CE (guest), CEI, EBRD, ECE, IAEA, IBRD, ICAO, IDA,
IFAD, IFC, ILO, IMF, IMO, INTELSAT (nonsignatory user), INTERPOL, IOC,
ITU, OSCE (observer), UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WMO

Diplomatic representation in US: the US recognized The Former Yugoslav
Republic of Macedonia on 8 February 1994

US diplomatic representation:
chief of mission: Victor D. COMRAS
liaison office: ul. 27 Mart No. 5, 9100 Skopje
mailing address: USLO Skopje, Department of State, Washington, DC
20521-7120 (pouch)
telephone: [389] (91) 116-180
FAX: [389] (91) 117-103

Flag: 16-point gold sun (Vergina, Sun) centered on a red field

@Macedonia, The Former Yugoslav Republic Of:Economy

Overview: The Former Yugoslav Republic of Macedonia, although the
poorest republic in the former Yugoslav federation, can meet basic
food and energy needs through its own agricultural and coal resources.
Its economic decline will continue unless ties are reforged or
enlarged with its neighbors Serbia and Montenegro, Albania, Greece,
and Bulgaria. The economy depends on outside sources for all of its
oil and gas and most of its modern machinery and parts. An important
supplement of GDP is the remittances from thousands of Macedonians
working in Germany and other West European nations. Continued
political turmoil, both internally and in the region as a whole,
prevents any swift readjustments of trade patterns and economic
programs. The country's industrial output and GDP are expected to
decline further in 1995. The Former Yugoslav Republic of Macedonia's
geographical isolation, technological backwardness, and potential
political instability place it far down the list of countries of
interest to Western investors. Resolution of the dispute with Greece
and an internal commitment to economic reform would encourage foreign
investment over the long run. In the immediate future, the worst
scenario for the economy would be the spread of fighting across its
borders.

National product: GDP - purchasing power parity - $1.9 billion (1994
est.)

National product real growth rate: -15% (1994 est.)

National product per capita: $900 (1994 est.)

Inflation rate (consumer prices): 54% (1994)

Unemployment rate: 30% (1993 est.)

Budget:
revenues: $NA
expenditures: $NA, including capital expenditures of $NA

Exports: $1.06 billion (1993)
commodities: manufactured goods 40%, machinery and transport equipment
14%, mis