||2004 - 2013
Macedonia has a small, open market economy with one of the lowest GDP per capita in Europe. The main sectors of the Macedonian economy are services (more than 50% of GDP) and industry (30% of GDP). The textile sector is the main source of foreign trade and accounts for more than 50% of total exports. Macedonia also produces iron, steel, wine and vegetables. Corruption and an ineffective legal system are significant restraints for economic development. This page provides - Macedonia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Macedonia GDP Growth Rate - was last refreshed on Friday, October 31, 2014.