Gross fixed capital formation, Private sector, Constant prices in North Macedonia
North Macedonia: Gross fixed capital formation, Private sector, Constant prices was 4.62 in 2017. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in North Macedonia, 1960–2017
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, constant prices in North Macedonia is 4.62, measured in 2017. That is the highest value across all 58 years on record.
That represents a change of up 19.6% on the previous year and up 96.6% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in North Macedonia peaked at 4.62 in 2017 and was at its lowest, 0.6616, in 1960.
North Macedonia ranks 120th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 58 years of available data.
Gross fixed capital formation, Private sector, Constant prices in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.6616 | — |
| 1961 | 0.6881 | +4.0% |
| 1962 | 0.7156 | +4.0% |
| 1963 | 0.7442 | +4.0% |
| 1964 | 0.774 | +4.0% |
| 1965 | 0.805 | +4.0% |
| 1966 | 0.8372 | +4.0% |
| 1967 | 0.8706 | +4.0% |
| 1968 | 0.9055 | +4.0% |
| 1969 | 0.9417 | +4.0% |
| 1970 | 0.9794 | +4.0% |
| 1971 | 1.02 | +4.0% |
| 1972 | 1.06 | +4.0% |
| 1973 | 1.1 | +4.0% |
| 1974 | 1.15 | +4.0% |
| 1975 | 1.19 | +4.0% |
| 1976 | 1.24 | +4.0% |
| 1977 | 1.29 | +4.0% |
| 1978 | 1.34 | +4.0% |
| 1979 | 1.39 | +4.0% |
| 1980 | 1.45 | +4.0% |
| 1981 | 1.51 | +4.0% |
| 1982 | 1.57 | +4.0% |
| 1983 | 1.63 | +4.0% |
| 1984 | 1.7 | +4.0% |
| 1985 | 1.76 | +4.0% |
| 1986 | 1.83 | +4.0% |
| 1987 | 1.91 | +4.0% |
| 1988 | 1.98 | +4.0% |
| 1989 | 2.06 | +4.0% |
| 1990 | 2.38 | +15.2% |
| 1991 | 2.29 | -3.7% |
| 1992 | 1.9 | -16.8% |
| 1993 | 1.75 | -7.9% |
| 1994 | 1.6 | -8.6% |
| 1995 | 1.77 | +10.2% |
| 1996 | 1.88 | +6.5% |
| 1997 | 1.8 | -4.3% |
| 1998 | 1.75 | -2.6% |
| 1999 | 1.73 | -1.4% |
| 2000 | 1.67 | -3.2% |
| 2001 | 1.75 | +4.9% |
| 2002 | 1.84 | +4.7% |
| 2003 | 1.88 | +2.0% |
| 2004 | 2 | +6.6% |
| 2005 | 1.78 | -11.2% |
| 2006 | 1.85 | +4.2% |
| 2007 | 2.35 | +26.9% |
| 2008 | 2.67 | +13.9% |
| 2009 | 2.69 | +0.5% |
| 2010 | 2.35 | -12.6% |
| 2011 | 2.75 | +17.1% |
| 2012 | 2.87 | +4.5% |
| 2013 | 3.04 | +5.8% |
| 2014 | 3.11 | +2.4% |
| 2015 | 3.55 | +14.1% |
| 2016 | 3.86 | +8.7% |
| 2017 | 4.62 | +19.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.7943 | 0.6616 | 0.9417 | 10 |
| 1970s | 1.18 | 0.9794 | 1.39 | 10 |
| 1980s | 1.74 | 1.45 | 2.06 | 10 |
| 1990s | 1.88 | 1.6 | 2.38 | 10 |
| 2000s | 2.05 | 1.67 | 2.69 | 10 |
| 2010s | 3.27 | 2.35 | 4.62 | 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)
- Industry (including construction), value added (constant 2015 US$) 5.39 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1374 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,442 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 5.39 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 5.58 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 58,494 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 14.09 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5695 current US$ per US$ of GDP (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 4.62 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 4.62 in 2017.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in North Macedonia?
- The lowest recorded value was 0.6616 in 1960.
- How does North Macedonia rank for gross fixed capital formation, private sector, constant prices?
- North Macedonia ranks 120th 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 96.6%. 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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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.