Annual growth rate of real GDP per capita in North Macedonia
North Macedonia: Annual growth rate of real GDP per capita was 3.5% in 2024. ◆ Volatile
Latest (2024)
3.5%
Change on year
up 16.7%
World rank
60th
of 226 countries
All-time high
6.8%
in 2007
All-time low
-3.5%
in 2001
Years of data
25
2000–2024
Annual growth rate of real GDP per capita in North Macedonia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
North Macedonia recorded 3.5% for annual growth rate of real gdp per capita in 2024.
Compared with earlier readings it is up 16.7% on the previous year and down 20.5% over ten years.
Over the whole period, annual growth rate of real gdp per capita in North Macedonia peaked at 6.8% in 2007 and was at its lowest, -3.5%, in 2001.
That places North Macedonia 60th out of 226 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.1% | — |
| 2001 | -3.5% | -185.4% |
| 2002 | 1.1% | -131.4% |
| 2003 | 1.9% | +72.7% |
| 2004 | 4.4% | +131.6% |
| 2005 | 4.6% | +4.5% |
| 2006 | 5.2% | +13.0% |
| 2007 | 6.8% | +30.8% |
| 2008 | 6.0% | -11.8% |
| 2009 | 0.1% | -98.3% |
| 2010 | 3.8% | +3700.0% |
| 2011 | 2.9% | -23.7% |
| 2012 | 0.2% | -93.1% |
| 2013 | 3.6% | +1700.0% |
| 2014 | 4.4% | +22.2% |
| 2015 | 4.8% | +9.1% |
| 2016 | 3.9% | -18.8% |
| 2017 | 2.1% | -46.2% |
| 2018 | 4.0% | +90.5% |
| 2019 | 5.1% | +27.5% |
| 2020 | -3.4% | -166.7% |
| 2021 | 5.7% | -267.6% |
| 2022 | 3.4% | -40.4% |
| 2023 | 3.0% | -11.8% |
| 2024 | 3.5% | +16.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.1% | -3.5% | 6.8% | 10 |
| 2010s | 3.5% | 0.2% | 5.1% | 10 |
| 2020s | 2.4% | -3.4% | 5.7% | 5 |
Countries ranked near North Macedonia
- 58 Singapore 3.6% compare
- 58 Uganda 3.6% compare
- 60 Mongolia 3.5% compare
- 60 Poland 3.5% compare
- 63 Brunei Darussalam 3.4% compare
- 63 Côte d'Ivoire 3.4% compare
- 63 Democratic People's Republic of Korea 3.4% compare
- 63 Paraguay 3.4% compare
- 63 Brunei Darussalam 3.4% compare
- 63 Côte d'Ivoire 3.4% 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 annual growth rate of real gdp per capita in North Macedonia?
- Annual growth rate of real gdp per capita in North Macedonia was 3.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in North Macedonia?
- The highest recorded value was 6.8% in 2007.
- What is the lowest annual growth rate of real gdp per capita recorded in North Macedonia?
- The lowest recorded value was -3.5% in 2001.
- How does North Macedonia rank for annual growth rate of real gdp per capita?
- North Macedonia ranks 60th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in North Macedonia?
- Over the last ten years it is down 20.5%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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