Foreign direct investment, net outflows as share of GDP in North Macedonia

North Macedonia: Foreign direct investment, net outflows as share of GDP was 2.1% in 2025. ◆ Volatile

Latest (2025)
2.1%
Change on year
up 647.0%
World rank
31st
of 189 countries
All-time high
2.1%
in 2025
All-time low
-1.8%
in 2014
Years of data
29
1997–2025

Foreign direct investment, net outflows as share of GDP in North Macedonia, 1997–2025

-2-10121997201120251997: 0.002 % of GDP1998: 0.018 % of GDP1999: 0.083 % of GDP2000: 0.049 % of GDP2001: 0.628 % of GDP2002: 0.217 % of GDP2003: 0.032 % of GDP2004: -0.224 % of GDP2005: 0.816 % of GDP2006: 0.051 % of GDP2007: 0.4 % of GDP2008: 0.113 % of GDP2009: 0.787 % of GDP2010: 1 % of GDP2011: 0.324 % of GDP2012: 1.8 % of GDP2013: 0.901 % of GDP2014: -1.8 % of GDP2015: 0.659 % of GDP2016: 1.9 % of GDP2017: 1.6 % of GDP2018: -0.509 % of GDP2019: 1.2 % of GDP2020: -1.3 % of GDP2021: 1.7 % of GDP2022: 1.2 % of GDP2023: 0.716 % of GDP2024: -0.383 % of GDP2025: 2.1 % of GDP

Source: International Monetary Fund (Balance of Payments), UNCTAD, and national sources, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

North Macedonia recorded 2.1% for foreign direct investment, net outflows as share of gdp in 2025. That is the highest value across all 29 years on record.

Compared with earlier readings it is up 647.0% on the previous year and up 218.0% over ten years.

Over the whole period, foreign direct investment, net outflows as share of gdp in North Macedonia peaked at 2.1% in 2025 and was at its lowest, -1.8%, in 2014.

North Macedonia ranks 31st of 189 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Foreign direct investment, net outflows as share of GDP in North Macedonia, year by year

Annual values for Foreign direct investment, net outflows as share of GDP in North Macedonia, 1997 to 2025.
Year % of GDP Change
1997 0.0%
1998 0.0% +861.4%
1999 0.1% +358.9%
2000 0.0% -41.3%
2001 0.6% +1183.2%
2002 0.2% -65.5%
2003 0.0% -85.3%
2004 -0.2% -801.7%
2005 0.8% -464.5%
2006 0.1% -93.8%
2007 0.4% +687.3%
2008 0.1% -71.8%
2009 0.8% +597.3%
2010 1.0% +27.7%
2011 0.3% -67.8%
2012 1.8% +445.9%
2013 0.9% -49.1%
2014 -1.8% -295.8%
2015 0.7% -137.3%
2016 1.9% +184.5%
2017 1.6% -14.0%
2018 -0.5% -131.6%
2019 1.2% -326.9%
2020 -1.3% -215.8%
2021 1.7% -229.9%
2022 1.2% -29.6%
2023 0.7% -41.4%
2024 -0.4% -153.5%
2025 2.1% -647.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0% 0.0% 0.1% 3
2000s 0.3% -0.2% 0.8% 10
2010s 0.7% -1.8% 1.9% 10
2020s 0.7% -1.3% 2.1% 6

Countries ranked near North Macedonia

  1. 28 Saudi Arabia 2.1% compare
  2. 29 Finland 2.1% compare
  3. 30 Aruba 2.1% compare
  4. 32 Kuwait 1.9% compare
  5. 33 Thailand 1.6% compare
  6. 34 Liberia 1.6% compare

See the full ranking of 189 places →

More economy & growth data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is foreign direct investment, net outflows as share of gdp in North Macedonia?
Foreign direct investment, net outflows as share of gdp in North Macedonia was 2.1% in 2025, according to International Monetary Fund (Balance of Payments), UNCTAD, and national sources, via World Bank (2026) – processed by Our World in Data.
What is the highest foreign direct investment, net outflows as share of gdp recorded in North Macedonia?
The highest recorded value was 2.1% in 2025.
What is the lowest foreign direct investment, net outflows as share of gdp recorded in North Macedonia?
The lowest recorded value was -1.8% in 2014.
How does North Macedonia rank for foreign direct investment, net outflows as share of gdp?
North Macedonia ranks 31st out of 189 countries with data for 2025.
Is foreign direct investment, net outflows as share of gdp rising or falling in North Macedonia?
Over the last ten years it is up 218.0%. The long-run trend across the full record is volatile.
Where does this North Macedonia data come from?
The figures come from International Monetary Fund (Balance of Payments), UNCTAD, and national sources, via World Bank (2026) – processed by Our World in Data, published as part of Foreign direct investment, net outflows as share of GDP. Statizoid updates them automatically from the source API.

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Foreign direct investment, net outflows as share of GDP in North Macedonia. Statizoid, drawing on International Monetary Fund (Balance of Payments), UNCTAD, and national sources, via World Bank (2026) – processed by Our World in Data. Retrieved 05 September 2026, from https://economy.statizoid.com/stat/foreign-direct-investment-net-outflows-as-share-of-gdp/north-macedonia/

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About this data

Indicator
Foreign direct investment, net outflows as share of GDP
Unit
% of GDP
Source
International Monetary Fund (Balance of Payments), UNCTAD, and national sources, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
189 places, 7,265 data points, 1970–2025
Last refreshed

Net outflows of foreign direct investment from the reporting economy to the rest of the world.