North Macedonia EconomyNorth Macedonia is a country located in the western Balkans with a population of about 2.1 million people. It has a developing economy that is ranked as the 112th-largest in the world.
The North Macedonian economy is a mixed economy, meaning it combines elements of a market economy with a planned economy. The government plays a significant role in the economy through state-owned enterprises and other forms of regulation, but there is also a significant private sector.
The main sectors of the North Macedonian economy include industry, agriculture, and services.
- The main sectors of the North Macedonian economy include industry, agriculture, and services.
- Agriculture: Agriculture is a significant sector of the North Macedonian economy, employing about 20% of the population. Major agricultural products include grains, vegetables, and fruit.
- Services: The service sector in North Macedonia is growing and now accounts for about 73% of the country's GDP. This sector includes financial services, real estate, and tourism.
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