Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in North Macedonia
North Macedonia: Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP was 3.63 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in North Macedonia, 1993–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
In 2029, africa's development dynamics (afdd) table 04 - annual real gdp in North Macedonia stood at 3.63 Percent per annum.
Compared with earlier readings it is down 6.9% on the previous year and down 6.3% over ten years.
Over the whole period, africa's development dynamics (afdd) table 04 - annual real gdp in North Macedonia peaked at 6.35 Percent per annum in 2007 and was at its lowest, -6.52 Percent per annum, in 1993.
That places North Macedonia 28th out of 166 countries with data for 2029, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in North Macedonia, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1993 | -6.52 Percent per annum | — |
| 1994 | -1.08 Percent per annum | -83.4% |
| 1995 | -1.18 Percent per annum | +8.3% |
| 1996 | 0.6792 Percent per annum | -157.8% |
| 1997 | 0.8446 Percent per annum | +24.3% |
| 1998 | 2.94 Percent per annum | +247.9% |
| 1999 | 3.78 Percent per annum | +28.8% |
| 2000 | 3.81 Percent per annum | +0.8% |
| 2001 | -3.8 Percent per annum | -199.6% |
| 2002 | 0.9356 Percent per annum | -124.6% |
| 2003 | 1.91 Percent per annum | +103.8% |
| 2004 | 4.44 Percent per annum | +132.7% |
| 2005 | 4.58 Percent per annum | +3.3% |
| 2006 | 5.02 Percent per annum | +9.4% |
| 2007 | 6.35 Percent per annum | +26.6% |
| 2008 | 5.33 Percent per annum | -16.0% |
| 2009 | -0.5284 Percent per annum | -109.9% |
| 2010 | 3.16 Percent per annum | -698.0% |
| 2011 | 2.18 Percent per annum | -31.0% |
| 2012 | -0.569 Percent per annum | -126.1% |
| 2013 | 2.79 Percent per annum | -590.6% |
| 2014 | 3.48 Percent per annum | +24.6% |
| 2015 | 3.72 Percent per annum | +7.1% |
| 2016 | 2.74 Percent per annum | -26.4% |
| 2017 | 0.9964 Percent per annum | -63.6% |
| 2018 | 2.81 Percent per annum | +181.7% |
| 2019 | 3.88 Percent per annum | +38.1% |
| 2020 | -4.55 Percent per annum | -217.3% |
| 2021 | 4.9 Percent per annum | -207.6% |
| 2022 | 2.7 Percent per annum | -44.9% |
| 2023 | 1.41 Percent per annum | -47.7% |
| 2024 | 2.85 Percent per annum | +101.7% |
| 2025 | 3.71 Percent per annum | +30.5% |
| 2026 | 3.94 Percent per annum | +6.2% |
| 2027 | 3.97 Percent per annum | +0.7% |
| 2028 | 3.9 Percent per annum | -1.8% |
| 2029 | 3.63 Percent per annum | -6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.0764 Percent per annum | -6.52 Percent per annum | 3.78 Percent per annum | 7 |
| 2000s | 2.8 Percent per annum | -3.8 Percent per annum | 6.35 Percent per annum | 10 |
| 2010s | 2.52 Percent per annum | -0.569 Percent per annum | 3.88 Percent per annum | 10 |
| 2020s | 2.65 Percent per annum | -4.55 Percent per annum | 4.9 Percent per annum | 10 |
Countries ranked near North Macedonia
- 25 South Sudan 3.82 Percent per annum compare
- 26 Albania 3.74 Percent per annum compare
- 26 Equatorial Guinea 0.7967 Percent per annum compare
- 27 Tanzania, United Republic of 3.67 Percent per annum compare
- 28 Mauritania -0.3933 Percent per annum compare
- 29 Hungary 3.53 Percent per annum compare
- 30 Côte d’Ivoire 3.51 Percent per annum compare
- 31 Bulgaria 3.48 Percent per annum compare
More economy & growth data for North Macedonia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 16.83 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.3172 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 3,328 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 12.26 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 17.34 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 181,859 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 7.99 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1919 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 2,013 constant 2015 US$ per person (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 04 - annual real gdp in North Macedonia?
- Africa's development dynamics (afdd) table 04 - annual real gdp in North Macedonia was 3.63 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 04 - annual real gdp recorded in North Macedonia?
- The highest recorded value was 6.35 Percent per annum in 2007.
- What is the lowest africa's development dynamics (afdd) table 04 - annual real gdp recorded in North Macedonia?
- The lowest recorded value was -6.52 Percent per annum in 1993.
- How does North Macedonia rank for africa's development dynamics (afdd) table 04 - annual real gdp?
- North Macedonia ranks 28th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 04 - annual real gdp rising or falling in North Macedonia?
- Over the last ten years it is down 6.3%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP growth per capita — Growth rate of real gross domestic product per capita. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 4 shows the full time series of annual real GDP growth per capta, up to present, and including projected real GDP growth rates over the next five years calculated using the real GDP growth and population growth figures reported in the AfDD Statistical Annex.