Services, value added in North Macedonia
North Macedonia: Services, value added was 2.8% in 2025. ◆ Volatile
Services, value added in North Macedonia, 1991–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for services, value added in North Macedonia is 2.8%, measured in 2025.
That represents a change of up 152.3% on the previous year and down 35.1% over ten years.
Over the whole period, services, value added in North Macedonia peaked at 12.7% in 2007 and was at its lowest, -11.8%, in 1995.
North Macedonia ranks 123rd of 196 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.
Services, value added in North Macedonia, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1991 | -3.0% | — |
| 1992 | -2.5% | -16.8% |
| 1993 | -0.6% | -77.6% |
| 1994 | 0.5% | -196.9% |
| 1995 | -11.8% | -2302.7% |
| 1996 | 1.8% | -115.3% |
| 1997 | 3.2% | +74.5% |
| 1998 | 3.2% | +0.8% |
| 1999 | 5.3% | +65.7% |
| 2000 | 0.5% | -91.1% |
| 2001 | -1.6% | -430.1% |
| 2002 | 1.0% | -164.5% |
| 2003 | -1.7% | -266.6% |
| 2004 | 5.0% | -399.1% |
| 2005 | 3.9% | -22.3% |
| 2006 | 4.5% | +16.8% |
| 2007 | 12.7% | +182.0% |
| 2008 | 3.2% | -74.5% |
| 2009 | -2.7% | -182.9% |
| 2010 | 5.0% | -285.7% |
| 2011 | -4.0% | -180.4% |
| 2012 | 3.9% | -197.9% |
| 2013 | 2.3% | -41.2% |
| 2014 | 3.5% | +52.5% |
| 2015 | 4.3% | +23.2% |
| 2016 | 4.7% | +7.2% |
| 2017 | 2.9% | -36.7% |
| 2018 | 3.0% | +2.6% |
| 2019 | 5.1% | +68.1% |
| 2020 | -4.5% | -189.4% |
| 2021 | 7.4% | -263.4% |
| 2022 | 5.8% | -21.6% |
| 2023 | 4.6% | -20.9% |
| 2024 | 1.1% | -75.7% |
| 2025 | 2.8% | +152.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.4% | -11.8% | 5.3% | 9 |
| 2000s | 2.5% | -2.7% | 12.7% | 10 |
| 2010s | 3.1% | -4.0% | 5.1% | 10 |
| 2020s | 2.9% | -4.5% | 7.4% | 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)
- GNI (current LCU), annual growth rate 8.63 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 52.02 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 545,721 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -5.91 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -1.77 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 7.52 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1298 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 1,361 current US$ per person (2025)
Frequently asked questions
- What is services, value added in North Macedonia?
- Services, value added in North Macedonia was 2.8% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in North Macedonia?
- The highest recorded value was 12.7% in 2007.
- What is the lowest services, value added recorded in North Macedonia?
- The lowest recorded value was -11.8% in 1995.
- How does North Macedonia rank for services, value added?
- North Macedonia ranks 123rd out of 196 countries with data for 2025.
- Is services, value added rising or falling in North Macedonia?
- Over the last ten years it is down 35.1%. 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 Services, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.