Gross fixed capital formation (constant LCU), per square kilometre in North Macedonia

North Macedonia: Gross fixed capital formation (constant LCU), per square kilometre was 5.84 million constant LCU per square kilometre in 2023. ▲ Rising

Latest (2023)
5.84 million constant LCU per square kilometre
Change on year
up 5.6%
World rank
54th
of 165 countries
All-time high
5.84 million constant LCU per square kilometre
in 2023
All-time low
1.67 million constant LCU per square kilometre
in 1999
Years of data
32
1992–2023

Gross fixed capital formation (constant LCU), per square kilometre in North Macedonia, 1992–2023

2.0M3.0M4.0M5.0M6.0M1992200720231992: 2.5M constant LCU per square kilometre1993: 2.3M constant LCU per square kilometre1994: 2.1M constant LCU per square kilometre1995: 1.7M constant LCU per square kilometre1996: 1.8M constant LCU per square kilometre1997: 1.7M constant LCU per square kilometre1998: 1.7M constant LCU per square kilometre1999: 1.7M constant LCU per square kilometre2000: 2.3M constant LCU per square kilometre2001: 2.5M constant LCU per square kilometre2002: 2.5M constant LCU per square kilometre2003: 2.4M constant LCU per square kilometre2004: 2.6M constant LCU per square kilometre2005: 2.3M constant LCU per square kilometre2006: 2.5M constant LCU per square kilometre2007: 2.9M constant LCU per square kilometre2008: 3.4M constant LCU per square kilometre2009: 3.5M constant LCU per square kilometre2010: 3.4M constant LCU per square kilometre2011: 3.8M constant LCU per square kilometre2012: 4.1M constant LCU per square kilometre2013: 4.2M constant LCU per square kilometre2014: 4.4M constant LCU per square kilometre2015: 4.9M constant LCU per square kilometre2016: 5.3M constant LCU per square kilometre2017: 5.0M constant LCU per square kilometre2018: 4.7M constant LCU per square kilometre2019: 5.1M constant LCU per square kilometre2020: 5.1M constant LCU per square kilometre2021: 5.3M constant LCU per square kilometre2022: 5.5M constant LCU per square kilometre2023: 5.8M constant LCU per square kilometre

Source: Statizoid (derived). Measured in constant LCU per square kilometre.

Analysis

The most recent figure for gross fixed capital formation (constant lcu), per square kilometre in North Macedonia is 5.84 million constant LCU per square kilometre, measured 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 lcu), per square kilometre in North Macedonia peaked at 5.84 million constant LCU per square kilometre in 2023 and was at its lowest, 1.67 million constant LCU per square kilometre, in 1999.

North Macedonia ranks 54th of 165 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 LCU), per square kilometre in North Macedonia, year by year

Annual values for Gross fixed capital formation (constant LCU), per square kilometre in North Macedonia, 1992 to 2023.
Year constant LCU per square kilometre Change
1992 2.55 million constant LCU per square kilometre
1993 2.35 million constant LCU per square kilometre -7.9%
1994 2.15 million constant LCU per square kilometre -8.6%
1995 1.71 million constant LCU per square kilometre -20.5%
1996 1.82 million constant LCU per square kilometre +6.5%
1997 1.74 million constant LCU per square kilometre -4.3%
1998 1.69 million constant LCU per square kilometre -2.6%
1999 1.67 million constant LCU per square kilometre -1.4%
2000 2.28 million constant LCU per square kilometre +36.5%
2001 2.50 million constant LCU per square kilometre +9.7%
2002 2.50 million constant LCU per square kilometre -0.1%
2003 2.39 million constant LCU per square kilometre -4.5%
2004 2.57 million constant LCU per square kilometre +7.9%
2005 2.31 million constant LCU per square kilometre -10.3%
2006 2.46 million constant LCU per square kilometre +6.7%
2007 2.92 million constant LCU per square kilometre +18.4%
2008 3.43 million constant LCU per square kilometre +17.8%
2009 3.53 million constant LCU per square kilometre +2.7%
2010 3.39 million constant LCU per square kilometre -4.0%
2011 3.84 million constant LCU per square kilometre +13.3%
2012 4.08 million constant LCU per square kilometre +6.5%
2013 4.22 million constant LCU per square kilometre +3.5%
2014 4.39 million constant LCU per square kilometre +4.0%
2015 4.85 million constant LCU per square kilometre +10.5%
2016 5.33 million constant LCU per square kilometre +9.9%
2017 5.03 million constant LCU per square kilometre -5.7%
2018 4.71 million constant LCU per square kilometre -6.4%
2019 5.12 million constant LCU per square kilometre +8.7%
2020 5.14 million constant LCU per square kilometre +0.4%
2021 5.33 million constant LCU per square kilometre +3.8%
2022 5.53 million constant LCU per square kilometre +3.7%
2023 5.84 million constant LCU per square kilometre +5.6%

