Go to main content

North Macedonia

North Macedonia has been a full member of the German Economic Team since 2026. The country is of particular economic interest due to its low taxes and labour costs, its strategic location in the Balkans, and its attractive conditions for foreign investors.

Publikationen

Newsletters

Show all

Economic Monitors

Show all

  • Economic Monitor
    North Macedonia
    WA 04 | May 2026

    North Macedonia’s economy grew by 3.5% in 2025, driven primarily by investment. The IMF forecasts growth of 3.1% for 2026, whilst the country’s close ties with the EU make its economy vulnerable to the weaker growth outlook in Europe. Higher energy prices resulting from the Iran conflict are likely to push up inflation and widen the trade deficit.

Policy Publications

Show all

Sebastian Staske

Project Manager North Macedonia

Sebastian Staske has been working for Berlin Economics since 2020 and is the country coordinator responsible for the German Economic Team’s advisory activities in North Macedonia.

Learn more

About the German Economic Team

The German Economic Team is financed by the Federal Ministry for Economic Affairs and Energy (BMWE). Berlin Economics is commissioned with the project implementation.