Gross Fixed Capital Formation — Value Standard Local Currency, per in North Macedonia
North Macedonia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 8.83 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in North Macedonia, 1992–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in North Macedonia is 8.83 million SLC per square kilometre, measured in 2023. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 13.3% on the previous year and up 86.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in North Macedonia peaked at 8.83 million SLC per square kilometre in 2023 and was at its lowest, 0.119 million SLC per square kilometre, in 1992.
North Macedonia ranks 63rd 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 square kilometre | Change |
|---|---|---|
| 1992 | 0.119 million SLC per square kilometre | — |
| 1993 | 0.5692 million SLC per square kilometre | +378.2% |
| 1994 | 1.16 million SLC per square kilometre | +104.3% |
| 1995 | 1.45 million SLC per square kilometre | +24.8% |
| 1996 | 1.59 million SLC per square kilometre | +9.4% |
| 1997 | 1.67 million SLC per square kilometre | +5.2% |
| 1998 | 1.76 million SLC per square kilometre | +5.4% |
| 1999 | 1.8 million SLC per square kilometre | +2.1% |
| 2000 | 2 million SLC per square kilometre | +11.1% |
| 2001 | 2.2 million SLC per square kilometre | +10.0% |
| 2002 | 2.18 million SLC per square kilometre | -0.8% |
| 2003 | 2.13 million SLC per square kilometre | -2.1% |
| 2004 | 2.35 million SLC per square kilometre | +10.4% |
| 2005 | 2.33 million SLC per square kilometre | -1.3% |
| 2006 | 2.66 million SLC per square kilometre | +14.3% |
| 2007 | 3.36 million SLC per square kilometre | +26.5% |
| 2008 | 4.25 million SLC per square kilometre | +26.4% |
| 2009 | 4.05 million SLC per square kilometre | -4.7% |
| 2010 | 4.01 million SLC per square kilometre | -0.9% |
| 2011 | 4.35 million SLC per square kilometre | +8.4% |
| 2012 | 4.34 million SLC per square kilometre | -0.2% |
| 2013 | 4.73 million SLC per square kilometre | +9.1% |
| 2014 | 4.91 million SLC per square kilometre | +3.8% |
| 2015 | 5.3 million SLC per square kilometre | +7.8% |
| 2016 | 5.76 million SLC per square kilometre | +8.8% |
| 2017 | 5.53 million SLC per square kilometre | -4.1% |
| 2018 | 5.27 million SLC per square kilometre | -4.7% |
| 2019 | 5.8 million SLC per square kilometre | +10.1% |
| 2020 | 5.75 million SLC per square kilometre | -0.8% |
| 2021 | 6.81 million SLC per square kilometre | +18.4% |
| 2022 | 7.8 million SLC per square kilometre | +14.6% |
| 2023 | 8.83 million SLC per square kilometre | +13.3% |
North Macedonia compared with similar countries
- North Macedonia's 8.83 million SLC per square kilometre is above the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 4.2× the median. (54 countries reporting)
- North Macedonia's 8.83 million SLC per square kilometre is above the median for Europe & Central Asia, which is 1.89 million SLC per square kilometre, 4.7× 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 |
|---|---|---|---|
| 1993 | +378.2% | 0.119 million SLC per square kilometre | 0.5692 million SLC per square kilometre |
| 1994 | +104.3% | 0.5692 million SLC per square kilometre | 1.16 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.26 million SLC per square kilometre | 0.119 million SLC per square kilometre | 1.8 million SLC per square kilometre | 8 |
| 2000s | 2.75 million SLC per square kilometre | 2 million SLC per square kilometre | 4.25 million SLC per square kilometre | 10 |
| 2010s | 5 million SLC per square kilometre | 4.01 million SLC per square kilometre | 5.8 million SLC per square kilometre | 10 |
| 2020s | 7.3 million SLC per square kilometre | 5.75 million SLC per square kilometre | 8.83 million SLC per square kilometre | 4 |
Countries ranked near North Macedonia
- 60 Seychelles 10.73 million SLC per square kilometre compare
- 61 Iceland 10.36 million SLC per square kilometre compare
- 62 Nepal 9.36 million SLC per square kilometre compare
- 64 Djibouti 8.4 million SLC per square kilometre compare
- 65 Gabon 8.28 million SLC per square kilometre compare
- 66 Thailand 8.06 million SLC 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)
- 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 8.83 million SLC per square kilometre in 2023, 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 8.83 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in North Macedonia?
- The lowest recorded value was 0.119 million SLC per square kilometre in 1992.
- How does North Macedonia rank for gross fixed capital formation — value standard local currency, per?
- North Macedonia ranks 63rd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in North Macedonia?
- Over the last ten years it is up 86.6%. 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 — Value Standard Local Currency, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 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 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 — Value Standard Local Currency ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local 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.