Gross capital formation (current LCU) in North Macedonia
North Macedonia: Gross capital formation (current LCU) was 331.15 billion current LCU in 2025. ◆ Volatile
Gross capital formation in North Macedonia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross capital formation in North Macedonia is 331.15 billion current LCU, measured in 2025. That is the highest value across all 36 years on record.
The figure is up 12.3% on the previous year and up 94.9% over ten years.
Over the whole period, gross capital formation in North Macedonia peaked at 331.15 billion current LCU in 2025 and was at its lowest, 94.50 million current LCU, in 1990.
North Macedonia ranks 90th of 187 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 (current LCU) in North Macedonia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 94.50 million current LCU | — |
| 1991 | 162.70 million current LCU | +72.2% |
| 1992 | 1.83 billion current LCU | +1022.5% |
| 1993 | 9.46 billion current LCU | +418.1% |
| 1994 | 22.64 billion current LCU | +139.3% |
| 1995 | 35.19 billion current LCU | +55.4% |
| 1996 | 35.44 billion current LCU | +0.7% |
| 1997 | 39.01 billion current LCU | +10.1% |
| 1998 | 43.41 billion current LCU | +11.3% |
| 1999 | 41.17 billion current LCU | -5.2% |
| 2000 | 54.40 billion current LCU | +32.1% |
| 2001 | 43.80 billion current LCU | -19.5% |
| 2002 | 53.86 billion current LCU | +23.0% |
| 2003 | 48.17 billion current LCU | -10.6% |
| 2004 | 59.09 billion current LCU | +22.7% |
| 2005 | 61.21 billion current LCU | +3.6% |
| 2006 | 71.68 billion current LCU | +17.1% |
| 2007 | 88.42 billion current LCU | +23.4% |
| 2008 | 115.89 billion current LCU | +31.1% |
| 2009 | 106.73 billion current LCU | -7.9% |
| 2010 | 107.00 billion current LCU | +0.2% |
| 2011 | 124.93 billion current LCU | +16.8% |
| 2012 | 135.00 billion current LCU | +8.1% |
| 2013 | 144.59 billion current LCU | +7.1% |
| 2014 | 159.85 billion current LCU | +10.6% |
| 2015 | 169.94 billion current LCU | +6.3% |
| 2016 | 193.37 billion current LCU | +13.8% |
| 2017 | 199.48 billion current LCU | +3.2% |
| 2018 | 213.65 billion current LCU | +7.1% |
| 2019 | 237.31 billion current LCU | +11.1% |
| 2020 | 200.23 billion current LCU | -15.6% |
| 2021 | 235.03 billion current LCU | +17.4% |
| 2022 | 293.93 billion current LCU | +25.1% |
| 2023 | 267.51 billion current LCU | -9.0% |
| 2024 | 294.97 billion current LCU | +10.3% |
| 2025 | 331.15 billion current LCU | +12.3% |
North Macedonia compared with similar countries
- North Macedonia's 331.15 billion current LCU is above the median for upper middle income countries, which is 296.90 billion current LCU, 1.1× the median. (52 countries reporting)
- North Macedonia's 331.15 billion current LCU is above the median for Europe & Central Asia, which is 155.88 billion current LCU, 2.1× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current LCU) in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +1022.5% | 162.70 million current LCU | 1.83 billion current LCU |
| 1993 | +418.1% | 1.83 billion current LCU | 9.46 billion current LCU |
| 1994 | +139.3% | 9.46 billion current LCU | 22.64 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.84 billion current LCU | 94.50 million current LCU | 43.41 billion current LCU | 10 |
| 2000s | 70.33 billion current LCU | 43.80 billion current LCU | 115.89 billion current LCU | 10 |
| 2010s | 168.51 billion current LCU | 107.00 billion current LCU | 237.31 billion current LCU | 10 |
| 2020s | 270.47 billion current LCU | 200.23 billion current LCU | 331.15 billion current LCU | 6 |
Countries ranked near North Macedonia
- 87 Guinea-Bissau 379.71 billion current LCU compare
- 88 Spain 361.22 billion current LCU compare
- 89 Mozambique 346.38 billion current LCU compare
- 91 Qatar 262.91 billion current LCU compare
- 92 Cuba 262.66 billion current LCU compare
- 93 Switzerland 255.82 billion current LCU 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)
- SDRs holdings, US dollar, annual growth rate -77.1 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.1524 units per person (2025)
- SDRs holdings, SDR, annual growth rate -78.2 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.1113 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -4.71 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0246 units per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in North Macedonia?
- Gross capital formation in North Macedonia was 331.15 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in North Macedonia?
- The highest recorded value was 331.15 billion current LCU in 2025.
- What is the lowest gross capital formation recorded in North Macedonia?
- The lowest recorded value was 94.50 million current LCU in 1990.
- How does North Macedonia rank for gross capital formation?
- North Macedonia ranks 90th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in North Macedonia?
- Over the last ten years it is up 94.9%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.