North Macedonia flag

North Macedonia

Balkans ยท Europe
Population
1.82M
GDP (Nominal)
$16.69B
Capital City
Skopje
Currency
MKD (Macedonian Denar)
Avg Salary
$700/mo
Region
Balkans

Livability Index 2026

34.1/100
Cost of Living
10/100
Avg Salary
59/100
Safety
55.1/100
Healthcare
50/100
Education
64/100
Overall Livability

Institutional Summary

North Macedonia is a landlocked Balkan nation known for its mountainous terrain, ancient history, and scenic Lake Ohrid. It offers a very low cost of living and a highly competitive flat tax rate for expats and digital nomads.

Cost of Living

Monthly Rent (1BR)$300
Monthly Groceries$200
Monthly Transport$25
Utilities & Internet$120
Estimated Total Monthly
$645 /person

AI Algorithm Summary

Major Strengths

  • โ€ข Extremely affordable cost of living
  • โ€ข Accessible immigration and visa pathways

Algorithmic Red Flags

  • โ€ข High unemployment rate (12.4%)

Economic Performance

๐Ÿ“Š Growing
GDP Per Capita
$9,170
Inflation Rate
3.5%
Unemployment
12.4%
5-Year GDP Trend

Migration & Visa

Type D (Long-Stay) Visa
Temporary Residence Permit (Employment)
Temporary Residence Permit (Business/Investment)
Visa Difficulty
3/10
PR Eligibility
Foreigners can apply for permanent residency after 5 continuous years of temporary residency

Employment Landscape

Avg Monthly Salary
$700
Trending
Top Performing Industries
Automotive Components
Textiles & Apparel
Agriculture (Wine, Tobacco)
Metallurgy

Social Indicators

Life Expectancy
74.8 Yrs
Literacy Rate
98%
Top Universities (QS Rank)
Ss. Cyril and Methodius University in Skopje#

Compare North Macedonia

Benchmark against other Tier-1 economies provides critical context for relocation or institutional investment decisions.