Gross fixed capital formation in North Macedonia
North Macedonia: Gross fixed capital formation was 3.98 billion current US$ in 2024. ◆ Volatile
Gross fixed capital formation in North Macedonia, 1990–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross fixed capital formation in North Macedonia stood at 3.98 billion current US$. That is the highest value across all 35 years on record.
The figure is up 1.8% on the previous year and up 49.7% over ten years.
Over the whole period, gross fixed capital formation in North Macedonia peaked at 3.98 billion current US$ in 2024 and was at its lowest, 425.78 million current US$, in 1993.
That places North Macedonia 131st out of 180 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 649.67 million current US$ | 425.78 million current US$ | 912.75 million current US$ | 10 |
| 2000s | 1.40 billion current US$ | 765.77 million current US$ | 2.55 billion current US$ | 10 |
| 2010s | 2.49 billion current US$ | 2.17 billion current US$ | 2.66 billion current US$ | 10 |
| 2020s | 3.44 billion current US$ | 2.67 billion current US$ | 3.98 billion current US$ | 5 |
Countries ranked near North Macedonia
More economy & growth data for North Macedonia
- DEC alternative conversion factor 54.65 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 150.08 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 2.75 billion current US$ (2025)
- Taxes less subsidies on products 135.47 billion current LCU (2025)
- Taxes less subsidies on products 2.48 billion current US$ (2025)
- Net primary income (Net income from abroad) -50.17 billion current LCU (2025)
- Net primary income (Net income from abroad) -918.06 million current US$ (2025)
- GNI per capita 545,721 current LCU (2025)
- GNI per capita, Atlas method 9,490 current US$ (2025)
- GNI 993.71 billion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation in North Macedonia?
- Gross fixed capital formation in North Macedonia was 3.98 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in North Macedonia?
- The highest recorded value was 3.98 billion current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in North Macedonia?
- The lowest recorded value was 425.78 million current US$ in 1993.
- How does North Macedonia rank for gross fixed capital formation?
- North Macedonia ranks 131st out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in North Macedonia?
- Over the last ten years it is up 49.7%. 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 Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.