Gross fixed capital formation (current LCU), per square kilometre in North Macedonia
North Macedonia: Gross fixed capital formation (current LCU), per square kilometre was 8.83 million current LCU per square kilometre in 2023. ◆ Volatile
Gross fixed capital formation (current LCU), per square kilometre in North Macedonia, 1992–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
The most recent figure for gross fixed capital formation (current lcu), per square kilometre in North Macedonia is 8.83 million current LCU per square kilometre, measured in 2023. That is the highest value across all 32 years on record.
That represents a change of up 13.6% on the previous year and up 87.1% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per square kilometre in North Macedonia peaked at 8.83 million current LCU per square kilometre in 2023 and was at its lowest, 89,882 current LCU per square kilometre, in 1992.
North Macedonia ranks 61st of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current LCU), per square kilometre in North Macedonia, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1992 | 89,882 current LCU per square kilometre | — |
| 1993 | 388,447 current LCU per square kilometre | +332.2% |
| 1994 | 883,248 current LCU per square kilometre | +127.4% |
| 1995 | 1.10 million current LCU per square kilometre | +24.8% |
| 1996 | 1.21 million current LCU per square kilometre | +9.4% |
| 1997 | 1.27 million current LCU per square kilometre | +5.2% |
| 1998 | 1.34 million current LCU per square kilometre | +5.4% |
| 1999 | 1.36 million current LCU per square kilometre | +2.1% |
| 2000 | 1.98 million current LCU per square kilometre | +45.4% |
| 2001 | 2.18 million current LCU per square kilometre | +10.0% |
| 2002 | 2.17 million current LCU per square kilometre | -0.8% |
| 2003 | 2.12 million current LCU per square kilometre | -2.1% |
| 2004 | 2.34 million current LCU per square kilometre | +10.5% |
| 2005 | 2.31 million current LCU per square kilometre | -1.5% |
| 2006 | 2.64 million current LCU per square kilometre | +14.5% |
| 2007 | 3.35 million current LCU per square kilometre | +26.8% |
| 2008 | 4.24 million current LCU per square kilometre | +26.3% |
| 2009 | 4.04 million current LCU per square kilometre | -4.7% |
| 2010 | 4.00 million current LCU per square kilometre | -1.0% |
| 2011 | 4.33 million current LCU per square kilometre | +8.3% |
| 2012 | 4.32 million current LCU per square kilometre | -0.1% |
| 2013 | 4.72 million current LCU per square kilometre | +9.1% |
| 2014 | 4.90 million current LCU per square kilometre | +3.8% |
| 2015 | 5.28 million current LCU per square kilometre | +7.9% |
| 2016 | 5.75 million current LCU per square kilometre | +8.8% |
| 2017 | 5.51 million current LCU per square kilometre | -4.2% |
| 2018 | 5.25 million current LCU per square kilometre | -4.8% |
| 2019 | 5.78 million current LCU per square kilometre | +10.1% |
| 2020 | 5.73 million current LCU per square kilometre | -0.9% |
| 2021 | 6.78 million current LCU per square kilometre | +18.4% |
| 2022 | 7.77 million current LCU per square kilometre | +14.6% |
| 2023 | 8.83 million current LCU per square kilometre | +13.6% |
North Macedonia compared with similar countries
- North Macedonia's 8.83 million current LCU per square kilometre is above the median for upper middle income countries, which is 3.05 million current LCU per square kilometre, 2.9× the median. (50 countries reporting)
- North Macedonia's 8.83 million current LCU per square kilometre is above the median for Europe & Central Asia, which is 1.81 million current LCU per square kilometre, 4.9× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU), per square kilometre 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 |
|---|---|---|---|
| 1993 | +332.2% | 89,882 current LCU per square kilometre | 388,447 current LCU per square kilometre |
| 1994 | +127.4% | 388,447 current LCU per square kilometre | 883,248 current LCU per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 954,748 current LCU per square kilometre | 89,882 current LCU per square kilometre | 1.36 million current LCU per square kilometre | 8 |
| 2000s | 2.74 million current LCU per square kilometre | 1.98 million current LCU per square kilometre | 4.24 million current LCU per square kilometre | 10 |
| 2010s | 4.98 million current LCU per square kilometre | 4.00 million current LCU per square kilometre | 5.78 million current LCU per square kilometre | 10 |
| 2020s | 7.28 million current LCU per square kilometre | 5.73 million current LCU per square kilometre | 8.83 million current LCU per square kilometre | 4 |
Countries ranked near North Macedonia
- 58 Iceland 10.81 million current LCU per square kilometre compare
- 59 Guinea-Bissau 9.55 million current LCU per square kilometre compare
- 60 Nepal 9.21 million current LCU per square kilometre compare
- 62 Gabon 8.25 million current LCU per square kilometre compare
- 63 Burkina Faso 8.19 million current LCU per square kilometre compare
- 64 Thailand 8.06 million current LCU 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 (current lcu), per square kilometre in North Macedonia?
- Gross fixed capital formation (current lcu), per square kilometre in North Macedonia was 8.83 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per square kilometre recorded in North Macedonia?
- The highest recorded value was 8.83 million current LCU per square kilometre in 2023.
- What is the lowest gross fixed capital formation (current lcu), per square kilometre recorded in North Macedonia?
- The lowest recorded value was 89,882 current LCU per square kilometre in 1992.
- How does North Macedonia rank for gross fixed capital formation (current lcu), per square kilometre?
- North Macedonia ranks 61st out of 177 countries with data for 2023.
- Is gross fixed capital formation (current lcu), per square kilometre rising or falling in North Macedonia?
- Over the last ten years it is up 87.1%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (current LCU), 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 (current 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 (current LCU) ÷ 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 (current 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.