Gross fixed capital formation (current US$), per unit of GDP in North Macedonia
North Macedonia: Gross fixed capital formation (current US$), per unit of GDP was 0.2349 current US$ per US$ of GDP in 2024. ▲ Rising
Gross fixed capital formation (current US$), per unit of GDP in North Macedonia, 1990–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross fixed capital formation (current us$), per unit of gdp in North Macedonia stood at 0.2349 current US$ per US$ of GDP.
Compared with earlier readings it is down 4.7% on the previous year and up 0.3% over ten years.
Over the whole period, gross fixed capital formation (current us$), per unit of gdp in North Macedonia peaked at 0.2576 current US$ per US$ of GDP in 2008 and was at its lowest, 0.1459 current US$ per US$ of GDP, in 1994.
North Macedonia ranks 75th of 181 countries on this measure, 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 US$), per unit of GDP in North Macedonia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.1712 current US$ per US$ of GDP | — |
| 1991 | 0.1848 current US$ per US$ of GDP | +7.9% |
| 1992 | 0.1842 current US$ per US$ of GDP | -0.3% |
| 1993 | 0.1587 current US$ per US$ of GDP | -13.8% |
| 1994 | 0.1459 current US$ per US$ of GDP | -8.1% |
| 1995 | 0.1572 current US$ per US$ of GDP | +7.8% |
| 1996 | 0.1652 current US$ per US$ of GDP | +5.1% |
| 1997 | 0.1648 current US$ per US$ of GDP | -0.3% |
| 1998 | 0.1657 current US$ per US$ of GDP | +0.6% |
| 1999 | 0.1579 current US$ per US$ of GDP | -4.7% |
| 2000 | 0.203 current US$ per US$ of GDP | +28.6% |
| 2001 | 0.2199 current US$ per US$ of GDP | +8.4% |
| 2002 | 0.213 current US$ per US$ of GDP | -3.2% |
| 2003 | 0.2007 current US$ per US$ of GDP | -5.8% |
| 2004 | 0.2123 current US$ per US$ of GDP | +5.7% |
| 2005 | 0.1904 current US$ per US$ of GDP | -10.3% |
| 2006 | 0.2008 current US$ per US$ of GDP | +5.5% |
| 2007 | 0.2269 current US$ per US$ of GDP | +13.0% |
| 2008 | 0.2576 current US$ per US$ of GDP | +13.5% |
| 2009 | 0.2456 current US$ per US$ of GDP | -4.7% |
| 2010 | 0.2306 current US$ per US$ of GDP | -6.1% |
| 2011 | 0.2353 current US$ per US$ of GDP | +2.0% |
| 2012 | 0.2337 current US$ per US$ of GDP | -0.7% |
| 2013 | 0.2371 current US$ per US$ of GDP | +1.5% |
| 2014 | 0.2342 current US$ per US$ of GDP | -1.2% |
| 2015 | 0.2384 current US$ per US$ of GDP | +1.8% |
| 2016 | 0.2438 current US$ per US$ of GDP | +2.3% |
| 2017 | 0.2249 current US$ per US$ of GDP | -7.8% |
| 2018 | 0.2003 current US$ per US$ of GDP | -10.9% |
| 2019 | 0.2104 current US$ per US$ of GDP | +5.0% |
| 2020 | 0.2159 current US$ per US$ of GDP | +2.6% |
| 2021 | 0.2346 current US$ per US$ of GDP | +8.6% |
| 2022 | 0.2402 current US$ per US$ of GDP | +2.4% |
| 2023 | 0.2466 current US$ per US$ of GDP | +2.7% |
| 2024 | 0.2349 current US$ per US$ of GDP | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1656 current US$ per US$ of GDP | 0.1459 current US$ per US$ of GDP | 0.1848 current US$ per US$ of GDP | 10 |
| 2000s | 0.217 current US$ per US$ of GDP | 0.1904 current US$ per US$ of GDP | 0.2576 current US$ per US$ of GDP | 10 |
| 2010s | 0.2289 current US$ per US$ of GDP | 0.2003 current US$ per US$ of GDP | 0.2438 current US$ per US$ of GDP | 10 |
| 2020s | 0.2344 current US$ per US$ of GDP | 0.2159 current US$ per US$ of GDP | 0.2466 current US$ per US$ of GDP | 5 |
Countries ranked near North Macedonia
- 72 Israel 0.238 current US$ per US$ of GDP compare
- 73 Nepal 0.2357 current US$ per US$ of GDP compare
- 74 Austria 0.2353 current US$ per US$ of GDP compare
- 76 Latvia 0.2347 current US$ per US$ of GDP compare
- 77 Norway 0.2338 current US$ per US$ of GDP compare
- 78 New Zealand 0.2337 current US$ 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 capita 2,183 current US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation (current us$), per unit of gdp in North Macedonia?
- Gross fixed capital formation (current us$), per unit of gdp in North Macedonia was 0.2349 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per unit of gdp recorded in North Macedonia?
- The highest recorded value was 0.2576 current US$ per US$ of GDP in 2008.
- What is the lowest gross fixed capital formation (current us$), per unit of gdp recorded in North Macedonia?
- The lowest recorded value was 0.1459 current US$ per US$ of GDP in 1994.
- How does North Macedonia rank for gross fixed capital formation (current us$), per unit of gdp?
- North Macedonia ranks 75th out of 181 countries with data for 2024.
- Is gross fixed capital formation (current us$), per unit of gdp rising or falling in North Macedonia?
- Over the last ten years it is up 0.3%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.