Adjusted savings: gross savings in North Macedonia
North Macedonia: Adjusted savings: gross savings was 30.5% in 2021. ▲ Rising
Adjusted savings: gross savings in North Macedonia, 1996–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2021, adjusted savings: gross savings in North Macedonia stood at 30.5%.
That represents a change of up 8.3% on the previous year and up 15.8% over ten years.
Over the whole period, adjusted savings: gross savings in North Macedonia peaked at 34.1% in 2018 and was at its lowest, 3.9%, in 1998.
That places North Macedonia 45th out of 178 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Adjusted savings: gross savings in North Macedonia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1996 | 12.3% | — |
| 1997 | 6.1% | -50.3% |
| 1998 | 3.9% | -35.8% |
| 1999 | 7.4% | +87.7% |
| 2000 | 22.3% | +202.1% |
| 2001 | 12.7% | -42.9% |
| 2002 | 13.2% | +3.7% |
| 2003 | 15.9% | +20.4% |
| 2004 | 14.7% | -7.8% |
| 2005 | 18.9% | +28.8% |
| 2006 | 22.0% | +16.4% |
| 2007 | 18.5% | -15.8% |
| 2008 | 16.4% | -11.4% |
| 2009 | 20.6% | +25.4% |
| 2010 | 24.1% | +17.4% |
| 2011 | 26.3% | +9.1% |
| 2012 | 27.3% | +3.5% |
| 2013 | 28.0% | +2.9% |
| 2014 | 30.4% | +8.6% |
| 2015 | 29.6% | -2.7% |
| 2016 | 31.5% | +6.5% |
| 2017 | 33.2% | +5.3% |
| 2018 | 34.1% | +2.8% |
| 2019 | 33.4% | -2.3% |
| 2020 | 28.2% | -15.6% |
| 2021 | 30.5% | +8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.4% | 3.9% | 12.3% | 4 |
| 2000s | 17.5% | 12.7% | 22.3% | 10 |
| 2010s | 29.8% | 24.1% | 34.1% | 10 |
| 2020s | 29.3% | 28.2% | 30.5% | 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)
- Final consumption expenditure (constant 2015 US$), per capita 6,080 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 13.46 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.14 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 11,932 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 9.02 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 62.16 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 652,070 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.99 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: gross savings in North Macedonia?
- Adjusted savings: gross savings in North Macedonia was 30.5% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in North Macedonia?
- The highest recorded value was 34.1% in 2018.
- What is the lowest adjusted savings: gross savings recorded in North Macedonia?
- The lowest recorded value was 3.9% in 1998.
- How does North Macedonia rank for adjusted savings: gross savings?
- North Macedonia ranks 45th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in North Macedonia?
- Over the last ten years it is up 15.8%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. 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.