North Macedonia Real GVA per Person Employed: Annual Growth: Business Sector Services excluding Real Estate data was reported at 1.150 % in 2020. This records a decrease from the previous number of 3.120 % for 2019. North Macedonia Real GVA per Person Employed: Annual Growth: Business Sector Services excluding Real Estate data is updated yearly, averaging 2.160 % from Dec 2001 (Median) to 2020, with 20 observations. The data reached an all-time high of 19.670 % in 2010 and a record low of -22.870 % in 2009. North Macedonia Real GVA per Person Employed: Annual Growth: Business Sector Services excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Gross Value Added: Per Person Employed: Non OECD Member: Annual.

North Macedonia Real GVA per Person Employed: Index: Business Sector Services excluding Real Estate data was reported at 113.820 2015=100 in 2020. This records an increase from the previous number of 112.530 2015=100 for 2019. North Macedonia Real GVA per Person Employed: Index: Business Sector Services excluding Real Estate data is updated yearly, averaging 99.390 2015=100 from Dec 2000 (Median) to 2020, with 21 observations. The data reached an all-time high of 114.940 2015=100 in 2008 and a record low of 77.760 2015=100 in 2001. North Macedonia Real GVA per Person Employed: Index: Business Sector Services excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Gross Value Added: Per Person Employed: Non OECD Member: Annual.

North Macedonia Real GVA per Person Employed: Index: Non Agriculture Business Sector excluding Real Estate data was reported at 104.150 2015=100 in 2020. This records an increase from the previous number of 102.600 2015=100 for 2019. North Macedonia Real GVA per Person Employed: Index: Non Agriculture Business Sector excluding Real Estate data is updated yearly, averaging 91.460 2015=100 from Dec 2000 (Median) to 2020, with 21 observations. The data reached an all-time high of 104.150 2015=100 in 2020 and a record low of 62.180 2015=100 in 2000. North Macedonia Real GVA per Person Employed: Index: Non Agriculture Business Sector excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Gross Value Added: Per Person Employed: Non OECD Member: Annual.

North Macedonia Real GVA: Annual Growth: Non Agriculture Business Sector excluding Real Estate data was reported at 2.440 % in 2022. This records a decrease from the previous number of 3.500 % for 2021. North Macedonia Real GVA: Annual Growth: Non Agriculture Business Sector excluding Real Estate data is updated yearly, averaging 4.350 % from Dec 2001 (Median) to 2022, with 22 observations. The data reached an all-time high of 12.040 % in 2010 and a record low of -6.960 % in 2020. North Macedonia Real GVA: Annual Growth: Non Agriculture Business Sector excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Gross Value Added: Non OECD Member: Annual.

Revenue is forecast to contract at a compound annual rate of 2% over the five years through 2025 to €44.7 billion. This is mostly the result of COVID-19 restrictions dampening downstream demand in 2020. While 2021 saw some recovery, poor economic conditions since 2022 have stifled any significant recovery, continuing to weigh on the industry’s revenue performance. In 2025, revenue is slated to dip by 1.1% owing to the cooling housing market, despite significant investment in civil engineering projects across Europe. Despite public funding and support for new residential properties, a weaker housing market has limited stone and aggregates demand from property developers. This is primarily the result of persistently high interest rates, inhibiting borrowing and investing. Another key factor is the decline in cement and concrete manufacturing (two key downstream markets) in Europe since 2021, according to CEMBUREAU, owing to construction companies moving towards lower embedded CO2 construction materials. Still, revenue has been propped up by growing demand from non-construction markets, like glass manufacturers, fertiliser manufacturers and other industrial and building-environment solutions applications (like sand and gravel being used to prevent coastline erosion) Over the five years through 2030, revenue is forecast to grow at a compound annual rate of 2.5%, to €50.7 billion. Economic conditions are likely to remain fairly weak in the short to medium term as inflation remains above the universal 2% target. The elevated rate of inflation will ensure central banks delay any reductions in the base rate, keeping the cost of borrowing high for would-be home buyers. Weaker demand for houses will contribute to weak price performance and disincentivise developers from increasing production, weighing on activity levels in the construction sector. However, pockets of opportunity will remain in alternative uses of stone, clay, gravel and sand.

