Gross domestic product (GDP) in North Macedonia
North Macedonia: Gross domestic product (GDP) was 28.77 billion international-$ in 2011 prices in 2022. ▲ Rising
Latest (2022)
28.77 billion international-$ in 2011 prices
Change on year
up 2.1%
World rank
131st
of 166 countries
All-time high
28.77 billion international-$ in 2011 prices
in 2022
All-time low
2.73 billion international-$ in 2011 prices
in 1952
Years of data
71
1952–2022
Gross domestic product (GDP) in North Macedonia, 1952–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
North Macedonia recorded 28.77 billion international-$ in 2011 prices for gross domestic product (gdp) in 2022. That is the highest value across all 71 years on record.
Compared with earlier readings it is up 2.1% on the previous year and up 24.6% over ten years.
Over the whole period, gross domestic product (gdp) in North Macedonia peaked at 28.77 billion international-$ in 2011 prices in 2022 and was at its lowest, 2.73 billion international-$ in 2011 prices, in 1952.
That places North Macedonia 131st out of 166 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 71 years of available data.
Gross domestic product (GDP) in North Macedonia, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1952 | 2.73 billion international-$ in 2011 prices | — |
| 1953 | 2.91 billion international-$ in 2011 prices | +6.5% |
| 1954 | 3.03 billion international-$ in 2011 prices | +4.2% |
| 1955 | 3.71 billion international-$ in 2011 prices | +22.2% |
| 1956 | 3.75 billion international-$ in 2011 prices | +1.2% |
| 1957 | 4.12 billion international-$ in 2011 prices | +9.8% |
| 1958 | 4.44 billion international-$ in 2011 prices | +7.8% |
| 1959 | 4.58 billion international-$ in 2011 prices | +3.1% |
| 1960 | 4.90 billion international-$ in 2011 prices | +7.1% |
| 1961 | 5.02 billion international-$ in 2011 prices | +2.5% |
| 1962 | 5.14 billion international-$ in 2011 prices | +2.3% |
| 1963 | 6.06 billion international-$ in 2011 prices | +18.0% |
| 1964 | 7.87 billion international-$ in 2011 prices | +29.9% |
| 1965 | 7.25 billion international-$ in 2011 prices | -7.9% |
| 1966 | 7.91 billion international-$ in 2011 prices | +9.1% |
| 1967 | 8.29 billion international-$ in 2011 prices | +4.9% |
| 1968 | 8.59 billion international-$ in 2011 prices | +3.6% |
| 1969 | 9.52 billion international-$ in 2011 prices | +10.8% |
| 1970 | 10.30 billion international-$ in 2011 prices | +8.2% |
| 1971 | 10.99 billion international-$ in 2011 prices | +6.6% |
| 1972 | 11.53 billion international-$ in 2011 prices | +4.9% |
| 1973 | 12.25 billion international-$ in 2011 prices | +6.2% |
| 1974 | 12.97 billion international-$ in 2011 prices | +5.9% |
| 1975 | 13.58 billion international-$ in 2011 prices | +4.7% |
| 1976 | 14.20 billion international-$ in 2011 prices | +4.5% |
| 1977 | 15.10 billion international-$ in 2011 prices | +6.4% |
| 1978 | 16.32 billion international-$ in 2011 prices | +8.1% |
| 1979 | 17.49 billion international-$ in 2011 prices | +7.2% |
| 1980 | 17.74 billion international-$ in 2011 prices | +1.4% |
| 1981 | 17.97 billion international-$ in 2011 prices | +1.3% |
| 1982 | 18.20 billion international-$ in 2011 prices | +1.3% |
| 1983 | 17.82 billion international-$ in 2011 prices | -2.1% |
| 1984 | 18.39 billion international-$ in 2011 prices | +3.2% |
| 1985 | 18.25 billion international-$ in 2011 prices | -0.7% |
| 1986 | 19.53 billion international-$ in 2011 prices | +7.0% |
| 1987 | 19.28 billion international-$ in 2011 prices | -1.3% |
| 1988 | 18.65 billion international-$ in 2011 prices | -3.2% |
| 1989 | 19.01 billion international-$ in 2011 prices | +1.9% |
| 1990 | 17.07 billion international-$ in 2011 prices | -10.2% |
| 1991 | 16.09 billion international-$ in 2011 prices | -5.8% |
| 1992 | 15.10 billion international-$ in 2011 prices | -6.2% |
| 1993 | 14.03 billion international-$ in 2011 prices | -7.1% |
| 1994 | 13.84 billion international-$ in 2011 prices | -1.3% |
| 1995 | 13.75 billion international-$ in 2011 prices | -0.6% |
| 1996 | 13.99 billion international-$ in 2011 prices | +1.7% |
| 1997 | 14.25 billion international-$ in 2011 prices | +1.9% |
| 1998 | 14.79 billion international-$ in 2011 prices | +3.8% |
| 1999 | 15.51 billion international-$ in 2011 prices | +4.9% |
| 2000 | 16.31 billion international-$ in 2011 prices | +5.2% |
| 2001 | 15.87 billion international-$ in 2011 prices | -2.7% |
