Gross fixed capital formation, Private sector, Current prices in North Macedonia

North Macedonia: Gross fixed capital formation, Private sector, Current prices was 0.8919 % change on previous year in 2017. ◆ Volatile

Latest (2017)
0.8919 % change on previous year
Change on year
down 88.4%
World rank
129th
of 174 countries
All-time high
378.2 % change on previous year
in 1993
All-time low
-9.81 % change on previous year
in 2010
Years of data
26
1991–2017

Gross fixed capital formation, Private sector, Current prices in North Macedonia, 1991–2017

01002003004001991200420171991: 86.5 % change on previous year1993: 378.2 % change on previous year1994: 104.3 % change on previous year1995: 24.8 % change on previous year1996: 9.4 % change on previous year1997: 5.2 % change on previous year1998: 5.4 % change on previous year1999: 2.1 % change on previous year2000: 9.2 % change on previous year2001: 5.1 % change on previous year2002: 4 % change on previous year2003: 4.6 % change on previous year2004: 9.1 % change on previous year2005: -2.3 % change on previous year2006: 11.6 % change on previous year2007: 35.6 % change on previous year2008: 22.2 % change on previous year2009: -6.7 % change on previous year2010: -9.8 % change on previous year2011: 12 % change on previous year2012: -2 % change on previous year2013: 11.5 % change on previous year2014: 2.2 % change on previous year2015: 11.3 % change on previous year2016: 7.7 % change on previous year2017: 0.892 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation, private sector, current prices in North Macedonia is 0.8919 % change on previous year, measured in 2017.

That represents a change of down 88.4% on the previous year and down 97.5% over ten years.

Over the whole period, gross fixed capital formation, private sector, current prices in North Macedonia peaked at 378.2 % change on previous year in 1993 and was at its lowest, -9.81 % change on previous year, in 2010.

North Macedonia ranks 129th of 174 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross fixed capital formation, Private sector, Current prices in North Macedonia, year by year

Annual values for Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate in North Macedonia, 1991 to 2017.
Year % change on previous year Change
1991 86.54 % change on previous year —
1993 378.2 % change on previous year +337.0%
1994 104.3 % change on previous year -72.4%
1995 24.78 % change on previous year -76.2%
1996 9.37 % change on previous year -62.2%
1997 5.16 % change on previous year -44.9%
1998 5.41 % change on previous year +4.9%
1999 2.14 % change on previous year -60.5%
2000 9.22 % change on previous year +330.5%
2001 5.13 % change on previous year -44.4%
2002 3.99 % change on previous year -22.1%
2003 4.64 % change on previous year +16.2%
2004 9.11 % change on previous year +96.3%
2005 -2.25 % change on previous year -124.7%
2006 11.6 % change on previous year -615.4%
2007 35.61 % change on previous year +207.0%
2008 22.19 % change on previous year -37.7%
2009 -6.75 % change on previous year -130.4%
2010 -9.81 % change on previous year +45.3%
2011 12.04 % change on previous year -222.7%
2012 -2.03 % change on previous year -116.8%
2013 11.55 % change on previous year -669.9%
2014 2.2 % change on previous year -81.0%
2015 11.32 % change on previous year +415.7%
2016 7.69 % change on previous year -32.0%
2017 0.8919 % change on previous year -88.4%

North Macedonia compared with similar countries

  • North Macedonia's 0.8919 % change on previous year is below the median for upper middle income countries, which is 5.31 % change on previous year, 17% of the median. (50 countries reporting)
  • North Macedonia's 0.8919 % change on previous year is below the median for Europe & Central Asia, which is 6.65 % change on previous year, 13% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Gross fixed capital formation, Private sector, Current 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.

YearChange FromTo
2013 +669.9% -2.03 % change on previous year 11.55 % change on previous year
2006 +615.4% -2.25 % change on previous year 11.6 % change on previous year
2015 +415.7% 2.2 % change on previous year 11.32 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 76.99 % change on previous year 2.14 % change on previous year 378.2 % change on previous year 8
2000s 9.25 % change on previous year -6.75 % change on previous year 35.61 % change on previous year 10
2010s 4.23 % change on previous year -9.81 % change on previous year 12.04 % change on previous year 8

Countries ranked near North Macedonia

  1. 126 Finland 1.48 % change on previous year compare
  2. 127 Italy 1.44 % change on previous year compare
  3. 128 Switzerland 0.9592 % change on previous year compare
  4. 130 India 0.7364 % change on previous year compare
  5. 131 Singapore 0.6397 % change on previous year compare
  6. 132 Sweden 0.4924 % change on previous year compare

See the full ranking of 174 places →

More economy & growth data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is gross fixed capital formation, private sector, current prices in North Macedonia?
Gross fixed capital formation, private sector, current prices in North Macedonia was 0.8919 % change on previous year in 2017, according to Statizoid (derived).
What is the highest gross fixed capital formation, private sector, current prices recorded in North Macedonia?
The highest recorded value was 378.2 % change on previous year in 1993.
What is the lowest gross fixed capital formation, private sector, current prices recorded in North Macedonia?
The lowest recorded value was -9.81 % change on previous year in 2010.
How does North Macedonia rank for gross fixed capital formation, private sector, current prices?
North Macedonia ranks 129th out of 174 countries with data for 2017.
Is gross fixed capital formation, private sector, current prices rising or falling in North Macedonia?
Over the last ten years it is down 97.5%. 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, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross fixed capital formation, Private sector, Current prices in North Macedonia. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-private-sector-current-prices-domestic-currency-annual/north-macedonia/

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How this figure is calculated

The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
174 places, 7,735 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.