Gross value added at basic prices (GVA) in North Macedonia

North Macedonia: Gross value added at basic prices (GVA) was 452.25 billion constant LCU in 2025. ▲ Rising

Latest (2025)
452.25 billion constant LCU
Change on year
up 3.5%
World rank
102nd
of 197 countries
All-time high
452.25 billion constant LCU
in 2025
All-time low
205.17 billion constant LCU
in 1995
Years of data
36
1990–2025

Gross value added at basic prices (GVA) in North Macedonia, 1990–2025

0100.0B200.0B300.0B400.0B500.0B1990200720251990: 260.4B constant LCU1991: 244.3B constant LCU1992: 228.2B constant LCU1993: 211.2B constant LCU1994: 207.5B constant LCU1995: 205.2B constant LCU1996: 207.6B constant LCU1997: 214.1B constant LCU1998: 221.0B constant LCU1999: 231.1B constant LCU2000: 240.5B constant LCU2001: 234.1B constant LCU2002: 236.8B constant LCU2003: 242.9B constant LCU2004: 254.2B constant LCU2005: 264.8B constant LCU2006: 276.8B constant LCU2007: 293.2B constant LCU2008: 310.0B constant LCU2009: 309.1B constant LCU2010: 319.6B constant LCU2011: 325.9B constant LCU2012: 323.7B constant LCU2013: 336.4B constant LCU2014: 353.1B constant LCU2015: 368.8B constant LCU2016: 376.3B constant LCU2017: 379.7B constant LCU2018: 390.8B constant LCU2019: 405.8B constant LCU2020: 388.4B constant LCU2021: 403.9B constant LCU2022: 415.5B constant LCU2023: 427.5B constant LCU2024: 437.1B constant LCU2025: 452.2B constant LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.

Analysis

North Macedonia recorded 452.25 billion constant LCU for gross value added at basic prices (gva) in 2025. That is the highest value across all 36 years on record.

The figure is up 3.5% on the previous year and up 22.6% over ten years.

Over the whole period, gross value added at basic prices (gva) in North Macedonia peaked at 452.25 billion constant LCU in 2025 and was at its lowest, 205.17 billion constant LCU, in 1995.

North Macedonia ranks 102nd of 197 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 223.06 billion constant LCU 205.17 billion constant LCU 260.35 billion constant LCU 10
2000s 266.25 billion constant LCU 234.05 billion constant LCU 310.04 billion constant LCU 10
2010s 358.03 billion constant LCU 319.65 billion constant LCU 405.83 billion constant LCU 10
2020s 420.78 billion constant LCU 388.37 billion constant LCU 452.25 billion constant LCU 6

Countries ranked near North Macedonia

  1. 99 Haiti 506.04 billion constant LCU compare
  2. 100 Mauritius 504.09 billion constant LCU compare
  3. 101 Belgium 477.72 billion constant LCU compare
  4. 103 Comoros 451.05 billion constant LCU compare
  5. 104 Romania 439.02 billion constant LCU compare
  6. 105 Macao 383.29 billion constant LCU compare

See the full ranking of 197 places →

More economy & growth data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is gross value added at basic prices (gva) in North Macedonia?
Gross value added at basic prices (gva) in North Macedonia was 452.25 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in North Macedonia?
The highest recorded value was 452.25 billion constant LCU in 2025.
What is the lowest gross value added at basic prices (gva) recorded in North Macedonia?
The lowest recorded value was 205.17 billion constant LCU in 1995.
How does North Macedonia rank for gross value added at basic prices (gva)?
North Macedonia ranks 102nd out of 197 countries with data for 2025.
Is gross value added at basic prices (gva) rising or falling in North Macedonia?
Over the last ten years it is up 22.6%. 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 Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 8,338 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.