GERD by sector of performance and socioeconomic objectives in North Macedonia
North Macedonia: GERD by sector of performance and socioeconomic objectives was 53.94 Million euro in 2023. ▲ Rising
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 50th out of 52 countries with data for 2023, putting it in the bottom quarter.
GERD by sector of performance and socioeconomic objectives 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 Cyprus 224.9 Million euro compare
- 49 Malta 125.71 Million euro compare
- 51 Bosnia and Herzegovina 38.1 Million euro compare
- 52 Montenegro 22.51 Million euro 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)
- Gross capital formation (current US$), annual growth rate 16.83 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.3172 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 3,328 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 12.26 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 17.34 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 181,859 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 7.99 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1919 constant 2015 US$ per US$ of GDP (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 50th out of 52 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.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (Eurostat).