Gross domestic product (GDP), Constant prices, Purchasing power in North Macedonia
North Macedonia: Gross domestic product (GDP), Constant prices, Purchasing power was 33.72 in 2019. ▲ Rising
Gross domestic product (GDP), Constant prices, Purchasing power in North Macedonia, 1990–2019
Source: International Monetary Fund.
Analysis
North Macedonia recorded 33.72 for gross domestic product (gdp), constant prices, purchasing power in 2019. That is the highest value across all 30 years on record.
That represents a change of up 3.6% on the previous year and up 29.0% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in North Macedonia peaked at 33.72 in 2019 and was at its lowest, 17.41, in 1995.
That places North Macedonia 129th out of 193 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 20.42 | — |
| 1991 | 19.78 | -3.1% |
| 1992 | 18.16 | -8.2% |
| 1993 | 17.94 | -1.2% |
| 1994 | 17.61 | -1.8% |
| 1995 | 17.41 | -1.1% |
| 1996 | 17.62 | +1.2% |
| 1997 | 17.87 | +1.4% |
| 1998 | 18.48 | +3.4% |
| 1999 | 19.28 | +4.3% |
| 2000 | 20.16 | +4.5% |
| 2001 | 19.54 | -3.1% |
| 2002 | 19.83 | +1.5% |
| 2003 | 20.27 | +2.2% |
| 2004 | 21.22 | +4.7% |
| 2005 | 22.22 | +4.7% |
| 2006 | 23.36 | +5.1% |
| 2007 | 24.88 | +6.5% |
| 2008 | 26.24 | +5.5% |
| 2009 | 26.14 | -0.4% |
| 2010 | 27.02 | +3.4% |
| 2011 | 27.65 | +2.3% |
| 2012 | 27.53 | -0.5% |
| 2013 | 28.33 | +2.9% |
| 2014 | 29.36 | +3.6% |
| 2015 | 30.49 | +3.9% |
| 2016 | 31.36 | +2.8% |
| 2017 | 31.7 | +1.1% |
| 2018 | 32.56 | +2.7% |
| 2019 | 33.72 | +3.6% |
North Macedonia compared with similar countries
- North Macedonia's 33.72 is below the median for upper middle income countries, which is 73.89, 46% of the median. (57 countries reporting)
- North Macedonia's 33.72 is below the median for Europe & Central Asia, which is 268.6, 13% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.46 | 17.41 | 20.42 | 10 |
| 2000s | 22.39 | 19.54 | 26.24 | 10 |
| 2010s | 29.97 | 27.02 | 33.72 | 10 |
Countries ranked near North Macedonia
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), constant prices, purchasing power in North Macedonia?
- Gross domestic product (gdp), constant prices, purchasing power in North Macedonia was 33.72 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in North Macedonia?
- The highest recorded value was 33.72 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in North Macedonia?
- The lowest recorded value was 17.41 in 1995.
- How does North Macedonia rank for gross domestic product (gdp), constant prices, purchasing power?
- North Macedonia ranks 129th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in North Macedonia?
- Over the last ten years it is up 29.0%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.