Gross domestic product (GDP), per unit of GDP in North Macedonia
North Macedonia: Gross domestic product (GDP), per unit of GDP was 2.57 international-$ in 2021 prices per US$ of GDP in 2023. ▼ Falling
Gross domestic product (GDP), per unit of GDP in North Macedonia, 1990–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
In 2023, gross domestic product (gdp), per unit of gdp in North Macedonia stood at 2.57 international-$ in 2021 prices per US$ of GDP. That is the lowest value across all 34 years on record.
The figure is down 11.4% on the previous year and down 7.9% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in North Macedonia peaked at 5.46 international-$ in 2021 prices per US$ of GDP in 1992 and was at its lowest, 2.57 international-$ in 2021 prices per US$ of GDP, in 2023.
North Macedonia ranks 52nd of 180 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Gross domestic product (GDP), per unit of GDP in North Macedonia, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1990 | 3.08 international-$ in 2021 prices per US$ of GDP | — |
| 1991 | 2.88 international-$ in 2021 prices per US$ of GDP | -6.5% |
| 1992 | 5.46 international-$ in 2021 prices per US$ of GDP | +89.6% |
| 1993 | 4.98 international-$ in 2021 prices per US$ of GDP | -8.7% |
| 1994 | 3.8 international-$ in 2021 prices per US$ of GDP | -23.8% |
| 1995 | 2.93 international-$ in 2021 prices per US$ of GDP | -22.8% |
| 1996 | 3 international-$ in 2021 prices per US$ of GDP | +2.5% |
| 1997 | 3.71 international-$ in 2021 prices per US$ of GDP | +23.6% |
| 1998 | 4.07 international-$ in 2021 prices per US$ of GDP | +9.6% |
| 1999 | 4.34 international-$ in 2021 prices per US$ of GDP | +6.5% |
| 2000 | 4.89 international-$ in 2021 prices per US$ of GDP | +12.9% |
| 2001 | 5.18 international-$ in 2021 prices per US$ of GDP | +5.8% |
| 2002 | 4.83 international-$ in 2021 prices per US$ of GDP | -6.7% |
| 2003 | 3.98 international-$ in 2021 prices per US$ of GDP | -17.6% |
| 2004 | 3.56 international-$ in 2021 prices per US$ of GDP | -10.4% |
| 2005 | 3.58 international-$ in 2021 prices per US$ of GDP | +0.5% |
| 2006 | 3.41 international-$ in 2021 prices per US$ of GDP | -4.9% |
| 2007 | 3 international-$ in 2021 prices per US$ of GDP | -12.0% |
| 2008 | 2.79 international-$ in 2021 prices per US$ of GDP | -7.0% |
| 2009 | 3.08 international-$ in 2021 prices per US$ of GDP | +10.3% |
| 2010 | 3.16 international-$ in 2021 prices per US$ of GDP | +2.8% |
| 2011 | 2.81 international-$ in 2021 prices per US$ of GDP | -11.2% |
| 2012 | 3.14 international-$ in 2021 prices per US$ of GDP | +12.0% |
| 2013 | 2.79 international-$ in 2021 prices per US$ of GDP | -11.2% |
| 2014 | 2.8 international-$ in 2021 prices per US$ of GDP | +0.3% |
| 2015 | 3.29 international-$ in 2021 prices per US$ of GDP | +17.7% |
| 2016 | 3.27 international-$ in 2021 prices per US$ of GDP | -0.5% |
| 2017 | 3.12 international-$ in 2021 prices per US$ of GDP | -4.8% |
| 2018 | 2.87 international-$ in 2021 prices per US$ of GDP | -8.0% |
| 2019 | 3.09 international-$ in 2021 prices per US$ of GDP | +7.7% |
| 2020 | 2.99 international-$ in 2021 prices per US$ of GDP | -3.2% |
| 2021 | 2.83 international-$ in 2021 prices per US$ of GDP | -5.4% |
| 2022 | 2.9 international-$ in 2021 prices per US$ of GDP | +2.6% |
| 2023 | 2.57 international-$ in 2021 prices per US$ of GDP | -11.4% |
North Macedonia compared with similar countries
- North Macedonia's 2.57 international-$ in 2021 prices per US$ of GDP is above the median for upper middle income countries, which is 2.35 international-$ in 2021 prices per US$ of GDP, 1.1× the median. (51 countries reporting)
- North Macedonia's 2.57 international-$ in 2021 prices per US$ of GDP is above the median for Europe & Central Asia, which is 1.5 international-$ in 2021 prices per US$ of GDP, 1.7× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), per unit of GDP 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 | +89.6% | 2.88 international-$ in 2021 prices per US$ of GDP | 5.46 international-$ in 2021 prices per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.82 international-$ in 2021 prices per US$ of GDP | 2.88 international-$ in 2021 prices per US$ of GDP | 5.46 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 3.83 international-$ in 2021 prices per US$ of GDP | 2.79 international-$ in 2021 prices per US$ of GDP | 5.18 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 3.03 international-$ in 2021 prices per US$ of GDP | 2.79 international-$ in 2021 prices per US$ of GDP | 3.29 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 2.82 international-$ in 2021 prices per US$ of GDP | 2.57 international-$ in 2021 prices per US$ of GDP | 2.99 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near North Macedonia
- 49 Philippines 2.66 international-$ in 2021 prices per US$ of GDP compare
- 50 Togo 2.66 international-$ in 2021 prices per US$ of GDP compare
- 51 Zambia 2.58 international-$ in 2021 prices per US$ of GDP compare
- 53 Mongolia 2.56 international-$ in 2021 prices per US$ of GDP compare
- 54 Brunei 2.56 international-$ in 2021 prices per US$ of GDP compare
- 55 Armenia 2.54 international-$ in 2021 prices 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$), annual growth rate 10.51 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in North Macedonia?
- Gross domestic product (gdp), per unit of gdp in North Macedonia was 2.57 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in North Macedonia?
- The highest recorded value was 5.46 international-$ in 2021 prices per US$ of GDP in 1992.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in North Macedonia?
- The lowest recorded value was 2.57 international-$ in 2021 prices per US$ of GDP in 2023.
- How does North Macedonia rank for gross domestic product (gdp), per unit of gdp?
- North Macedonia ranks 52nd out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in North Macedonia?
- Over the last ten years it is down 7.9%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- 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 domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.