HOME   |   SEE NEWS *  |   SEE BUSINESS DIRECTORY *  |   SEE TRADE CENTER *

CONTACT

IRREPLACEABLE GUIDELINE
FOR INVESTORS IN
SOUTH EAST EUROPE

   
  xPLICIT
    SBS - IPS
  xPRESSION
  xECUTIVE
    Article 1
    Article 2
  xCLUSIVE
    Article 1
    Article 2
  xPERIENCE
    Article 1
    Article 2
  xPLORER
    Article 1
    Article 2
  xHIBITION
    Article 1
    Article 2
  xCANGE
  xTREME
    Article 1
    Article 2
  xPERT
    Article 1
    Article 2
FYR MACEDONIA:
Area: total: 25,333 sq km
land: 24,856 sq km
water: 477 sq km
Land boundaries: total: 766 km
border countries: Albania 151 km, Bulgaria 148 km, Greece 246 km, Serbia 221 km
Coastline: 0 km
Natural resources: low-grade iron ore, copper, lead, zinc, chromite, manganese, nickel, tungsten, gold, silver, asbestos, gypsum, timber, arable land
Population: 2,050,554

0-14 years: 20.1% (male 213,486/female 199,127)
15-64 years: 68.9% (male 711,853/female 701,042)
65 years and over: 11% (male 98,618/female 126,428)
Administrative divisions: 85 municipalities (opstini, singular - opstina); Aerodrom (Skopje), Aracinovo, Berovo, Bitola, Bogdanci, Bogovinje, Bosilovo, Brvenica, Butel (Skopje), Cair (Skopje), Caska, Centar (Skopje), Centar Zupa, Cesinovo, Cucer-Sandevo, Debar, Debartsa, Delcevo, Demir Hisar, Demir Kapija, Dojran, Dolneni, Drugovo, Gazi Baba (Skopje), Gevgelija, Gjorce Petrov (Skopje), Gostivar, Gradsko, Ilinden, Jegunovce, Karbinci, Karpos (Skopje), Kavadarci, Kicevo, Kisela Voda (Skopje), Kocani, Konce, Kratovo, Kriva Palanka, Krivogastani, Krusevo, Kumanovo, Lipkovo, Lozovo, Makedonska Kamenica, Makedonski Brod, Mavrovo i Rastusa, Mogila, Negotino, Novaci, Novo Selo, Ohrid, Oslomej, Pehcevo, Petrovec, Plasnica, Prilep, Probistip, Radovis, Rankovce, Resen, Rosoman, Saraj (Skopje), Skopje, Sopiste, Staro Nagoricane, Stip, Struga, Strumica, Studenicani, Suto Orizari (Skopje), Sveti Nikole, Tearce, Tetovo, Valandovo, Vasilevo, Veles, Vevcani, Vinica, Vranestica, Vrapciste, Zajas, Zelenikovo, Zelino, Zrnovci
note: the ten municipalities followed by Skopje in parentheses collectively constitute "greater Skopje"
International organization participation: BIS, CE, CEI, EAPC, EBRD, FAO, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM (observer), IPU, ISO, ITU, MIGA, OIF, OPCW, OSCE, PCA, PFP, SECI, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO
Economy overview: At independence in September 1991, Macedonia was the least developed of the Yugoslav republics, producing a mere 5% of the total federal output of goods and services. The collapse of Yugoslavia ended transfer payments from the central government and eliminated advantages from inclusion in a de facto free trade area. An absence of infrastructure, UN sanctions on the downsized Yugoslavia, one of its largest markets, and a Greek economic embargo over a dispute about the country's constitutional name and flag hindered economic growth until 1996. GDP subsequently rose each year through 2000. However, the leadership's commitment to economic reform, free trade, and regional integration was undermined by the ethnic Albanian insurgency of 2001. The economy shrank 4.5% because of decreased trade, intermittent border closures, increased deficit spending on security needs, and investor uncertainty. Growth barely recovered in 2002 to 0.9%, then rose by 3.4% in 2003, 4.1% in 2004, and 3.7% in 2005. Macedonia has maintained macroeconomic stability with low inflation, but it has lagged the region in attracting foreign investment and job growth has been anemic. Macedonia has an extensive grey market, estimated to be more than 20 percent of GDP, that falls outside official statistics.
GDP official exchange rate: $5.304 billion
real growth rate: 4%
per capita (PPP): $7,800
Industries: food processing, beverages, textiles, chemicals, steel, cement, energy, pharmaceuticals
Industrial production growth rate: 6.8%
Exports: $2.047 billion f.o.b.
Exports - partners: Germany 17.8%, Greece 15.3%, Italy 8.3%
Imports: $3.196 billion f.o.b.
Russia 13.2%, Germany 10.4%, Greece 9.2%, Bulgaria 7.3%, Italy 6%
Debt - external: $2.19 billion



  SEE Countries
  Relevant Organizations
  Projects
   



 

Copuright SEE Report, All rights reserved   |

   Legal Notice  

Powered by