Compensation of employees (% of expense) in North Macedonia
North Macedonia: Compensation of employees (% of expense) was 12.4% in 2023. ▼ Falling
Compensation of employees in North Macedonia, 2005–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
North Macedonia recorded 12.4% for compensation of employees in 2023. That is the lowest value across all 19 years on record.
The figure is down 0.6% on the previous year and down 22.6% over ten years.
Over the whole period, compensation of employees in North Macedonia peaked at 26.3% in 2005 and was at its lowest, 12.4%, in 2023.
North Macedonia ranks 130th of 155 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Compensation of employees (% of expense) in North Macedonia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2005 | 26.3% | — |
| 2006 | 24.2% | -8.2% |
| 2007 | 24.3% | +0.7% |
| 2008 | 16.4% | -32.5% |
| 2009 | 17.5% | +6.3% |
| 2010 | 17.2% | -1.5% |
| 2011 | 17.2% | -0.0% |
| 2012 | 16.6% | -3.7% |
| 2013 | 16.1% | -3.1% |
| 2014 | 15.6% | -3.0% |
| 2015 | 15.5% | -0.3% |
| 2016 | 16.0% | +2.7% |
| 2017 | 15.3% | -3.8% |
| 2018 | 14.5% | -5.4% |
| 2019 | 13.7% | -5.6% |
| 2020 | 12.9% | -6.0% |
| 2021 | 13.0% | +0.6% |
| 2022 | 12.5% | -3.4% |
| 2023 | 12.4% | -0.6% |
North Macedonia compared with similar countries
- North Macedonia's 12.4% is below the median for upper middle income countries, which is 26.6%, 47% of the median. (47 countries reporting)
- North Macedonia's 12.4% is below the median for Europe & Central Asia, which is 16.4%, 76% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (% of expense) in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -32.5% | 24.3% | 16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.7% | 16.4% | 26.3% | 5 |
| 2010s | 15.8% | 13.7% | 17.2% | 10 |
| 2020s | 12.7% | 12.4% | 13.0% | 4 |
Countries ranked near North Macedonia
More public sector data for North Macedonia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 9.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.5481 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -80 % change on previous year (2024)
Frequently asked questions
- What is compensation of employees in North Macedonia?
- Compensation of employees in North Macedonia was 12.4% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in North Macedonia?
- The highest recorded value was 26.3% in 2005.
- What is the lowest compensation of employees recorded in North Macedonia?
- The lowest recorded value was 12.4% in 2023.
- How does North Macedonia rank for compensation of employees?
- North Macedonia ranks 130th out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in North Macedonia?
- Over the last ten years it is down 22.6%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (% of expense). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.