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Gross fixed capital formation (constant 2015 US$), per unit of GDP in North Macedonia

North Macedonia: Gross fixed capital formation (constant 2015 US$), per unit of GDP was 0.1788 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.1788 constant 2015 US$ per US$ of GDP
Change on year
down 1.8%
World rank
77th
of 161 countries
All-time high
0.5214 constant 2015 US$ per US$ of GDP
in 1992
All-time low
0.1714 constant 2015 US$ per US$ of GDP
in 2008
Years of data
35
1990–2024

Gross fixed capital formation (constant 2015 US$), per unit of GDP in North Macedonia, 1990–2024

0.20.30.40.51990200720241990: 0.338 constant 2015 US$ per US$ of GDP1991: 0.308 constant 2015 US$ per US$ of GDP1992: 0.521 constant 2015 US$ per US$ of GDP1993: 0.436 constant 2015 US$ per US$ of GDP1994: 0.3 constant 2015 US$ per US$ of GDP1995: 0.181 constant 2015 US$ per US$ of GDP1996: 0.195 constant 2015 US$ per US$ of GDP1997: 0.221 constant 2015 US$ per US$ of GDP1998: 0.224 constant 2015 US$ per US$ of GDP1999: 0.215 constant 2015 US$ per US$ of GDP2000: 0.301 constant 2015 US$ per US$ of GDP2001: 0.336 constant 2015 US$ per US$ of GDP2002: 0.31 constant 2015 US$ per US$ of GDP2003: 0.24 constant 2015 US$ per US$ of GDP2004: 0.226 constant 2015 US$ per US$ of GDP2005: 0.184 constant 2015 US$ per US$ of GDP2006: 0.179 constant 2015 US$ per US$ of GDP2007: 0.173 constant 2015 US$ per US$ of GDP2008: 0.171 constant 2015 US$ per US$ of GDP2009: 0.185 constant 2015 US$ per US$ of GDP2010: 0.178 constant 2015 US$ per US$ of GDP2011: 0.181 constant 2015 US$ per US$ of GDP2012: 0.207 constant 2015 US$ per US$ of GDP2013: 0.193 constant 2015 US$ per US$ of GDP2014: 0.191 constant 2015 US$ per US$ of GDP2015: 0.238 constant 2015 US$ per US$ of GDP2016: 0.247 constant 2015 US$ per US$ of GDP2017: 0.22 constant 2015 US$ per US$ of GDP2018: 0.184 constant 2015 US$ per US$ of GDP2019: 0.201 constant 2015 US$ per US$ of GDP2020: 0.206 constant 2015 US$ per US$ of GDP2021: 0.188 constant 2015 US$ per US$ of GDP2022: 0.196 constant 2015 US$ per US$ of GDP2023: 0.182 constant 2015 US$ per US$ of GDP2024: 0.179 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

In 2024, gross fixed capital formation (constant 2015 us$), per unit of gdp in North Macedonia stood at 0.1788 constant 2015 US$ per US$ of GDP.

Compared with earlier readings it is down 1.8% on the previous year and down 6.5% over ten years.

Over the whole period, gross fixed capital formation (constant 2015 us$), per unit of gdp in North Macedonia peaked at 0.5214 constant 2015 US$ per US$ of GDP in 1992 and was at its lowest, 0.1714 constant 2015 US$ per US$ of GDP, in 2008.

That places North Macedonia 77th out of 161 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 35 years of available data.

Gross fixed capital formation (constant 2015 US$), per unit of GDP in North Macedonia, year by year

