Gross capital formation (constant 2015 US$), per unit of GDP in North Macedonia

North Macedonia: Gross capital formation (constant 2015 US$), per unit of GDP was 0.1919 constant 2015 US$ per US$ of GDP in 2025. ▲ Rising

Latest (2025)
0.1919 constant 2015 US$ per US$ of GDP
Change on year
down 4.2%
World rank
74th
of 163 countries
All-time high
0.3282 constant 2015 US$ per US$ of GDP
in 2002
All-time low
0.1495 constant 2015 US$ per US$ of GDP
in 1995
Years of data
36
1990–2025

Gross capital formation (constant 2015 US$), per unit of GDP in North Macedonia, 1990–2025

00.10.20.31990200720251990: 0.212 constant 2015 US$ per US$ of GDP1991: 0.171 constant 2015 US$ per US$ of GDP1992: 0.275 constant 2015 US$ per US$ of GDP1993: 0.272 constant 2015 US$ per US$ of GDP1994: 0.196 constant 2015 US$ per US$ of GDP1995: 0.149 constant 2015 US$ per US$ of GDP1996: 0.159 constant 2015 US$ per US$ of GDP1997: 0.222 constant 2015 US$ per US$ of GDP1998: 0.236 constant 2015 US$ per US$ of GDP1999: 0.205 constant 2015 US$ per US$ of GDP2000: 0.316 constant 2015 US$ per US$ of GDP2001: 0.301 constant 2015 US$ per US$ of GDP2002: 0.328 constant 2015 US$ per US$ of GDP2003: 0.253 constant 2015 US$ per US$ of GDP2004: 0.261 constant 2015 US$ per US$ of GDP2005: 0.215 constant 2015 US$ per US$ of GDP2006: 0.215 constant 2015 US$ per US$ of GDP2007: 0.201 constant 2015 US$ per US$ of GDP2008: 0.206 constant 2015 US$ per US$ of GDP2009: 0.216 constant 2015 US$ per US$ of GDP2010: 0.208 constant 2015 US$ per US$ of GDP2011: 0.22 constant 2015 US$ per US$ of GDP2012: 0.261 constant 2015 US$ per US$ of GDP2013: 0.236 constant 2015 US$ per US$ of GDP2014: 0.249 constant 2015 US$ per US$ of GDP2015: 0.304 constant 2015 US$ per US$ of GDP2016: 0.323 constant 2015 US$ per US$ of GDP2017: 0.298 constant 2015 US$ per US$ of GDP2018: 0.27 constant 2015 US$ per US$ of GDP2019: 0.297 constant 2015 US$ per US$ of GDP2020: 0.258 constant 2015 US$ per US$ of GDP2021: 0.234 constant 2015 US$ per US$ of GDP2022: 0.263 constant 2015 US$ per US$ of GDP2023: 0.194 constant 2015 US$ per US$ of GDP2024: 0.2 constant 2015 US$ per US$ of GDP2025: 0.192 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

In 2025, gross capital formation (constant 2015 us$), per unit of gdp in North Macedonia stood at 0.1919 constant 2015 US$ per US$ of GDP.

Compared with earlier readings it is down 4.2% on the previous year and down 36.9% over ten years.

Over the whole period, gross capital formation (constant 2015 us$), per unit of gdp in North Macedonia peaked at 0.3282 constant 2015 US$ per US$ of GDP in 2002 and was at its lowest, 0.1495 constant 2015 US$ per US$ of GDP, in 1995.

North Macedonia ranks 74th of 163 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 36 years of available data.

Gross capital formation (constant 2015 US$), per unit of GDP in North Macedonia, year by year

