lomatic representation in the US:
chief of mission: Ambassador Nikola DIMITROV
chancery: Suite 302, 1101 30th Street NW, Washington, DC 20007
telephone: [1] (202) 337-3063
FAX: [1] (202) 337-3093
consulate(s) general: Southfield (Michigan)

Diplomatic representation from the US:
chief of mission: Ambassador Lawrence Edward BUTLER
embassy: Bul. Ilindenska bb, 1000 Skopje
mailing address: American Embassy Skopje, Department of State, 7120
Skopje Place, Washington, DC 20521-7120 (pouch)
telephone: [389] 2 311-6180
FAX: [389] 2 311-7103

Flag description:
a yellow sun with eight broadening rays extending to the edges of
the red field

Economy Macedonia

Economy - 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 center and eliminated
advantages from inclusion in a de facto free trade area. An absence
of infrastructure, UN sanctions on the down-sized Yugoslavia, one of
its largest markets, 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 rose by a moderate 3.4% in 2003, and is estimated
at 1.3% in 2004. Unemployment at one-third of the workforce remains
a critical economic problem. Much of the extensive grey market
activity falls outside official statistics.

GDP (purchasing power parity):
$14.4 billion (2004 est.)

GDP - real growth rate:
1.3% (2004 est.)

GDP - per capita:
purchasing power parity - $7,100 (2004 est.)

GDP - composition by sector:
agriculture: 11.2%
industry: 26%
services: 62.8% (2004 est.)

Labor force:
855,000 (2004 est.)

Labor force - by occupation:
agriculture NA%, industry NA%, services NA%

Unemployment rate:
37.7% (3rd quarter, 2004 est.)

Population below poverty line:
30.2% (2003 est.)

Household income or consumption by percentage