Gross Fixed Capital Formation — Value Standard Local Currency, per in North Macedonia
North Macedonia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.1304 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in North Macedonia, 1990–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross fixed capital formation — value standard local currency, per in North Macedonia stood at 0.1304 million SLC per person. That is the highest value across all 35 years on record.
The figure is up 7.0% on the previous year and up 101.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in North Macedonia peaked at 0.1304 million SLC per person in 2024 and was at its lowest, 0.0001 million SLC per person, in 1990.
North Macedonia ranks 56th of 194 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 — Value Standard Local Currency, per in North Macedonia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1990 | 0.0001 million SLC per person | — |
| 1991 | 0.0001 million SLC per person | +87.2% |
| 1992 | 0.0015 million SLC per person | +1234.0% |
| 1993 | 0.0072 million SLC per person | +384.3% |
| 1994 | 0.0148 million SLC per person | +105.8% |
| 1995 | 0.0185 million SLC per person | +24.4% |
| 1996 | 0.0201 million SLC per person | +8.6% |
| 1997 | 0.0213 million SLC per person | +6.0% |
| 1998 | 0.0223 million SLC per person | +4.9% |
| 1999 | 0.0227 million SLC per person | +1.7% |
| 2000 | 0.0251 million SLC per person | +10.6% |
| 2001 | 0.0274 million SLC per person | +9.5% |
| 2002 | 0.0274 million SLC per person | -0.1% |
| 2003 | 0.0268 million SLC per person | -2.2% |
| 2004 | 0.0297 million SLC per person | +10.7% |
| 2005 | 0.0295 million SLC per person | -0.7% |
| 2006 | 0.0339 million SLC per person | +14.9% |
| 2007 | 0.0428 million SLC per person | +26.3% |
| 2008 | 0.0544 million SLC per person | +27.1% |
| 2009 | 0.0521 million SLC per person | -4.1% |
| 2010 | 0.052 million SLC per person | -0.3% |
| 2011 | 0.0566 million SLC per person | +8.8% |
| 2012 | 0.0567 million SLC per person | +0.2% |
| 2013 | 0.0621 million SLC per person | +9.5% |
| 2014 | 0.0646 million SLC per person | +4.1% |
| 2015 | 0.0699 million SLC per person | +8.1% |
| 2016 | 0.0763 million SLC per person | +9.2% |
| 2017 | 0.0734 million SLC per person | -3.7% |
| 2018 | 0.0703 million SLC per person | -4.3% |
| 2019 | 0.0779 million SLC per person | +10.8% |
| 2020 | 0.0781 million SLC per person | +0.3% |
| 2021 | 0.0934 million SLC per person | +19.6% |
| 2022 | 0.1074 million SLC per person | +14.9% |
| 2023 | 0.1219 million SLC per person | +13.5% |
| 2024 | 0.1304 million SLC per person | +7.0% |
North Macedonia compared with similar countries
- North Macedonia's 0.1304 million SLC per person is above the median for upper middle income countries, which is 0.0292 million SLC per person, 4.5× the median. (54 countries reporting)
- North Macedonia's 0.1304 million SLC per person is above the median for Europe & Central Asia, which is 0.0141 million SLC per person, 9.3× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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 |
|---|---|---|---|
| 1992 | +1234.0% | 0.0001 million SLC per person | 0.0015 million SLC per person |
| 1993 | +384.3% | 0.0015 million SLC per person | 0.0072 million SLC per person |
| 1994 | +105.8% | 0.0072 million SLC per person | 0.0148 million SLC per person |
| 1991 | +87.2% | 0.0001 million SLC per person | 0.0001 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0128 million SLC per person | 0.0001 million SLC per person | 0.0227 million SLC per person | 10 |
| 2000s | 0.0349 million SLC per person | 0.0251 million SLC per person | 0.0544 million SLC per person | 10 |
| 2010s | 0.066 million SLC per person | 0.052 million SLC per person | 0.0779 million SLC per person | 10 |
| 2020s | 0.1062 million SLC per person | 0.0781 million SLC per person | 0.1304 million SLC per person | 5 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 400.07 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0209 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 219.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 675.78 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -36.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0354 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 371.12 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 10.51 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in North Macedonia?
- Gross fixed capital formation — value standard local currency, per in North Macedonia was 0.1304 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in North Macedonia?
- The highest recorded value was 0.1304 million SLC per person in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in North Macedonia?
- The lowest recorded value was 0.0001 million SLC per person in 1990.
- How does North Macedonia rank for gross fixed capital formation — value standard local currency, per?
- North Macedonia ranks 56th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in North Macedonia?
- Over the last ten years it is up 101.7%. 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 — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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 — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.