North Macedonia Real GVA: Annual Growth: Business Sector Services excluding Real Estate data was reported at 6.550 % in 2022. This records a decrease from the previous number of 6.610 % for 2021. North Macedonia Real GVA: Annual Growth: Business Sector Services excluding Real Estate data is updated yearly, averaging 6.535 % from Dec 2001 (Median) to 2022, with 22 observations. The data reached an all-time high of 20.720 % in 2007 and a record low of -9.760 % in 2009. North Macedonia Real GVA: Annual Growth: Business Sector Services excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Gross Value Added: Non OECD Member: Annual.

North Macedonia Real GVA per Person Employed: Annual Growth: Non Agriculture Business Sector excluding Real Estate data was reported at 1.510 % in 2020. This records a decrease from the previous number of 2.320 % for 2019. North Macedonia Real GVA per Person Employed: Annual Growth: Non Agriculture Business Sector excluding Real Estate data is updated yearly, averaging 2.355 % from Dec 2001 (Median) to 2020, with 20 observations. The data reached an all-time high of 14.470 % in 2010 and a record low of -8.270 % in 2009. North Macedonia Real GVA per Person Employed: Annual Growth: Non Agriculture Business Sector excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Gross Value Added: Per Person Employed: Non OECD Member: Annual.

North Macedonia Total Employment: Annual Growth: Business Sector Services excluding Real Estate data was reported at -8.700 % in 2020. This records a decrease from the previous number of 3.050 % for 2019. North Macedonia Total Employment: Annual Growth: Business Sector Services excluding Real Estate data is updated yearly, averaging 3.020 % from Dec 2001 (Median) to 2020, with 20 observations. The data reached an all-time high of 17.000 % in 2009 and a record low of -8.700 % in 2020. North Macedonia Total Employment: Annual Growth: Business Sector Services excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Employment: by Industry: Non OECD Member: Annual.

North Macedonia Unit Labour Costs: Employment Based: Index: Non Agriculture Business Sector excluding Real Estate data was reported at 116.570 2015=100 in 2018. This records an increase from the previous number of 112.320 2015=100 for 2017. North Macedonia Unit Labour Costs: Employment Based: Index: Non Agriculture Business Sector excluding Real Estate data is updated yearly, averaging 107.250 2015=100 from Dec 2000 (Median) to 2018, with 19 observations. The data reached an all-time high of 123.830 2015=100 in 2000 and a record low of 97.830 2015=100 in 2013. North Macedonia Unit Labour Costs: Employment Based: Index: Non Agriculture Business Sector excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Unit Labour Costs: by Industry: Non OECD Member: Annual.

North Macedonia Unit Labour Costs: Employment Based: Index: Business Sector Services excluding Real Estate data was reported at 107.810 2015=100 in 2018. This records an increase from the previous number of 104.990 2015=100 for 2017. North Macedonia Unit Labour Costs: Employment Based: Index: Business Sector Services excluding Real Estate data is updated yearly, averaging 101.040 2015=100 from Dec 2000 (Median) to 2018, with 19 observations. The data reached an all-time high of 111.210 2015=100 in 2001 and a record low of 76.340 2015=100 in 2007. North Macedonia Unit Labour Costs: Employment Based: Index: Business Sector Services excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Unit Labour Costs: by Industry: Non OECD Member: Annual.

North Macedonia Unit Labour Costs: Employment Based: Annual Growth: Business Sector Services excluding Real Estate data was reported at 2.680 % in 2018. This records an increase from the previous number of 2.470 % for 2017. North Macedonia Unit Labour Costs: Employment Based: Annual Growth: Business Sector Services excluding Real Estate data is updated yearly, averaging 1.410 % from Dec 2001 (Median) to 2018, with 18 observations. The data reached an all-time high of 30.500 % in 2009 and a record low of -22.960 % in 2007. North Macedonia Unit Labour Costs: Employment Based: Annual Growth: Business Sector Services excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Unit Labour Costs: by Industry: Non OECD Member: Annual.

