Annual gdp growth in North Macedonia
North Macedonia: Annual gdp growth was 2.07 in 2023. β Volatile
Latest (2023)
2.07
Change on year
down 25.0%
World rank
134th
of 211 countries
All-time high
6.47
in 2007
All-time low
-4.69
in 2020
Years of data
24
2000β2023
Annual gdp growth in North Macedonia, 2000β2023
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in North Macedonia is 2.07, measured in 2023.
That represents a change of down 25.0% on the previous year and down 29.4% over ten years.
Over the whole period, annual gdp growth in North Macedonia peaked at 6.47 in 2007 and was at its lowest, -4.69, in 2020.
That places North Macedonia 134th out of 211 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.13 | -3.07 | 6.47 | 10 |
| 2010s | 2.64 | -0.46 | 3.91 | 10 |
| 2020s | 1.16 | -4.69 | 4.51 | 4 |
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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.014 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 71.63 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 52.3 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0191 (2025)
- Gdp worldbank constant usd, annual growth rate 3.49 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.6552 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 6,873 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in North Macedonia?
- Annual gdp growth in North Macedonia was 2.07 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in North Macedonia?
- The highest recorded value was 6.47 in 2007.
- What is the lowest annual gdp growth recorded in North Macedonia?
- The lowest recorded value was -4.69 in 2020.
- How does North Macedonia rank for annual gdp growth?
- North Macedonia ranks 134th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in North Macedonia?
- Over the last ten years it is down 29.4%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under CC BY 4.0 (Our World in Data).