Gross value added at basic prices (GVA) in North Macedonia
North Macedonia: Gross value added at basic prices (GVA) was 908.41 billion current LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in North Macedonia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
North Macedonia recorded 908.41 billion current LCU for gross value added at basic prices (gva) in 2025. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 9.1% on the previous year and up 86.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in North Macedonia peaked at 908.41 billion current LCU in 2025 and was at its lowest, 447.62 million current LCU, in 1990.
North Macedonia ranks 103rd of 207 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) in North Macedonia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 447.62 million current LCU | — |
| 1991 | 769.57 million current LCU | +71.9% |
| 1992 | 10.53 billion current LCU | +1268.7% |
| 1993 | 52.77 billion current LCU | +401.0% |
| 1994 | 122.80 billion current LCU | +132.7% |
| 1995 | 143.20 billion current LCU | +16.6% |
| 1996 | 149.48 billion current LCU | +4.4% |
| 1997 | 159.77 billion current LCU | +6.9% |
| 1998 | 168.24 billion current LCU | +5.3% |
| 1999 | 179.32 billion current LCU | +6.6% |
| 2000 | 209.60 billion current LCU | +16.9% |
| 2001 | 213.78 billion current LCU | +2.0% |
| 2002 | 213.20 billion current LCU | -0.3% |
| 2003 | 232.18 billion current LCU | +8.9% |
| 2004 | 243.69 billion current LCU | +5.0% |
| 2005 | 264.85 billion current LCU | +8.7% |
| 2006 | 291.11 billion current LCU | +9.9% |
| 2007 | 321.38 billion current LCU | +10.4% |
| 2008 | 357.15 billion current LCU | +11.1% |
| 2009 | 358.37 billion current LCU | +0.3% |
| 2010 | 377.20 billion current LCU | +5.3% |
| 2011 | 399.38 billion current LCU | +5.9% |
| 2012 | 403.68 billion current LCU | +1.1% |
| 2013 | 436.71 billion current LCU | +8.2% |
| 2014 | 458.13 billion current LCU | +4.9% |
| 2015 | 488.41 billion current LCU | +6.6% |
| 2016 | 515.60 billion current LCU | +5.6% |
| 2017 | 535.73 billion current LCU | +3.9% |
| 2018 | 573.92 billion current LCU | +7.1% |
| 2019 | 601.46 billion current LCU | +4.8% |
| 2020 | 588.08 billion current LCU | -2.2% |
| 2021 | 630.17 billion current LCU | +7.2% |
| 2022 | 707.31 billion current LCU | +12.2% |
| 2023 | 787.05 billion current LCU | +11.3% |
| 2024 | 832.97 billion current LCU | +5.8% |
| 2025 | 908.41 billion current LCU | +9.1% |
North Macedonia compared with similar countries
- North Macedonia's 908.41 billion current LCU is above the median for upper middle income countries, which is 896.75 billion current LCU, 1.0× the median. (58 countries reporting)
- North Macedonia's 908.41 billion current LCU is above the median for Europe & Central Asia, which is 380.52 billion current LCU, 2.4× the median. (56 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +1268.7% | 769.57 million current LCU | 10.53 billion current LCU |
| 1993 | +401.0% | 10.53 billion current LCU | 52.77 billion current LCU |
| 1994 | +132.7% | 52.77 billion current LCU | 122.80 billion current LCU |
| 1991 | +71.9% | 447.62 million current LCU | 769.57 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 98.73 billion current LCU | 447.62 million current LCU | 179.32 billion current LCU | 10 |
| 2000s | 270.53 billion current LCU | 209.60 billion current LCU | 358.37 billion current LCU | 10 |
| 2010s | 479.02 billion current LCU | 377.20 billion current LCU | 601.46 billion current LCU | 10 |
| 2020s | 742.33 billion current LCU | 588.08 billion current LCU | 908.41 billion current LCU | 6 |
Countries ranked near North Macedonia
- 100 Netherlands 1.06 trillion current LCU compare
- 101 Peru 1.01 trillion current LCU compare
- 102 Honduras 930.64 billion current LCU compare
- 104 New Caledonia 902.00 billion current LCU compare
- 105 Guatemala 885.09 billion current LCU compare
- 106 Switzerland 844.93 billion current LCU 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 (gva) in North Macedonia?
- Gross value added at basic prices (gva) in North Macedonia was 908.41 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in North Macedonia?
- The highest recorded value was 908.41 billion current LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in North Macedonia?
- The lowest recorded value was 447.62 million current LCU in 1990.
- How does North Macedonia rank for gross value added at basic prices (gva)?
- North Macedonia ranks 103rd out of 207 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in North Macedonia?
- Over the last ten years it is up 86.0%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.