Macedonia, The Former Yugoslav Republic Of

Names: conventional long form: Republic of Macedonia conventional short form: Macedonia local long form: Republika Makedonija local short form: Makedonija note: the provisional designation used by the UN, EU, and NATO is Former Yugoslav Republic of Macedonia (FYROM) former: People's Republic of Macedonia, Socialist Republic of Macedonia

Capital City: Skopje

Population: 2,050,554 (July 2006 est.)

GDP Per Capita: $8,200 (2006 est.)

Currency: Macedonian denar (MKD)

Languages: Macedonian 66.5%, Albanian 25.1%, Turkish 3.5%, Roma 1.9%, Serbian 1.2%, other 1.8% (2002 census)

Total Area: total: 25,333 sq km land: 24,856 sq km water: 477 sq km slightly larger than Vermont

Region: Europe

Industries: food processing, beverages, textiles, chemicals, iron, steel, cement, energy, pharmaceuticals

Agriculture: grapes, wine, tobacco, vegetables; milk, eggs

Resources: low-grade iron ore, copper, lead, zinc, chromite, manganese, nickel, tungsten, gold, silver, asbestos, gypsum, timber, arable land

Labor Force: 880,000 (2006 est.)
agriculture: 21.7% industry: 32.6% services: 45.7% (September 2006)

Exports: $2.341 billion f.o.b. (2006 est.)
food, beverages, tobacco; textiles, miscellaneous manufactures, iron and steel

Imports: $3.631 billion f.o.b. (2006 est.)
machinery and equipment, automobiles, chemicals, fuels, food products

Overview: At independence in September 1991, Macedonia was the least developed of the Yugoslav republics, producing a mere 5% of the total federal output of goods and services. The collapse of Yugoslavia ended transfer payments from the central government and eliminated advantages from inclusion in a de facto free trade area. An absence of infrastructure, UN sanctions on the downsized Yugoslavia, and a Greek economic embargo over a dispute about the country's constitutional name and flag hindered economic growth until 1996. GDP subsequently rose each year through 2000. However, the leadership's commitment to economic reform, free trade, and regional integration was undermined by the ethnic Albanian insurgency of 2001. The economy shrank 4.5% because of decreased trade, intermittent border closures, increased deficit spending on security needs, and investor uncertainty. Growth barely recovered in 2002 to 0.9%, then averaged 4% per year during 2003-06. Macedonia has maintained macroeconomic stability with low inflation, but it has lagged the region in attracting foreign investment and job growth has been anemic. Macedonia has an extensive grey market, estimated to be more than 20 percent of GDP, that falls outside official statistics.

CIA World Book

In 2007 Missouri exported $332,974 in goods to Macedonia, The Former Yugoslav Republic Of. This ranks Macedonia, The Former Yugoslav Republic Of 163rd among the 223 international buyers of Missouri goods. Missouri exports to Macedonia, The Former Yugoslav Republic Of increased from the previous year by $301,895 a change of 971.38%. State exports to Macedonia, The Former Yugoslav Republic Of have increased over the last 5 years by $332,974 a change of NA. Missouri exports account for .00%. of all 2007 US exports to Macedonia, The Former Yugoslav Republic Of.



NAICS Industry Annual
2002 2003 2004 2005 2006 2007
000 - Total All Industries MO NA 7,734 341,055 223,305 31,079 332,974
000 - Total All Industries US 18,677,158 26,337,218 21,211,413 31,556,267 22,426,182 33,561,327
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