Average salary in North Macedonia

Understanding the average salary in North Macedonia requires a nuanced exploration of regional variations, predominant industries, sector-specific wages, and regulatory frameworks. This comprehensive article navigates through North Macedonia’s salary landscape, shedding light on regional differences, common industries, sectoral earnings, and the minimum wage.

Average salary overview

Recent data of 2024 indicates that the average gross monthly salary in North Macedonia is 60.841,71 Macedonian Denars (MKD), roughly equivalent to €986. However, it’s essential to recognize that salary levels can significantly differ based on industry, occupation, and geographic location.

Regional differences

Urban centers vs. rural areas

North Macedonia showcases notable variances in salary levels between urban and rural regions. Major cities such as Skopje, Bitola, and Tetovo typically offer higher salaries owing to increased economic activity and employment opportunities. In urban settings, the average monthly salary may range from 60,000 to 80,000 MKD, affording residents a relatively comfortable standard of living.

Conversely, rural areas often witness lower average salaries, typically ranging from 22,500 to 40,000 MKD per month. This discrepancy can be attributed to fewer job prospects and lower living costs in rural locales. While rural regions may offer a serene lifestyle, they often lack the economic dynamism and infrastructure found in urban hubs, resulting in diminished earning potential for inhabitants.

Cost of living impact

The disparity in salary levels between urban and rural locales is closely tied to the cost of living. Urban centers, characterized by higher expenses such as housing, transportation, and utilities, necessitate higher salaries to maintain a satisfactory standard of living. Rental fees for apartments in cities like Skopje can range from 10,000 to 15,000 MKD per month for a one-bedroom unit.

In contrast, rural areas typically offer a lower cost of living, with reduced housing expenses and limited amenities. While living costs may be more affordable in rural settings, access to certain services and conveniences may be limited. Residents must weigh the trade-offs between salary levels and living expenses when considering job opportunities in different parts of North Macedonia.

Economic development and infrastructure

Infrastructure and economic development are two additional factors that affect regional salary disparities. Urban centers benefit from robust infrastructure, including transportation networks, educational institutions, and healthcare facilities, which attract businesses and drive job creation. Consequently, salaries in urban areas tend to be higher, reflecting heightened economic activity and demand for skilled labor.

Conversely, rural regions often face infrastructure challenges, such as inadequate road networks and limited access to essential services. These challenges can hinder economic growth and employment opportunities, leading to lower average salaries and higher unemployment rates. Investment in rural infrastructure and economic diversification efforts are crucial for narrowing salary discrepancies and fostering balanced regional development in North Macedonia.

Common industries

• Manufacturing

The manufacturing sector is a significant contributor to North Macedonia’s economy, encompassing industries such as automotive manufacturing, food processing, and textiles. Workers in manufacturing roles, including factory workers, machine operators, and technicians, can earn salaries ranging from 40,000 to 60,000 MKD per month, depending on their skills and experience.

• Services sector

The services sector plays a vital role in North Macedonia’s economy, comprising industries such as retail, hospitality, and professional services. Workers in service-related roles, including retail associates, hotel staff, and administrative professionals, can earn salaries ranging from 35,000 to 55,000 MKD per month, depending on their qualifications and experience.

• Information Technology (IT)

A skilled workforce and a favorable investment environment have driven North Macedonia’s IT sector to significant growth in recent years. Professionals in IT roles, such as software developers, IT consultants, and cybersecurity analysts, can earn salaries ranging from 70,000 to 80,000 MKD per month, depending on their expertise and experience.

• Healthcare

Healthcare professionals in North Macedonia, including doctors, nurses, and pharmacists, earn competitive salaries based on their qualifications and experience. Doctors may earn between 50,000 and 80,000 MKD per month, while nurses typically earn between 30,000 and 45,000 MKD per month, depending on their specialization and level of experience.

• Education

Educational professionals in North Macedonia, including teachers and university lecturers, earn salaries ranging from 25,000 to 45,000 MKD per month, depending on their qualifications and experience. University professors may earn higher salaries, ranging from 40,000 to 55,000 MKD per month, depending on their field of expertise and research contributions.

Minimum wage

Government regulations set the minimum wage in North Macedonia, and they are subject to periodic adjustments. In a noteworthy development, the Minister of Economy of the Republic of North Macedonia recently revealed that the national minimum wage is set to increase to MKD 22,500 (approximately EUR 365) starting from March 2024.

Conclusion

In conclusion, North Macedonia’s salary landscape reflects diverse regional disparities, prevalent industries, and sector-specific earnings. While urban centers offer higher salaries and greater employment opportunities, rural areas may face lower average salaries and limited job prospects. Addressing these disparities through targeted investments in infrastructure and economic development initiatives is crucial for fostering inclusive growth and ensuring equitable opportunities for all citizens across North Macedonia. By recognizing and addressing regional differences, policymakers, businesses, and stakeholders can work together to build a more prosperous and equitable future for the country.

If you liked the article and are more interested in salary information, compensation and benefits packages, talent trends, and more… Check out our salary platform for free!