GDP growth in North Macedonia
North Macedonia: GDP growth was 3.5% in 2025. ◆ Volatile
GDP growth in North Macedonia, 1991–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
In 2025, gdp growth in North Macedonia stood at 3.5%.
Compared with earlier readings it is up 16.5% on the previous year and down 9.6% over ten years.
Over the whole period, gdp growth in North Macedonia peaked at 6.5% in 2007 and was at its lowest, -7.5%, in 1993.
North Macedonia ranks 99th of 213 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 growth in North Macedonia, year by year
| Year | annual % | Change |
|---|---|---|
| 1991 | -6.2% | — |
| 1992 | -6.6% | +6.4% |
| 1993 | -7.5% | +13.8% |
| 1994 | -1.8% | -76.5% |
| 1995 | -1.1% | -36.6% |
| 1996 | 1.2% | -206.3% |
| 1997 | 1.4% | +21.5% |
| 1998 | 3.4% | +134.6% |
| 1999 | 4.3% | +28.4% |
| 2000 | 4.5% | +4.8% |
| 2001 | -3.1% | -167.4% |
| 2002 | 1.5% | -148.7% |
| 2003 | 2.2% | +48.8% |
| 2004 | 4.7% | +110.3% |
| 2005 | 4.7% | +1.1% |
| 2006 | 5.1% | +8.7% |
| 2007 | 6.5% | +26.0% |
| 2008 | 5.5% | -15.5% |
| 2009 | -0.4% | -106.6% |
| 2010 | 3.4% | -1036.6% |
| 2011 | 2.3% | -30.3% |
| 2012 | -0.5% | -119.5% |
| 2013 | 2.9% | -741.2% |
| 2014 | 3.6% | +24.1% |
| 2015 | 3.9% | +6.2% |
| 2016 | 2.8% | -26.1% |
| 2017 | 1.1% | -62.0% |
| 2018 | 2.9% | +166.3% |
| 2019 | 3.9% | +35.8% |
| 2020 | -4.7% | -219.9% |
| 2021 | 4.5% | -196.2% |
| 2022 | 2.8% | -38.8% |
| 2023 | 2.6% | -7.4% |
| 2024 | 3.0% | +17.2% |
| 2025 | 3.5% | +16.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.4% | -7.5% | 4.3% | 9 |
| 2000s | 3.1% | -3.1% | 6.5% | 10 |
| 2010s | 2.6% | -0.5% | 3.9% | 10 |
| 2020s | 1.9% | -4.7% | 4.5% | 6 |
Countries ranked near North Macedonia
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 47.56 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 498,876 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.46 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5645 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 5,922 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.46 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 23.68 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gdp growth in North Macedonia?
- Gdp growth in North Macedonia was 3.5% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in North Macedonia?
- The highest recorded value was 6.5% in 2007.
- What is the lowest gdp growth recorded in North Macedonia?
- The lowest recorded value was -7.5% in 1993.
- How does North Macedonia rank for gdp growth?
- North Macedonia ranks 99th out of 213 countries with data for 2025.
- Is gdp growth rising or falling in North Macedonia?
- Over the last ten years it is down 9.6%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.