Labor share of gdp in North Macedonia
North Macedonia: Labor share of gdp was 45.7 in 2020. ▼ Falling
Latest (2020)
45.7
Change on year
up 5.1%
World rank
97th
of 187 countries
All-time high
49
in 2004
All-time low
41.7
in 2007
Years of data
17
2004–2020
Labor share of gdp in North Macedonia, 2004–2020
Source: Our World in Data.
Analysis
North Macedonia recorded 45.7 for labor share of gdp in 2020.
Compared with earlier readings it is up 5.1% on the previous year and down 3.2% over ten years.
Over the whole period, labor share of gdp in North Macedonia peaked at 49 in 2004 and was at its lowest, 41.7, in 2007.
North Macedonia ranks 97th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Labor share of gdp in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 49 | — |
| 2005 | 45.2 | -7.8% |
| 2006 | 46.1 | +2.0% |
| 2007 | 41.7 | -9.5% |
| 2008 | 44.1 | +5.8% |
| 2009 | 47 | +6.6% |
| 2010 | 47.2 | +0.4% |
| 2011 | 46.1 | -2.3% |
| 2012 | 45.6 | -1.1% |
| 2013 | 42 | -7.9% |
| 2014 | 43.1 | +2.6% |
| 2015 | 42.9 | -0.5% |
| 2016 | 43.4 | +1.2% |
| 2017 | 44.6 | +2.8% |
| 2018 | 44 | -1.3% |
| 2019 | 43.5 | -1.1% |
| 2020 | 45.7 | +5.1% |
North Macedonia compared with similar countries
- North Macedonia's 45.7 is above the median for upper middle income countries, which is 45.7, 1.0× the median. (53 countries reporting)
- North Macedonia's 45.7 is below the median for Europe & Central Asia, which is 54.2, 84% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 45.52 | 41.7 | 49 | 6 |
| 2010s | 44.24 | 42 | 47.2 | 10 |
| 2020s | 45.7 | 45.7 | 45.7 | 1 |
Countries ranked near North Macedonia
More work & labour data for North Macedonia
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.24 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -1.21 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.28 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.11 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.1782 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,405 1000 No (2050)
- Population - Est. & Proj. — Rural population 525.79 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 422.57 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 440.42 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 863 1000 No (2100)
Frequently asked questions
- What is labor share of gdp in North Macedonia?
- Labor share of gdp in North Macedonia was 45.7 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in North Macedonia?
- The highest recorded value was 49 in 2004.
- What is the lowest labor share of gdp recorded in North Macedonia?
- The lowest recorded value was 41.7 in 2007.
- How does North Macedonia rank for labor share of gdp?
- North Macedonia ranks 97th out of 187 countries with data for 2020.
- Is labor share of gdp rising or falling in North Macedonia?
- Over the last ten years it is down 3.2%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).