North Macedonia compared with similar countries

  • North Macedonia's 5.84 million constant LCU per square kilometre is above the median for upper middle income countries, which is 1.43 million constant LCU per square kilometre, 4.1× the median. (45 countries reporting)
  • North Macedonia's 5.84 million constant LCU per square kilometre is above the median for Europe & Central Asia, which is 1.29 million constant LCU per square kilometre, 4.5× the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.96 million constant LCU per square kilometre 1.67 million constant LCU per square kilometre 2.55 million constant LCU per square kilometre 8
2000s 2.69 million constant LCU per square kilometre 2.28 million constant LCU per square kilometre 3.53 million constant LCU per square kilometre 10
2010s 4.50 million constant LCU per square kilometre 3.39 million constant LCU per square kilometre 5.33 million constant LCU per square kilometre 10
2020s 5.46 million constant LCU per square kilometre 5.14 million constant LCU per square kilometre 5.84 million constant LCU per square kilometre 4

Countries ranked near North Macedonia

  1. 51 Guinea-Bissau 7.63 million constant LCU per square kilometre compare
  2. 52 Djibouti 7.26 million constant LCU per square kilometre compare
  3. 53 Mongolia 6.17 million constant LCU per square kilometre compare
  4. 55 Netherlands 5.55 million constant LCU per square kilometre compare
  5. 56 Pakistan 5.42 million constant LCU per square kilometre compare
  6. 57 Nepal 5.31 million constant LCU per square kilometre compare

See the full ranking of 165 places →

More economy & growth data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is gross fixed capital formation (constant lcu), per square kilometre in North Macedonia?
Gross fixed capital formation (constant lcu), per square kilometre in North Macedonia was 5.84 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross fixed capital formation (constant lcu), per square kilometre recorded in North Macedonia?
The highest recorded value was 5.84 million constant LCU per square kilometre in 2023.
What is the lowest gross fixed capital formation (constant lcu), per square kilometre recorded in North Macedonia?
The lowest recorded value was 1.67 million constant LCU per square kilometre in 1999.
How does North Macedonia rank for gross fixed capital formation (constant lcu), per square kilometre?
North Macedonia ranks 54th out of 165 countries with data for 2023.
Is gross fixed capital formation (constant lcu), per square kilometre 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 LCU), per square kilometre. Statizoid updates them automatically from the source API.

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Gross fixed capital formation (constant LCU), per square kilometre in North Macedonia. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-constant-lcu-per-square-kilometre/north-macedonia/

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<a href="https://economy.statizoid.com/stat/gross-fixed-capital-formation-constant-lcu-per-square-kilometre/north-macedonia/">Gross fixed capital formation (constant LCU), per square kilometre in North Macedonia</a> — Statizoid

How this figure is calculated

Gross fixed capital formation (constant LCU) 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 LCU) ÷ Land area (sq. km)

Computed from

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 LCU), per square kilometre
Unit
constant LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
165 places, 6,527 data points, 1961–2023
Last refreshed

Gross fixed capital formation (constant LCU) 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.