Gross value added at basic prices (GVA) (current LCU), annual growth in North Macedonia
North Macedonia: Gross value added at basic prices (GVA) (current LCU), annual growth was 9.06 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in North Macedonia, 1991–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross value added at basic prices (gva) (current lcu), annual growth in North Macedonia stood at 9.06 % change on previous year.
Compared with earlier readings it is up 55.2% on the previous year and up 37.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in North Macedonia peaked at 401 % change on previous year in 1993 and was at its lowest, -2.22 % change on previous year, in 2020.
North Macedonia ranks 73rd of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current LCU), annual growth in North Macedonia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 71.93 % change on previous year | — |
| 1993 | 401 % change on previous year | +457.5% |
| 1994 | 132.72 % change on previous year | -66.9% |
| 1995 | 16.61 % change on previous year | -87.5% |
| 1996 | 4.38 % change on previous year | -73.6% |
| 1997 | 6.89 % change on previous year | +57.2% |
| 1998 | 5.3 % change on previous year | -23.1% |
| 1999 | 6.59 % change on previous year | +24.4% |
| 2000 | 16.89 % change on previous year | +156.4% |
| 2001 | 1.99 % change on previous year | -88.2% |
| 2002 | -0.2713 % change on previous year | -113.6% |
| 2003 | 8.9 % change on previous year | -3380.5% |
| 2004 | 4.96 % change on previous year | -44.3% |
| 2005 | 8.68 % change on previous year | +75.2% |
| 2006 | 9.91 % change on previous year | +14.2% |
| 2007 | 10.4 % change on previous year | +4.9% |
| 2008 | 11.13 % change on previous year | +7.0% |
| 2009 | 0.3413 % change on previous year | -96.9% |
| 2010 | 5.25 % change on previous year | +1439.6% |
| 2011 | 5.88 % change on previous year | +11.9% |
| 2012 | 1.08 % change on previous year | -81.7% |
| 2013 | 8.18 % change on previous year | +658.3% |
| 2014 | 4.91 % change on previous year | -40.0% |
| 2015 | 6.61 % change on previous year | +34.8% |
| 2016 | 5.57 % change on previous year | -15.8% |
| 2017 | 3.9 % change on previous year | -29.9% |
| 2018 | 7.13 % change on previous year | +82.7% |
| 2019 | 4.8 % change on previous year | -32.7% |
| 2020 | -2.22 % change on previous year | -146.4% |
| 2021 | 7.16 % change on previous year | -421.7% |
| 2022 | 12.24 % change on previous year | +71.0% |
| 2023 | 11.27 % change on previous year | -7.9% |
| 2024 | 5.83 % change on previous year | -48.2% |
| 2025 | 9.06 % change on previous year | +55.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 80.68 % change on previous year | 4.38 % change on previous year | 401 % change on previous year | 8 |
| 2000s | 7.29 % change on previous year | -0.2713 % change on previous year | 16.89 % change on previous year | 10 |
| 2010s | 5.33 % change on previous year | 1.08 % change on previous year | 8.18 % change on previous year | 10 |
| 2020s | 7.22 % change on previous year | -2.22 % change on previous year | 12.24 % change on previous year | 6 |
Countries ranked near North Macedonia
- 70 Guyana 9.31 % change on previous year compare
- 71 Sint Maarten (Dutch part) 9.3 % change on previous year compare
- 72 Moldova 9.09 % change on previous year compare
- 74 India 8.69 % change on previous year compare
- 75 Macao 8.54 % change on previous year compare
- 76 Seychelles 8.44 % change on previous year 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)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 47.56 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 498,876 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.46 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5645 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 5,922 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.46 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 23.68 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 248,363 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in North Macedonia?
- Gross value added at basic prices (gva) (current lcu), annual growth in North Macedonia was 9.06 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in North Macedonia?
- The highest recorded value was 401 % change on previous year in 1993.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in North Macedonia?
- The lowest recorded value was -2.22 % change on previous year in 2020.
- How does North Macedonia rank for gross value added at basic prices (gva) (current lcu), annual growth?
- North Macedonia ranks 73rd out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in North Macedonia?
- Over the last ten years it is up 37.0%. The long-run trend across the full record is volatile.
- 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) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.