Gross value added at basic prices (GVA) (constant LCU), per unit of in North Macedonia

North Macedonia: Gross value added at basic prices (GVA) (constant LCU), per unit of was 23.68 constant LCU per US$ of GDP in 2025. ▼ Falling

Latest (2025)
23.68 constant LCU per US$ of GDP
Change on year
down 8.2%
World rank
70th
of 196 countries
All-time high
93.67 constant LCU per US$ of GDP
in 1992
All-time low
23.68 constant LCU per US$ of GDP
in 2025
Years of data
36
1990–2025

Gross value added at basic prices (GVA) (constant LCU), per unit of in North Macedonia, 1990–2025

204060801001990200720251990: 55.4 constant LCU per US$ of GDP1991: 49.5 constant LCU per US$ of GDP1992: 93.7 constant LCU per US$ of GDP1993: 78.7 constant LCU per US$ of GDP1994: 58.3 constant LCU per US$ of GDP1995: 43.6 constant LCU per US$ of GDP1996: 44.7 constant LCU per US$ of GDP1997: 54.7 constant LCU per US$ of GDP1998: 58.7 constant LCU per US$ of GDP1999: 59.8 constant LCU per US$ of GDP2000: 63.8 constant LCU per US$ of GDP2001: 63.1 constant LCU per US$ of GDP2002: 58.9 constant LCU per US$ of GDP2003: 49.1 constant LCU per US$ of GDP2004: 44.7 constant LCU per US$ of GDP2005: 42.3 constant LCU per US$ of GDP2006: 40.3 constant LCU per US$ of GDP2007: 35.2 constant LCU per US$ of GDP2008: 31.3 constant LCU per US$ of GDP2009: 32.9 constant LCU per US$ of GDP2010: 34 constant LCU per US$ of GDP2011: 31.1 constant LCU per US$ of GDP2012: 33.2 constant LCU per US$ of GDP2013: 31.1 constant LCU per US$ of GDP2014: 31.1 constant LCU per US$ of GDP2015: 36.6 constant LCU per US$ of GDP2016: 35.3 constant LCU per US$ of GDP2017: 33.6 constant LCU per US$ of GDP2018: 30.8 constant LCU per US$ of GDP2019: 32.2 constant LCU per US$ of GDP2020: 31.4 constant LCU per US$ of GDP2021: 28.9 constant LCU per US$ of GDP2022: 29.8 constant LCU per US$ of GDP2023: 27 constant LCU per US$ of GDP2024: 25.8 constant LCU per US$ of GDP2025: 23.7 constant LCU per US$ of GDP

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

Analysis

In 2025, gross value added at basic prices (gva) (constant lcu), per unit of in North Macedonia stood at 23.68 constant LCU per US$ of GDP. That is the lowest value across all 36 years on record.

Compared with earlier readings it is 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 lcu), per unit of in North Macedonia peaked at 93.67 constant LCU per US$ of GDP in 1992 and was at its lowest, 23.68 constant LCU per US$ of GDP, in 2025.

North Macedonia ranks 70th of 196 countries on this measure, in the middle of the range.

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

Gross value added at basic prices (GVA) (constant LCU), per unit of in North Macedonia, year by year

Annual values for Gross value added at basic prices (GVA) (constant LCU), per unit of GDP in North Macedonia, 1990 to 2025.
Year constant LCU per US$ of GDP Change
1990 55.4 constant LCU per US$ of GDP
1991 49.46 constant LCU per US$ of GDP -10.7%
1992 93.67 constant LCU per US$ of GDP +89.4%
1993 78.73 constant LCU per US$ of GDP -15.9%
1994 58.29 constant LCU per US$ of GDP -26.0%
1995 43.59 constant LCU per US$ of GDP -25.2%
1996 44.72 constant LCU per US$ of GDP +2.6%
1997 54.72 constant LCU per US$ of GDP +22.4%
1998 58.68 constant LCU per US$ of GDP +7.2%
1999 59.82 constant LCU per US$ of GDP +1.9%
2000 63.75 constant LCU per US$ of GDP +6.6%
2001 63.09 constant LCU per US$ of GDP -1.0%
2002 58.93 constant LCU per US$ of GDP -6.6%
2003 49.11 constant LCU per US$ of GDP -16.7%
2004 44.73 constant LCU per US$ of GDP -8.9%
2005 42.32 constant LCU per US$ of GDP -5.4%
2006 40.35 constant LCU per US$ of GDP -4.7%
2007 35.18 constant LCU per US$ of GDP -12.8%
2008 31.29 constant LCU per US$ of GDP -11.1%
2009 32.88 constant LCU per US$ of GDP +5.1%
2010 33.98 constant LCU per US$ of GDP +3.4%
2011 31.05 constant LCU per US$ of GDP -8.6%
2012 33.22 constant LCU per US$ of GDP +7.0%
2013 31.1 constant LCU per US$ of GDP -6.4%
2014 31.08 constant LCU per US$ of GDP -0.0%
2015 36.65 constant LCU per US$ of GDP +17.9%
2016 35.26 constant LCU per US$ of GDP -3.8%
2017 33.59 constant LCU per US$ of GDP -4.7%
2018 30.82 constant LCU per US$ of GDP -8.2%
2019 32.19 constant LCU per US$ of GDP +4.5%
2020 31.42 constant LCU per US$ of GDP -2.4%
2021 28.85 constant LCU per US$ of GDP -8.2%
2022 29.82 constant LCU per US$ of GDP +3.4%
2023 26.96 constant LCU per US$ of GDP -9.6%
2024 25.79 constant LCU per US$ of GDP -4.4%
2025 23.68 constant LCU per US$ of GDP -8.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 59.71 constant LCU per US$ of GDP 43.59 constant LCU per US$ of GDP 93.67 constant LCU per US$ of GDP 10
2000s 46.16 constant LCU per US$ of GDP 31.29 constant LCU per US$ of GDP 63.75 constant LCU per US$ of GDP 10
2010s 32.89 constant LCU per US$ of GDP 30.82 constant LCU per US$ of GDP 36.65 constant LCU per US$ of GDP 10
2020s 27.75 constant LCU per US$ of GDP 23.68 constant LCU per US$ of GDP 31.42 constant LCU per US$ of GDP 6

Countries ranked near North Macedonia

  1. 67 Algeria 30.27 constant LCU per US$ of GDP compare
  2. 68 Gambia 29.36 constant LCU per US$ of GDP compare
  3. 69 Syria 29.36 constant LCU per US$ of GDP compare
  4. 71 Mauritania 23.47 constant LCU per US$ of GDP compare
  5. 72 Egypt 22.59 constant LCU per US$ of GDP compare
  6. 73 Ethiopia 22.49 constant LCU per US$ of GDP compare

See the full ranking of 197 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 lcu), per unit of in North Macedonia?
Gross value added at basic prices (gva) (constant lcu), per unit of in North Macedonia was 23.68 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in North Macedonia?
The highest recorded value was 93.67 constant LCU per US$ of GDP in 1992.
What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in North Macedonia?
The lowest recorded value was 23.68 constant LCU per US$ of GDP in 2025.
How does North Macedonia rank for gross value added at basic prices (gva) (constant lcu), per unit of?
North Macedonia ranks 70th out of 196 countries with data for 2025.
Is gross value added at basic prices (gva) (constant lcu), per unit of 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant LCU), per unit of in North Macedonia. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-lcu-per-unit-of-gdp/north-macedonia/

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How this figure is calculated

Gross value added at basic prices (GVA) (constant LCU) 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 LCU) ÷ 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 LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
197 places, 8,292 data points, 1960–2025
Last refreshed

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