North Macedonia’s gross domestic product (GDP) per capita, measured in purchasing power parity (PPP), is projected to reach $28,720 in 2025, according to the latest data from the International Monetary Fund (IMF).
The data positions North Macedonia ahead of Albania ($22,730), Bosnia and Herzegovina ($22,610), and Kosovo ($17,840), but behind Montenegro ($33,620) and Serbia ($30,910) among regional economies.
Montenegro is set to lead the region in GDP per capita, reflecting its strong tourism-driven economy, while Serbia follows closely. North Macedonia’s projected GDP per capita suggests steady economic growth, though it still lags behind the European Union average.
The IMF data highlights an upward trend in GDP per capita for all Western Balkan economies, despite global economic uncertainties. The figures indicate that North Macedonia’s economy remains on a growth trajectory, supported by trade, investment, and structural reforms.
However, challenges such as inflation, external debt, and geopolitical tensions could impact long-term economic stability in the region.
