Adjusted savings: consumption of fixed capital in North Macedonia
North Macedonia: Adjusted savings: consumption of fixed capital was 16.6% in 2021. ▼ Falling
Adjusted savings: consumption of fixed capital in North Macedonia, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: consumption of fixed capital in North Macedonia stood at 16.6%.
That represents a change of down 1.7% on the previous year and down 14.0% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in North Macedonia peaked at 28.9% in 1992 and was at its lowest, 12.2%, in 1991.
North Macedonia ranks 55th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 32 years of available data.
Adjusted savings: consumption of fixed capital in North Macedonia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1990 | 15.4% | — |
| 1991 | 12.2% | -20.6% |
| 1992 | 28.9% | +136.3% |
| 1993 | 23.1% | -20.1% |
| 1994 | 22.1% | -4.1% |
| 1995 | 21.1% | -4.7% |
| 1996 | 20.5% | -2.6% |
| 1997 | 19.4% | -5.4% |
| 1998 | 18.5% | -4.6% |
| 1999 | 18.3% | -1.0% |
| 2000 | 18.1% | -1.2% |
| 2001 | 18.6% | +2.7% |
| 2002 | 19.1% | +2.7% |
| 2003 | 20.7% | +8.5% |
| 2004 | 20.7% | -0.0% |
| 2005 | 20.4% | -1.8% |
| 2006 | 19.0% | -6.5% |
| 2007 | 22.2% | +16.8% |
| 2008 | 20.5% | -7.8% |
| 2009 | 20.4% | -0.4% |
| 2010 | 20.6% | +0.7% |
| 2011 | 19.3% | -6.1% |
| 2012 | 19.9% | +2.9% |
| 2013 | 18.6% | -6.3% |
| 2014 | 18.4% | -1.1% |
| 2015 | 17.9% | -2.7% |
| 2016 | 17.5% | -2.4% |
| 2017 | 16.3% | -6.9% |
| 2018 | 17.1% | +4.8% |
| 2019 | 17.4% | +2.1% |
| 2020 | 16.9% | -3.2% |
| 2021 | 16.6% | -1.7% |
North Macedonia compared with similar countries
- North Macedonia's 16.6% is above the median for upper middle income countries, which is 13.0%, 1.3× the median. (59 countries reporting)
- North Macedonia's 16.6% is above the median for Europe & Central Asia, which is 16.2%, 1.0× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: consumption of fixed capital in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +136.3% | 12.2% | 28.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.9% | 12.2% | 28.9% | 10 |
| 2000s | 20.0% | 18.1% | 22.2% | 10 |
| 2010s | 18.3% | 16.3% | 20.6% | 10 |
| 2020s | 16.7% | 16.6% | 16.9% | 2 |
Countries ranked near North Macedonia
More economy & growth data for North Macedonia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 400.07 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0209 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 219.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 675.78 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -36.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0354 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 371.12 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 10.51 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in North Macedonia?
- Adjusted savings: consumption of fixed capital in North Macedonia was 16.6% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in North Macedonia?
- The highest recorded value was 28.9% in 1992.
- What is the lowest adjusted savings: consumption of fixed capital recorded in North Macedonia?
- The lowest recorded value was 12.2% in 1991.
- How does North Macedonia rank for adjusted savings: consumption of fixed capital?
- North Macedonia ranks 55th out of 204 countries with data for 2021.
- Is adjusted savings: consumption of fixed capital rising or falling in North Macedonia?
- Over the last ten years it is down 14.0%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.