Investment in Macedonia

Macedonia Investment | Economic News & Forecasts

Macedonia - Investment

The economy appears to have ended 2018 on a solid note. Tourism remained strong in November, while industrial production growth quickened in December. On 25 January, the Greek parliament voted to ratify the Prespa Agreement, signaling Greece’s support for the formal name change to the Republic of North Macedonia—ratified by the Macedonian parliament in October—and the end to a nearly 30-year-long feud. This should be followed by Macedonia’s swift accession to NATO, with an accession protocol expected to be signed on 6 February. Moreover, the name change should lead to more concrete negotiations over EU membership and will likely renew investor confidence.

Macedonia - Investment Data

2013  2014  2015  2016  2017  
Investment (annual variation in %)0.5  11.7  8.3  13.3  -4.5  

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Note: Total investment, annual variation in %.

Macedonia Facts

ValueChangeDate
Exchange Rate54.61-0.56 %Feb 14
Stock Market0.10.0 %Nov 26

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