Gross Domestic Product, GDP in millions constant 2021 international $ in North Macedonia
North Macedonia: Gross Domestic Product, GDP in millions constant 2021 international $ was 48,286 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in North Macedonia, 1991–2027
Source: International Labour Organization.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in North Macedonia is 48,286, measured in 2027. That is the highest value across all 37 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 26.4% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in North Macedonia peaked at 48,286 in 2027 and was at its lowest, 20,987, in 1995.
That places North Macedonia 138th out of 188 countries with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 24,988 | — |
| 1992 | 23,347 | -6.6% |
| 1993 | 21,603 | -7.5% |
| 1994 | 21,223 | -1.8% |
| 1995 | 20,987 | -1.1% |
| 1996 | 21,236 | +1.2% |
| 1997 | 21,541 | +1.4% |
| 1998 | 22,269 | +3.4% |
| 1999 | 23,235 | +4.3% |
| 2000 | 24,292 | +4.5% |
| 2001 | 23,547 | -3.1% |
| 2002 | 23,899 | +1.5% |
| 2003 | 24,430 | +2.2% |
| 2004 | 25,572 | +4.7% |
| 2005 | 26,780 | +4.7% |
| 2006 | 28,156 | +5.1% |
| 2007 | 29,978 | +6.5% |
| 2008 | 31,619 | +5.5% |
| 2009 | 31,506 | -0.4% |
| 2010 | 32,564 | +3.4% |
| 2011 | 33,326 | +2.3% |
| 2012 | 33,174 | -0.5% |
| 2013 | 34,144 | +2.9% |
| 2014 | 35,383 | +3.6% |
| 2015 | 36,748 | +3.9% |
| 2016 | 37,794 | +2.8% |
| 2017 | 38,203 | +1.1% |
| 2018 | 39,304 | +2.9% |
| 2019 | 40,840 | +3.9% |
| 2020 | 38,926 | -4.7% |
| 2021 | 40,682 | +4.5% |
| 2022 | 41,804 | +2.8% |
| 2023 | 42,671 | +2.1% |
| 2024 | 43,847 | +2.8% |
| 2025 | 45,338 | +3.4% |
| 2026 | 46,788 | +3.2% |
| 2027 | 48,286 | +3.2% |
North Macedonia compared with similar countries
- North Macedonia's 48,286 is below the median for upper middle income countries, which is 133,081, 36% of the median. (53 countries reporting)
- North Macedonia's 48,286 is below the median for Europe & Central Asia, which is 367,047, 13% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22,270 | 20,987 | 24,988 | 9 |
| 2000s | 26,978 | 23,547 | 31,619 | 10 |
| 2010s | 36,148 | 32,564 | 40,840 | 10 |
| 2020s | 43,543 | 38,926 | 48,286 | 8 |
Countries ranked near North Macedonia
- 135 Gabon 51,590 compare
- 136 Papua New Guinea 50,683 compare
- 137 Botswana 48,308 compare
- 139 Trinidad and Tobago 45,900 compare
- 140 Congo 42,648 compare
- 141 Republic of Moldova 42,278 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 in millions constant 2021 international $ in North Macedonia?
- Gross domestic product, gdp in millions constant 2021 international $ in North Macedonia was 48,286 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in North Macedonia?
- The highest recorded value was 48,286 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in North Macedonia?
- The lowest recorded value was 20,987 in 1995.
- How does North Macedonia rank for gross domestic product, gdp in millions constant 2021 international $?
- North Macedonia ranks 138th out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in North Macedonia?
- Over the last ten years it is up 26.4%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.