Foreign direct investment, net inflows (BoP, current US$) in North Macedonia
North Macedonia: Foreign direct investment, net inflows (BoP, current US$) was 675.78 million BoP, current US$ in 2025. ◆ Volatile
Foreign direct investment, net inflows in North Macedonia, 1994–2025
Source: Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D. Measured in BoP, current US$.
Analysis
North Macedonia recorded 675.78 million BoP, current US$ for foreign direct investment, net inflows in 2025.
Compared with earlier readings it is down 36.1% on the previous year and up 127.8% over ten years.
Over the whole period, foreign direct investment, net inflows in North Macedonia peaked at 1.06 billion BoP, current US$ in 2024 and was at its lowest, 7.69 million BoP, current US$, in 2020.
That places North Macedonia 115th out of 204 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment, net inflows (BoP, current US$) in North Macedonia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1994 | 24.00 million BoP, current US$ | — |
| 1995 | 9.49 million BoP, current US$ | -60.5% |
| 1996 | 11.21 million BoP, current US$ | +18.1% |
| 1997 | 15.74 million BoP, current US$ | +40.4% |
| 1998 | 151.16 million BoP, current US$ | +860.3% |
| 1999 | 91.33 million BoP, current US$ | -39.6% |
| 2000 | 217.51 million BoP, current US$ | +138.2% |
| 2001 | 469.57 million BoP, current US$ | +115.9% |
| 2002 | 114.19 million BoP, current US$ | -75.7% |
| 2003 | 119.04 million BoP, current US$ | +4.2% |
| 2004 | 309.14 million BoP, current US$ | +159.7% |
| 2005 | 145.33 million BoP, current US$ | -53.0% |
| 2006 | 427.44 million BoP, current US$ | +194.1% |
| 2007 | 733.47 million BoP, current US$ | +71.6% |
| 2008 | 611.69 million BoP, current US$ | -16.6% |
| 2009 | 259.53 million BoP, current US$ | -57.6% |
| 2010 | 301.44 million BoP, current US$ | +16.1% |
| 2011 | 507.92 million BoP, current US$ | +68.5% |
| 2012 | 337.91 million BoP, current US$ | -33.5% |
| 2013 | 402.46 million BoP, current US$ | +19.1% |
| 2014 | 60.88 million BoP, current US$ | -84.9% |
| 2015 | 296.60 million BoP, current US$ | +387.2% |
| 2016 | 549.37 million BoP, current US$ | +85.2% |
| 2017 | 380.74 million BoP, current US$ | -30.7% |
| 2018 | 648.73 million BoP, current US$ | +70.4% |
| 2019 | 549.50 million BoP, current US$ | -15.3% |
| 2020 | 7.69 million BoP, current US$ | -98.6% |
| 2021 | 696.26 million BoP, current US$ | +8949.6% |
| 2022 | 854.15 million BoP, current US$ | +22.7% |
| 2023 | 641.50 million BoP, current US$ | -24.9% |
| 2024 | 1.06 billion BoP, current US$ | +64.7% |
| 2025 | 675.78 million BoP, current US$ | -36.1% |
North Macedonia compared with similar countries
- North Macedonia's 675.78 million BoP, current US$ is below the median for upper middle income countries, which is 854.27 million BoP, current US$, 79% of the median. (58 countries reporting)
- North Macedonia's 675.78 million BoP, current US$ is below the median for Europe & Central Asia, which is 1.65 billion BoP, current US$, 41% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Foreign direct investment, net inflows (BoP, current US$) in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +8949.6% | 7.69 million BoP, current US$ | 696.26 million BoP, current US$ |
| 1998 | +860.3% | 15.74 million BoP, current US$ | 151.16 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 50.49 million BoP, current US$ | 9.49 million BoP, current US$ | 151.16 million BoP, current US$ | 6 |
| 2000s | 340.69 million BoP, current US$ | 114.19 million BoP, current US$ | 733.47 million BoP, current US$ | 10 |
| 2010s | 403.56 million BoP, current US$ | 60.88 million BoP, current US$ | 648.73 million BoP, current US$ | 10 |
| 2020s | 655.37 million BoP, current US$ | 7.69 million BoP, current US$ | 1.06 billion BoP, current US$ | 6 |
Countries ranked near North Macedonia
- 112 Armenia 708.03 million BoP, current US$ compare
- 113 Turkmenistan 701.43 million BoP, current US$ compare
- 114 Montenegro 676.19 million BoP, current US$ compare
- 116 Kyrgyzstan 642.40 million BoP, current US$ compare
- 117 Mauritania 634.08 million BoP, current US$ compare
- 118 Cameroon 598.95 million BoP, current US$ 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)
- SDRs holdings, US dollar, annual growth rate -77.1 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.1524 units per person (2025)
- SDRs holdings, SDR, annual growth rate -78.2 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.1113 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -4.71 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0246 units per US$ of GDP (2025)
Frequently asked questions
- What is foreign direct investment, net inflows in North Macedonia?
- Foreign direct investment, net inflows in North Macedonia was 675.78 million BoP, current US$ in 2025, according to Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D.
- What is the highest foreign direct investment, net inflows recorded in North Macedonia?
- The highest recorded value was 1.06 billion BoP, current US$ in 2024.
- What is the lowest foreign direct investment, net inflows recorded in North Macedonia?
- The lowest recorded value was 7.69 million BoP, current US$ in 2020.
- How does North Macedonia rank for foreign direct investment, net inflows?
- North Macedonia ranks 115th out of 204 countries with data for 2025.
- Is foreign direct investment, net inflows rising or falling in North Macedonia?
- Over the last ten years it is up 127.8%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D, published as part of Foreign direct investment, net inflows (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Foreign direct investment refers to direct investment equity flows in the reporting economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. Data are in current U.S. dollars.