|
Macedonia - General economic indicators
| Indicators |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
| 1. GDP, USD bln |
3.390 |
3.439 |
3.540 |
3.633 |
3.818 |
3.775 |
| 2. GDP per capita, USD |
1,709 |
1,722 |
1,763 |
1,801 |
1,885 |
1,853 |
| 3. Real GDP growth rate, % |
1.2 |
1.4 |
3.4 |
4.3 |
4.3 |
-4.1 |
| 4. Industrial production growth rate, % |
4.0 |
4.9 |
4.5 |
-2.6 |
3.5 |
-10.1 |
| 5. Annual inflation rate, % |
3.0 |
4.4 |
0.8 |
-1.1 |
5.8 |
5.5 |
| 6. Annual unemployment rate, % |
31.9 |
36.0 |
34.5 |
32.4 |
32.1 |
30.5 |
| 7. Average monthly gross salary, USD |
220.4 |
182.0 |
172.4 |
169.1 |
154.7 |
155.1 |
| 8. Current account balance, USD mln |
-288.14 |
-276.44 |
-308.59 |
-113.41 |
-115.44 |
-353.20 |
| 9. Gross external debt stock, end of year, USD mln |
1,170 |
1,130 |
1,450 |
1,440 |
1,436 |
1,378 |
| 10. Foreign exchange reserves, USD mln |
270 |
280 |
334 |
458 |
710 |
775.15 |
| 11. Exchange rate of MKD for 1 USD, end of year |
41.4 |
55.4 |
51.8 |
60.3 |
65.3 |
69.2 |
Source: National Bank of the Republic of Macedonia
Operational costs
| Nominal salary growth, %, year 2001 |
3.5 |
| Average monthly salary MKD [1] May 2002 |
10,881 |
| Corporate tax, highest brackets, % |
15 |
| VAT, % |
5 and 19 |
| Income tax, highest brackets, % |
for monthly income up to MKD 30.000 the income tax is 15%, and for monthly income above MKD 30.000 the income tax is 18%. |
| Price of land for industrial use, EUR per sq m |
5-50 |
| Price of arable land |
0.5-1 |
| Office buy prices, EUR per sq m |
400-1,500 |
| Office rent prices |
5-20 |
| Water charges, MKD/m3 + 5% VAT |
|
| for industrial use |
33.23 |
| for households use |
14.83 |
|
50 |
| Monthly subscription fee per telephone connection, MKD |
|
| for residential subscribers |
300 |
| for business subscribers |
600 |
| fee, EUR |
82 |
| Monthly subscription fee per connection, MKD |
810-1,080 |
| International phone call charges, MKD per minute |
16-75 |
| Electricity prices – for industrial use/for households |
|
| for industrial use, MKD/kWh + 5% VAT |
3.4877 |
| for households, expensive tariff plus 5% VAT, MKD/kWh |
2.5230 |
| for households, cheap tariff plus 5% VAT, MKD/kWh |
1.2570 |
[1] MKD 60.96 = EUR 1
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