The former Yugoslav Republic of Macedonia (FYROM) is a country located in the central Balkan peninsula in Southeast Europe. It is one of the successor states of the former Yugoslavia, from which it declared independence in 1991. Link to external site : Website for Macedonia, the former Yugoslav Republic of |  |
| Wallets | |
| Development | Developing |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
7,673.94 Register/Log In |
| HDI classification | High |
| Mobile Connections (m) |
2.394 Upgrade to Bronze |
| Currency | MKD |
| Class | |
| CountryISO | MK |
| Sovereignity | Country |
| Territory of | - NA - |
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{"type":"PieChart","data":[["Operator","Connections"],["T-Mobile (Deutsche Telekom)",1286218],["Vip (Telekom Austria)",619080],["ONE (Telekom Slovenije)",488414]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",101179],["Q4 2001",221336],["Q4 2002",365346],["Q4 2003",584363],["Q4 2004",985580],["Q4 2005",1261186],["Q4 2006",1416501],["Q4 2007",1947226],["Q4 2008",2368047],["Q4 2009",2108347],["Q4 2010",2210281],["Q4 2011",2300015],["Q4 2012",2366728],["Q4 2013",2421746],["Q4 2014",2467489]],"options":{"title":"Connections"}}
| Channel Analysis |
No data to report Upgrade to Bronze |
| COT Analysis |
No data to report Upgrade to Bronze |
| Persona Analysis |
No data to report Upgrade to Bronze |
| Products |
No data to report Upgrade to Bronze |
| PI Analysis |
No data to report Upgrade to Bronze |
| Central Bank | |
| Key Regulations | |
| Type of law |
Civil Upgrade to Bronze |
| Legal System |
Civil law system; judicial review of legislative acts Upgrade to Bronze |
| Law is based on | |
| Approach |
Ex Ante Upgrade to Bronze |
| Sectors active in Digital Money | |
| Exclusivity | |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
NB Led Upgrade to Bronze |
| DominantModel |
| E-Money | |
| Payment | |
| Agent | |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",99.13],["Banked",20],["Internet",34],["Urban",66],["Adult",81],["Literate",96.987]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 2.04 |
| Adult % | 81.00 |
| Migrants % |
6.00 Register/Log In |
| Stock Immigrants ('000) |
129.70 Upgrade to Bronze |
| Emigration Rate % |
11.30 Upgrade to Bronze |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % |
12.80 Upgrade to Bronze |
| Urban % | 66.00 |
| Female % | 58.30 |
| Literate % | 96.99 |
| Annual Growth % |
| Mobile Penetration % | 99.13 |
| Banked % | 20.00 |
| Access to FS % | 40.88 |
| Internet % | 34.00 |
| Branches per 100k adults | 22.11 |
| ATMs per 100k adults | 45.98 |
| POS per 100k adults | 1,296.86 |
| Prepaid % | 74.30 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 1.62 |
| Monthly ARPU |
13.19 Upgrade to Bronze |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Medium Term Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets | |
| Informal Market | |
| Cost To Remit | |
| Key Players |