The economic performance of the Macedonian economy is expressed through stable GDP growth, inflation rate, fiscal discipline confirmed by the international financial institutions, and well-functioning coordination between fiscal and monetary policy.
High Credit Ratings
Standard & Poor’s: BB- (stable outlook)
Fitch: BB+ (positive)
Inflation Rate (%)
2013: 2.8
2014: – 0.3
2015: – 0.3
2016: – 0.2
2017: 1.4
2018: 1.5
2019: 0.8
2020: 1.2
2021: 3.2
2022: 14.2%
Stable currency
Macedonian Denar pegged to the DM/€ for the last 20 years (€1= MKD 61.5)