Gross fixed capital formation (constant LCU), per unit of GDP in North Macedonia
North Macedonia: Gross fixed capital formation (constant LCU), per unit of GDP was 9.12 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross fixed capital formation (constant LCU), per unit of GDP in North Macedonia, 1990–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
North Macedonia recorded 9.12 constant LCU per US$ of GDP for gross fixed capital formation (constant lcu), per unit of gdp in 2024.
That represents a change of down 1.8% on the previous year and down 6.5% over ten years.
Over the whole period, gross fixed capital formation (constant lcu), per unit of gdp in North Macedonia peaked at 26.6 constant LCU per US$ of GDP in 1992 and was at its lowest, 8.74 constant LCU per US$ of GDP, in 2008.
That places North Macedonia 61st out of 168 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 LCU), per unit of GDP in North Macedonia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 17.26 constant LCU per US$ of GDP | — |
| 1991 | 15.73 constant LCU per US$ of GDP | -8.8% |
| 1992 | 26.6 constant LCU per US$ of GDP | +69.1% |
| 1993 | 22.25 constant LCU per US$ of GDP | -16.4% |
| 1994 | 15.33 constant LCU per US$ of GDP | -31.1% |
| 1995 | 9.21 constant LCU per US$ of GDP | -39.9% |
| 1996 | 9.95 constant LCU per US$ of GDP | +8.0% |
| 1997 | 11.3 constant LCU per US$ of GDP | +13.5% |
| 1998 | 11.44 constant LCU per US$ of GDP | +1.2% |
| 1999 | 10.99 constant LCU per US$ of GDP | -3.9% |
| 2000 | 15.36 constant LCU per US$ of GDP | +39.8% |
| 2001 | 17.14 constant LCU per US$ of GDP | +11.6% |
| 2002 | 15.81 constant LCU per US$ of GDP | -7.8% |
| 2003 | 12.27 constant LCU per US$ of GDP | -22.4% |
| 2004 | 11.52 constant LCU per US$ of GDP | -6.1% |
| 2005 | 9.38 constant LCU per US$ of GDP | -18.5% |
| 2006 | 9.13 constant LCU per US$ of GDP | -2.7% |
| 2007 | 8.83 constant LCU per US$ of GDP | -3.3% |
| 2008 | 8.74 constant LCU per US$ of GDP | -0.9% |
| 2009 | 9.46 constant LCU per US$ of GDP | +8.2% |
| 2010 | 9.08 constant LCU per US$ of GDP | -4.1% |
| 2011 | 9.22 constant LCU per US$ of GDP | +1.6% |
| 2012 | 10.57 constant LCU per US$ of GDP | +14.6% |
| 2013 | 9.85 constant LCU per US$ of GDP | -6.8% |
| 2014 | 9.75 constant LCU per US$ of GDP | -1.0% |
| 2015 | 12.16 constant LCU per US$ of GDP | +24.7% |
| 2016 | 12.6 constant LCU per US$ of GDP | +3.6% |
| 2017 | 11.22 constant LCU per US$ of GDP | -11.0% |
| 2018 | 9.36 constant LCU per US$ of GDP | -16.6% |
| 2019 | 10.24 constant LCU per US$ of GDP | +9.4% |
| 2020 | 10.48 constant LCU per US$ of GDP | +2.4% |
| 2021 | 9.61 constant LCU per US$ of GDP | -8.4% |
| 2022 | 10.01 constant LCU per US$ of GDP | +4.2% |
| 2023 | 9.29 constant LCU per US$ of GDP | -7.2% |
| 2024 | 9.12 constant LCU per US$ of GDP | -1.8% |
Biggest year-on-year movements
Years where Gross fixed capital formation (constant LCU), per unit 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 |
|---|---|---|---|
| 1992 | +69.1% | 15.73 constant LCU per US$ of GDP | 26.6 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.01 constant LCU per US$ of GDP | 9.21 constant LCU per US$ of GDP | 26.6 constant LCU per US$ of GDP | 10 |
| 2000s | 11.76 constant LCU per US$ of GDP | 8.74 constant LCU per US$ of GDP | 17.14 constant LCU per US$ of GDP | 10 |
| 2010s | 10.41 constant LCU per US$ of GDP | 9.08 constant LCU per US$ of GDP | 12.6 constant LCU per US$ of GDP | 10 |
| 2020s | 9.7 constant LCU per US$ of GDP | 9.12 constant LCU per US$ of GDP | 10.48 constant LCU per US$ of GDP | 5 |
Countries ranked near North Macedonia
- 58 Afghanistan 10.71 constant LCU per US$ of GDP compare
- 59 Dominican Republic 10.55 constant LCU per US$ of GDP compare
- 60 Russia 10.45 constant LCU per US$ of GDP compare
- 62 Mauritania 8.22 constant LCU per US$ of GDP compare
- 63 Ethiopia 6.91 constant LCU per US$ of GDP compare
- 64 Mauritius 6.17 constant LCU per US$ of GDP 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$), annual growth rate 10.51 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation (constant lcu), per unit of gdp in North Macedonia?
- Gross fixed capital formation (constant lcu), per unit of gdp in North Macedonia was 9.12 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant lcu), per unit of gdp recorded in North Macedonia?
- The highest recorded value was 26.6 constant LCU per US$ of GDP in 1992.
- What is the lowest gross fixed capital formation (constant lcu), per unit of gdp recorded in North Macedonia?
- The lowest recorded value was 8.74 constant LCU per US$ of GDP in 2008.
- How does North Macedonia rank for gross fixed capital formation (constant lcu), per unit of gdp?
- North Macedonia ranks 61st out of 168 countries with data for 2024.
- Is gross fixed capital formation (constant lcu), 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (constant LCU) ÷ GDP (current US$)
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
Gross fixed capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.