North Macedonia: Unemployment rate

* indicates monthly or quarterly data series
 North Macedonia

Unemployment rate

 Latest value 14.43
 Year 2022
 Measure percent
 Data availability 1991 - 2022
 Average 29.43
 Min - Max 14.43 - 38.8
 Source The World Bank
For that indicator, we provide data for North Macedonia from 1991 to 2022. The average value for North Macedonia during that period was 29.43 percent with a minimum of 14.43 percent in 2022 and a maximum of 38.8 percent in 1996. The latest value from 2022 is 14.43 percent. For comparison, the world average in 2022 based on 179 countries is 7.25 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
North Macedonia - Unemployment rate - recent values

Historical chart
North Macedonia - Unemployment rate - historical chart - 1991-2022




The unemployment rate in North Macedonia and other countries is defined as the number of unemployed people as percent of the labor force. The labor force includes the people who are either employed or unemployed, i.e. who don't have a job but are actively looking for one. The labor force does not include people who are not looking for work, children, and the retired.

The unemployment rate seldom declines below 4-5 percent even during boom times. There are always people who move between different sectors of the economy or between cities. When the economy goes into recession, then unemployment can reach much higher numbers, sometimes even in the double digits.
Definition: Unemployment refers to the share of the labor force that is without work but available for and seeking employment.


 Related indicators Latest value Reference Measure
 Labor force 0.94 2022 million people
 Unemployment rate 14.43 2022 percent
 Female unemployment 14.28 2022 percent
 Male unemployment 15.63 2022 percent
 Youth unemployment 27.20 2023 percent
 Labor force participation 52.59 2023 percent
 Labor force: percent female 40.33 2022 percent
 Female labor force participation 42.64 2023 percent
 Male labor force participation 62.76 2023 percent
 Self-employment 16.54 2022 percent
 Informal employment 11.50 2020 percent
 Employment 0.69 Q3/2023 million employed people
 Unemployment rate 12.85 Q3/2023 percent
 Labor cost 268.55 9/2023 index points
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