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Country Report North Macedonia 1st Quarter

  • ID: 4988905
  • Country Profile
  • February 2020
  • Region: North Macedonia
  • The Economist Intelligence Unit
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Following the French veto in October 2019 on opening EU accession negotiations, the prime minister of North Macedonia, Zoran Zaev, proposed a snap election for April 12th 2020, eight months ahead of schedule.

We expect Mr Zaev's Social Democratic Union of Macedonia (SDSM) to be defeated in the election by the nationalist, opposition VMRO-Democratic Party for Macedonian National Unity (VMRO-DPMNE).

The electorate may punish the government for failing to do enough to tackle corruption and for pushing through the unpopular Prespa agreement, under which the formerly named Macedonia changed its name to the Republic of North Macedonia.
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Country Report North Macedonia 1st Quarter

Briefing sheet
Political and economic outlook
Key changes since November 21st
The quarter ahead
Major risks to our forecast

Outlook for 2020-24: Political stability

Outlook for 2020-24: Election watch

Outlook for 2020-24: International relations

Outlook for 2020-24: Democracy Index: North Macedonia
Electoral process improves but rule of law remains poor
Note on methodology

Outlook for 2020-24: Policy trends

Outlook for 2020-24: Fiscal policy

Outlook for 2020-24: Monetary policy

Outlook for 2020-24: International assumptions

Outlook for 2020-24: Economic growth

Outlook for 2020-24: Inflation

Outlook for 2020-24: Exchange rates

Outlook for 2020-24: External sector

Outlook for 2020-24: Forecast summary

Data and charts: Annual data and forecast

Data and charts: Quarterly data

Data and charts: Monthly data

Data and charts: Annual trends charts

Data and charts: Monthly trends charts

Data and charts: Comparative economic indicators

Basic data
Land area
Population
Main towns
Climate
Weather in Skopje (altitude 240 metres)
Languages
Weights and measures
Currency
Time
Fiscal year
Public holidays

Political structure
Official name
Form of state
Legal system
National legislature
Elections
Head of state
National government
Main political parties
Leading members of the government
Key ministers
Speaker of parliament
Central bank governor
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