Gross value added at basic prices by NUTS 3 region in North Macedonia
North Macedonia: Gross value added at basic prices by NUTS 3 region was 13,540 Current prices, million euro in 2024. ▲ Rising
Latest (2024)
13,540 Current prices, million euro
Change on year
up 5.9%
World rank
41st
of 46 countries
All-time high
13,540 Current prices, million euro
in 2024
All-time low
3,452 Current prices, million euro
in 2000
Years of data
25
2000–2024
Gross value added at basic prices by NUTS 3 region in North Macedonia, 2000–2024
Source: Eurostat. Measured in Current prices, million euro.
Analysis
The most recent figure for gross value added at basic prices by nuts 3 region in North Macedonia is 13,540 Current prices, million euro, measured in 2024. That is the highest value across all 25 years on record.
The figure is up 5.9% on the previous year and up 82.1% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in North Macedonia peaked at 13,540 Current prices, million euro in 2024 and was at its lowest, 3,452 Current prices, million euro, in 2000.
North Macedonia ranks 41st of 46 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross value added at basic prices by NUTS 3 region in North Macedonia, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 3,452 Current prices, million euro | — |
| 2001 | 3,510 Current prices, million euro | +1.7% |
| 2002 | 3,496 Current prices, million euro | -0.4% |
| 2003 | 3,790 Current prices, million euro | +8.4% |
| 2004 | 3,973 Current prices, million euro | +4.8% |
| 2005 | 4,321 Current prices, million euro | +8.8% |
| 2006 | 4,757 Current prices, million euro | +10.1% |
| 2007 | 5,253 Current prices, million euro | +10.4% |
| 2008 | 5,830 Current prices, million euro | +11.0% |
| 2009 | 5,848 Current prices, million euro | +0.3% |
| 2010 | 6,131 Current prices, million euro | +4.8% |
| 2011 | 6,491 Current prices, million euro | +5.9% |
| 2012 | 6,561 Current prices, million euro | +1.1% |
| 2013 | 7,091 Current prices, million euro | +8.1% |
| 2014 | 7,434 Current prices, million euro | +4.8% |
| 2015 | 7,927 Current prices, million euro | +6.6% |
| 2016 | 8,371 Current prices, million euro | +5.6% |
| 2017 | 8,700 Current prices, million euro | +3.9% |
| 2018 | 9,330 Current prices, million euro | +7.2% |
| 2019 | 9,779 Current prices, million euro | +4.8% |
| 2020 | 9,535 Current prices, million euro | -2.5% |
| 2021 | 10,224 Current prices, million euro | +7.2% |
| 2022 | 11,478 Current prices, million euro | +12.3% |
| 2023 | 12,785 Current prices, million euro | +11.4% |
| 2024 | 13,540 Current prices, million euro | +5.9% |
North Macedonia compared with similar countries
- North Macedonia's 13,540 Current prices, million euro is below the median for Europe & Central Asia, which is 246,571 Current prices, million euro, 5% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,423 Current prices, million euro | 3,452 Current prices, million euro | 5,848 Current prices, million euro | 10 |
| 2010s | 7,782 Current prices, million euro | 6,131 Current prices, million euro | 9,779 Current prices, million euro | 10 |
| 2020s | 11,513 Current prices, million euro | 9,535 Current prices, million euro | 13,540 Current prices, million euro | 5 |
Countries ranked near North Macedonia
- 38 Cyprus 30,865 Current prices, million euro compare
- 39 Malta 20,480 Current prices, million euro compare
- 40 Albania 18,927 Current prices, million euro compare
- 42 Guadeloupe 10,901 Current prices, million euro compare
- 43 Martinique 9,806 Current prices, million euro compare
- 44 Montenegro 6,073 Current prices, million euro 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 value added at basic prices by nuts 3 region in North Macedonia?
- Gross value added at basic prices by nuts 3 region in North Macedonia was 13,540 Current prices, million euro in 2024, according to Eurostat.
- What is the highest gross value added at basic prices by nuts 3 region recorded in North Macedonia?
- The highest recorded value was 13,540 Current prices, million euro in 2024.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in North Macedonia?
- The lowest recorded value was 3,452 Current prices, million euro in 2000.
- How does North Macedonia rank for gross value added at basic prices by nuts 3 region?
- North Macedonia ranks 41st out of 46 countries with data for 2024.
- Is gross value added at basic prices by nuts 3 region rising or falling in North Macedonia?
- Over the last ten years it is up 82.1%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Eurostat, published as part of Gross value added at basic prices by NUTS 3 region. Statizoid updates them automatically from the source API.
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