Gross Fixed Capital Formation — Value US$, per square kilometre in North Macedonia
North Macedonia: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.1551 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, per square kilometre in North Macedonia, 1992–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value us$, per square kilometre in North Macedonia is 0.1551 million USD per square kilometre, measured in 2023. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 16.5% on the previous year and up 52.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in North Macedonia peaked at 0.1551 million USD per square kilometre in 2023 and was at its lowest, 0.0234 million USD per square kilometre, in 1992.
North Macedonia ranks 93rd of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in North Macedonia, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1992 | 0.0234 million USD per square kilometre | — |
| 1993 | 0.0245 million USD per square kilometre | +4.6% |
| 1994 | 0.0269 million USD per square kilometre | +9.8% |
| 1995 | 0.0383 million USD per square kilometre | +42.5% |
| 1996 | 0.0397 million USD per square kilometre | +3.6% |
| 1997 | 0.0334 million USD per square kilometre | -15.9% |
| 1998 | 0.0323 million USD per square kilometre | -3.2% |
| 1999 | 0.0316 million USD per square kilometre | -2.2% |
| 2000 | 0.0303 million USD per square kilometre | -4.0% |
| 2001 | 0.0323 million USD per square kilometre | +6.5% |
| 2002 | 0.0338 million USD per square kilometre | +4.9% |
| 2003 | 0.0393 million USD per square kilometre | +16.0% |
| 2004 | 0.0477 million USD per square kilometre | +21.3% |
| 2005 | 0.0472 million USD per square kilometre | -1.0% |
| 2006 | 0.0545 million USD per square kilometre | +15.4% |
| 2007 | 0.0752 million USD per square kilometre | +38.1% |
| 2008 | 0.1015 million USD per square kilometre | +35.0% |
| 2009 | 0.0918 million USD per square kilometre | -9.5% |
| 2010 | 0.0863 million USD per square kilometre | -6.0% |
| 2011 | 0.0983 million USD per square kilometre | +13.9% |
| 2012 | 0.0906 million USD per square kilometre | -7.8% |
| 2013 | 0.102 million USD per square kilometre | +12.6% |
| 2014 | 0.1058 million USD per square kilometre | +3.7% |
| 2015 | 0.0954 million USD per square kilometre | -9.9% |
| 2016 | 0.1034 million USD per square kilometre | +8.4% |
| 2017 | 0.1011 million USD per square kilometre | -2.2% |
| 2018 | 0.1011 million USD per square kilometre | -0.1% |
| 2019 | 0.1055 million USD per square kilometre | +4.4% |
| 2020 | 0.1062 million USD per square kilometre | +0.7% |
| 2021 | 0.1306 million USD per square kilometre | +23.0% |
| 2022 | 0.1331 million USD per square kilometre | +1.9% |
| 2023 | 0.1551 million USD per square kilometre | +16.5% |
North Macedonia compared with similar countries
- North Macedonia's 0.1551 million USD per square kilometre is above the median for upper middle income countries, which is 0.126 million USD per square kilometre, 1.2× the median. (54 countries reporting)
- North Macedonia's 0.1551 million USD per square kilometre is below the median for Europe & Central Asia, which is 0.3249 million USD per square kilometre, 48% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0312 million USD per square kilometre | 0.0234 million USD per square kilometre | 0.0397 million USD per square kilometre | 8 |
| 2000s | 0.0554 million USD per square kilometre | 0.0303 million USD per square kilometre | 0.1015 million USD per square kilometre | 10 |
| 2010s | 0.099 million USD per square kilometre | 0.0863 million USD per square kilometre | 0.1058 million USD per square kilometre | 10 |
| 2020s | 0.1313 million USD per square kilometre | 0.1062 million USD per square kilometre | 0.1551 million USD per square kilometre | 4 |
Countries ranked near North Macedonia
- 90 New Caledonia 0.1631 million USD per square kilometre compare
- 91 Sao Tome and Principe 0.1581 million USD per square kilometre compare
- 92 Guatemala 0.1577 million USD per square kilometre compare
- 94 Rwanda 0.1548 million USD per square kilometre compare
- 95 Nigeria 0.1456 million USD per square kilometre compare
- 96 Cuba 0.1436 million USD 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$), annual growth rate 10.51 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in North Macedonia?
- Gross fixed capital formation — value us$, per square kilometre in North Macedonia was 0.1551 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in North Macedonia?
- The highest recorded value was 0.1551 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in North Macedonia?
- The lowest recorded value was 0.0234 million USD per square kilometre in 1992.
- How does North Macedonia rank for gross fixed capital formation — value us$, per square kilometre?
- North Macedonia ranks 93rd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in North Macedonia?
- Over the last ten years it is up 52.1%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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 US$ 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 US$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ 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 US$ 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.