Gross savings in North Macedonia
North Macedonia: Gross savings was 27.5% in 2025. ▲ Rising
Gross savings in North Macedonia, 1996–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for gross savings in North Macedonia is 27.5%, measured in 2025.
Compared with earlier readings it is down 3.2% on the previous year and down 3.9% over ten years.
Over the whole period, gross savings in North Macedonia peaked at 32.7% in 2018 and was at its lowest, 3.9%, in 1998.
North Macedonia ranks 55th of 178 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Gross savings in North Macedonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1996 | 12.2% | — |
| 1997 | 6.0% | -50.4% |
| 1998 | 3.9% | -35.9% |
| 1999 | 7.2% | +86.8% |
| 2000 | 21.9% | +202.1% |
| 2001 | 12.6% | -42.3% |
| 2002 | 13.1% | +3.3% |
| 2003 | 15.7% | +20.3% |
| 2004 | 14.6% | -7.3% |
| 2005 | 18.6% | +27.3% |
| 2006 | 21.9% | +18.0% |
| 2007 | 17.6% | -19.5% |
| 2008 | 16.2% | -8.2% |
| 2009 | 20.4% | +26.0% |
| 2010 | 23.8% | +16.6% |
| 2011 | 25.9% | +8.7% |
| 2012 | 26.7% | +3.1% |
| 2013 | 27.4% | +2.7% |
| 2014 | 29.9% | +9.1% |
| 2015 | 28.7% | -4.0% |
| 2016 | 30.3% | +5.6% |
| 2017 | 31.9% | +5.3% |
| 2018 | 32.7% | +2.6% |
| 2019 | 31.8% | -2.7% |
| 2020 | 27.1% | -14.8% |
| 2021 | 29.1% | +7.3% |
| 2022 | 29.9% | +2.8% |
| 2023 | 30.0% | +0.1% |
| 2024 | 28.4% | -5.0% |
| 2025 | 27.5% | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.3% | 3.9% | 12.2% | 4 |
| 2000s | 17.3% | 12.6% | 21.9% | 10 |
| 2010s | 28.9% | 23.8% | 32.7% | 10 |
| 2020s | 28.7% | 27.1% | 30.0% | 6 |
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 6.68 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.536 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 5,623 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -19.44 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -14.77 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 6.39 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 3.27 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 34,264 current LCU per person (2025)
Frequently asked questions
- What is gross savings in North Macedonia?
- Gross savings in North Macedonia was 27.5% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in North Macedonia?
- The highest recorded value was 32.7% in 2018.
- What is the lowest gross savings recorded in North Macedonia?
- The lowest recorded value was 3.9% in 1998.
- How does North Macedonia rank for gross savings?
- North Macedonia ranks 55th out of 178 countries with data for 2025.
- Is gross savings rising or falling in North Macedonia?
- Over the last ten years it is down 3.9%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.