Gross fixed capital formation, Private sector, Constant prices in North Macedonia
North Macedonia: Gross fixed capital formation, Private sector, Constant prices was 19.56 % change on previous year in 2017. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in North Macedonia, 1961–2017
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation, private sector, constant prices in North Macedonia is 19.56 % change on previous year, measured in 2017.
The figure is up 123.6% on the previous year and down 27.2% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in North Macedonia peaked at 26.87 % change on previous year in 2007 and was at its lowest, -16.82 % change on previous year, in 1992.
That places North Macedonia 14th out of 173 countries with data for 2017, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Constant prices in North Macedonia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4 % change on previous year | — |
| 1962 | 4 % change on previous year | -0.0% |
| 1963 | 4 % change on previous year | +0.0% |
| 1964 | 4 % change on previous year | -0.0% |
| 1965 | 4 % change on previous year | +0.0% |
| 1966 | 4 % change on previous year | -0.0% |
| 1967 | 4 % change on previous year | +0.0% |
| 1968 | 4 % change on previous year | +0.0% |
| 1969 | 4 % change on previous year | -0.0% |
| 1970 | 4 % change on previous year | -0.0% |
| 1971 | 4 % change on previous year | +0.0% |
| 1972 | 4 % change on previous year | -0.0% |
| 1973 | 4 % change on previous year | +0.0% |
| 1974 | 4 % change on previous year | +0.0% |
| 1975 | 4 % change on previous year | -0.0% |
| 1976 | 4 % change on previous year | -0.0% |
| 1977 | 4 % change on previous year | +0.0% |
| 1978 | 4 % change on previous year | -0.0% |
| 1979 | 4 % change on previous year | -0.0% |
| 1980 | 4 % change on previous year | +0.0% |
| 1981 | 4 % change on previous year | -0.0% |
| 1982 | 4 % change on previous year | +0.0% |
| 1983 | 4 % change on previous year | -0.0% |
| 1984 | 4 % change on previous year | +0.0% |
| 1985 | 4 % change on previous year | -0.0% |
| 1986 | 4 % change on previous year | +0.0% |
| 1987 | 4 % change on previous year | +0.0% |
| 1988 | 4 % change on previous year | -0.0% |
| 1989 | 4 % change on previous year | -0.0% |
| 1990 | 15.16 % change on previous year | +279.0% |
| 1991 | -3.69 % change on previous year | -124.4% |
| 1992 | -16.82 % change on previous year | +355.4% |
| 1993 | -7.92 % change on previous year | -52.9% |
| 1994 | -8.59 % change on previous year | +8.4% |
| 1995 | 10.19 % change on previous year | -218.7% |
| 1996 | 6.52 % change on previous year | -36.0% |
| 1997 | -4.31 % change on previous year | -166.1% |
| 1998 | -2.58 % change on previous year | -40.1% |
| 1999 | -1.45 % change on previous year | -44.0% |
| 2000 | -3.19 % change on previous year | +120.5% |
| 2001 | 4.9 % change on previous year | -253.6% |
| 2002 | 4.75 % change on previous year | -3.2% |
| 2003 | 2.05 % change on previous year | -56.8% |
| 2004 | 6.64 % change on previous year | +224.0% |
| 2005 | -11.2 % change on previous year | -268.7% |
| 2006 | 4.17 % change on previous year | -137.2% |
| 2007 | 26.87 % change on previous year | +544.2% |
| 2008 | 13.89 % change on previous year | -48.3% |
| 2009 | 0.4953 % change on previous year | -96.4% |
| 2010 | -12.63 % change on previous year | -2649.7% |
| 2011 | 17.14 % change on previous year | -235.8% |
| 2012 | 4.51 % change on previous year | -73.7% |
| 2013 | 5.79 % change on previous year | +28.2% |
| 2014 | 2.36 % change on previous year | -59.1% |
| 2015 | 14.07 % change on previous year | +494.8% |
| 2016 | 8.75 % change on previous year | -37.8% |
| 2017 | 19.56 % change on previous year | +123.6% |
North Macedonia compared with similar countries
- North Macedonia's 19.56 % change on previous year is above the median for upper middle income countries, which is 4 % change on previous year, 4.9× the median. (50 countries reporting)
- North Macedonia's 19.56 % change on previous year is above the median for Europe & Central Asia, which is 5.1 % change on previous year, 3.8× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Constant prices 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 |
|---|---|---|---|
| 2010 | -2649.7% | 0.4953 % change on previous year | -12.63 % change on previous year |
| 2007 | +544.2% | 4.17 % change on previous year | 26.87 % change on previous year |
| 2015 | +494.8% | 2.36 % change on previous year | 14.07 % change on previous year |
| 1992 | -355.4% | -3.69 % change on previous year | -16.82 % change on previous year |
| 1990 | +279.0% | 4 % change on previous year | 15.16 % change on previous year |
| 2005 | -268.7% | 6.64 % change on previous year | -11.2 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4 % change on previous year | 4 % change on previous year | 4 % change on previous year | 9 |
| 1970s | 4 % change on previous year | 4 % change on previous year | 4 % change on previous year | 10 |
| 1980s | 4 % change on previous year | 4 % change on previous year | 4 % change on previous year | 10 |
| 1990s | -1.35 % change on previous year | -16.82 % change on previous year | 15.16 % change on previous year | 10 |
| 2000s | 4.94 % change on previous year | -11.2 % change on previous year | 26.87 % change on previous year | 10 |
| 2010s | 7.44 % change on previous year | -12.63 % change on previous year | 19.56 % change on previous year | 8 |
Countries ranked near North Macedonia
- 11 Yemen 22.52 % change on previous year compare
- 12 Haiti 21.19 % change on previous year compare
- 13 Mali 20.81 % change on previous year compare
- 15 Benin 19.11 % change on previous year compare
- 16 Liberia 19.05 % change on previous year compare
- 17 Guinea-Bissau 18.39 % change on previous year 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)
- IMF holdings of currency, SDR, annual growth rate -9.26 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.018 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 188.78 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0143 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 150.49 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % 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 19.56 % change on previous year in 2017, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, constant prices recorded in North Macedonia?
- The highest recorded value was 26.87 % change on previous year in 2007.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in North Macedonia?
- The lowest recorded value was -16.82 % change on previous year in 1992.
- How does North Macedonia rank for gross fixed capital formation, private sector, constant prices?
- North Macedonia ranks 14th 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 down 27.2%. 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, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 57 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, Private sector, Constant prices International Monetary Fund
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
The year-on-year percentage change in Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.