Merchandise trade as a proportion of GDP in North Macedonia
North Macedonia: Merchandise trade as a proportion of GDP was 120.3% in 2024. ▲ Rising
Latest (2024)
120.3%
Change on year
down 9.4%
World rank
16th
of 218 countries
All-time high
154.2%
in 2022
All-time low
74.3%
in 2003
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in North Macedonia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, merchandise trade as a proportion of gdp in North Macedonia stood at 120.3%.
Compared with earlier readings it is down 9.4% on the previous year and up 11.4% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in North Macedonia peaked at 154.2% in 2022 and was at its lowest, 74.3%, in 2003.
North Macedonia ranks 16th of 218 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP in North Macedonia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 90.6% | — |
| 2001 | 76.9% | -15.1% |
| 2002 | 77.4% | +0.7% |
| 2003 | 74.3% | -4.1% |
| 2004 | 81.1% | +9.2% |
| 2005 | 84.2% | +3.8% |
| 2006 | 89.8% | +6.7% |
| 2007 | 104.1% | +15.9% |
| 2008 | 109.7% | +5.4% |
| 2009 | 82.8% | -24.6% |
| 2010 | 93.8% | +13.4% |
| 2011 | 109.6% | +16.9% |
| 2012 | 108.1% | -1.4% |
| 2013 | 100.9% | -6.6% |
| 2014 | 108.0% | +7.0% |
| 2015 | 108.9% | +0.9% |
| 2016 | 108.2% | -0.7% |
| 2017 | 118.4% | +9.5% |
| 2018 | 125.8% | +6.3% |
| 2019 | 132.2% | +5.0% |
| 2020 | 124.2% | -6.0% |
| 2021 | 139.8% | +12.6% |
| 2022 | 154.2% | +10.3% |
| 2023 | 132.8% | -13.9% |
| 2024 | 120.3% | -9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 87.1% | 74.3% | 109.7% | 10 |
| 2010s | 111.4% | 93.8% | 132.2% | 10 |
| 2020s | 134.3% | 120.3% | 154.2% | 5 |
Countries ranked near North Macedonia
- 13 Lesotho 125.3% compare
- 14 Brunei Darussalam 120.8% compare
- 14 Brunei Darussalam 120.8% compare
- 17 Cambodia 119.4% compare
- 18 American Samoa 117.7% compare
- 19 Kiribati 116.6% 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)
- Final consumption expenditure (constant 2015 US$), per capita 6,080 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 13.46 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.14 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 11,932 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 9.02 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 62.16 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 652,070 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.99 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in North Macedonia?
- Merchandise trade as a proportion of gdp in North Macedonia was 120.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in North Macedonia?
- The highest recorded value was 154.2% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in North Macedonia?
- The lowest recorded value was 74.3% in 2003.
- How does North Macedonia rank for merchandise trade as a proportion of gdp?
- North Macedonia ranks 16th out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in North Macedonia?
- Over the last ten years it is up 11.4%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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