Key Market Indicators
In 2023, Macedonian broadcasting revenue plummeted to approximately €10 million, marking a significant 23% decline from the €13 million recorded in 2022. This downturn highlights a broader trend, as the Macedonian market has experienced an average annual decrease of 15% since 2017. The latest figures position Macedonia at 28th place in the global ranking for broadcasting revenue. Iceland narrowly edged ahead of Macedonia with the same revenue of around €10 million. Dominating the top spots in the rankings were the United Kingdom, Germany, and Spain, holding the second, third, and fourth positions respectively.