Industry (including construction), value added in North Macedonia
North Macedonia: Industry (including construction), value added was 251.52 billion current LCU in 2025. ◆ Volatile
Industry (including construction), value added in North Macedonia, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2025, industry (including construction), value added in North Macedonia stood at 251.52 billion current LCU. That is the highest value across all 36 years on record.
That represents a change of up 8.4% on the previous year and up 88.1% over ten years.
Over the whole period, industry (including construction), value added in North Macedonia peaked at 251.52 billion current LCU in 2025 and was at its lowest, 199.16 million current LCU, in 1990.
That places North Macedonia 101st out of 209 countries with data for 2025, putting it 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 | current LCU | Change |
|---|---|---|
| 1990 | 199.16 million current LCU | — |
| 1991 | 273.89 million current LCU | +37.5% |
| 1992 | 4.12 billion current LCU | +1403.2% |
| 1993 | 18.49 billion current LCU | +349.1% |
| 1994 | 37.38 billion current LCU | +102.2% |
| 1995 | 42.93 billion current LCU | +14.9% |
| 1996 | 44.20 billion current LCU | +3.0% |
| 1997 | 55.18 billion current LCU | +24.8% |
| 1998 | 56.92 billion current LCU | +3.1% |
| 1999 | 58.47 billion current LCU | +2.7% |
| 2000 | 53.23 billion current LCU | -9.0% |
| 2001 | 51.96 billion current LCU | -2.4% |
| 2002 | 50.11 billion current LCU | -3.6% |
| 2003 | 60.42 billion current LCU | +20.6% |
| 2004 | 59.07 billion current LCU | -2.2% |
| 2005 | 62.81 billion current LCU | +6.3% |
| 2006 | 72.53 billion current LCU | +15.5% |
| 2007 | 76.74 billion current LCU | +5.8% |
| 2008 | 81.04 billion current LCU | +5.6% |
| 2009 | 78.67 billion current LCU | -2.9% |
| 2010 | 92.02 billion current LCU | +17.0% |
| 2011 | 100.23 billion current LCU | +8.9% |
| 2012 | 98.39 billion current LCU | -1.8% |
| 2013 | 111.12 billion current LCU | +12.9% |
| 2014 | 120.42 billion current LCU | +8.4% |
| 2015 | 133.71 billion current LCU | +11.0% |
| 2016 | 142.53 billion current LCU | +6.6% |
| 2017 | 149.95 billion current LCU | +5.2% |
| 2018 | 158.94 billion current LCU | +6.0% |
| 2019 | 164.19 billion current LCU | +3.3% |
| 2020 | 152.22 billion current LCU | -7.3% |
| 2021 | 164.71 billion current LCU | +8.2% |
| 2022 | 187.90 billion current LCU | +14.1% |
| 2023 | 216.81 billion current LCU | +15.4% |
| 2024 | 232.03 billion current LCU | +7.0% |
| 2025 | 251.52 billion current LCU | +8.4% |
North Macedonia compared with similar countries
- North Macedonia's 251.52 billion current LCU is above the median for upper middle income countries, which is 251.52 billion current LCU, 1.0× the median. (59 countries reporting)
- North Macedonia's 251.52 billion current LCU is above the median for Europe & Central Asia, which is 108.46 billion current LCU, 2.3× the median. (56 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction), value added 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 | +1403.2% | 273.89 million current LCU | 4.12 billion current LCU |
| 1993 | +349.1% | 4.12 billion current LCU | 18.49 billion current LCU |
| 1994 | +102.2% | 18.49 billion current LCU | 37.38 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.82 billion current LCU | 199.16 million current LCU | 58.47 billion current LCU | 10 |
| 2000s | 64.66 billion current LCU | 50.11 billion current LCU | 81.04 billion current LCU | 10 |
| 2010s | 127.15 billion current LCU | 92.02 billion current LCU | 164.19 billion current LCU | 10 |
| 2020s | 200.87 billion current LCU | 152.22 billion current LCU | 251.52 billion current LCU | 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)
- 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 industry (including construction), value added in North Macedonia?
- Industry (including construction), value added in North Macedonia was 251.52 billion current LCU 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 251.52 billion current LCU in 2025.
- What is the lowest industry (including construction), value added recorded in North Macedonia?
- The lowest recorded value was 199.16 million current LCU in 1990.
- How does North Macedonia rank for industry (including construction), value added?
- North Macedonia ranks 101st out of 209 countries with data for 2025.
- Is industry (including construction), value added rising or falling in North Macedonia?
- Over the last ten years it is up 88.1%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 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.