Gross Fixed Capital: Value Standard … 2015 Standard Local Currency in North Macedonia
North Macedonia: Gross Fixed Capital: Value Standard … 2015 Standard Local Currency was 163,590 million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in North Macedonia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
North Macedonia recorded 163,590 million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024.
That represents a change of up 1.6% on the previous year and up 35.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in North Macedonia peaked at 166,845 million SLC in 2017 and was at its lowest, 59,550 million SLC, in 1994.
North Macedonia ranks 107th of 222 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Gross Fixed Capital: Value Standard … 2015 Standard Local Currency in North Macedonia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1990 | 88,316 million SLC | — |
| 1991 | 85,054 million SLC | -3.7% |
| 1992 | 70,745 million SLC | -16.8% |
| 1993 | 65,144 million SLC | -7.9% |
| 1994 | 59,550 million SLC | -8.6% |
| 1995 | 65,620 million SLC | +10.2% |
| 1996 | 69,898 million SLC | +6.5% |
| 1997 | 66,886 million SLC | -4.3% |
| 1998 | 65,158 million SLC | -2.6% |
| 1999 | 64,215 million SLC | -1.4% |
| 2000 | 63,263 million SLC | -1.5% |
| 2001 | 69,414 million SLC | +9.7% |
| 2002 | 69,343 million SLC | -0.1% |
| 2003 | 66,239 million SLC | -4.5% |
| 2004 | 71,454 million SLC | +7.9% |
| 2005 | 64,097 million SLC | -10.3% |
| 2006 | 68,377 million SLC | +6.7% |
| 2007 | 80,312 million SLC | +17.5% |
| 2008 | 94,586 million SLC | +17.8% |
| 2009 | 97,124 million SLC | +2.7% |
| 2010 | 93,214 million SLC | -4.0% |
| 2011 | 105,602 million SLC | +13.3% |
| 2012 | 112,416 million SLC | +6.5% |
| 2013 | 116,308 million SLC | +3.5% |
| 2014 | 120,966 million SLC | +4.0% |
| 2015 | 133,627 million SLC | +10.5% |
| 2016 | 146,815 million SLC | +9.9% |
| 2017 | 166,845 million SLC | +13.6% |
| 2018 | 129,642 million SLC | -22.3% |
| 2019 | 140,911 million SLC | +8.7% |
| 2020 | 141,473 million SLC | +0.4% |
| 2021 | 146,801 million SLC | +3.8% |
| 2022 | 152,229 million SLC | +3.7% |
| 2023 | 160,975 million SLC | +5.7% |
| 2024 | 163,590 million SLC | +1.6% |
North Macedonia compared with similar countries
- North Macedonia's 163,590 million SLC is above the median for upper middle income countries, which is 139,182 million SLC, 1.2× the median. (54 countries reporting)
- North Macedonia's 163,590 million SLC is above the median for Europe & Central Asia, which is 93,351 million SLC, 1.8× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 70,059 million SLC | 59,550 million SLC | 88,316 million SLC | 10 |
| 2000s | 74,421 million SLC | 63,263 million SLC | 97,124 million SLC | 10 |
| 2010s | 126,635 million SLC | 93,214 million SLC | 166,845 million SLC | 10 |
| 2020s | 153,014 million SLC | 141,473 million SLC | 163,590 million SLC | 5 |
Countries ranked near North Macedonia
- 104 Switzerland 189,546 million SLC compare
- 105 Djibouti 172,839 million SLC compare
- 106 Netherlands (Kingdom of the) 169,643 million SLC compare
- 108 Peru 162,141 million SLC compare
- 109 Honduras 149,001 million SLC compare
- 110 French Polynesia 139,750 million SLC compare
More economy & growth data for North Macedonia
- Real gdp growth, annual growth rate 16.47 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in North Macedonia?
- Gross fixed capital formation — value standard local currency, 2015 in North Macedonia was 163,590 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in North Macedonia?
- The highest recorded value was 166,845 million SLC in 2017.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in North Macedonia?
- The lowest recorded value was 59,550 million SLC in 1994.
- How does North Macedonia rank for gross fixed capital formation — value standard local currency, 2015?
- North Macedonia ranks 107th out of 222 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in North Macedonia?
- Over the last ten years it is up 35.2%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).