
North Macedonia

North Macedonia
Population
1,820,909 (2025)
Average Monthly Net Salary (USD)
740
Average Mortgage Rate
5.10%
Annual GDP (USD)
19,101,199,817 (2025)
National Debt (USD)
8,630,000,000 (2025)
Unemployment Rate
12.26% (2025)
Armed Forces (active & reserve)
14,000
Military Expenditure (% GDP)
2.10% (2024)
Fertility Rate
1.40 (2024)
Life Expectancy at birth
76.6 years (2024)
Population Growth
-0.19% (2025)
Net Migration
-5,645 (2025)
Notable Facts
The Republic of North Macedonia is a landlocked nation situated in the heart of the Balkan Peninsula in Southeast Europe. Its modern borders were established following its peaceful withdrawal from the Socialist Federal Republic of Yugoslavia in 1991. For nearly three decades, the country’s international integration was complicated by a naming dispute with Greece, which was finally resolved through the 2018 Prespa Agreement. This diplomatic accord led to the formal adoption of the name "North Macedonia" in February 2019, paving the way for its accession to NATO in 2020. The state functions as a parliamentary republic, with a 120-seat unicameral Assembly (the Sobranie) serving as the primary legislative body.
The geography of North Macedonia is defined by a rugged, mountainous landscape interspersed with deep river valleys and tectonic basins. The country is part of a major transportation corridor linking Central Europe to the Aegean Sea via the Vardar River valley. The Vardar is the nation’s longest and most significant waterway, bisecting the territory from the northwest to the southeast. Approximately 80% of the land is comprised of hills and mountains, with the Šar Mountains in the west and the Osogovo-Belasica range in the east. The highest point is Mount Korab, which reaches an elevation of 2,764 meters on the border with Albania.
The climate is a unique transition between Mediterranean and continental influences. The southern regions and the Vardar valley experience hot, dry summers and mild winters influenced by the Aegean Sea, while the northern and mountainous interior faces more severe, snowy winters and temperate summers. This climatic diversity supports a robust agricultural sector, particularly in the fertile Pelagonia and Polog plains. The country receives an average of 280 sunny days per year, which is a critical factor for its viticulture and solar energy potential. Natural hazards are primarily seismic, as the region sits on an active fault line, most notably resulting in the catastrophic 1963 Skopje earthquake.