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 in 2024. ▲ Rising
Latest (2024)
13,540
Change on year
up 5.9%
World rank
42nd
of 48 countries
All-time high
13,540
in 2024
All-time low
3,452
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.
Analysis
The most recent figure for gross value added at basic prices by nuts 3 region in North Macedonia is 13,540, 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 in 2024 and was at its lowest, 3,452, in 2000.
North Macedonia ranks 42nd of 48 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 | Value | Change |
|---|---|---|
| 2000 | 3,452 | — |
| 2001 | 3,510 | +1.7% |
| 2002 | 3,496 | -0.4% |
| 2003 | 3,790 | +8.4% |
| 2004 | 3,973 | +4.8% |
| 2005 | 4,321 | +8.8% |
| 2006 | 4,757 | +10.1% |
| 2007 | 5,253 | +10.4% |
| 2008 | 5,830 | +11.0% |
| 2009 | 5,848 | +0.3% |
| 2010 | 6,131 | +4.8% |
| 2011 | 6,491 | +5.9% |
| 2012 | 6,561 | +1.1% |
| 2013 | 7,091 | +8.1% |
| 2014 | 7,434 | +4.8% |
| 2015 | 7,927 | +6.6% |
| 2016 | 8,371 | +5.6% |
| 2017 | 8,700 | +3.9% |
| 2018 | 9,330 | +7.2% |
| 2019 | 9,779 | +4.8% |
| 2020 | 9,535 | -2.5% |
| 2021 | 10,224 | +7.2% |
| 2022 | 11,478 | +12.3% |
| 2023 | 12,785 | +11.4% |
| 2024 | 13,540 | +5.9% |
North Macedonia compared with similar countries
- North Macedonia's 13,540 is below the median for Europe & Central Asia, which is 246,571, 5% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,423 | 3,452 | 5,848 | 10 |
| 2010s | 7,782 | 6,131 | 9,779 | 10 |
| 2020s | 11,513 | 9,535 | 13,540 | 5 |
Countries ranked near North Macedonia
- 39 Cyprus 30,865 compare
- 40 Malta 20,480 compare
- 41 Albania 18,927 compare
- 42 North Macedonia 13,540 compare
- 44 Guadeloupe 10,901 compare
- 45 Martinique 9,806 compare
More economy & growth data for North Macedonia
- Real gdp growth, annual growth rate 16.47 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -77.1 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.1524 units per person (2025)
- SDRs holdings, SDR, annual growth rate -78.2 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.1113 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -4.71 % 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 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 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 in 2000.
- How does North Macedonia rank for gross value added at basic prices by nuts 3 region?
- North Macedonia ranks 42nd out of 48 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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