Industry (including construction), value added in North Macedonia
North Macedonia: Industry (including construction), value added was 5.4% in 2025. ◆ Volatile
Industry (including construction), value added in North Macedonia, 1991–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
North Macedonia recorded 5.4% for industry (including construction), value added in 2025.
The figure is down 0.6% on the previous year and down 7.4% over ten years.
Over the whole period, industry (including construction), value added in North Macedonia peaked at 17.6% in 2011 and was at its lowest, -15.3%, in 1991.
North Macedonia ranks 54th of 197 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.
Industry (including construction), value added in North Macedonia, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1991 | -15.3% | — |
| 1992 | -13.5% | -11.5% |
| 1993 | -12.8% | -5.0% |
| 1994 | -8.5% | -33.8% |
| 1995 | 12.0% | -241.3% |
| 1996 | 1.2% | -90.1% |
| 1997 | 3.1% | +165.2% |
| 1998 | 3.2% | +2.0% |
| 1999 | 4.6% | +43.3% |
| 2000 | 3.3% | -28.3% |
| 2001 | -1.3% | -140.1% |
| 2002 | 2.2% | -264.9% |
| 2003 | 9.9% | +356.5% |
| 2004 | 2.8% | -71.7% |
| 2005 | 7.1% | +151.3% |
| 2006 | 6.9% | -1.5% |
| 2007 | -10.3% | -247.7% |
| 2008 | 5.3% | -151.5% |
| 2009 | 4.7% | -11.6% |
| 2010 | 7.9% | +68.5% |
| 2011 | 17.6% | +124.0% |
| 2012 | -5.7% | -132.6% |
| 2013 | 6.2% | -207.6% |
| 2014 | 9.4% | +52.7% |
| 2015 | 5.8% | -38.3% |
| 2016 | -2.9% | -150.0% |
| 2017 | 1.5% | -151.4% |
| 2018 | 0.9% | -36.7% |
| 2019 | 2.3% | +147.1% |
| 2020 | -6.1% | -359.5% |
| 2021 | 0.3% | -104.9% |
| 2022 | -1.6% | -642.8% |
| 2023 | 4.0% | -347.0% |
| 2024 | 5.4% | +35.0% |
| 2025 | 5.4% | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.9% | -15.3% | 12.0% | 9 |
| 2000s | 3.1% | -10.3% | 9.9% | 10 |
| 2010s | 4.3% | -5.7% | 17.6% | 10 |
| 2020s | 1.2% | -6.1% | 5.4% | 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)
- GDP (current US$), annual growth rate 12.68 % change on previous year (2025)
- GDP (current US$), per capita 10,490 current US$ per person (2025)
- GDP (current LCU), annual growth rate 8.28 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 54.65 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 573,274 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 3.49 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.6552 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,873 constant 2015 US$ per person (2025)
Frequently asked questions
- What is industry (including construction), value added in North Macedonia?
- Industry (including construction), value added in North Macedonia was 5.4% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in North Macedonia?
- The highest recorded value was 17.6% in 2011.
- What is the lowest industry (including construction), value added recorded in North Macedonia?
- The lowest recorded value was -15.3% in 1991.
- How does North Macedonia rank for industry (including construction), value added?
- North Macedonia ranks 54th out of 197 countries with data for 2025.
- Is industry (including construction), value added rising or falling in North Macedonia?
- Over the last ten years it is down 7.4%. 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 Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.