Armenia vs North Macedonia: Foreign direct investment, net inflows
Foreign direct investment, net inflows over time
- Armenia
- North Macedonia
How they compare
North Macedonia currently reports 675.78 million BoP, current US$ against 605.13 million BoP, current US$ in Armenia, a difference of 70.65 million BoP, current US$.
That makes North Macedonia's figure about 1.1 times Armenia's.
The two have swapped places 14 times across 32 shared years of data; in 1994 it was North Macedonia ahead.
Armenia ranks 117th and North Macedonia ranks 114th of 201 countries.
Across the 4 decades both report, Armenia averaged higher in 2 and North Macedonia in 2.
Head to head by decade
| Decade | Armenia | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 76.21 million BoP, current US$ | 50.49 million BoP, current US$ | 25.72 million BoP, current US$ | Armenia |
| 2000s | 378.48 million BoP, current US$ | 340.69 million BoP, current US$ | 37.79 million BoP, current US$ | Armenia |
| 2010s | 356.97 million BoP, current US$ | 403.56 million BoP, current US$ | 46.59 million BoP, current US$ | North Macedonia |
| 2020s | 452.95 million BoP, current US$ | 655.37 million BoP, current US$ | 202.42 million BoP, current US$ | North Macedonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher foreign direct investment, net inflows, Armenia or North Macedonia?
- North Macedonia, at 675.78 million BoP, current US$ against 605.13 million BoP, current US$ in Armenia as of 2025.
- What is the difference in foreign direct investment, net inflows between Armenia and North Macedonia?
- 70.65 million BoP, current US$, with North Macedonia ahead.
- How many years of comparable data are there for Armenia and North Macedonia?
- 32 years are reported by both, from 1994 to 2025.
- How do Armenia and North Macedonia rank globally for foreign direct investment, net inflows?
- Armenia ranks 117th and North Macedonia ranks 114th of 201 countries.
- Where does this data come from?
- Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D, published as Foreign direct investment, net inflows (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Foreign direct investment refers to direct investment equity flows in the reporting economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. Data are in current U.S. dollars.