Gross value added at basic prices (GVA) (constant 2015 US$), per unit in North Macedonia

North Macedonia: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.5645 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.5645 constant 2015 US$ per US$ of GDP
Change on year
down 8.2%
World rank
170th
of 193 countries
All-time high
2.23 constant 2015 US$ per US$ of GDP
in 1992
All-time low
0.5645 constant 2015 US$ per US$ of GDP
in 2025
Years of data
36
1990–2025

Gross value added at basic prices (GVA) (constant 2015 US$), per unit in North Macedonia, 1990–2025

0.511.521990200720251990: 1.3 constant 2015 US$ per US$ of GDP1991: 1.2 constant 2015 US$ per US$ of GDP1992: 2.2 constant 2015 US$ per US$ of GDP1993: 1.9 constant 2015 US$ per US$ of GDP1994: 1.4 constant 2015 US$ per US$ of GDP1995: 1 constant 2015 US$ per US$ of GDP1996: 1.1 constant 2015 US$ per US$ of GDP1997: 1.3 constant 2015 US$ per US$ of GDP1998: 1.4 constant 2015 US$ per US$ of GDP1999: 1.4 constant 2015 US$ per US$ of GDP2000: 1.5 constant 2015 US$ per US$ of GDP2001: 1.5 constant 2015 US$ per US$ of GDP2002: 1.4 constant 2015 US$ per US$ of GDP2003: 1.2 constant 2015 US$ per US$ of GDP2004: 1.1 constant 2015 US$ per US$ of GDP2005: 1 constant 2015 US$ per US$ of GDP2006: 0.962 constant 2015 US$ per US$ of GDP2007: 0.839 constant 2015 US$ per US$ of GDP2008: 0.746 constant 2015 US$ per US$ of GDP2009: 0.784 constant 2015 US$ per US$ of GDP2010: 0.81 constant 2015 US$ per US$ of GDP2011: 0.74 constant 2015 US$ per US$ of GDP2012: 0.792 constant 2015 US$ per US$ of GDP2013: 0.741 constant 2015 US$ per US$ of GDP2014: 0.741 constant 2015 US$ per US$ of GDP2015: 0.874 constant 2015 US$ per US$ of GDP2016: 0.841 constant 2015 US$ per US$ of GDP2017: 0.801 constant 2015 US$ per US$ of GDP2018: 0.735 constant 2015 US$ per US$ of GDP2019: 0.768 constant 2015 US$ per US$ of GDP2020: 0.749 constant 2015 US$ per US$ of GDP2021: 0.688 constant 2015 US$ per US$ of GDP2022: 0.711 constant 2015 US$ per US$ of GDP2023: 0.643 constant 2015 US$ per US$ of GDP2024: 0.615 constant 2015 US$ per US$ of GDP2025: 0.565 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), per unit in North Macedonia is 0.5645 constant 2015 US$ per US$ of GDP, measured in 2025. That is the lowest value across all 36 years on record.

That represents a change of down 8.2% on the previous year and down 35.4% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in North Macedonia peaked at 2.23 constant 2015 US$ per US$ of GDP in 1992 and was at its lowest, 0.5645 constant 2015 US$ per US$ of GDP, in 2025.

North Macedonia ranks 170th of 193 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 36 years of available data.

Gross value added at basic prices (GVA) (constant 2015 US$), per unit in North Macedonia, year by year

