North Macedonia Poverty Rate
North Macedonia's poverty rate fell to 3.9% in 2019, down from 4.3% in 2018, according to World Bank. This represents a decrease of 0.4% from the previous year. North Macedonia has poverty rate higher than the global median (3.90% vs median 1.90%). Compared with the median in Europe, North Macedonia is higher (3.90% vs regional median 0.30%) and ranks 2nd out of 41 countries in Europe.
North Macedonia's annual unemployment rate rose to 13.42% in 2024, up from 13.17% in 2023.
Yearly Historical Data (1998-2019)
(in %)North Macedonia Poverty Rate : Definition
Poverty Rate measures the percentage of people in North Macedonia living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).