North Macedonia: Industrial production
* indicates monthly or quarterly data series
The most recent value is -1.9 percent as of May 2026, a decline compared to the previous value of 7.7 percent. Historically, the average for North Macedonia from January 2001 to May 2026 is 1.22 percent. The minimum of -33.5 percent was recorded in April 2020, while the maximum of 46 percent was reached in April 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | North Macedonia: Industrial production, annual percent change |
|---|---|
| 2026 May | -1.9 |
| 2026 Apr | 7.7 |
| 2026 Mar | 3 |
| 2026 Feb | -4.2 |
| 2026 Jan | -6.7 |
| 2025 Dec | 2.4 |
| 2025 Nov | -2.8 |
| 2025 Oct | 2.7 |
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Definition: The indicator shows the percent change in the index of industrial production from the same month last year. Industrial production includes mining and quarrying, manufacturing, and electricity production.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | -1.90 | 5/2026 | percent |
| Retail sales | 105.70 | 4/2026 | index points |
| Retail sales Y-on-Y | 2.13 | 4/2026 | percent |
| House price index | 199.11 | Q1/2026 | index points |
| Real residential property prices Y-on-Y change | 12.55 | Q1/2026 | percent |
| Business confidence survey | 0.26 | 2/2025 | points |
| Consumer confidence | -8.50 | 6/2026 | points |