North Macedonia Remittances Received
Personal remittances received BX.TRF.PWKR.CD.DT
North Macedonia's remittances received was $452.1M in 2025, ranked 122nd globally. This represents a 1.3% decrease from 2024. Data from World Bank, covering 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.
North Macedonia’s remittance inflows have risen markedly since the late 1990s, expanding from a trough of 63,237,639.00 in 1998 to a peak of 489,643,851.00 in 2021, before settling at 452,112,883.76 in 2025, which places the country 122nd globally. The upward trajectory reflects the deepening diaspora networks that have financed household consumption and small‑business investment, especially after the country’s accession to the European Union’s Stabilisation and Association Process. Compared with peers of similar rank, the 2025 flow is slightly below Hong Kong SAR, China’s 460,703,260.06 and Mongolia’s 462,981,073.05, yet well above Sierra Leone’s 372,203,371.94, underscoring a relatively strong position among small economies. The modest decline from the 2021 high suggests a stabilization phase, but further growth could be spurred by improved labor‑market opportunities abroad and targeted policies that lower transaction costs for migrants sending money home.
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 |
Detected Pattern
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
North Macedonia's remittances received was $452.1M in 2025. Ranked 122nd globally. This represents a 1.3% decrease from the previous year.
North Macedonia's remittances received peaked at $489.6M in 2021.
The lowest remittances received in North Macedonia was $63.2M in 1998.
North Macedonia ranks 122nd globally in remittances received as of 2025.
The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.
North Macedonia's remittances received is projected to reach $452.1M by 2025 based on trend extrapolation.
North Macedonia's remittances received was approximately 452.11 million ($452.1M) in 2025.
The remittances received of North Macedonia in 2025 was $452.1M. This ranks 122nd in the world.
Cite this page
@misc{historysaid_north-macedonia_remittances,
title = {North Macedonia Remittances Received},
url = {https://historysaid.com/north-macedonia/remittances/},
publisher = {HistorySaid},
year = {2026}
}