Gross fixed capital formation (current LCU), per unit of GDP in North Macedonia
North Macedonia: Gross fixed capital formation (current LCU), per unit of GDP was 13.36 current LCU per US$ of GDP in 2024. ▲ Rising
Gross fixed capital formation (current LCU), per unit of GDP in North Macedonia, 1990–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation (current lcu), per unit of gdp in North Macedonia is 13.36 current LCU per US$ of GDP, measured in 2024.
The figure is down 4.9% on the previous year and up 22.9% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per unit of gdp in North Macedonia peaked at 14.96 current LCU per US$ of GDP in 2001 and was at its lowest, 0.0194 current LCU per US$ of GDP, in 1990.
That places North Macedonia 68th out of 181 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Gross fixed capital formation (current LCU), per unit of GDP in North Macedonia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.0194 current LCU per US$ of GDP | — |
| 1991 | 0.0362 current LCU per US$ of GDP | +86.9% |
| 1992 | 0.938 current LCU per US$ of GDP | +2489.4% |
| 1993 | 3.68 current LCU per US$ of GDP | +292.6% |
| 1994 | 6.31 current LCU per US$ of GDP | +71.3% |
| 1995 | 5.95 current LCU per US$ of GDP | -5.6% |
| 1996 | 6.6 current LCU per US$ of GDP | +10.9% |
| 1997 | 8.24 current LCU per US$ of GDP | +24.8% |
| 1998 | 9.02 current LCU per US$ of GDP | +9.5% |
| 1999 | 8.98 current LCU per US$ of GDP | -0.4% |
| 2000 | 13.38 current LCU per US$ of GDP | +48.9% |
| 2001 | 14.96 current LCU per US$ of GDP | +11.9% |
| 2002 | 13.71 current LCU per US$ of GDP | -8.4% |
| 2003 | 10.9 current LCU per US$ of GDP | -20.4% |
| 2004 | 10.49 current LCU per US$ of GDP | -3.8% |
| 2005 | 9.38 current LCU per US$ of GDP | -10.5% |
| 2006 | 9.8 current LCU per US$ of GDP | +4.5% |
| 2007 | 10.15 current LCU per US$ of GDP | +3.6% |
| 2008 | 10.78 current LCU per US$ of GDP | +6.2% |
| 2009 | 10.83 current LCU per US$ of GDP | +0.4% |
| 2010 | 10.72 current LCU per US$ of GDP | -1.0% |
| 2011 | 10.41 current LCU per US$ of GDP | -2.9% |
| 2012 | 11.19 current LCU per US$ of GDP | +7.5% |
| 2013 | 11 current LCU per US$ of GDP | -1.7% |
| 2014 | 10.87 current LCU per US$ of GDP | -1.2% |
| 2015 | 13.24 current LCU per US$ of GDP | +21.8% |
| 2016 | 13.59 current LCU per US$ of GDP | +2.6% |
| 2017 | 12.29 current LCU per US$ of GDP | -9.5% |
| 2018 | 10.44 current LCU per US$ of GDP | -15.1% |
| 2019 | 11.56 current LCU per US$ of GDP | +10.8% |
| 2020 | 11.69 current LCU per US$ of GDP | +1.1% |
| 2021 | 12.22 current LCU per US$ of GDP | +4.5% |
| 2022 | 14.07 current LCU per US$ of GDP | +15.1% |
| 2023 | 14.04 current LCU per US$ of GDP | -0.2% |
| 2024 | 13.36 current LCU per US$ of GDP | -4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.98 current LCU per US$ of GDP | 0.0194 current LCU per US$ of GDP | 9.02 current LCU per US$ of GDP | 10 |
| 2000s | 11.44 current LCU per US$ of GDP | 9.38 current LCU per US$ of GDP | 14.96 current LCU per US$ of GDP | 10 |
| 2010s | 11.53 current LCU per US$ of GDP | 10.41 current LCU per US$ of GDP | 13.59 current LCU per US$ of GDP | 10 |
| 2020s | 13.08 current LCU per US$ of GDP | 11.69 current LCU per US$ of GDP | 14.07 current LCU per US$ of GDP | 5 |
Countries ranked near North Macedonia
- 65 Sudan 16.25 current LCU per US$ of GDP compare
- 66 Haiti 15.76 current LCU per US$ of GDP compare
- 67 Dominican Republic 15.42 current LCU per US$ of GDP compare
- 69 Philippines 13.07 current LCU per US$ of GDP compare
- 70 Afghanistan 12.09 current LCU per US$ of GDP compare
- 71 Türkiye 12.07 current 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)
- Exports of goods and services (current LCU), annual growth rate 4.71 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 32.6 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 341,954 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.12 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4149 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 4,353 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 1.84 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2349 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation (current lcu), per unit of gdp in North Macedonia?
- Gross fixed capital formation (current lcu), per unit of gdp in North Macedonia was 13.36 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per unit of gdp recorded in North Macedonia?
- The highest recorded value was 14.96 current LCU per US$ of GDP in 2001.
- What is the lowest gross fixed capital formation (current lcu), per unit of gdp recorded in North Macedonia?
- The lowest recorded value was 0.0194 current LCU per US$ of GDP in 1990.
- How does North Macedonia rank for gross fixed capital formation (current lcu), per unit of gdp?
- North Macedonia ranks 68th out of 181 countries with data for 2024.
- Is gross fixed capital formation (current lcu), per unit of gdp rising or falling in North Macedonia?
- Over the last ten years it is up 22.9%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current LCU) ÷ GDP (current US$)
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 (current 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.