North Macedonia

Home /

North Macedonia

Population: 1.8 million
GDP: €13.7 billion
GDP per capita: €7,551
Public debt: 50% of GDP
EU candidate: Candidate country since December 2005

'We are no longer talking about alternative energy. The green economy is becoming mainstream, and investment opportunities are increasingly looking at the natural potential of North Macedonia. The EU and its partners will continue - in Team Europe spirit - to support North Macedonia’s path to decarbonisation, ensuring diversification and security of its energy supplies.'

Ambassador Michalis Rokas

Head of the Delegation of the European Union to North Macedonia

The WBIF has supported estimated investments of €3.8 billion in the public sector in North Macedonia.

North Macedonia received €499.3 million in grants in 2008-2024: €467.5 million in investment grants and €31.8 million in technical assistance. These grants support estimated investments of €3.8 billion in rail and road transport, renewable energy, gas and power interconnections, energy efficiency, water supply and sanitation, waste management, health, education and judicial facilities.

The country benefitted from ten EIP flagship investments in 2021-2024, channelling a substantial €973 million towards investments in sustainable transport, clean energy, wastewater treatment, and waste management. The WBIF contributed €300.5 million in grants to these investments, of which €296.7 million was EU IPA funding and €3.8 million was Bilateral Donor funding.

WBIF grants: €499.3 m

Investment grants: €467.5m

Technical assistance: €31.8m

Estimated investments: €3.8bn

Loans signed: €1.4bn

Economic and Investment Plan for the Western Balkans 2021 - 2027

Flagship investments in North Macedonia

Sustainable transport

Flagship 2

Connecting North to South

Orient/East-Med Corridor: North Macedonia – Bulgaria Road Interconnection, Kriva Palanka – Deve Bair Section

Clean enegy

Flagship 4

Renewable energy

Bogdanci Wind Park Pilot Project

Clean energy

Flagship 5

Transition from coal

Albania – North Macedonia Power Interconnection: Grid Section in North Macedonia

Environment & climate

Flagship 7

Water and waste water management

Skopje Wastewater Treatment Plant

Human capital

Construction of Physical Education Facilities in Primary Schools and Rehabilitation of Primary and Secondary Schools Phases 1 & 2

WBIF grants

Sustainable transport

€318.4m

Clean energy

€70.1m

Environment & climate

€97.8m

Human capital

€13m

Digital future

Private sector

See Priorities section

Total

€499.3m

Achieved results

2008–2023

13 km of road upgraded
46.8 MW renewable energy capacity installed
70 km of transmission lines upgraded to 400 kV
Better schools for 78,100 students annually

Expected results

2024–2030

64.8 km of railway line rehabilitated, 1 joint border railway station built
48.5 km of new motorways and expressways
488 MW renewable energy capacity installed
134 km of transmission lines upgraded to 400 kV
68 km of gas interconnector built
1.1 million people benefitting from efficient waste collection and disposal services
Wastewater treatment plant built for Skopje