Europe > Macedonia, Republic of > Economy

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Bank liquid reserves to bank assets ratio	12.56		[66th of 172]
View time series
Big Mac Index	$1.90		[48th of 65]
DEFINITION: Price of a McDonald's Big Mac in US Dollars at current exchange rates. January 12th, 2006.
SOURCE: World Development Indicators database
Consumer price index	109.68 %		[129th of 165]
DEFINITION: Consumer price index reflects changes in the cost to the average consumer of acquiring a fixed basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. 2000 = 100		View time series
SOURCE: The Economist.
Debt service	12.88		[51st of 128]
DEFINITION: Total debt service (% of exports of goods and services). Total debt service is the sum of principal repayments and interest actually paid in foreign currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Exports of goods and services includes income and workers' remittances.
SOURCE: World Development Indicators database
Economic freedom	1.75		[95th of 156]
DEFINITION: Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.
Exports to US	$22,200,000.00		[120th of 224]
DEFINITION: in US dollars. Jan 2003 - March 2003
SOURCE: The Heritage Foundation
GDP > PPP	$13,533,000,000.00		[115th of 163]
DEFINITION: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004.
SOURCE: US Census Bureau
GDP growth > annual %	3.96 annual %		[104th of 187]
DEFINITION: Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.		View time series
SOURCE: World Bank. 2005. World Development Indicators 2005.
GDP per capita, PPP > current international $	7,199.92 PPP $		[71st of 169]
DEFINITION: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.		View time series
SOURCE: World Development Indicators database
GINI index	38.99		[19th of 40]
DEFINITION: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.		View time series
SOURCE: World Development Indicators database
Gross fixed capital formation > constant 2000 US$	724,993,700 constant 2000 US$		[99th of 145]
DEFINITION: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2000 U.S. dollars.		View time series
SOURCE: World Development Indicators database
Gross National Income	$3,456,590,000.00		[114th of 172]
DEFINITION: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop).
SOURCE: World Development Indicators database
Human Development Index	0.797		[60th of 178]
DEFINITION: The human development index values in this table were calculated using a consistent methodology and consistent data series. They are not strictly comparable with those in earlier Human Development Reports.
Imports of goods, services and income > BoP, current US$	3,755,132,000 BoP $		[101st of 156]
DEFINITION: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars.		View time series
SOURCE: Human Development Report 2006, United Nations Development Programme
Income category	Lower middle income
DEFINITION: World Bank income categories are used
SOURCE: World Development Indicators database
Services, etc., value added > constant 2000 US$	1,796,602,000 constant 2000 US$		[103rd of 164]
DEFINITION: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2000 U.S. dollars.		View time series
SOURCE:
Stock exchange Macedonian Stock Exchange
DEFINITION: The nation's major stock exchange.
SOURCE: World Development Indicators database
Total reserves minus gold > current US$	1,228,514,000 $		[99th of 178]
DEFINITION: Total reserves minus gold comprise special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. Gold holdings are excluded. Data are in current U.S. dollars.		View time series
SOURCE: Global Edge
Tourist arrivals by region of origin > Europe	182,534		[94th of 195]
SOURCE: World Development Indicators database		View time series
Trade balance with US	-$18,100,000.00		[140th of 224]
DEFINITION: In US dollars. Jan 2003 - March 2003
SOURCE: Source: World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization

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