Least developed countries vs North Macedonia: Gross capital formation
Gross capital formation over time
- Least developed countries
- North Macedonia
How they compare
North Macedonia currently reports 31.7% against 25.4% in Least developed countries, a difference of 6.3%.
That makes North Macedonia's figure about 1.2 times Least developed countries's.
The two have swapped places 5 times across 32 shared years of data; in 1994 it was Least developed countries ahead.
Least developed countries ranks 21st and North Macedonia ranks 24th of 43 groups.
Across the 4 decades both report, Least developed countries averaged higher in 2 and North Macedonia in 2.
Head to head by decade
| Decade | Least developed countries | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 21.0% | 18.9% | 2.1% | Least developed countries |
| 2000s | 24.2% | 21.8% | 2.4% | Least developed countries |
| 2010s | 27.2% | 30.1% | 2.9% | North Macedonia |
| 2020s | 27.5% | 31.7% | 4.2% | North Macedonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Least developed countries or North Macedonia?
- North Macedonia, at 31.7% against 25.4% in Least developed countries as of 2025.
- What is the difference in gross capital formation between Least developed countries and North Macedonia?
- 6.3%, with North Macedonia ahead.
- How many years of comparable data are there for Least developed countries and North Macedonia?
- 32 years are reported by both, from 1994 to 2025.
- How do Least developed countries and North Macedonia rank globally for gross capital formation?
- Least developed countries ranks 21st and North Macedonia ranks 24th of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.