North Macedonia: Unemployment rate forecast

The latest value from 2028 is 12.5 percent, a decline from 12.6 percent in 2027. In comparison, the world average is 6.50 percent, based on data from 99 countries. Historically, the average for North Macedonia from 1996 to 2028 is 26.09 percent. The minimum value, 12.5 percent, was reached in 2028 while the maximum of 37.25 percent was recorded in 2005. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: The unemployment rate is the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). The series includes actual historical values for past years and forecast values for the current and the next few years.