Annual values for Gross capital formation (constant 2015 US$), per unit of GDP in North Macedonia, 1990 to 2025.
Year constant 2015 US$ per US$ of GDP Change
1990 0.2119 constant 2015 US$ per US$ of GDP
1991 0.1712 constant 2015 US$ per US$ of GDP -19.2%
1992 0.2749 constant 2015 US$ per US$ of GDP +60.6%
1993 0.2716 constant 2015 US$ per US$ of GDP -1.2%
1994 0.1963 constant 2015 US$ per US$ of GDP -27.7%
1995 0.1495 constant 2015 US$ per US$ of GDP -23.9%
1996 0.1592 constant 2015 US$ per US$ of GDP +6.5%
1997 0.2217 constant 2015 US$ per US$ of GDP +39.3%
1998 0.2357 constant 2015 US$ per US$ of GDP +6.3%
1999 0.2049 constant 2015 US$ per US$ of GDP -13.1%
2000 0.3156 constant 2015 US$ per US$ of GDP +54.0%
2001 0.3012 constant 2015 US$ per US$ of GDP -4.5%
2002 0.3282 constant 2015 US$ per US$ of GDP +8.9%
2003 0.2531 constant 2015 US$ per US$ of GDP -22.9%
2004 0.2614 constant 2015 US$ per US$ of GDP +3.3%
2005 0.2155 constant 2015 US$ per US$ of GDP -17.6%
2006 0.2152 constant 2015 US$ per US$ of GDP -0.1%
2007 0.2005 constant 2015 US$ per US$ of GDP -6.8%
2008 0.2064 constant 2015 US$ per US$ of GDP +2.9%
2009 0.2162 constant 2015 US$ per US$ of GDP +4.8%
2010 0.2079 constant 2015 US$ per US$ of GDP -3.9%
2011 0.2198 constant 2015 US$ per US$ of GDP +5.7%
2012 0.2608 constant 2015 US$ per US$ of GDP +18.7%
2013 0.2361 constant 2015 US$ per US$ of GDP -9.5%
2014 0.2487 constant 2015 US$ per US$ of GDP +5.4%
2015 0.304 constant 2015 US$ per US$ of GDP +22.2%
2016 0.3226 constant 2015 US$ per US$ of GDP +6.1%
2017 0.2978 constant 2015 US$ per US$ of GDP -7.7%
2018 0.27 constant 2015 US$ per US$ of GDP -9.4%
2019 0.2975 constant 2015 US$ per US$ of GDP +10.2%
2020 0.2575 constant 2015 US$ per US$ of GDP -13.4%
2021 0.234 constant 2015 US$ per US$ of GDP -9.1%
2022 0.2631 constant 2015 US$ per US$ of GDP +12.4%
2023 0.1944 constant 2015 US$ per US$ of GDP -26.1%
2024 0.2003 constant 2015 US$ per US$ of GDP +3.0%
2025 0.1919 constant 2015 US$ per US$ of GDP -4.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2097 constant 2015 US$ per US$ of GDP 0.1495 constant 2015 US$ per US$ of GDP 0.2749 constant 2015 US$ per US$ of GDP 10
2000s 0.2513 constant 2015 US$ per US$ of GDP 0.2005 constant 2015 US$ per US$ of GDP 0.3282 constant 2015 US$ per US$ of GDP 10
2010s 0.2665 constant 2015 US$ per US$ of GDP 0.2079 constant 2015 US$ per US$ of GDP 0.3226 constant 2015 US$ per US$ of GDP 10
2020s 0.2236 constant 2015 US$ per US$ of GDP 0.1919 constant 2015 US$ per US$ of GDP 0.2631 constant 2015 US$ per US$ of GDP 6

Countries ranked near North Macedonia

  1. 71 Norway 0.1955 constant 2015 US$ per US$ of GDP compare
  2. 72 Mali 0.193 constant 2015 US$ per US$ of GDP compare
  3. 73 New Zealand 0.1924 constant 2015 US$ per US$ of GDP compare
  4. 75 Belarus 0.1913 constant 2015 US$ per US$ of GDP compare
  5. 76 Burkina Faso 0.1895 constant 2015 US$ per US$ of GDP compare
  6. 77 Ecuador 0.1888 constant 2015 US$ per US$ of GDP compare

See the full ranking of 203 places →

More economy & growth data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is gross capital formation (constant 2015 us$), per unit of gdp in North Macedonia?
Gross capital formation (constant 2015 us$), per unit of gdp in North Macedonia was 0.1919 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest gross capital formation (constant 2015 us$), per unit of gdp recorded in North Macedonia?
The highest recorded value was 0.3282 constant 2015 US$ per US$ of GDP in 2002.
What is the lowest gross capital formation (constant 2015 us$), per unit of gdp recorded in North Macedonia?
The lowest recorded value was 0.1495 constant 2015 US$ per US$ of GDP in 1995.
How does North Macedonia rank for gross capital formation (constant 2015 us$), per unit of gdp?
North Macedonia ranks 74th out of 163 countries with data for 2025.
Is gross capital formation (constant 2015 us$), per unit of gdp rising or falling in North Macedonia?
Over the last ten years it is down 36.9%. The long-run trend across the full record is rising.
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 unit of GDP. Statizoid updates them automatically from the source API.

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Gross capital formation (constant 2015 US$), per unit of GDP 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-unit-of-gdp/north-macedonia/

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How this figure is calculated

Gross capital formation (constant 2015 US$) divided by GDP (current US$), 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$) ÷ GDP (current US$)

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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$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
203 places, 8,385 data points, 1960–2025
Last refreshed

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