Gross domestic product (GDP) at current market prices by NUTS 2 region in North Macedonia
North Macedonia: Gross domestic product (GDP) at current market prices by NUTS 2 region was 15,672 Million euro in 2024. ▲ Rising
Latest (2024)
15,672 Million euro
Change on year
up 6.8%
World rank
41st
of 45 countries
All-time high
15,672 Million euro
in 2024
All-time low
4,095 Million euro
in 2000
Years of data
25
2000–2024
Gross domestic product (GDP) at current market prices by NUTS 2 region in North Macedonia, 2000–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, gross domestic product (gdp) at current market prices by nuts 2 region in North Macedonia stood at 15,672 Million euro. That is the highest value across all 25 years on record.
The figure is up 6.8% on the previous year and up 83.0% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 2 region in North Macedonia peaked at 15,672 Million euro in 2024 and was at its lowest, 4,095 Million euro, in 2000.
That places North Macedonia 41st out of 45 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross domestic product (GDP) at current market prices by NUTS 2 region in North Macedonia, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 4,095 Million euro | — |
| 2001 | 4,144 Million euro | +1.2% |
| 2002 | 4,241 Million euro | +2.3% |
| 2003 | 4,386 Million euro | +3.4% |
| 2004 | 4,578 Million euro | +4.4% |
| 2005 | 5,032 Million euro | +9.9% |
| 2006 | 5,472 Million euro | +8.7% |
| 2007 | 6,094 Million euro | +11.4% |
| 2008 | 6,772 Million euro | +11.1% |
| 2009 | 6,767 Million euro | -0.1% |
| 2010 | 7,108 Million euro | +5.1% |
| 2011 | 7,544 Million euro | +6.1% |
| 2012 | 7,585 Million euro | +0.5% |
| 2013 | 8,150 Million euro | +7.4% |
| 2014 | 8,562 Million euro | +5.1% |
| 2015 | 9,072 Million euro | +6.0% |
| 2016 | 9,656 Million euro | +6.4% |
| 2017 | 10,038 Million euro | +4.0% |
| 2018 | 10,744 Million euro | +7.0% |
| 2019 | 11,262 Million euro | +4.8% |
| 2020 | 10,852 Million euro | -3.6% |
| 2021 | 11,835 Million euro | +9.1% |
| 2022 | 13,243 Million euro | +11.9% |
| 2023 | 14,667 Million euro | +10.8% |
| 2024 | 15,672 Million euro | +6.8% |
North Macedonia compared with similar countries
- North Macedonia's 15,672 Million euro is below the median for Europe & Central Asia, which is 282,710 Million euro, 6% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,158 Million euro | 4,095 Million euro | 6,772 Million euro | 10 |
| 2010s | 8,972 Million euro | 7,108 Million euro | 11,262 Million euro | 10 |
| 2020s | 13,254 Million euro | 10,852 Million euro | 15,672 Million euro | 5 |
Countries ranked near North Macedonia
- 38 Cyprus 34,770 Million euro compare
- 39 Malta 23,095 Million euro compare
- 40 Albania 21,730 Million euro compare
- 42 Guadeloupe 11,878 Million euro compare
- 43 Martinique 10,480 Million euro compare
- 44 Montenegro 7,645 Million euro 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 domestic product (gdp) at current market prices by nuts 2 region in North Macedonia?
- Gross domestic product (gdp) at current market prices by nuts 2 region in North Macedonia was 15,672 Million euro in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) at current market prices by nuts 2 region recorded in North Macedonia?
- The highest recorded value was 15,672 Million euro in 2024.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 2 region recorded in North Macedonia?
- The lowest recorded value was 4,095 Million euro in 2000.
- How does North Macedonia rank for gross domestic product (gdp) at current market prices by nuts 2 region?
- North Macedonia ranks 41st out of 45 countries with data for 2024.
- Is gross domestic product (gdp) at current market prices by nuts 2 region rising or falling in North Macedonia?
- Over the last ten years it is up 83.0%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Eurostat, published as part of Gross domestic product (GDP) at current market prices by NUTS 2 region. Statizoid updates them automatically from the source API.
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