Gross capital formation (constant LCU), per square kilometre in North Macedonia
North Macedonia: Gross capital formation (constant LCU), per square kilometre was 5.55 million constant LCU per square kilometre in 2023. ◆ Volatile
Gross capital formation (constant LCU), per square kilometre in North Macedonia, 1992–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
North Macedonia recorded 5.55 million constant LCU per square kilometre for gross capital formation (constant lcu), per square kilometre in 2023.
Compared with earlier readings it is down 15.9% on the previous year and up 20.7% over ten years.
Over the whole period, gross capital formation (constant lcu), per square kilometre in North Macedonia peaked at 6.75 million constant LCU per square kilometre in 2019 and was at its lowest, 1.20 million constant LCU per square kilometre, in 1992.
That places North Macedonia 57th out of 166 countries with data for 2023, putting it 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 LCU), per square kilometre in North Macedonia, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1992 | 1.20 million constant LCU per square kilometre | — |
| 1993 | 1.30 million constant LCU per square kilometre | +8.8% |
| 1994 | 1.25 million constant LCU per square kilometre | -4.1% |
| 1995 | 1.26 million constant LCU per square kilometre | +0.7% |
| 1996 | 1.32 million constant LCU per square kilometre | +5.0% |
| 1997 | 1.55 million constant LCU per square kilometre | +17.4% |
| 1998 | 1.58 million constant LCU per square kilometre | +2.3% |
| 1999 | 1.41 million constant LCU per square kilometre | -10.8% |
| 2000 | 2.13 million constant LCU per square kilometre | +50.4% |
| 2001 | 1.99 million constant LCU per square kilometre | -6.1% |
| 2002 | 2.35 million constant LCU per square kilometre | +18.0% |
| 2003 | 2.23 million constant LCU per square kilometre | -5.1% |
| 2004 | 2.65 million constant LCU per square kilometre | +18.7% |
| 2005 | 2.41 million constant LCU per square kilometre | -9.2% |
| 2006 | 2.64 million constant LCU per square kilometre | +9.5% |
| 2007 | 3.01 million constant LCU per square kilometre | +14.1% |
| 2008 | 3.68 million constant LCU per square kilometre | +22.3% |
| 2009 | 3.66 million constant LCU per square kilometre | -0.6% |
| 2010 | 3.52 million constant LCU per square kilometre | -3.8% |
| 2011 | 4.15 million constant LCU per square kilometre | +17.9% |
| 2012 | 4.57 million constant LCU per square kilometre | +10.2% |
| 2013 | 4.60 million constant LCU per square kilometre | +0.5% |
| 2014 | 5.09 million constant LCU per square kilometre | +10.7% |
| 2015 | 5.51 million constant LCU per square kilometre | +8.3% |
| 2016 | 6.20 million constant LCU per square kilometre | +12.5% |
| 2017 | 6.06 million constant LCU per square kilometre | -2.2% |
| 2018 | 6.16 million constant LCU per square kilometre | +1.7% |
| 2019 | 6.75 million constant LCU per square kilometre | +9.5% |
| 2020 | 5.73 million constant LCU per square kilometre | -15.1% |
| 2021 | 5.90 million constant LCU per square kilometre | +2.9% |
| 2022 | 6.60 million constant LCU per square kilometre | +11.9% |
| 2023 | 5.55 million constant LCU per square kilometre | -15.9% |
North Macedonia compared with similar countries
- North Macedonia's 5.55 million constant LCU per square kilometre is above the median for upper middle income countries, which is 1.62 million constant LCU per square kilometre, 3.4× the median. (46 countries reporting)
- North Macedonia's 5.55 million constant LCU per square kilometre is above the median for Europe & Central Asia, which is 1.31 million constant LCU per square kilometre, 4.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.36 million constant LCU per square kilometre | 1.20 million constant LCU per square kilometre | 1.58 million constant LCU per square kilometre | 8 |
| 2000s | 2.67 million constant LCU per square kilometre | 1.99 million constant LCU per square kilometre | 3.68 million constant LCU per square kilometre | 10 |
| 2010s | 5.26 million constant LCU per square kilometre | 3.52 million constant LCU per square kilometre | 6.75 million constant LCU per square kilometre | 10 |
| 2020s | 5.94 million constant LCU per square kilometre | 5.55 million constant LCU per square kilometre | 6.60 million constant LCU per square kilometre | 4 |
Countries ranked near North Macedonia
- 54 Pakistan 6.33 million constant LCU per square kilometre compare
- 55 Switzerland 5.84 million constant LCU per square kilometre compare
- 56 Bahrain 5.74 million constant LCU per square kilometre compare
- 58 Netherlands 5.47 million constant LCU per square kilometre compare
- 59 China 5.19 million constant LCU per square kilometre compare
- 60 Guinea-Bissau 4.87 million constant LCU 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 400.07 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0209 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 219.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 675.78 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -36.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0354 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 371.12 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 10.51 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation (constant lcu), per square kilometre in North Macedonia?
- Gross capital formation (constant lcu), per square kilometre in North Macedonia was 5.55 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per square kilometre recorded in North Macedonia?
- The highest recorded value was 6.75 million constant LCU per square kilometre in 2019.
- What is the lowest gross capital formation (constant lcu), per square kilometre recorded in North Macedonia?
- The lowest recorded value was 1.20 million constant LCU per square kilometre in 1992.
- How does North Macedonia rank for gross capital formation (constant lcu), per square kilometre?
- North Macedonia ranks 57th out of 166 countries with data for 2023.
- Is gross capital formation (constant lcu), 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 LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (constant LCU) 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 LCU) ÷ 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 LCU) 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.