Services, value added in North Macedonia

North Macedonia: Services, value added was 2.8% in 2025. ◆ Volatile

Latest (2025)
2.8%
Change on year
up 152.3%
World rank
124th
of 197 countries
All-time high
12.7%
in 2007
All-time low
-11.8%
in 1995
Years of data
35
1991–2025

Services, value added in North Macedonia, 1991–2025

-10-50510151991200820251991: -3 annual % growth1992: -2.5 annual % growth1993: -0.554 annual % growth1994: 0.537 annual % growth1995: -11.8 annual % growth1996: 1.8 annual % growth1997: 3.2 annual % growth1998: 3.2 annual % growth1999: 5.3 annual % growth2000: 0.47 annual % growth2001: -1.6 annual % growth2002: 1 annual % growth2003: -1.7 annual % growth2004: 5 annual % growth2005: 3.9 annual % growth2006: 4.5 annual % growth2007: 12.7 annual % growth2008: 3.2 annual % growth2009: -2.7 annual % growth2010: 5 annual % growth2011: -4 annual % growth2012: 3.9 annual % growth2013: 2.3 annual % growth2014: 3.5 annual % growth2015: 4.3 annual % growth2016: 4.7 annual % growth2017: 2.9 annual % growth2018: 3 annual % growth2019: 5.1 annual % growth2020: -4.5 annual % growth2021: 7.4 annual % growth2022: 5.8 annual % growth2023: 4.6 annual % growth2024: 1.1 annual % growth2025: 2.8 annual % growth

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 124th of 197 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 121 Belize 2.9% compare
  2. 122 Dominican Republic 2.8% compare
  3. 123 Botswana 2.8% compare
  4. 125 Grenada 2.8% compare
  5. 126 Saint Kitts and Nevis 2.8% compare
  6. 127 Serbia 2.7% compare

See the full ranking of 240 places →

More economy & growth data for North Macedonia

All data for North Macedonia →

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 124th out of 197 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.

Download this data

CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Services, value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
240 places, 9,625 data points, 1961–2025
Last refreshed

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.