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
Gross value added at basic prices (GVA) in North Macedonia, 1990–2025
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
| Decade | Average | Lowest | Highest | 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
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 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
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.