Gross capital formation (constant 2015 US$), per square kilometre in North Macedonia

North Macedonia: Gross capital formation (constant 2015 US$), per square kilometre was 122,241 constant 2015 US$ per square kilometre in 2023. ◆ Volatile

Latest (2023)
122,241 constant 2015 US$ per square kilometre
Change on year
down 15.9%
World rank
75th
of 160 countries
All-time high
148,695 constant 2015 US$ per square kilometre
in 2019
All-time low
26,339 constant 2015 US$ per square kilometre
in 1992
Years of data
32
1992–2023

Gross capital formation (constant 2015 US$), per square kilometre in North Macedonia, 1992–2023

25.0k50.0k75.0k100.0k125.0k150.0k1992200720231992: 26.3k constant 2015 US$ per square kilometre1993: 28.6k constant 2015 US$ per square kilometre1994: 27.5k constant 2015 US$ per square kilometre1995: 27.7k constant 2015 US$ per square kilometre1996: 29.1k constant 2015 US$ per square kilometre1997: 34.1k constant 2015 US$ per square kilometre1998: 34.9k constant 2015 US$ per square kilometre1999: 31.1k constant 2015 US$ per square kilometre2000: 46.8k constant 2015 US$ per square kilometre2001: 43.9k constant 2015 US$ per square kilometre2002: 51.9k constant 2015 US$ per square kilometre2003: 49.2k constant 2015 US$ per square kilometre2004: 58.4k constant 2015 US$ per square kilometre2005: 53.0k constant 2015 US$ per square kilometre2006: 58.1k constant 2015 US$ per square kilometre2007: 66.3k constant 2015 US$ per square kilometre2008: 81.1k constant 2015 US$ per square kilometre2009: 80.6k constant 2015 US$ per square kilometre2010: 77.5k constant 2015 US$ per square kilometre2011: 91.4k constant 2015 US$ per square kilometre2012: 100.8k constant 2015 US$ per square kilometre2013: 101.3k constant 2015 US$ per square kilometre2014: 112.1k constant 2015 US$ per square kilometre2015: 121.3k constant 2015 US$ per square kilometre2016: 136.5k constant 2015 US$ per square kilometre2017: 133.5k constant 2015 US$ per square kilometre2018: 135.8k constant 2015 US$ per square kilometre2019: 148.7k constant 2015 US$ per square kilometre2020: 126.2k constant 2015 US$ per square kilometre2021: 129.9k constant 2015 US$ per square kilometre2022: 145.3k constant 2015 US$ per square kilometre2023: 122.2k constant 2015 US$ per square kilometre

Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.

Analysis

The most recent figure for gross capital formation (constant 2015 us$), per square kilometre in North Macedonia is 122,241 constant 2015 US$ per square kilometre, measured in 2023.

The figure is down 15.9% on the previous year and up 20.7% over ten years.

Over the whole period, gross capital formation (constant 2015 us$), per square kilometre in North Macedonia peaked at 148,695 constant 2015 US$ per square kilometre in 2019 and was at its lowest, 26,339 constant 2015 US$ per square kilometre, in 1992.

North Macedonia ranks 75th of 160 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.

Gross capital formation (constant 2015 US$), per square kilometre in North Macedonia, year by year

