North Macedonia

North Macedonia is a developing, upper-middle-income Balkan economy working to integrate with the EU, which it formally seeks to join after resolving its long name dispute with Greece in 2019.

Growth depends on foreign investment in manufacturing free zones and on trade with the EU, though unemployment has historically been high and emigration significant.

Key Sectors

Key sectors include automotive components and machinery produced in foreign-investment zones, metals processing, textiles and clothing, food and wine, and agriculture such as tobacco and vegetables.