Gross fixed capital formation, Private sector, Constant prices in North Macedonia
North Macedonia: Gross fixed capital formation, Private sector, Constant prices was 14.56 in 2017. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in North Macedonia, 1990–2017
Source: International Monetary Fund.
Analysis
North Macedonia recorded 14.56 for gross fixed capital formation, private sector, constant prices in 2017. That is the highest value across all 28 years on record.
The figure is up 18.3% on the previous year and up 54.3% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in North Macedonia peaked at 14.56 in 2017 and was at its lowest, 7.92, in 2006.
North Macedonia ranks 97th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Gross fixed capital formation, Private sector, Constant prices in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 11.64 | — |
| 1991 | 11.57 | -0.6% |
| 1992 | 10.48 | -9.4% |
| 1993 | 9.77 | -6.8% |
| 1994 | 9.1 | -6.9% |
| 1995 | 10.14 | +11.4% |
| 1996 | 10.67 | +5.3% |
| 1997 | 10.07 | -5.7% |
| 1998 | 9.49 | -5.8% |
| 1999 | 8.96 | -5.5% |
| 2000 | 8.3 | -7.4% |
| 2001 | 8.98 | +8.2% |
| 2002 | 9.27 | +3.2% |
| 2003 | 9.25 | -0.2% |
| 2004 | 9.43 | +1.9% |
| 2005 | 7.99 | -15.2% |
| 2006 | 7.92 | -0.9% |
| 2007 | 9.44 | +19.2% |
| 2008 | 10.19 | +8.0% |
| 2009 | 10.28 | +0.9% |
| 2010 | 8.69 | -15.5% |
| 2011 | 9.94 | +14.5% |
| 2012 | 10.44 | +5.0% |
| 2013 | 10.73 | +2.8% |
| 2014 | 10.6 | -1.2% |
| 2015 | 11.64 | +9.8% |
| 2016 | 12.31 | +5.7% |
| 2017 | 14.56 | +18.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.19 | 8.96 | 11.64 | 10 |
| 2000s | 9.1 | 7.92 | 10.28 | 10 |
| 2010s | 11.11 | 8.69 | 14.56 | 8 |
Countries ranked near North Macedonia
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, private sector, constant prices in North Macedonia?
- Gross fixed capital formation, private sector, constant prices in North Macedonia was 14.56 in 2017, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in North Macedonia?
- The highest recorded value was 14.56 in 2017.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in North Macedonia?
- The lowest recorded value was 7.92 in 2006.
- How does North Macedonia rank for gross fixed capital formation, private sector, constant prices?
- North Macedonia ranks 97th out of 173 countries with data for 2017.
- Is gross fixed capital formation, private sector, constant prices rising or falling in North Macedonia?
- Over the last ten years it is up 54.3%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.