Year constant 2015 US$ per US$ of GDP Change
1990 0.3383 constant 2015 US$ per US$ of GDP —
1991 0.3084 constant 2015 US$ per US$ of GDP -8.8%
1992 0.5214 constant 2015 US$ per US$ of GDP +69.1%
1993 0.4361 constant 2015 US$ per US$ of GDP -16.4%
1994 0.3004 constant 2015 US$ per US$ of GDP -31.1%
1995 0.1806 constant 2015 US$ per US$ of GDP -39.9%
1996 0.195 constant 2015 US$ per US$ of GDP +8.0%
1997 0.2214 constant 2015 US$ per US$ of GDP +13.5%
1998 0.2242 constant 2015 US$ per US$ of GDP +1.2%
1999 0.2153 constant 2015 US$ per US$ of GDP -3.9%
2000 0.3011 constant 2015 US$ per US$ of GDP +39.8%
2001 0.336 constant 2015 US$ per US$ of GDP +11.6%
2002 0.3099 constant 2015 US$ per US$ of GDP -7.8%
2003 0.2405 constant 2015 US$ per US$ of GDP -22.4%
2004 0.2258 constant 2015 US$ per US$ of GDP -6.1%
2005 0.1839 constant 2015 US$ per US$ of GDP -18.5%
2006 0.1789 constant 2015 US$ per US$ of GDP -2.7%
2007 0.173 constant 2015 US$ per US$ of GDP -3.3%
2008 0.1714 constant 2015 US$ per US$ of GDP -0.9%
2009 0.1855 constant 2015 US$ per US$ of GDP +8.2%
2010 0.1779 constant 2015 US$ per US$ of GDP -4.1%
2011 0.1807 constant 2015 US$ per US$ of GDP +1.6%
2012 0.2071 constant 2015 US$ per US$ of GDP +14.6%
2013 0.1931 constant 2015 US$ per US$ of GDP -6.8%
2014 0.1912 constant 2015 US$ per US$ of GDP -1.0%
2015 0.2384 constant 2015 US$ per US$ of GDP +24.7%
2016 0.247 constant 2015 US$ per US$ of GDP +3.6%
2017 0.22 constant 2015 US$ per US$ of GDP -11.0%
2018 0.1835 constant 2015 US$ per US$ of GDP -16.6%
2019 0.2007 constant 2015 US$ per US$ of GDP +9.4%
2020 0.2055 constant 2015 US$ per US$ of GDP +2.4%
2021 0.1883 constant 2015 US$ per US$ of GDP -8.4%
2022 0.1962 constant 2015 US$ per US$ of GDP +4.2%
2023 0.1821 constant 2015 US$ per US$ of GDP -7.2%
2024 0.1788 constant 2015 US$ per US$ of GDP -1.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2941 constant 2015 US$ per US$ of GDP 0.1806 constant 2015 US$ per US$ of GDP 0.5214 constant 2015 US$ per US$ of GDP 10
2000s 0.2306 constant 2015 US$ per US$ of GDP 0.1714 constant 2015 US$ per US$ of GDP 0.336 constant 2015 US$ per US$ of GDP 10
2010s 0.204 constant 2015 US$ per US$ of GDP 0.1779 constant 2015 US$ per US$ of GDP 0.247 constant 2015 US$ per US$ of GDP 10
2020s 0.1902 constant 2015 US$ per US$ of GDP 0.1788 constant 2015 US$ per US$ of GDP 0.2055 constant 2015 US$ per US$ of GDP 5

Countries ranked near North Macedonia

  1. 74 Niger 0.1896 constant 2015 US$ per US$ of GDP compare
  2. 75 Italy 0.1861 constant 2015 US$ per US$ of GDP compare
  3. 76 Madagascar 0.1828 constant 2015 US$ per US$ of GDP compare
  4. 78 Belgium 0.1786 constant 2015 US$ per US$ of GDP compare
  5. 79 Belarus 0.1781 constant 2015 US$ per US$ of GDP compare
  6. 80 France 0.1761 constant 2015 US$ per US$ of GDP compare

See the full ranking of 194 places →

More economy & growth data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is gross fixed capital formation (constant 2015 us$), per unit of gdp in North Macedonia?
Gross fixed capital formation (constant 2015 us$), per unit of gdp in North Macedonia was 0.1788 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in North Macedonia?
The highest recorded value was 0.5214 constant 2015 US$ per US$ of GDP in 1992.
What is the lowest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in North Macedonia?
The lowest recorded value was 0.1714 constant 2015 US$ per US$ of GDP in 2008.
How does North Macedonia rank for gross fixed capital formation (constant 2015 us$), per unit of gdp?
North Macedonia ranks 77th out of 161 countries with data for 2024.
Is gross fixed capital formation (constant 2015 us$), per unit of gdp rising or falling in North Macedonia?
Over the last ten years it is down 6.5%. 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 fixed capital formation (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross fixed capital formation (constant 2015 US$), per unit of GDP in North Macedonia. Statizoid, drawing on Statizoid (derived). Retrieved 07 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-constant-2015-us-per-unit-of-gdp/north-macedonia/

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How this figure is calculated

Gross fixed capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross fixed capital formation (constant 2015 US$) ÷ GDP (current US$)

Computed from

  • Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
  • 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

Indicator
Gross fixed capital formation (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 8,107 data points, 1960–2025
Last refreshed

Gross fixed capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.