Home North Macedonia Trade Remittances Received

North Macedonia Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

$452.1M −$6.1M (-1.3%)
Year 2025 Rank #122 Global Peak $489.6M (2021) Source World Bank

North Macedonia Remittances Received (1996–2025)

Overview

North Macedonia's remittances received stood at $452.1M in 2025, a decline of +$6.1M from 2024. Based on recent trends, this figure is projected to reach $452.1M by 2025. North Macedonia ranked 122nd globally.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $441.9M - -
2026* trend $447.0M - -
2025* trend $452.1M - -
2025 $452.1M −$6.1M #122
2024 $458.2M −$4.2M #63
2023 $462.5M +$5.9M #64
2022 $456.6M −$33.1M #66
2021 $489.6M +$19.6M #74
2020 $470.1M +$115.5M #76
2019 $354.6M −$24.6M #67
2018 $379.2M +$34.3M #65
2017 $344.9M +$28.7M #69
2016 $316.3M −$10.6M #65
2015 $326.9M −$56.5M #69
2014 $383.4M +$7.3M #71
2013 $376.1M −$18.1M #70
2012 $394.2M −$40.0M #75
2011 $434.1M +$46.2M #78
Show all years (1996-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.7% GDP growth 2.6% C/A balance 0.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

North Macedonia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is North Macedonia's remittances received?

North Macedonia's remittances received was $452.1M in 2025. Ranked 122nd globally. This represents a 1.3% decrease from the previous year.

What was the highest remittances received in North Macedonia?

North Macedonia's remittances received peaked at $489.6M in 2021.

What was the lowest remittances received in North Macedonia?

The lowest remittances received in North Macedonia was $63.2M in 1998.

How does North Macedonia rank in remittances received?

North Macedonia ranks 122nd globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of North Macedonia in 2025?

North Macedonia's remittances received is projected to reach $452.1M by 2025 based on trend extrapolation.

What is North Macedonia's remittances received in million?

North Macedonia's remittances received was approximately 452.11 million ($452.1M) in 2025.

What is the remittances received of North Macedonia in 2025?

The remittances received of North Macedonia in 2025 was $452.1M. This ranks 122nd in the world.

Cite this page

APA
North Macedonia Remittances Received. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/north-macedonia/remittances
BibTeX
@misc{historysaid_north-macedonia_remittances, title = {North Macedonia Remittances Received}, url = {https://historysaid.com/north-macedonia/remittances}, publisher = {HistorySaid}, year = {2026} }