Average Salary in North Macedonia 2024

In this comprehensive article, we delve into the intricacies of salary structure in North Macedonia, highlighting the pay scale, wage gap, salary yearly increments, and how they vary across education levels and years of experience. Discover the fascinating insights into the country's compensation landscape, empowering both employees and employers with valuable knowledge to navigate the ever-evolving job market. Stay informed and informed in order to make sound financial decisions that can positively impact career growth and economic stability.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in North Macedonia in 2024?

What is the average salary in North Macedonia in 2024?
500USD
(USD 5,900 yearly)
Low 230 USD
Average 500 USD
High 2,200 USD
You can expect to earn around USD 500 per month if you work in North Macedonia. Keep in mind that salaries can range from USD 230 (lowest average) to USD 2,200 (highest average, actual maximum salary is higher). This average salary includes housing, transport, and other benefits. Salaries differ greatly depending on the career. For detailed salary information on specific job titles, please refer below.
In comparison with average salary in North Macedonia in 2023, salaries changed by +1.0% so far. Looking ahead, economists project a gradual recovery in the job market. A complete comparison between 2023 and 2024 will be available at the end of this year.

Pay Scale and Salaries in North Macedonia

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 2,200, 75% of the people earn USD 680 or less. 50% employees earn less USD 480 or less, 25% of the employees earn less than USD 360.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 2,200, 75% of the people earn USD 680 or less. 50% employees earn less USD 480 or less, 25% of the employees earn less than USD 360.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In North Macedonia the minimum salary is USD 230.

Median Salary

With half of the values above and half below it, the median salary in North Macedonia is USD 390, serving as the middle point of all salaries in a dataset. This stat provides a more balanced perspective on income distribution and is commonly employed to gauge average earnings in various professions and industries.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In North Macedonia the salary ranges from USD 230 to USD 2,200.

Annual Salary Increments in North Macedonia

What is the average annual salary increment in the North Macedonia? How frequently do employees receive salary raises?

During 2024, employees in North Macedonia witnessed an average salary growth of 1.0%. This represents an overall average across various job sectors. The worldwide average for 2024 is 1.0%.Download chartGet chart linkShare on FacebookShare on Twitter
The year 2024 saw employees in North Macedonia receiving an average salary increment of 1.0%. This figure represents a cross-sectoral average. Comparatively, the global average for 2024 is 1.0%.

Historical Graph of Annual Salary Increments in North Macedonia

The salary of employees in North Macedonia has been increasing in recent years, with an average yearly increment of 4.2%. The increment ranges from 1.0% to 7.5% per year.Download chartGet chart linkShare on FacebookShare on Twitter
Within the past years, employees in North Macedonia have seen their salaries increase by an average of 4.2% per year. This encompasses a range of 1.0% to 7.5% increment per year.

Salary Forecast and Trends for the Future in North Macedonia

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 4.6%. Estimated range is between 2.6% and 7.1%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 4.6%. Estimated range is between 2.6% and 7.1%.

Gender Wage Gap in North Macedonia

What is the difference in pay between mens and womens? Men vs. women salary comparison.

North Macedonia has an actual wage gap of 9.0%.Download chartGet chart linkShare on FacebookShare on Twitter
In North Macedonia, the actual wage gap amounts to 9.0%.
It's due to many factors, such as:
  • Sexism.
  • On average, women have a 10% higher number of days of paid vacation than men each year.
  • When it comes to college degrees, women are less represented than men.
  • When it comes to caregiving responsibilities for children and elderly relatives, women are more probable than men to take them on.
  • The likelihood of women working part-time is higher than that of men, and part-time workers generally earn less than full-time workers.
  • Women are more likely to work in lower-paying occupations than men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

The successful completion of high school and attainment of a bachelor's degree bring forth a wide range of advantages. Primarily, they greatly enhance one's career prospects by increasing earning potential and opening doors to a broader range of job opportunities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

The successful completion of high school and attainment of a bachelor's degree bring forth a wide range of advantages. Primarily, they greatly enhance one's career prospects by increasing earning potential and opening doors to a broader range of job opportunities. Apart from monetary benefits, pursuing a bachelor's degree nurtures personal growth, fosters critical thinking skills, and enables specialization in a chosen field of interest. Furthermore, it facilitates valuable networking possibilities and promotes the development of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative endeavor that leads to a more enriching and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. is a testament to perseverance, intellectual curiosity, and a commitment to pushing the boundaries of human understanding, ultimately leading to a fulfilling and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 18%-22% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of close to 5%-9%. Expertise and leadership receive higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 23%-27% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 18%-22% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of close to 5%-9%. Expertise and leadership receive higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 23%-27% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in North Macedonia

What is the average hourly wage in the North Macedonia?

Average Hourly Wage
3USD
Low 1 USD
Average 3 USD
High 13 USD

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: Hourly wages may result in irregular or fluctuating income, making it challenging to budget and plan for expenses.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks typically connected to full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can disrupt work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Hourly positions are sometimes more susceptible to layoffs, downsizing, or changes in demand, which can lead to job insecurity compared to salaried positions.
  • Limited career advancement: In some cases, hourly jobs might provide minimal prospects for career progression, professional development, or upward mobility within the organization.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in North Macedonia

What are the best paying jobs in North Macedonia?

List with best paid jobs in North MacedoniaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs North Macedonia?

  1. Surgeon (USD 2,200)
  2. Doctor (USD 2,000)
  3. Chief Executive Officer (CEO) (USD 1,900)
  4. Registered Nurse Anesthetist (USD 1,800)
  5. Dentist (USD 1,800)
  6. Airline Pilot (USD 1,700)
  7. Intellectual Property Lawyer (USD 1,700)
  8. Marketing Manager (USD 1,500)
  9. Marketing Director (USD 1,500)
  10. Sales Director (USD 1,400)
  11. Sales Manager (USD 1,400)
  12. Petroleum Engineer (USD 1,400)
  13. Brand Manager (USD 1,300)
  14. Marketer (USD 1,300)
  15. Judge (USD 1,300)
  16. Treasurer (USD 1,300)
  17. Controller (USD 1,300)
  18. Pharmacist (USD 1,300)
  19. Tax Lawyer (USD 1,300)
  20. Lawyer (USD 1,300)
List with worst paid jobs in North MacedoniaDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs North Macedonia?

  1. Cashier (USD 240)
  2. Childcare Worker (USD 250)
  3. Stock clerk (USD 250)
  4. Elder Care Worker (USD 250)
  5. Receptionist (USD 260)
  6. Bartender (USD 280)
  7. Food and beverage server (USD 290)
  8. Janitor (USD 290)
  9. Waiter (USD 290)
  10. Tour Guide (USD 290)
  11. Customer Service Representative (USD 350)
  12. Hotel Concierge (USD 360)
  13. Rehabilitation Counselor (USD 360)
  14. Travel Agent (USD 390)
  15. Secretary (USD 400)
  16. Painter (USD 420)
  17. Carpenter (USD 430)
  18. Bus Driver (USD 440)
  19. Artist (USD 440)
  20. Truck Driver (USD 450)
List with best paid industries in North MacedoniaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 1,400)
  2. Business and Management (USD 1,200)
  3. Marketing and Sales (USD 1,100)
  4. Engineering (USD 990)
  5. Law (USD 940)
  6. Accounting and Finance (USD 930)
  7. Computer and Information Technology (USD 910)
  8. Transportation and Logistics (USD 890)
  9. Science (USD 880)
  10. Education and Training (USD 730)
  11. Other (USD 540)
  12. Hospitality and Tourism (USD 460)
  13. Social Services (USD 370)
  14. Services (USD 340)