Adjusted savings: education expenditure (current US$), per unit of GDP in North Macedonia
North Macedonia: Adjusted savings: education expenditure (current US$), per unit of GDP was 0.0308 current US$ per US$ of GDP in 2021. ▼ Falling
Adjusted savings: education expenditure (current US$), per unit of GDP in North Macedonia, 1990–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for adjusted savings: education expenditure (current us$), per unit of gdp in North Macedonia is 0.0308 current US$ per US$ of GDP, measured in 2021. That is the lowest value across all 32 years on record.
That represents a change of down 2.0% on the previous year and down 3.9% over ten years.
Over the whole period, adjusted savings: education expenditure (current us$), per unit of gdp in North Macedonia peaked at 0.0497 current US$ per US$ of GDP in 1991 and was at its lowest, 0.0308 current US$ per US$ of GDP, in 2021.
That places North Macedonia 126th out of 194 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 32 years of available data.
Adjusted savings: education expenditure (current US$), per unit of GDP in North Macedonia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.0494 current US$ per US$ of GDP | — |
| 1991 | 0.0497 current US$ per US$ of GDP | +0.6% |
| 1992 | 0.0485 current US$ per US$ of GDP | -2.4% |
| 1993 | 0.048 current US$ per US$ of GDP | -1.1% |
| 1994 | 0.0464 current US$ per US$ of GDP | -3.3% |
| 1995 | 0.0426 current US$ per US$ of GDP | -8.1% |
| 1996 | 0.0435 current US$ per US$ of GDP | +2.1% |
| 1997 | 0.0483 current US$ per US$ of GDP | +11.1% |
| 1998 | 0.0483 current US$ per US$ of GDP | -0.0% |
| 1999 | 0.0441 current US$ per US$ of GDP | -8.7% |
| 2000 | 0.0401 current US$ per US$ of GDP | -9.1% |
| 2001 | 0.0365 current US$ per US$ of GDP | -9.0% |
| 2002 | 0.0323 current US$ per US$ of GDP | -11.5% |
| 2003 | 0.0323 current US$ per US$ of GDP | -0.1% |
| 2004 | 0.0325 current US$ per US$ of GDP | +0.6% |
| 2005 | 0.0321 current US$ per US$ of GDP | -1.1% |
| 2006 | 0.0326 current US$ per US$ of GDP | +1.4% |
| 2007 | 0.0312 current US$ per US$ of GDP | -4.3% |
| 2008 | 0.0323 current US$ per US$ of GDP | +3.6% |
| 2009 | 0.0325 current US$ per US$ of GDP | +0.5% |
| 2010 | 0.0322 current US$ per US$ of GDP | -0.7% |
| 2011 | 0.0321 current US$ per US$ of GDP | -0.4% |
| 2012 | 0.032 current US$ per US$ of GDP | -0.4% |
| 2013 | 0.0319 current US$ per US$ of GDP | -0.2% |
| 2014 | 0.0321 current US$ per US$ of GDP | +0.5% |
| 2015 | 0.0317 current US$ per US$ of GDP | -1.3% |
| 2016 | 0.0314 current US$ per US$ of GDP | -0.9% |
| 2017 | 0.0314 current US$ per US$ of GDP | +0.0% |
| 2018 | 0.0313 current US$ per US$ of GDP | -0.2% |
| 2019 | 0.0312 current US$ per US$ of GDP | -0.4% |
| 2020 | 0.0315 current US$ per US$ of GDP | +0.9% |
| 2021 | 0.0308 current US$ per US$ of GDP | -2.0% |
North Macedonia compared with similar countries
- North Macedonia's 0.0308 current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0376 current US$ per US$ of GDP, 82% of the median. (55 countries reporting)
- North Macedonia's 0.0308 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.0415 current US$ per US$ of GDP, 74% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0469 current US$ per US$ of GDP | 0.0426 current US$ per US$ of GDP | 0.0497 current US$ per US$ of GDP | 10 |
| 2000s | 0.0334 current US$ per US$ of GDP | 0.0312 current US$ per US$ of GDP | 0.0401 current US$ per US$ of GDP | 10 |
| 2010s | 0.0317 current US$ per US$ of GDP | 0.0312 current US$ per US$ of GDP | 0.0322 current US$ per US$ of GDP | 10 |
| 2020s | 0.0311 current US$ per US$ of GDP | 0.0308 current US$ per US$ of GDP | 0.0315 current US$ per US$ of GDP | 2 |
Countries ranked near North Macedonia
- 123 El Salvador 0.0313 current US$ per US$ of GDP compare
- 124 Ethiopia 0.0312 current US$ per US$ of GDP compare
- 125 Paraguay 0.0309 current US$ per US$ of GDP compare
- 127 Greece 0.0307 current US$ per US$ of GDP compare
- 128 India 0.0304 current US$ per US$ of GDP compare
- 129 Hong Kong 0.0303 current US$ per US$ of GDP compare
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$), annual growth rate 10.51 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure (current us$), per unit of gdp in North Macedonia?
- Adjusted savings: education expenditure (current us$), per unit of gdp in North Macedonia was 0.0308 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: education expenditure (current us$), per unit of gdp recorded in North Macedonia?
- The highest recorded value was 0.0497 current US$ per US$ of GDP in 1991.
- What is the lowest adjusted savings: education expenditure (current us$), per unit of gdp recorded in North Macedonia?
- The lowest recorded value was 0.0308 current US$ per US$ of GDP in 2021.
- How does North Macedonia rank for adjusted savings: education expenditure (current us$), per unit of gdp?
- North Macedonia ranks 126th out of 194 countries with data for 2021.
- Is adjusted savings: education expenditure (current us$), per unit of gdp rising or falling in North Macedonia?
- Over the last ten years it is down 3.9%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from Statizoid (derived), published as part of Adjusted savings: education expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: education expenditure (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: education expenditure Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.