Macedonia Profile:
- Macedonia, officially the Republic of Macedonia is a country in the Balkan Peninsula in Southeast Europe.
- Being one of the poorest countries in Europe, Macedonia has made significant progress in developing an open, market-based economy.
- Macedonia is a member of the UN and of the Council of Europe. Since 2005 it has also been a candidate for joining the European Union and has applied for NATO membership.
- Macedonia was ranked as the fourth “best reformatory state” out of 178 countries ranked by the World Bank in 2009, ranked 12 out of 189 in Ease of doing business index 2016.
- Government’s policies and efforts in regards to foreign direct investments have resulted in the establishment of local subsidiaries of several worlds leading manufacturing companies, especially from the automotive industry
Macedonia Economy:
- Macedonia’s economy is closely linked to Europe as a customer for exports and source of investment and has suffered as a result of prolonged weakness in the eurozone.
- In 2016, public debt reached 50.5% of GDP before being revised down to 47.8% of GDP by year’s end
- Unemployment has remained consistently high at about 23%, but may be overstated based on the existence of an extensive gray market, estimated to be between 20% and 45% of GDP, which is not captured by official statistics.
- Macedonia maintained macroeconomic stability through the global financial crisis by conducting prudent monetary policy, which keeps the domestic currency pegged to the euro and inflation at a low level.
- However, in the last two years, the internal political crisis has hampered economic performance, with GDP slowing in 2016 and both domestic private and public investments declining.
Macedonia Facts:
- Population: 2.1 million
- Capital: Skopje
- Largest city: Skopje
- Area: 25,713 sq km
- Major language: Macedonian (official) 66.5%, Albanian 25.1%, Turkish 3.5%, Romani 1.9%, Serbian 1.2%, other 1.8%
- Major religion: Macedonian Orthodox 64.8%, Muslim 33.3%, other Christian 0.4%, other and unspecified 1.5%
- Life expectancy: 73.8 years (Male), 79.2 years (Female)
- Monetary unit: 1 Denar (MKD) = 100 Denies
- Main exports: Foodstuffs, beverages, tobacco; textiles, miscellaneous manufactures, iron, steel; automotive parts
- GNI per Capita: $14,480
Our Market Research Services in Macedonia:
- Market Research Fieldwork in Macedonia
- Qualitative Research in Macedonia
- Quantitative Research in Macedonia
- Aerospace Market Research in Macedonia
- Automotive Market Research in Macedonia
- Life science Market Research in Macedonia
- Chemical Market Research in Macedonia
- Construction Market Research in Macedonia
- Consumer Goods Market Research in Macedonia
- Education Market Research in Macedonia
- Energy and Power Market Research in Macedonia
- Engineering Market Research in Macedonia
- Financial Market Research in Macedonia
- Food and Beverage Market Research in Macedonia
- Healthcare Market Research in Macedonia
- Hospital Market Research in Macedonia
- Hospitality Market Research in Macedonia
- Entertainment Market Research in Macedonia
- Medical Devices Market Research in Macedonia
- Metals and Mining Market Research in Macedonia
- Oil and Gas Market Research in Macedonia
- Pharmaceutical Market Research in Macedonia
- Retail Market Research in Macedonia
- Telecommunication Market Research in Macedonia
- Transportation Market Research in Macedonia
- Travel and Tourism Market Research in Macedonia
We Employ A Wide Range of Research Techniques in Macedonia:
- Advertising Research in Macedonia
- Brand Research in Macedonia
- B2B Research in Macedonia
- Concept Testing in Macedonia
- Consumer Research in Macedonia
- Customer Satisfaction Research in Macedonia
- Entertainment Research in Macedonia
- Ethnographic Research in Macedonia
- Eye Tracking and Facial Coding in Macedonia
- Focus Groups in Macedonia
- Sensory Research in Macedonia
- Healthcare Research in Macedonia
- Industrial Research in Macedonia
- Lifestyle Research in Macedonia
- Media Communication Research in Macedonia
- Mystery Shopping in Macedonia
- One-on-One Research in Macedonia
- Package Research in Macedonia
- Secondary Research in Macedonia
- Sensory Research in Macedonia
- Usability Testing in Macedonia
How Can We Help You?
Contact us at Global Vox Populi and submit a business inquiry online.
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