GERD by sector of performance and socioeconomic objectives (NABS 2007) in North Macedonia
North Macedonia: GERD by sector of performance and socioeconomic objectives (NABS 2007) was 53.94 Million euro in 2023. ▲ Rising
Latest (2023)
53.94 Million euro
Change on year
up 9.0%
World rank
51st
of 54 countries
All-time high
53.94 Million euro
in 2023
All-time low
35.58 Million euro
in 2017
Years of data
8
2015–2023
GERD by sector of performance and socioeconomic objectives in North Macedonia, 2015–2023
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for gerd by sector of performance and socioeconomic objectives in North Macedonia is 53.94 Million euro, measured in 2023. That is the highest value across all 8 years on record.
The figure is up 9.0% on the previous year and up 33.9% over ten years.
Over the whole period, gerd by sector of performance and socioeconomic objectives in North Macedonia peaked at 53.94 Million euro in 2023 and was at its lowest, 35.58 Million euro, in 2017.
North Macedonia ranks 51st of 54 countries on this measure, in the bottom quarter.
GERD by sector of performance and socioeconomic objectives (NABS 2007) in North Macedonia, year by year
| Year | Million euro | Change |
|---|---|---|
| 2015 | 40.29 Million euro | — |
| 2016 | 42.09 Million euro | +4.5% |
| 2017 | 35.58 Million euro | -15.5% |
| 2018 | 39.07 Million euro | +9.8% |
| 2019 | 41.42 Million euro | +6.0% |
| 2020 | 40.44 Million euro | -2.4% |
| 2022 | 49.49 Million euro | +22.4% |
| 2023 | 53.94 Million euro | +9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 39.69 Million euro | 35.58 Million euro | 42.09 Million euro | 5 |
| 2020s | 47.96 Million euro | 40.44 Million euro | 53.94 Million euro | 3 |
Countries ranked near North Macedonia
- 48 Latvia 372.64 Million euro compare
- 49 Cyprus 221.87 Million euro compare
- 50 Malta 140.18 Million euro compare
- 51 North Macedonia 53.94 Million euro compare
- 53 Bosnia and Herzegovina 38.1 Million euro compare
- 54 Montenegro 22.51 Million euro compare
More economy & growth data for North Macedonia
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 112.5 Index, 2020=100 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 2 region 15,672 Million euro (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 15,672 Million euro (2024)
- Average annual population to calculate regional GDP data (thousand) 1,824 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 13,540 Current prices, million euro (2024)
- Income quintile share ratio S80/S20 by NUTS 2 region 5.2 Index (2024)
- Gross domestic product (GDP) and main components (output, expenditure) 116.02 Chain linked volumes, index 2020=100 (2026)
- Gross domestic product (GDP) and main components per capita 2,660 Current prices, euro per capita (2025)
- Economic sentiment and confidence indicators by sector - monthly data -7.2 (2026)
- Construction producer prices or costs, new residential buildings 129.7 Index, 2021=100 (2026)
Frequently asked questions
- What is gerd by sector of performance and socioeconomic objectives in North Macedonia?
- Gerd by sector of performance and socioeconomic objectives in North Macedonia was 53.94 Million euro in 2023, according to Eurostat.
- What is the highest gerd by sector of performance and socioeconomic objectives recorded in North Macedonia?
- The highest recorded value was 53.94 Million euro in 2023.
- What is the lowest gerd by sector of performance and socioeconomic objectives recorded in North Macedonia?
- The lowest recorded value was 35.58 Million euro in 2017.
- How does North Macedonia rank for gerd by sector of performance and socioeconomic objectives?
- North Macedonia ranks 51st out of 54 countries with data for 2023.
- Is gerd by sector of performance and socioeconomic objectives rising or falling in North Macedonia?
- Over the last ten years it is up 33.9%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Eurostat, published as part of GERD by sector of performance and socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.
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