Gross capital formation (constant LCU), per unit of GDP in North Macedonia
North Macedonia: Gross capital formation (constant LCU), per unit of GDP was 8.71 constant LCU per US$ of GDP in 2025. ▲ Rising
Gross capital formation (constant LCU), per unit of GDP in North Macedonia, 1990–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2025, gross capital formation (constant lcu), per unit of gdp in North Macedonia stood at 8.71 constant LCU per US$ of GDP.
That represents a change of down 4.2% on the previous year and down 36.9% over ten years.
Over the whole period, gross capital formation (constant lcu), per unit of gdp in North Macedonia peaked at 14.9 constant LCU per US$ of GDP in 2002 and was at its lowest, 6.78 constant LCU per US$ of GDP, in 1995.
That places North Macedonia 62nd out of 170 countries with data for 2025, putting it 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 LCU), per unit of GDP in North Macedonia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 9.62 constant LCU per US$ of GDP | — |
| 1991 | 7.77 constant LCU per US$ of GDP | -19.2% |
| 1992 | 12.48 constant LCU per US$ of GDP | +60.6% |
| 1993 | 12.33 constant LCU per US$ of GDP | -1.2% |
| 1994 | 8.91 constant LCU per US$ of GDP | -27.7% |
| 1995 | 6.78 constant LCU per US$ of GDP | -23.9% |
| 1996 | 7.23 constant LCU per US$ of GDP | +6.5% |
| 1997 | 10.06 constant LCU per US$ of GDP | +39.3% |
| 1998 | 10.7 constant LCU per US$ of GDP | +6.3% |
| 1999 | 9.3 constant LCU per US$ of GDP | -13.1% |
| 2000 | 14.32 constant LCU per US$ of GDP | +54.0% |
| 2001 | 13.67 constant LCU per US$ of GDP | -4.5% |
| 2002 | 14.9 constant LCU per US$ of GDP | +8.9% |
| 2003 | 11.49 constant LCU per US$ of GDP | -22.9% |
| 2004 | 11.87 constant LCU per US$ of GDP | +3.3% |
| 2005 | 9.78 constant LCU per US$ of GDP | -17.6% |
| 2006 | 9.77 constant LCU per US$ of GDP | -0.1% |
| 2007 | 9.1 constant LCU per US$ of GDP | -6.8% |
| 2008 | 9.37 constant LCU per US$ of GDP | +2.9% |
| 2009 | 9.82 constant LCU per US$ of GDP | +4.8% |
| 2010 | 9.44 constant LCU per US$ of GDP | -3.9% |
| 2011 | 9.97 constant LCU per US$ of GDP | +5.7% |
| 2012 | 11.84 constant LCU per US$ of GDP | +18.7% |
| 2013 | 10.71 constant LCU per US$ of GDP | -9.5% |
| 2014 | 11.29 constant LCU per US$ of GDP | +5.4% |
| 2015 | 13.8 constant LCU per US$ of GDP | +22.2% |
| 2016 | 14.64 constant LCU per US$ of GDP | +6.1% |
| 2017 | 13.52 constant LCU per US$ of GDP | -7.7% |
| 2018 | 12.25 constant LCU per US$ of GDP | -9.4% |
| 2019 | 13.5 constant LCU per US$ of GDP | +10.2% |
| 2020 | 11.69 constant LCU per US$ of GDP | -13.4% |
| 2021 | 10.62 constant LCU per US$ of GDP | -9.1% |
| 2022 | 11.94 constant LCU per US$ of GDP | +12.4% |
| 2023 | 8.83 constant LCU per US$ of GDP | -26.1% |
| 2024 | 9.09 constant LCU per US$ of GDP | +3.0% |
| 2025 | 8.71 constant LCU per US$ of GDP | -4.2% |
North Macedonia compared with similar countries
- North Macedonia's 8.71 constant LCU per US$ of GDP is above the median for upper middle income countries, which is 3.07 constant LCU per US$ of GDP, 2.8× the median. (47 countries reporting)
- North Macedonia's 8.71 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.1754 constant LCU per US$ of GDP, 49.7× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.52 constant LCU per US$ of GDP | 6.78 constant LCU per US$ of GDP | 12.48 constant LCU per US$ of GDP | 10 |
| 2000s | 11.41 constant LCU per US$ of GDP | 9.1 constant LCU per US$ of GDP | 14.9 constant LCU per US$ of GDP | 10 |
| 2010s | 12.1 constant LCU per US$ of GDP | 9.44 constant LCU per US$ of GDP | 14.64 constant LCU per US$ of GDP | 10 |
| 2020s | 10.15 constant LCU per US$ of GDP | 8.71 constant LCU per US$ of GDP | 11.94 constant LCU per US$ of GDP | 6 |
Countries ranked near North Macedonia
- 59 Dominican Republic 10.94 constant LCU per US$ of GDP compare
- 60 Afghanistan 10.74 constant LCU per US$ of GDP compare
- 61 Philippines 10.65 constant LCU per US$ of GDP compare
- 63 Ethiopia 6.91 constant LCU per US$ of GDP compare
- 64 Mauritius 6.17 constant LCU per US$ of GDP compare
- 65 Lebanon 4.74 constant LCU per US$ of GDP 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$), annual growth rate 10.51 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation (constant lcu), per unit of gdp in North Macedonia?
- Gross capital formation (constant lcu), per unit of gdp in North Macedonia was 8.71 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per unit of gdp recorded in North Macedonia?
- The highest recorded value was 14.9 constant LCU per US$ of GDP in 2002.
- What is the lowest gross capital formation (constant lcu), per unit of gdp recorded in North Macedonia?
- The lowest recorded value was 6.78 constant LCU per US$ of GDP in 1995.
- How does North Macedonia rank for gross capital formation (constant lcu), per unit of gdp?
- North Macedonia ranks 62nd out of 170 countries with data for 2025.
- Is gross capital formation (constant lcu), 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.