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
Gross capital formation (constant 2015 US$), per square kilometre in North Macedonia, 1992–2023
Source: Statizoid (derived). Measured in constant 2015 US$ 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$), per square kilometre in North Macedonia, year by year
| Year | constant 2015 US$ 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
| Decade | Average | Lowest | Highest | 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
- 72 Guatemala 126,957 constant 2015 US$ per square kilometre compare
- 73 Bulgaria 124,873 constant 2015 US$ per square kilometre compare
- 74 Iran, Islamic Republic of 123,672 constant 2015 US$ per square kilometre compare
- 76 Saudi Arabia 119,989 constant 2015 US$ per square kilometre compare
- 77 Bosnia and Herzegovina 116,804 constant 2015 US$ per square kilometre compare
- 78 Montenegro 111,962 constant 2015 US$ per square kilometre 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 (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)
- Gross capital formation (constant 2015 US$), per capita 2,013 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 10.79 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.7339 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 7,699 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 6.46 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 40.11 current LCU per US$ of GDP (2025)
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$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant 2015 US$) 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$) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant 2015 US$) 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.