Foreign direct investment, net outflows in North Macedonia
North Macedonia: Foreign direct investment, net outflows was 400.07 million BoP, current US$ in 2025. ◆ Volatile
Foreign direct investment, net outflows in North Macedonia, 1997–2025
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$.
Analysis
The most recent figure for foreign direct investment, net outflows in North Macedonia is 400.07 million BoP, current US$, measured in 2025. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 716.4% on the previous year and up 503.5% over ten years.
Over the whole period, foreign direct investment, net outflows in North Macedonia peaked at 400.07 million BoP, current US$ in 2025 and was at its lowest, -200.51 million BoP, current US$, in 2014.
North Macedonia ranks 68th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment, net outflows in North Macedonia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1997 | 73,970 BoP, current US$ | — |
| 1998 | 684,405 BoP, current US$ | +825.2% |
| 1999 | 3.22 million BoP, current US$ | +370.8% |
| 2000 | 1.85 million BoP, current US$ | -42.7% |
| 2001 | 23.31 million BoP, current US$ | +1161.7% |
| 2002 | 8.72 million BoP, current US$ | -62.6% |
| 2003 | 1.58 million BoP, current US$ | -81.9% |
| 2004 | -12.73 million BoP, current US$ | -906.1% |
| 2005 | 51.10 million BoP, current US$ | -501.4% |
| 2006 | 3.48 million BoP, current US$ | -93.2% |
| 2007 | 33.32 million BoP, current US$ | +856.6% |
| 2008 | 11.19 million BoP, current US$ | -66.4% |
| 2009 | 74.00 million BoP, current US$ | +561.5% |
| 2010 | 94.58 million BoP, current US$ | +27.8% |
| 2011 | 34.01 million BoP, current US$ | -64.0% |
| 2012 | 172.41 million BoP, current US$ | +407.0% |
| 2013 | 97.48 million BoP, current US$ | -43.5% |
| 2014 | -200.51 million BoP, current US$ | -305.7% |
| 2015 | 66.29 million BoP, current US$ | -133.1% |
| 2016 | 200.01 million BoP, current US$ | +201.7% |
| 2017 | 182.20 million BoP, current US$ | -8.9% |
| 2018 | -64.53 million BoP, current US$ | -135.4% |
| 2019 | 145.53 million BoP, current US$ | -325.5% |
| 2020 | -165.22 million BoP, current US$ | -213.5% |
| 2021 | 243.03 million BoP, current US$ | -247.1% |
| 2022 | 170.33 million BoP, current US$ | -29.9% |
| 2023 | 113.57 million BoP, current US$ | -33.3% |
| 2024 | -64.91 million BoP, current US$ | -157.2% |
| 2025 | 400.07 million BoP, current US$ | -716.4% |
North Macedonia compared with similar countries
- North Macedonia's 400.07 million BoP, current US$ is above the median for upper middle income countries, which is 153.78 million BoP, current US$, 2.6× the median. (55 countries reporting)
- North Macedonia's 400.07 million BoP, current US$ is below the median for Europe & Central Asia, which is 910.20 million BoP, current US$, 44% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.33 million BoP, current US$ | 73,970 BoP, current US$ | 3.22 million BoP, current US$ | 3 |
| 2000s | 19.58 million BoP, current US$ | -12.73 million BoP, current US$ | 74.00 million BoP, current US$ | 10 |
| 2010s | 72.75 million BoP, current US$ | -200.51 million BoP, current US$ | 200.01 million BoP, current US$ | 10 |
| 2020s | 116.14 million BoP, current US$ | -165.22 million BoP, current US$ | 400.07 million BoP, current US$ | 6 |
Countries ranked near North Macedonia
- 65 Kenya 417.66 million BoP, current US$ compare
- 66 Kosovo 415.06 million BoP, current US$ compare
- 66 Kosovo (UNSCR 1244) 415.06 million BoP, current US$ compare
- 69 Lebanon 390.72 million BoP, current US$ compare
- 70 Albania 341.64 million BoP, current US$ compare
- 71 El Salvador 318.29 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)
- 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$), annual growth rate 10.51 % change on previous year (2025)
Frequently asked questions
- What is foreign direct investment, net outflows in North Macedonia?
- Foreign direct investment, net outflows in North Macedonia was 400.07 million BoP, current US$ 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 outflows recorded in North Macedonia?
- The highest recorded value was 400.07 million BoP, current US$ in 2025.
- What is the lowest foreign direct investment, net outflows recorded in North Macedonia?
- The lowest recorded value was -200.51 million BoP, current US$ in 2014.
- How does North Macedonia rank for foreign direct investment, net outflows?
- North Macedonia ranks 68th out of 192 countries with data for 2025.
- Is foreign direct investment, net outflows rising or falling in North Macedonia?
- Over the last ten years it is up 503.5%. 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 outflows (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 an 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. This series shows net outflows of investment from the reporting economy to the rest of the world. Data are in current U.S. dollars.