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
In 2023, gerd by sector of performance and socioeconomic objectives in North Macedonia stood at 53.94 Million euro. That is the highest value across all 8 years on record.
Compared with earlier readings it 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.
That places North Macedonia 51st out of 54 countries with data for 2023, putting it 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% |
North Macedonia compared with similar countries
- North Macedonia's 53.94 Million euro is below the median for Europe & Central Asia, which is 5,020 Million euro, 1% of the median. (35 countries reporting)
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
- 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 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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