Gross fixed capital formation (constant 2015 US$), per square in North Macedonia
North Macedonia: Gross fixed capital formation (constant 2015 US$), per square was 114,494 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Gross fixed capital formation (constant 2015 US$), per square in North Macedonia, 1992–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
North Macedonia recorded 114,494 constant 2015 US$ per square kilometre for gross fixed capital formation (constant 2015 us$), per square in 2023. That is the highest value across all 32 years on record.
The figure is up 5.6% on the previous year and up 38.3% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), per square in North Macedonia peaked at 114,494 constant 2015 US$ per square kilometre in 2023 and was at its lowest, 32,714 constant 2015 US$ per square kilometre, in 1999.
North Macedonia ranks 72nd of 159 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Gross fixed capital formation (constant 2015 US$), per square in North Macedonia, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1992 | 49,960 constant 2015 US$ per square kilometre | — |
| 1993 | 46,000 constant 2015 US$ per square kilometre | -7.9% |
| 1994 | 42,050 constant 2015 US$ per square kilometre | -8.6% |
| 1995 | 33,426 constant 2015 US$ per square kilometre | -20.5% |
| 1996 | 35,604 constant 2015 US$ per square kilometre | +6.5% |
| 1997 | 34,074 constant 2015 US$ per square kilometre | -4.3% |
| 1998 | 33,194 constant 2015 US$ per square kilometre | -2.6% |
| 1999 | 32,714 constant 2015 US$ per square kilometre | -1.4% |
| 2000 | 44,669 constant 2015 US$ per square kilometre | +36.5% |
| 2001 | 49,011 constant 2015 US$ per square kilometre | +9.7% |
| 2002 | 48,962 constant 2015 US$ per square kilometre | -0.1% |
| 2003 | 46,770 constant 2015 US$ per square kilometre | -4.5% |
| 2004 | 50,452 constant 2015 US$ per square kilometre | +7.9% |
| 2005 | 45,258 constant 2015 US$ per square kilometre | -10.3% |
| 2006 | 48,280 constant 2015 US$ per square kilometre | +6.7% |
| 2007 | 57,157 constant 2015 US$ per square kilometre | +18.4% |
| 2008 | 67,315 constant 2015 US$ per square kilometre | +17.8% |
| 2009 | 69,149 constant 2015 US$ per square kilometre | +2.7% |
| 2010 | 66,365 constant 2015 US$ per square kilometre | -4.0% |
| 2011 | 75,185 constant 2015 US$ per square kilometre | +13.3% |
| 2012 | 80,036 constant 2015 US$ per square kilometre | +6.5% |
| 2013 | 82,807 constant 2015 US$ per square kilometre | +3.5% |
| 2014 | 86,123 constant 2015 US$ per square kilometre | +4.0% |
| 2015 | 95,138 constant 2015 US$ per square kilometre | +10.5% |
| 2016 | 104,527 constant 2015 US$ per square kilometre | +9.9% |
| 2017 | 98,615 constant 2015 US$ per square kilometre | -5.7% |
| 2018 | 92,300 constant 2015 US$ per square kilometre | -6.4% |
| 2019 | 100,324 constant 2015 US$ per square kilometre | +8.7% |
| 2020 | 100,724 constant 2015 US$ per square kilometre | +0.4% |
| 2021 | 104,517 constant 2015 US$ per square kilometre | +3.8% |
| 2022 | 108,381 constant 2015 US$ per square kilometre | +3.7% |
| 2023 | 114,494 constant 2015 US$ per square kilometre | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 38,378 constant 2015 US$ per square kilometre | 32,714 constant 2015 US$ per square kilometre | 49,960 constant 2015 US$ per square kilometre | 8 |
| 2000s | 52,702 constant 2015 US$ per square kilometre | 44,669 constant 2015 US$ per square kilometre | 69,149 constant 2015 US$ per square kilometre | 10 |
| 2010s | 88,142 constant 2015 US$ per square kilometre | 66,365 constant 2015 US$ per square kilometre | 104,527 constant 2015 US$ per square kilometre | 10 |
| 2020s | 107,029 constant 2015 US$ per square kilometre | 100,724 constant 2015 US$ per square kilometre | 114,494 constant 2015 US$ per square kilometre | 4 |
Countries ranked near North Macedonia
- 69 Bulgaria 121,849 constant 2015 US$ per square kilometre compare
- 70 Uzbekistan 121,799 constant 2015 US$ per square kilometre compare
- 71 Latvia 121,732 constant 2015 US$ per square kilometre compare
- 73 Saudi Arabia 114,337 constant 2015 US$ per square kilometre compare
- 74 Samoa 106,812 constant 2015 US$ per square kilometre compare
- 75 Bosnia and Herzegovina 101,857 constant 2015 US$ per square kilometre 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$), annual growth rate 10.51 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), per square in North Macedonia?
- Gross fixed capital formation (constant 2015 us$), per square in North Macedonia was 114,494 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), per square recorded in North Macedonia?
- The highest recorded value was 114,494 constant 2015 US$ per square kilometre in 2023.
- What is the lowest gross fixed capital formation (constant 2015 us$), per square recorded in North Macedonia?
- The lowest recorded value was 32,714 constant 2015 US$ per square kilometre in 1999.
- How does North Macedonia rank for gross fixed capital formation (constant 2015 us$), per square?
- North Macedonia ranks 72nd out of 159 countries with data for 2023.
- Is gross fixed capital formation (constant 2015 us$), per square rising or falling in North Macedonia?
- Over the last ten years it is up 38.3%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed capital formation (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (constant 2015 US$) ÷ Land area (sq. km)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.