Potential Circular Economy Priority Areas for North Macedonia
North Macedonia's key economic features relevant to
circular economy
Expanded
INDUSTRY
over the past
Value added by grouped activity in North Macedonia (% of GDP), 2021
100
90
80
decade:
70
60
establishment of special economic zones
played important role.
Metallurgy is the largest industry but is
energy and carbon-intense and the
production of secondary materials is almost
non-existent.
Textile is the second biggest industry but is
characterised by low recycling and reuse,
leading to pressure on resources.
The strong recovery of the automotive
industry is a key driver of economic
rebound.
Industry represents
22.5% of GDP and
31% employment
Textile accounts for
10% of exports and
13% of industrial GDP
Metals production
accounts for 11% of
exports
The automotive
industry was
responsible for 65% of
exports in Jan 2021
50
40
30
20
10
0
!!!!
North Macedonia
WB6 Average
EU
â– Agriculture Industry
Services
OECD
Employment by grouped activity in North Macedonia (% of GDP),
2012-21
70
60
50
40
30
20
10
0
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Sources: World Bank, 2022; OECD, 2021; Invest North Macedonia, 2022
Agriculture
Industry
Services
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