Gross fixed capital formation, private sector in North Macedonia
North Macedonia: Gross fixed capital formation, private sector was 184.24 billion current LCU in 2024. ▲ Rising
Gross fixed capital formation, private sector in North Macedonia, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross fixed capital formation, private sector in North Macedonia stood at 184.24 billion current LCU. That is the highest value across all 25 years on record.
The figure is up 8.8% on the previous year and up 104.8% over ten years.
Over the whole period, gross fixed capital formation, private sector in North Macedonia peaked at 184.24 billion current LCU in 2024 and was at its lowest, 37.88 billion current LCU, in 2000.
That places North Macedonia 54th out of 105 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 54.27 billion current LCU | 37.88 billion current LCU | 85.48 billion current LCU | 10 |
| 2010s | 94.37 billion current LCU | 71.89 billion current LCU | 110.68 billion current LCU | 10 |
| 2020s | 150.09 billion current LCU | 112.68 billion current LCU | 184.24 billion current LCU | 5 |
Countries ranked near North Macedonia
- 51 Uruguay 239.96 billion current LCU compare
- 52 Equatorial Guinea 212.76 billion current LCU compare
- 53 Honduras 203.88 billion current LCU compare
- 55 Central African Republic 154.01 billion current LCU compare
- 56 United Arab Emirates 148.67 billion current LCU compare
- 57 Guatemala 144.10 billion current LCU compare
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, private sector in North Macedonia?
- Gross fixed capital formation, private sector in North Macedonia was 184.24 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in North Macedonia?
- The highest recorded value was 184.24 billion current LCU in 2024.
- What is the lowest gross fixed capital formation, private sector recorded in North Macedonia?
- The lowest recorded value was 37.88 billion current LCU in 2000.
- How does North Macedonia rank for gross fixed capital formation, private sector?
- North Macedonia ranks 54th out of 105 countries with data for 2024.
- Is gross fixed capital formation, private sector rising or falling in North Macedonia?
- Over the last ten years it is up 104.8%. 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 Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 series is expressed in local currency units.