Home North Macedonia Employment Unemployment Rate

North Macedonia Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

12.26% −0.75pp (-5.8%)
Year 2025 Rank #160 Global Peak 38.80% (1996) Source World Bank

North Macedonia Unemployment Rate (1991–2025)

Overview

North Macedonia's unemployment rate stood at 12.26% in 2025, a decline of +0.75pp from 2024. The IMF projects 12.84% by 2025. North Macedonia ranked 160th globally.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 12.10% - -
2029* IMF 12.20% - -
2028* IMF 12.40% - -
2027* IMF 12.50% - -
2026* IMF 12.70% - -
2025* IMF 12.84% - -
2025 12.26% −0.75pp #160
2024 12.27% −0.79pp #165
2023 13.17% −1.20pp #169
2022 14.48% −0.95pp #170
2021 15.80% −0.35pp #173
2020 16.58% −0.57pp #172
2019 17.41% −3.19pp #179
2018 21.21% −1.07pp #187
2017 22.86% −0.89pp #187
2016 24.31% −1.74pp #188
2015 26.40% −1.63pp #190
2014 28.22% −0.79pp #191
2013 29.02% −1.98pp #191
2012 31.10% −0.28pp #191
2011 31.50% −0.55pp #191
Show all years (1991-2025)
* IMF World Economic Outlook projection

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 unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is North Macedonia's unemployment rate?

North Macedonia's unemployment rate was 12.26% in 2025. Ranked 160th globally. This represents a 5.8% decrease from the previous year.

What was the highest unemployment rate in North Macedonia?

North Macedonia's unemployment rate peaked at 38.80% in 1996.

What was the lowest unemployment rate in North Macedonia?

The lowest unemployment rate in North Macedonia was 12.26% in 2025.

How does North Macedonia rank in unemployment rate?

North Macedonia ranks 160th globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of North Macedonia in 2025?

North Macedonia's unemployment rate is projected to reach 12.84% by 2025 based on IMF projection.

What is the unemployment rate of North Macedonia in 2025?

The unemployment rate of North Macedonia in 2025 was 12.26%. This ranks 160th in the world.

Cite this page

APA
North Macedonia Unemployment Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/north-macedonia/unemployment-rate
BibTeX
@misc{historysaid_north-macedonia_unemployment-rate, title = {North Macedonia Unemployment Rate}, url = {https://historysaid.com/north-macedonia/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }