Macedonia Economy

The Macedonian economy, with a population of 2.058 Million (est. 2011), ranks 119th in the world with a GDP PPP of 22.6 billion and GDP PPP per capita of $10,904 vs. $53,101 (United States) according to the IMF in 2013. Its currency is the Macedonian Denar (MKD) that is issued by National Bank of the Republic of Macedonia ( Deposit products banks offer in the country include sight deposits, time deposits, savings accounts and foreign currency deposits. Its inflation was estimated to be 2.8% in 2013 and 3.3% in 2012 by the website.