Business climate in North Macedonia
North Macedonia ranks #22 of 54 on the overall business climate (score 62). Its strongest suit is business taxes, followed by energy prices; the weakest is rule of law.
| Driver | Score | Rank | Measures |
|---|---|---|---|
| Red tape and ease of doing business | 70 | #19 of 54 | Regulatory framework (World Bank B-READY 2025): 74 (2025); Business entry (B-READY): 88 (2025); Public services for business (B-READY): 60 (2025); Days to start a business (Doing Business): 7.00 (2017); Procedures to start a business (Doing Business): 4.00 (2017); Ease of doing business rank (Doing Business, 1 = easiest of 190): 11 (2017) |
| Rule of law and legal certainty | 32 | #45 of 54 | Liberal democracy (V-Dem): 0.37 (2025); Corruption perceptions score (higher = cleaner): 40 (2025); Strength of legal rights for borrowers and lenders: 10 (2017); Dispute resolution (B-READY): 53 (2025) |
| Taxes on business | 85 | #5 of 53 | Corporate income tax rate (headline): 10 (2026); Total tax and contribution rate on commercial profits: 13 (2017); Taxation administration (B-READY): 52 (2025) |
| Cost of capital | 72 | #10 of 27 | Real interest rate: 0.75 (2025); Bank lending interest rate: 5.42 (2025); Access to finance (B-READY): 83 (2025) |
| Energy prices for business | 75 | #5 of 31 | Business electricity price (Eurostat, 500-1,999 MWh a year): 0.12 (2025) |
| Growth momentum and investment trend | 54 | #17 of 53 | Real GDP growth, average of the last five years: 3.26 (2025); Growth trend: last three years against 2015-2019: 0.10 (2025); Foreign direct investment, net inflows: 4.00 (2023) |
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Open the mapSources as on the business-climate table. Nestlyzer scores each measure 0–100 between the 5th and 95th percentile of the countries it covers. How the method works.