Manufacturing, value added in North Macedonia
North Macedonia: Manufacturing, value added was 54.55 billion constant LCU in 2025. ▲ Rising
Manufacturing, value added in North Macedonia, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
North Macedonia recorded 54.55 billion constant LCU for manufacturing, value added in 2025. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 3.6% on the previous year and up 17.9% over ten years.
Over the whole period, manufacturing, value added in North Macedonia peaked at 54.55 billion constant LCU in 2025 and was at its lowest, 20.41 billion constant LCU, in 1997.
North Macedonia ranks 101st of 192 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Manufacturing, value added in North Macedonia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1990 | 41.17 billion constant LCU | — |
| 1991 | 34.90 billion constant LCU | -15.2% |
| 1992 | 29.39 billion constant LCU | -15.8% |
| 1993 | 25.16 billion constant LCU | -14.4% |
| 1994 | 23.40 billion constant LCU | -7.0% |
| 1995 | 20.70 billion constant LCU | -11.5% |
| 1996 | 21.73 billion constant LCU | +5.0% |
| 1997 | 20.41 billion constant LCU | -6.1% |
| 1998 | 20.52 billion constant LCU | +0.5% |
| 1999 | 21.02 billion constant LCU | +2.4% |
| 2000 | 23.82 billion constant LCU | +13.4% |
| 2001 | 22.47 billion constant LCU | -5.7% |
| 2002 | 23.13 billion constant LCU | +3.0% |
| 2003 | 25.24 billion constant LCU | +9.1% |
| 2004 | 27.05 billion constant LCU | +7.2% |
| 2005 | 29.90 billion constant LCU | +10.6% |
| 2006 | 33.66 billion constant LCU | +12.6% |
| 2007 | 29.32 billion constant LCU | -12.9% |
| 2008 | 28.73 billion constant LCU | -2.0% |
| 2009 | 29.91 billion constant LCU | +4.1% |
| 2010 | 29.86 billion constant LCU | -0.2% |
| 2011 | 33.48 billion constant LCU | +12.1% |
| 2012 | 33.09 billion constant LCU | -1.2% |
| 2013 | 36.28 billion constant LCU | +9.6% |
| 2014 | 44.08 billion constant LCU | +21.5% |
| 2015 | 46.27 billion constant LCU | +5.0% |
| 2016 | 45.56 billion constant LCU | -1.5% |
| 2017 | 46.31 billion constant LCU | +1.6% |
| 2018 | 49.18 billion constant LCU | +6.2% |
| 2019 | 50.45 billion constant LCU | +2.6% |
| 2020 | 48.03 billion constant LCU | -4.8% |
| 2021 | 50.96 billion constant LCU | +6.1% |
| 2022 | 49.09 billion constant LCU | -3.7% |
| 2023 | 51.27 billion constant LCU | +4.4% |
| 2024 | 52.64 billion constant LCU | +2.7% |
| 2025 | 54.55 billion constant LCU | +3.6% |
North Macedonia compared with similar countries
- North Macedonia's 54.55 billion constant LCU is below the median for upper middle income countries, which is 66.16 billion constant LCU, 82% of the median. (56 countries reporting)
- North Macedonia's 54.55 billion constant LCU is below the median for Europe & Central Asia, which is 69.84 billion constant LCU, 78% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.84 billion constant LCU | 20.41 billion constant LCU | 41.17 billion constant LCU | 10 |
| 2000s | 27.32 billion constant LCU | 22.47 billion constant LCU | 33.66 billion constant LCU | 10 |
| 2010s | 41.46 billion constant LCU | 29.86 billion constant LCU | 50.45 billion constant LCU | 10 |
| 2020s | 51.09 billion constant LCU | 48.03 billion constant LCU | 54.55 billion constant 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 manufacturing, value added in North Macedonia?
- Manufacturing, value added in North Macedonia was 54.55 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in North Macedonia?
- The highest recorded value was 54.55 billion constant LCU in 2025.
- What is the lowest manufacturing, value added recorded in North Macedonia?
- The lowest recorded value was 20.41 billion constant LCU in 1997.
- How does North Macedonia rank for manufacturing, value added?
- North Macedonia ranks 101st out of 192 countries with data for 2025.
- Is manufacturing, value added rising or falling in North Macedonia?
- Over the last ten years it is up 17.9%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (constant 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
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.