Annual values for Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP in North Macedonia, 1990 to 2025.
Year constant 2015 US$ per US$ of GDP Change
1990 1.32 constant 2015 US$ per US$ of GDP
1991 1.18 constant 2015 US$ per US$ of GDP -10.7%
1992 2.23 constant 2015 US$ per US$ of GDP +89.4%
1993 1.88 constant 2015 US$ per US$ of GDP -15.9%
1994 1.39 constant 2015 US$ per US$ of GDP -26.0%
1995 1.04 constant 2015 US$ per US$ of GDP -25.2%
1996 1.07 constant 2015 US$ per US$ of GDP +2.6%
1997 1.3 constant 2015 US$ per US$ of GDP +22.4%
1998 1.4 constant 2015 US$ per US$ of GDP +7.2%
1999 1.43 constant 2015 US$ per US$ of GDP +1.9%
2000 1.52 constant 2015 US$ per US$ of GDP +6.6%
2001 1.5 constant 2015 US$ per US$ of GDP -1.0%
2002 1.41 constant 2015 US$ per US$ of GDP -6.6%
2003 1.17 constant 2015 US$ per US$ of GDP -16.7%
2004 1.07 constant 2015 US$ per US$ of GDP -8.9%
2005 1.01 constant 2015 US$ per US$ of GDP -5.4%
2006 0.962 constant 2015 US$ per US$ of GDP -4.7%
2007 0.8387 constant 2015 US$ per US$ of GDP -12.8%
2008 0.746 constant 2015 US$ per US$ of GDP -11.1%
2009 0.7839 constant 2015 US$ per US$ of GDP +5.1%
2010 0.8102 constant 2015 US$ per US$ of GDP +3.4%
2011 0.7404 constant 2015 US$ per US$ of GDP -8.6%
2012 0.792 constant 2015 US$ per US$ of GDP +7.0%
2013 0.7414 constant 2015 US$ per US$ of GDP -6.4%
2014 0.7411 constant 2015 US$ per US$ of GDP -0.0%
2015 0.8738 constant 2015 US$ per US$ of GDP +17.9%
2016 0.8407 constant 2015 US$ per US$ of GDP -3.8%
2017 0.8008 constant 2015 US$ per US$ of GDP -4.7%
2018 0.7348 constant 2015 US$ per US$ of GDP -8.2%
2019 0.7676 constant 2015 US$ per US$ of GDP +4.5%
2020 0.7491 constant 2015 US$ per US$ of GDP -2.4%
2021 0.6879 constant 2015 US$ per US$ of GDP -8.2%
2022 0.7111 constant 2015 US$ per US$ of GDP +3.4%
2023 0.6429 constant 2015 US$ per US$ of GDP -9.6%
2024 0.6148 constant 2015 US$ per US$ of GDP -4.4%
2025 0.5645 constant 2015 US$ per US$ of GDP -8.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.42 constant 2015 US$ per US$ of GDP 1.04 constant 2015 US$ per US$ of GDP 2.23 constant 2015 US$ per US$ of GDP 10
2000s 1.1 constant 2015 US$ per US$ of GDP 0.746 constant 2015 US$ per US$ of GDP 1.52 constant 2015 US$ per US$ of GDP 10
2010s 0.7843 constant 2015 US$ per US$ of GDP 0.7348 constant 2015 US$ per US$ of GDP 0.8738 constant 2015 US$ per US$ of GDP 10
2020s 0.6617 constant 2015 US$ per US$ of GDP 0.5645 constant 2015 US$ per US$ of GDP 0.7491 constant 2015 US$ per US$ of GDP 6

Countries ranked near North Macedonia

  1. 167 Russian Federation 0.589 constant 2015 US$ per US$ of GDP compare
  2. 168 Belarus 0.5827 constant 2015 US$ per US$ of GDP compare
  3. 169 Poland 0.5792 constant 2015 US$ per US$ of GDP compare
  4. 171 Croatia 0.5597 constant 2015 US$ per US$ of GDP compare
  5. 172 Latvia 0.5567 constant 2015 US$ per US$ of GDP compare
  6. 173 Bosnia and Herzegovina 0.5476 constant 2015 US$ per US$ of GDP compare

See the full ranking of 227 places →

More economy & growth data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is gross value added at basic prices (gva) (constant 2015 us$), per unit in North Macedonia?
Gross value added at basic prices (gva) (constant 2015 us$), per unit in North Macedonia was 0.5645 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in North Macedonia?
The highest recorded value was 2.23 constant 2015 US$ per US$ of GDP in 1992.
What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in North Macedonia?
The lowest recorded value was 0.5645 constant 2015 US$ per US$ of GDP in 2025.
How does North Macedonia rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
North Macedonia ranks 170th out of 193 countries with data for 2025.
Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in North Macedonia?
Over the last ten years it is down 35.4%. The long-run trend across the full record is falling.
Where does this North Macedonia data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant 2015 US$), per unit in North Macedonia. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-per-unit-of-gdp/north-macedonia/

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How this figure is calculated

Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)

Computed from

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

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,725 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.