, and entertainment.

 
 
Source
Central bank

National Bank of the Republic of Macedonia

International Reserves

US$ 3.186 billion (Source: IMF; Data updated: 2014)

Gross Domestic Product - GDP

US$ 12 billion (2015 estimate)

GDP (Purchasing Power Parity)

29 billion of International dollars (2015 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
2.8% 4.1% 4.4% 5.0% 6.1% 5.0% -0.9% 2.9%
2011 2012 2013 2014* 2015*      
2.8% -0.4% 2.9% 3.4% 3.6%      

*Estimate

GDP per capita - current prices

US$ 5,688 (2015 estimate)

GDP per capita - PPP

13,901 International Dollars (2015 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015*
N/A N/A 0.03% 0.03% 0.03%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 10.2% 
  • industry: 27.5% 
  • services: 62.3% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

Inflation
2011 2012 2013 2014* 2015*
3.9% 3.3% 2.8% 1.0%

1.5%

*Estimate

Unemployment rate
2011 2012 2013 2014* 2015*
31.4% 31.3% 30.0% 29.0%

28.0%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014* 2015*
24.5% 27.9% 33.4% 35.9% 36.3%

37.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014* 2015*
-2.4% -2.5% -3.9% -4.1% -3.5%

-3.2%

*Estimate    

Government bond ratings

Standard & Poor's: BB-

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2011 2012 2013
US$2.495 billion US$2.423 billion US$2.214 billion
Largest companies in Macedonia

N/A

 
 
Source
Current account balance

US$ -428 million (2014 estimate)

Current account balance by percentage of GDP

-3.865% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

53.8% (2013)

Shares in world total merchandising export

N/A

Shares in world total commercial services export

N/A

Total exports

US$4.267 billion (2013 estimate) 

Export commodities

food, beverages, tobacco; textiles, miscellaneous manufactures, iron, steel; automotive parts

Total imports

US$6.6 billion (2013 estimate) 

 
 
Source
Import commodities

machinery and equipment, automobiles, chemicals, fuels, food products

Exports - major partners

Germany 36.9%, Bulgaria 7.6%, Italy 6.5%, Kosovo 6.5%, Serbia 6.3%, Greece 5% (2012 est.)

Imports - major partners

Great Britain 11%, Greece 10.6%, Germany 10.5%, Serbia 7.9%, Italy 6.5%, China 5.8%, Bulgaria 5.5%, Turkey 4.8% (2012 est.)

FDI inflows
2011 2012 2013
US$468 million US$93 million US$334 million
FDI outflows
2011 2012 2013  
US$0 US$-8 million US$-2 million  
Value of cross-border M&A; by country of purchaser
2010 2011 2012 2013
US$0 US$0 US$0 US$0
Cross-border M&A; deals worth over $3 billion completed in 2012 (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 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(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 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 25 out of 189 countries (2013)

Subcategories:

Starting a business: 7 out of 189 countries

Enforcing Contracts: 95 out of 189 countries

Registering Property: 84 out of 189 countries

Getting credit: 3 out of 189 countries

Protecting investors: 16 out of 189 countries

Trading across border: 89 out of 189 countries

Paying Taxes: 26 out of 189 countries

Dealing with Construction Permits: 63 out of 189 countries

Getting Electricity: 76 out of 189 countries

Resolving Insolvency: 52 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

63

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 43 Score: 68.6 (Moderately Free) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC+1

Total area

25,713 sq km

Capital

Skopje 

Currency

Macedonian denars (MKD) 

Government type

parliamentary democracy

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
1990 2000 2010 2014* 2019**
N/A 2.01 million 2.057 million 2.076 million 2.099 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
34% 53% 59% 57%
Population median age

36.8 years (2014 estimate)

Population growth rate

0.21% (2014 est.)

Life expectancy

75.8 years (2014 estimate)

Adult literacy

97.4% (2011 estimate)

% of population living on less than $2 a day

4.2% (2008)

Inequality of wealth distribution (Gini index)

44.2 (2008)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 3
Civil Liberties: 3 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 19.0%   Mobile 106.2%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

 

Internet users as % of total population

61.20% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Skopje: 193rd (2014)

CO2 emissions(Metric tons of CO2 per capita)

5.2 (2010)

World's Best Developed & Emerging Markets Banks

World's Best Subcustodian Banks

World’s Best Foreign Exchange Providers

World's Best Banks By Region

World's Best Banks

2013

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