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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 %)
Year Poverty Rate (%)
2019 3.9%
2018 4.3%
2017 5.6%
2016 5.7%
2015 7%
2014 6.4%
2013 7.4%
2012 9.1%
2011 10.9%
2010 12.8%
2009 12.1%
2008 1.4%
2006 4.6%
2005 3.1%
2004 1.4%
2003 2.8%
2002 3%
2000 11.7%
1998 3.3%
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).