Gross fixed capital formation, Private … square kilometre Domestic in North Macedonia
North Macedonia: Gross fixed capital formation, Private … square kilometre Domestic was 0.0043 units per square kilometre in 2017. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in North Macedonia, 1992–2017
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
The most recent figure for gross fixed capital formation, private sector, current prices in North Macedonia is 0.0043 units per square kilometre, measured in 2017. That is the highest value across all 26 years on record.
The figure is up 0.9% on the previous year and up 55.6% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in North Macedonia peaked at 0.0043 units per square kilometre in 2017 and was at its lowest, 0.0001 units per square kilometre, in 1992.
North Macedonia ranks 65th of 171 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 … square kilometre Domestic in North Macedonia, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1992 | 0.0001 units per square kilometre | — |
| 1993 | 0.0004 units per square kilometre | +378.2% |
| 1994 | 0.0009 units per square kilometre | +104.3% |
| 1995 | 0.0011 units per square kilometre | +24.8% |
| 1996 | 0.0012 units per square kilometre | +9.4% |
| 1997 | 0.0013 units per square kilometre | +5.2% |
| 1998 | 0.0013 units per square kilometre | +5.4% |
| 1999 | 0.0014 units per square kilometre | +2.1% |
| 2000 | 0.0015 units per square kilometre | +9.2% |
| 2001 | 0.0016 units per square kilometre | +5.1% |
| 2002 | 0.0016 units per square kilometre | +4.0% |
| 2003 | 0.0017 units per square kilometre | +4.6% |
| 2004 | 0.0019 units per square kilometre | +9.1% |
| 2005 | 0.0018 units per square kilometre | -2.3% |
| 2006 | 0.002 units per square kilometre | +11.6% |
| 2007 | 0.0028 units per square kilometre | +36.7% |
| 2008 | 0.0034 units per square kilometre | +22.2% |
| 2009 | 0.0032 units per square kilometre | -6.7% |
| 2010 | 0.0029 units per square kilometre | -9.8% |
| 2011 | 0.0032 units per square kilometre | +12.0% |
| 2012 | 0.0031 units per square kilometre | -2.0% |
| 2013 | 0.0035 units per square kilometre | +11.5% |
| 2014 | 0.0036 units per square kilometre | +2.2% |
| 2015 | 0.004 units per square kilometre | +11.3% |
| 2016 | 0.0043 units per square kilometre | +7.7% |
| 2017 | 0.0043 units per square kilometre | +0.9% |
North Macedonia compared with similar countries
- North Macedonia's 0.0043 units per square kilometre is above the median for upper middle income countries, which is 0.0018 units per square kilometre, 2.4× the median. (50 countries reporting)
- North Macedonia's 0.0043 units per square kilometre is above the median for Europe & Central Asia, which is 0.0011 units per square kilometre, 3.9× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private … square kilometre Domestic 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 |
|---|---|---|---|
| 1993 | +378.2% | 0.0001 units per square kilometre | 0.0004 units per square kilometre |
| 1994 | +104.3% | 0.0004 units per square kilometre | 0.0009 units per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.001 units per square kilometre | 0.0001 units per square kilometre | 0.0014 units per square kilometre | 8 |
| 2000s | 0.0021 units per square kilometre | 0.0015 units per square kilometre | 0.0034 units per square kilometre | 10 |
| 2010s | 0.0036 units per square kilometre | 0.0029 units per square kilometre | 0.0043 units per square kilometre | 8 |
Countries ranked near North Macedonia
- 62 Bahrain 0.0047 units per square kilometre compare
- 63 Djibouti 0.0044 units per square kilometre compare
- 64 Congo 0.0043 units per square kilometre compare
- 66 Netherlands 0.0042 units per square kilometre compare
- 67 Switzerland 0.0041 units per square kilometre compare
- 68 Malawi 0.0038 units per square kilometre 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)
- SDRs holdings, US dollar, annual growth rate -77.1 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.1524 units per person (2025)
- SDRs holdings, SDR, annual growth rate -78.2 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.1113 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -4.71 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0246 units per US$ of GDP (2025)
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 0.0043 units per square kilometre 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 0.0043 units per square kilometre in 2017.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in North Macedonia?
- The lowest recorded value was 0.0001 units per square kilometre in 1992.
- How does North Macedonia rank for gross fixed capital formation, private sector, current prices?
- North Macedonia ranks 65th out of 171 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 up 55.6%. 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, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed capital formation, Private sector, Current prices, Domestic currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation, Private sector, Current prices, Domestic currency ÷ Land area (sq. km)
Computed from
- Gross fixed capital formation, Private sector, Current prices International Monetary Fund
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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, Private sector, Current prices, Domestic currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.