Gross domestic savings (% of GDP) in North Macedonia
North Macedonia: Gross domestic savings (% of GDP) was 18.0% in 2025. ◆ Volatile
Gross domestic savings in North Macedonia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross domestic savings in North Macedonia is 18.0%, measured in 2025.
Compared with earlier readings it is up 2.0% on the previous year and up 26.8% over ten years.
Over the whole period, gross domestic savings in North Macedonia peaked at 20.5% in 2019 and was at its lowest, -4.0%, in 1998.
That places North Macedonia 109th out of 188 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (% of GDP) in North Macedonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 18.1% | — |
| 1991 | 17.4% | -4.0% |
| 1992 | 15.0% | -13.8% |
| 1993 | 12.0% | -20.1% |
| 1994 | 9.9% | -17.1% |
| 1995 | 15.4% | +55.1% |
| 1996 | 8.7% | -43.4% |
| 1997 | 0.0% | -99.8% |
| 1998 | -4.0% | -24459.8% |
| 1999 | -2.9% | -27.1% |
| 2000 | 7.6% | -363.9% |
| 2001 | 4.3% | -43.9% |
| 2002 | 1.9% | -55.6% |
| 2003 | 2.2% | +14.4% |
| 2004 | 1.6% | -27.1% |
| 2005 | 3.6% | +128.5% |
| 2006 | 4.4% | +22.7% |
| 2007 | 5.9% | +31.8% |
| 2008 | 2.8% | -52.0% |
| 2009 | 4.2% | +48.5% |
| 2010 | 6.2% | +47.6% |
| 2011 | 8.0% | +29.2% |
| 2012 | 7.5% | -6.4% |
| 2013 | 10.7% | +44.0% |
| 2014 | 13.1% | +21.8% |
| 2015 | 14.2% | +8.4% |
| 2016 | 17.7% | +24.5% |
| 2017 | 18.4% | +4.4% |
| 2018 | 19.9% | +7.8% |
| 2019 | 20.5% | +3.2% |
| 2020 | 17.2% | -16.0% |
| 2021 | 16.4% | -4.8% |
| 2022 | 15.4% | -5.8% |
| 2023 | 16.6% | +7.7% |
| 2024 | 17.6% | +6.0% |
| 2025 | 18.0% | +2.0% |
North Macedonia compared with similar countries
- North Macedonia's 18.0% is below the median for upper middle income countries, which is 18.9%, 95% of the median. (52 countries reporting)
- North Macedonia's 18.0% is below the median for Europe & Central Asia, which is 24.2%, 74% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (% 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 |
|---|---|---|---|
| 1998 | -24459.8% | 0.0% | -4.0% |
| 2000 | +363.9% | -2.9% | 7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.0% | -4.0% | 18.1% | 10 |
| 2000s | 3.8% | 1.6% | 7.6% | 10 |
| 2010s | 13.6% | 6.2% | 20.5% | 10 |
| 2020s | 16.9% | 15.4% | 18.0% | 6 |
Countries ranked near North Macedonia
More economy & growth data for North Macedonia
- Real gdp growth, annual growth rate 16.47 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -77.1 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.1524 units per person (2025)
- SDRs holdings, SDR, annual growth rate -78.2 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.1113 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -4.71 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings in North Macedonia?
- Gross domestic savings in North Macedonia was 18.0% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in North Macedonia?
- The highest recorded value was 20.5% in 2019.
- What is the lowest gross domestic savings recorded in North Macedonia?
- The lowest recorded value was -4.0% in 1998.
- How does North Macedonia rank for gross domestic savings?
- North Macedonia ranks 109th out of 188 countries with data for 2025.
- Is gross domestic savings rising or falling in North Macedonia?
- Over the last ten years it is up 26.8%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.