Gross value added at basic prices (GVA) (current US$) in North Macedonia
North Macedonia: Gross value added at basic prices (GVA) (current US$) was 16.62 billion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in North Macedonia, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross value added at basic prices (gva) in North Macedonia stood at 16.62 billion current US$. That is the highest value across all 36 years on record.
The figure is up 13.5% on the previous year and up 89.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in North Macedonia peaked at 16.62 billion current US$ in 2025 and was at its lowest, 2.07 billion current US$, in 1992.
North Macedonia ranks 136th of 207 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$) in North Macedonia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 3.95 billion current US$ | — |
| 1991 | 3.93 billion current US$ | -0.7% |
| 1992 | 2.07 billion current US$ | -47.3% |
| 1993 | 2.27 billion current US$ | +9.9% |
| 1994 | 2.84 billion current US$ | +24.8% |
| 1995 | 3.78 billion current US$ | +33.2% |
| 1996 | 3.74 billion current US$ | -1.1% |
| 1997 | 3.20 billion current US$ | -14.5% |
| 1998 | 3.09 billion current US$ | -3.3% |
| 1999 | 3.15 billion current US$ | +2.0% |
| 2000 | 3.18 billion current US$ | +0.9% |
| 2001 | 3.14 billion current US$ | -1.2% |
| 2002 | 3.31 billion current US$ | +5.4% |
| 2003 | 4.27 billion current US$ | +29.0% |
| 2004 | 4.93 billion current US$ | +15.4% |
| 2005 | 5.37 billion current US$ | +9.0% |
| 2006 | 5.97 billion current US$ | +11.0% |
| 2007 | 7.18 billion current US$ | +20.4% |
| 2008 | 8.53 billion current US$ | +18.7% |
| 2009 | 8.13 billion current US$ | -4.7% |
| 2010 | 8.11 billion current US$ | -0.1% |
| 2011 | 9.03 billion current US$ | +11.3% |
| 2012 | 8.43 billion current US$ | -6.6% |
| 2013 | 9.41 billion current US$ | +11.7% |
| 2014 | 9.87 billion current US$ | +4.8% |
| 2015 | 8.79 billion current US$ | -10.9% |
| 2016 | 9.25 billion current US$ | +5.2% |
| 2017 | 9.80 billion current US$ | +5.9% |
| 2018 | 11.01 billion current US$ | +12.4% |
| 2019 | 10.95 billion current US$ | -0.6% |
| 2020 | 10.86 billion current US$ | -0.8% |
| 2021 | 12.10 billion current US$ | +11.4% |
| 2022 | 12.08 billion current US$ | -0.2% |
| 2023 | 13.82 billion current US$ | +14.5% |
| 2024 | 14.65 billion current US$ | +6.0% |
| 2025 | 16.62 billion current US$ | +13.5% |
North Macedonia compared with similar countries
- North Macedonia's 16.62 billion current US$ is below the median for upper middle income countries, which is 39.41 billion current US$, 42% of the median. (58 countries reporting)
- North Macedonia's 16.62 billion current US$ is below the median for Europe & Central Asia, which is 89.25 billion current US$, 19% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.20 billion current US$ | 2.07 billion current US$ | 3.95 billion current US$ | 10 |
| 2000s | 5.40 billion current US$ | 3.14 billion current US$ | 8.53 billion current US$ | 10 |
| 2010s | 9.47 billion current US$ | 8.11 billion current US$ | 11.01 billion current US$ | 10 |
| 2020s | 13.35 billion current US$ | 10.86 billion current US$ | 16.62 billion current US$ | 6 |
Countries ranked near North Macedonia
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0246 units per US$ of GDP (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 16.62 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in North Macedonia?
- The highest recorded value was 16.62 billion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in North Macedonia?
- The lowest recorded value was 2.07 billion current US$ in 1992.
- How does North Macedonia rank for gross value added at basic prices (gva)?
- North Macedonia ranks 136th 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 89.0%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). 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 indicator is expressed in United States dollars.