GDP (current LCU) (UNICEF) in North Macedonia
North Macedonia: GDP (current LCU) (UNICEF) was 964.09 billion in 2024. ◆ Volatile
GDP in North Macedonia, 1990–2024
Source: UNICEF.
Analysis
In 2024, gdp in North Macedonia stood at 964.09 billion. That is the highest value across all 35 years on record.
The figure is up 6.8% on the previous year and up 82.7% over ten years.
Over the whole period, gdp in North Macedonia peaked at 964.09 billion in 2024 and was at its lowest, 532.00 million, in 1990.
North Macedonia ranks 35th of 74 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.
GDP (current LCU) (UNICEF) in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 532.00 million | — |
| 1991 | 968.00 million | +82.0% |
| 1992 | 12.41 billion | +1181.6% |
| 1993 | 62.23 billion | +401.6% |
| 1994 | 154.00 billion | +147.5% |
| 1995 | 178.31 billion | +15.8% |
| 1996 | 185.59 billion | +4.1% |
| 1997 | 195.66 billion | +5.4% |
| 1998 | 205.09 billion | +4.8% |
| 1999 | 219.85 billion | +7.2% |
| 2000 | 248.65 billion | +13.1% |
| 2001 | 252.39 billion | +1.5% |
| 2002 | 258.58 billion | +2.5% |
| 2003 | 268.69 billion | +3.9% |
| 2004 | 280.79 billion | +4.5% |
| 2005 | 308.45 billion | +9.9% |
| 2006 | 334.84 billion | +8.6% |
| 2007 | 372.89 billion | +11.4% |
| 2008 | 414.89 billion | +11.3% |
| 2009 | 414.62 billion | -0.1% |
| 2010 | 437.30 billion | +5.5% |
| 2011 | 464.19 billion | +6.1% |
| 2012 | 466.70 billion | +0.5% |
| 2013 | 501.89 billion | +7.5% |
| 2014 | 527.63 billion | +5.1% |
| 2015 | 558.95 billion | +5.9% |
| 2016 | 594.79 billion | +6.4% |
| 2017 | 618.11 billion | +3.9% |
| 2018 | 660.88 billion | +6.9% |
| 2019 | 692.68 billion | +4.8% |
| 2020 | 669.28 billion | -3.4% |
| 2021 | 729.45 billion | +9.0% |
| 2022 | 816.08 billion | +11.9% |
| 2023 | 902.90 billion | +10.6% |
| 2024 | 964.09 billion | +6.8% |
North Macedonia compared with similar countries
- North Macedonia's 964.09 billion is above the median for upper middle income countries, which is 964.09 billion, 1.0× the median. (19 countries reporting)
- North Macedonia's 964.09 billion is above the median for Europe & Central Asia, which is 591.53 billion, 1.6× the median. (52 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU) (UNICEF) 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 |
|---|---|---|---|
| 1992 | +1181.6% | 968.00 million | 12.41 billion |
| 1993 | +401.6% | 12.41 billion | 62.23 billion |
| 1994 | +147.5% | 62.23 billion | 154.00 billion |
| 1991 | +82.0% | 532.00 million | 968.00 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 121.46 billion | 532.00 million | 219.85 billion | 10 |
| 2000s | 315.48 billion | 248.65 billion | 414.89 billion | 10 |
| 2010s | 552.31 billion | 437.30 billion | 692.68 billion | 10 |
| 2020s | 816.36 billion | 669.28 billion | 964.09 billion | 5 |
Countries ranked near North Macedonia
- 32 Spain 1.59 trillion compare
- 33 Kyrgyzstan 1.52 trillion compare
- 34 Netherlands 1.12 trillion compare
- 36 Switzerland 824.59 billion compare
- 37 Qatar 797.75 billion compare
- 38 Djibouti 737.92 billion compare
More economy & growth data for North Macedonia
- Real gdp growth, annual growth rate 16.47 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gdp in North Macedonia?
- Gdp in North Macedonia was 964.09 billion in 2024, according to UNICEF.
- What is the highest gdp recorded in North Macedonia?
- The highest recorded value was 964.09 billion in 2024.
- What is the lowest gdp recorded in North Macedonia?
- The lowest recorded value was 532.00 million in 1990.
- How does North Macedonia rank for gdp?
- North Macedonia ranks 35th out of 74 countries with data for 2024.
- Is gdp rising or falling in North Macedonia?
- Over the last ten years it is up 82.7%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from UNICEF, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
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