Gross domestic savings in North Macedonia
North Macedonia: Gross domestic savings 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 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% |
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
- 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)
- Total reserves minus gold (current US$), annual growth rate 3.47 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.2532 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,656 current US$ per person (2025)
- General government final consumption expenditure (current US$) 18.78 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1639 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,719 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 14.14 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 8.96 current LCU per US$ of GDP (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.