Gross Domestic Product — Value US$, 2015 prices in North Macedonia
North Macedonia: Gross Domestic Product — Value US$, 2015 prices was 12,009 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in North Macedonia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in North Macedonia is 12,009 million USD, measured in 2024. That is the highest value across all 35 years on record.
That represents a change of up 2.8% on the previous year and up 23.9% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in North Macedonia peaked at 12,009 million USD in 2024 and was at its lowest, 5,748 million USD, in 1995.
North Macedonia ranks 140th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Gross Domestic Product — Value US$, 2015 prices in North Macedonia, year by year
| Year | million USD | Change |
|---|---|---|
| 1990 | 6,738 million USD | — |
| 1991 | 6,528 million USD | -3.1% |
| 1992 | 5,995 million USD | -8.2% |
| 1993 | 5,922 million USD | -1.2% |
| 1994 | 5,813 million USD | -1.8% |
| 1995 | 5,748 million USD | -1.1% |
| 1996 | 5,816 million USD | +1.2% |
| 1997 | 5,900 million USD | +1.4% |
| 1998 | 6,099 million USD | +3.4% |
| 1999 | 6,364 million USD | +4.3% |
| 2000 | 6,653 million USD | +4.5% |
| 2001 | 6,449 million USD | -3.1% |
| 2002 | 6,546 million USD | +1.5% |
| 2003 | 6,691 million USD | +2.2% |
| 2004 | 7,004 million USD | +4.7% |
| 2005 | 7,335 million USD | +4.7% |
| 2006 | 7,711 million USD | +5.1% |
| 2007 | 8,211 million USD | +6.5% |
| 2008 | 8,660 million USD | +5.5% |
| 2009 | 8,629 million USD | -0.4% |
| 2010 | 8,919 million USD | +3.4% |
| 2011 | 9,127 million USD | +2.3% |
| 2012 | 9,086 million USD | -0.5% |
| 2013 | 9,351 million USD | +2.9% |
| 2014 | 9,691 million USD | +3.6% |
| 2015 | 10,064 million USD | +3.9% |
| 2016 | 10,351 million USD | +2.8% |
| 2017 | 10,463 million USD | +1.1% |
| 2018 | 10,764 million USD | +2.9% |
| 2019 | 11,186 million USD | +3.9% |
| 2020 | 10,661 million USD | -4.7% |
| 2021 | 11,142 million USD | +4.5% |
| 2022 | 11,449 million USD | +2.8% |
| 2023 | 11,687 million USD | +2.1% |
| 2024 | 12,009 million USD | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,092 million USD | 5,748 million USD | 6,738 million USD | 10 |
| 2000s | 7,389 million USD | 6,449 million USD | 8,660 million USD | 10 |
| 2010s | 9,900 million USD | 8,919 million USD | 11,186 million USD | 10 |
| 2020s | 11,390 million USD | 10,661 million USD | 12,009 million USD | 5 |
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)
- Industry (including construction), value added (constant 2015 US$) 5.39 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1374 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,442 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 5.39 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 5.58 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 58,494 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 14.09 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5695 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in North Macedonia?
- Gross domestic product — value us$, 2015 prices in North Macedonia was 12,009 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in North Macedonia?
- The highest recorded value was 12,009 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in North Macedonia?
- The lowest recorded value was 5,748 million USD in 1995.
- How does North Macedonia rank for gross domestic product — value us$, 2015 prices?
- North Macedonia ranks 140th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in North Macedonia?
- Over the last ten years it is up 23.9%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).