| 2002 | 16.02 billion international-$ in 2011 prices | +0.9% |
| 2003 | 16.47 billion international-$ in 2011 prices | +2.8% |
| 2004 | 17.32 billion international-$ in 2011 prices | +5.2% |
| 2005 | 18.22 billion international-$ in 2011 prices | +5.2% |
| 2006 | 19.23 billion international-$ in 2011 prices | +5.5% |
| 2007 | 20.55 billion international-$ in 2011 prices | +6.9% |
| 2008 | 21.75 billion international-$ in 2011 prices | +5.9% |
| 2009 | 21.76 billion international-$ in 2011 prices | +0.0% |
| 2010 | 22.58 billion international-$ in 2011 prices | +3.8% |
| 2011 | 23.20 billion international-$ in 2011 prices | +2.7% |
| 2012 | 23.10 billion international-$ in 2011 prices | -0.5% |
| 2013 | 23.77 billion international-$ in 2011 prices | +2.9% |
| 2014 | 24.63 billion international-$ in 2011 prices | +3.6% |
| 2015 | 25.58 billion international-$ in 2011 prices | +3.9% |
| 2016 | 26.31 billion international-$ in 2011 prices | +2.8% |
| 2017 | 26.60 billion international-$ in 2011 prices | +1.1% |
| 2018 | 27.36 billion international-$ in 2011 prices | +2.9% |
| 2019 | 28.43 billion international-$ in 2011 prices | +3.9% |
| 2020 | 27.10 billion international-$ in 2011 prices | -4.7% |
| 2021 | 28.17 billion international-$ in 2011 prices | +3.9% |
| 2022 | 28.77 billion international-$ in 2011 prices | +2.1% |
North Macedonia compared with similar countries
- North Macedonia's 28.77 billion international-$ in 2011 prices is below the median for upper middle income countries, which is 146.22 billion international-$ in 2011 prices, 20% of the median. (47 countries reporting)
- North Macedonia's 28.77 billion international-$ in 2011 prices is below the median for Europe & Central Asia, which is 245.02 billion international-$ in 2011 prices, 12% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) 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 |
|---|---|---|---|
| 1964 | +29.9% | 6.06 billion international-$ in 2011 prices | 7.87 billion international-$ in 2011 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 3.66 billion international-$ in 2011 prices | 2.73 billion international-$ in 2011 prices | 4.58 billion international-$ in 2011 prices | 8 |
| 1960s | 7.06 billion international-$ in 2011 prices | 4.90 billion international-$ in 2011 prices | 9.52 billion international-$ in 2011 prices | 10 |
| 1970s | 13.47 billion international-$ in 2011 prices | 10.30 billion international-$ in 2011 prices | 17.49 billion international-$ in 2011 prices | 10 |
| 1980s | 18.48 billion international-$ in 2011 prices | 17.74 billion international-$ in 2011 prices | 19.53 billion international-$ in 2011 prices | 10 |
| 1990s | 14.84 billion international-$ in 2011 prices | 13.75 billion international-$ in 2011 prices | 17.07 billion international-$ in 2011 prices | 10 |
| 2000s | 18.35 billion international-$ in 2011 prices | 15.87 billion international-$ in 2011 prices | 21.76 billion international-$ in 2011 prices | 10 |
| 2010s | 25.16 billion international-$ in 2011 prices | 22.58 billion international-$ in 2011 prices | 28.43 billion international-$ in 2011 prices | 10 |
| 2020s | 28.01 billion international-$ in 2011 prices | 27.10 billion international-$ in 2011 prices | 28.77 billion international-$ in 2011 prices | 3 |
Countries ranked near North Macedonia
- 128 Kyrgyzstan 31.70 billion international-$ in 2011 prices compare
- 129 Mozambique 31.44 billion international-$ in 2011 prices compare
- 130 Mali 30.55 billion international-$ in 2011 prices compare
- 132 Rwanda 28.47 billion international-$ in 2011 prices compare
- 133 Mauritius 26.99 billion international-$ in 2011 prices compare
- 134 Malawi 26.47 billion international-$ in 2011 prices 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$), annual growth rate 10.51 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in North Macedonia?
- Gross domestic product (gdp) in North Macedonia was 28.77 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in North Macedonia?
- The highest recorded value was 28.77 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in North Macedonia?
- The lowest recorded value was 2.73 billion international-$ in 2011 prices in 1952.
- How does North Macedonia rank for gross domestic product (gdp)?
- North Macedonia ranks 131st out of 166 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in North Macedonia?
- Over the last ten years it is up 24.6%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.