Annual values for Gross capital formation (constant 2015 US$), per square kilometre in North Macedonia, 1992 to 2023.
Year constant 2015 US$ per square kilometre Change
1992 26,339 constant 2015 US$ per square kilometre
1993 28,645 constant 2015 US$ per square kilometre +8.8%
1994 27,476 constant 2015 US$ per square kilometre -4.1%
1995 27,664 constant 2015 US$ per square kilometre +0.7%
1996 29,058 constant 2015 US$ per square kilometre +5.0%
1997 34,110 constant 2015 US$ per square kilometre +17.4%
1998 34,904 constant 2015 US$ per square kilometre +2.3%
1999 31,128 constant 2015 US$ per square kilometre -10.8%
2000 46,822 constant 2015 US$ per square kilometre +50.4%
2001 43,943 constant 2015 US$ per square kilometre -6.1%
2002 51,860 constant 2015 US$ per square kilometre +18.0%
2003 49,239 constant 2015 US$ per square kilometre -5.1%
2004 58,422 constant 2015 US$ per square kilometre +18.7%
2005 53,032 constant 2015 US$ per square kilometre -9.2%
2006 58,063 constant 2015 US$ per square kilometre +9.5%
2007 66,262 constant 2015 US$ per square kilometre +14.1%
2008 81,061 constant 2015 US$ per square kilometre +22.3%
2009 80,613 constant 2015 US$ per square kilometre -0.6%
2010 77,546 constant 2015 US$ per square kilometre -3.8%
2011 91,448 constant 2015 US$ per square kilometre +17.9%
2012 100,759 constant 2015 US$ per square kilometre +10.2%
2013 101,255 constant 2015 US$ per square kilometre +0.5%
2014 112,063 constant 2015 US$ per square kilometre +10.7%
2015 121,331 constant 2015 US$ per square kilometre +8.3%
2016 136,535 constant 2015 US$ per square kilometre +12.5%
2017 133,525 constant 2015 US$ per square kilometre -2.2%
2018 135,759 constant 2015 US$ per square kilometre +1.7%
2019 148,695 constant 2015 US$ per square kilometre +9.5%
2020 126,230 constant 2015 US$ per square kilometre -15.1%
2021 129,914 constant 2015 US$ per square kilometre +2.9%
2022 145,346 constant 2015 US$ per square kilometre +11.9%
2023 122,241 constant 2015 US$ per square kilometre -15.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 29,916 constant 2015 US$ per square kilometre 26,339 constant 2015 US$ per square kilometre 34,904 constant 2015 US$ per square kilometre 8
2000s 58,932 constant 2015 US$ per square kilometre 43,943 constant 2015 US$ per square kilometre 81,061 constant 2015 US$ per square kilometre 10
2010s 115,892 constant 2015 US$ per square kilometre 77,546 constant 2015 US$ per square kilometre 148,695 constant 2015 US$ per square kilometre 10
2020s 130,933 constant 2015 US$ per square kilometre 122,241 constant 2015 US$ per square kilometre 145,346 constant 2015 US$ per square kilometre 4

Countries ranked near North Macedonia

  1. 72 Guatemala 126,957 constant 2015 US$ per square kilometre compare
  2. 73 Bulgaria 124,873 constant 2015 US$ per square kilometre compare
  3. 74 Iran, Islamic Republic of 123,672 constant 2015 US$ per square kilometre compare
  4. 76 Saudi Arabia 119,989 constant 2015 US$ per square kilometre compare
  5. 77 Bosnia and Herzegovina 116,804 constant 2015 US$ per square kilometre compare
  6. 78 Montenegro 111,962 constant 2015 US$ per square kilometre compare

See the full ranking of 200 places →

More economy & growth data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is gross capital formation (constant 2015 us$), per square kilometre in North Macedonia?
Gross capital formation (constant 2015 us$), per square kilometre in North Macedonia was 122,241 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (constant 2015 us$), per square kilometre recorded in North Macedonia?
The highest recorded value was 148,695 constant 2015 US$ per square kilometre in 2019.
What is the lowest gross capital formation (constant 2015 us$), per square kilometre recorded in North Macedonia?
The lowest recorded value was 26,339 constant 2015 US$ per square kilometre in 1992.
How does North Macedonia rank for gross capital formation (constant 2015 us$), per square kilometre?
North Macedonia ranks 75th out of 160 countries with data for 2023.
Is gross capital formation (constant 2015 us$), per square kilometre rising or falling in North Macedonia?
Over the last ten years it is up 20.7%. The long-run trend across the full record is volatile.
Where does this North Macedonia data come from?
The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.

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Gross capital formation (constant 2015 US$), per square kilometre in North Macedonia. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-constant-2015-us-per-square-kilometre/north-macedonia/

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<a href="https://economy.statizoid.com/stat/gross-capital-formation-constant-2015-us-per-square-kilometre/north-macedonia/">Gross capital formation (constant 2015 US$), per square kilometre in North Macedonia</a> — Statizoid

How this figure is calculated

Gross capital formation (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross capital formation (constant 2015 US$) ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross capital formation (constant 2015 US$), per square kilometre
Unit
constant 2015 US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
200 places, 7,878 data points, 1961–2023
Last refreshed

Gross capital formation (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.