North Macedonia Unit Labour Costs: Employment Based: Annual Growth: Non Agriculture Business Sector excluding Real Estate data was reported at 3.780 % in 2018. This records a decrease from the previous number of 4.770 % for 2017. North Macedonia Unit Labour Costs: Employment Based: Annual Growth: Non Agriculture Business Sector excluding Real Estate data is updated yearly, averaging -0.805 % from Dec 2001 (Median) to 2018, with 18 observations. The data reached an all-time high of 10.940 % in 2009 and a record low of -10.220 % in 2005. North Macedonia Unit Labour Costs: Employment Based: Annual Growth: Non Agriculture Business Sector excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Unit Labour Costs: by Industry: Non OECD Member: Annual.

North Macedonia Total Employment: Annual Growth: Non Agriculture Business Sector excluding Real Estate data was reported at -8.340 % in 2020. This records a decrease from the previous number of 2.140 % for 2019. North Macedonia Total Employment: Annual Growth: Non Agriculture Business Sector excluding Real Estate data is updated yearly, averaging 2.310 % from Dec 2001 (Median) to 2020, with 20 observations. The data reached an all-time high of 5.410 % in 2009 and a record low of -8.340 % in 2020. North Macedonia Total Employment: Annual Growth: Non Agriculture Business Sector excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Employment: by Industry: Non OECD Member: Annual.

North Macedonia Labour Compensation per Person Employed: Annual Growth: Business Sector Services excluding Real Estate data was reported at 5.480 % in 2018. This records an increase from the previous number of 3.760 % for 2017. North Macedonia Labour Compensation per Person Employed: Annual Growth: Business Sector Services excluding Real Estate data is updated yearly, averaging 2.255 % from Dec 2001 (Median) to 2018, with 18 observations. The data reached an all-time high of 16.640 % in 2006 and a record low of -15.160 % in 2007. North Macedonia Labour Compensation per Person Employed: Annual Growth: Business Sector Services excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Labour Compensation: by Industry: Non OECD Member: Annual.

North Macedonia Labour Compensation per Person Employed: Index: Non Agriculture Business Sector excluding Real Estate data was reported at 116.900 2015=100 in 2018. This records an increase from the previous number of 110.440 2015=100 for 2017. North Macedonia Labour Compensation per Person Employed: Index: Non Agriculture Business Sector excluding Real Estate data is updated yearly, averaging 92.180 2015=100 from Dec 2000 (Median) to 2018, with 19 observations. The data reached an all-time high of 116.900 2015=100 in 2018 and a record low of 77.000 2015=100 in 2000. North Macedonia Labour Compensation per Person Employed: Index: Non Agriculture Business Sector excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Labour Compensation: by Industry: Non OECD Member: Annual.

North Macedonia Total Employment: Index: Business Sector Services excluding Real Estate data was reported at 103.520 2015=100 in 2020. This records a decrease from the previous number of 113.380 2015=100 for 2019. North Macedonia Total Employment: Index: Business Sector Services excluding Real Estate data is updated yearly, averaging 83.140 2015=100 from Dec 2000 (Median) to 2020, with 21 observations. The data reached an all-time high of 113.380 2015=100 in 2019 and a record low of 54.280 2015=100 in 2002. North Macedonia Total Employment: Index: Business Sector Services excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Employment: by Industry: Non OECD Member: Annual.

North Macedonia Total Employment: Index: Non Agriculture Business Sector excluding Real Estate data was reported at 103.000 2015=100 in 2020. This records a decrease from the previous number of 112.380 2015=100 for 2019. North Macedonia Total Employment: Index: Non Agriculture Business Sector excluding Real Estate data is updated yearly, averaging 88.050 2015=100 from Dec 2000 (Median) to 2020, with 21 observations. The data reached an all-time high of 112.380 2015=100 in 2019 and a record low of 71.760 2015=100 in 2003. North Macedonia Total Employment: Index: Non Agriculture Business Sector excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.PDB: Employment: by Industry: Non OECD Member: Annual.