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North Macedonia: Financial Vulnerability

An editorial snapshot of country living conditions with trend, regional spread, and context links.

Latest value

ยท 2024

45.80% of people

EU 30.40 ยท +15.4 pp vs Europe

European ranking

2 / 34

Down 1 positions compared with previous year

Recent trend

Open trend

Population

1.8M

Country population ยท 2024

What this indicator measures

Measures the share of people living in households that cannot afford to meet an unexpected necessary financial expense from their available resources.

Lower values generally represent a more favorable situation.

Data source: Eurostat Inability to face unexpected financial expenses ilc_mdes04

Explore this indicator

Internal regions

No regional breakdown available for this indicator.

More context on this indicator

At a glance

North Macedonia performs less favourably than the European benchmark on Inability to face unexpected financial expenses, with a large gap. The trend context points to confirmed improvement. The wider topic context points to broader pressure.

European comparison in North Macedonia

In North Macedonia, Unexpected expenses stands clearly worse than the European benchmark: 45.8% versus 30.4% in 2024, a large gap of 15.4 percentage points.

Recent trend

In North Macedonia, the medium-term pattern shows improvement: the value moved from 57.30% in 2019 to 45.80% in 2024. The latest step, from 54.70% in 2023 to 45.80% in 2024, confirms the improvement. The recent signal has similar intensity to the primary one.

Reading within the topic

In North Macedonia, the evidence for Poverty & Financial Vulnerability leans towards pressure compared with Europe; related indicators do not provide a sufficiently strong counter-signal. Material recent changes among related indicators lean towards improvement.