Gross fixed capital formation, General government … General Percent in North Macedonia
North Macedonia: Gross fixed capital formation, General government … General Percent was 4.1 in 2017. ▲ Rising
Gross fixed capital formation, General government, Constant prices in North Macedonia, 1990–2017
Source: International Monetary Fund.
Analysis
North Macedonia recorded 4.1 for gross fixed capital formation, general government, constant prices in 2017.
The figure is down 4.4% on the previous year and up 104.0% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in North Macedonia peaked at 4.28 in 2016 and was at its lowest, 2.01, in 2007.
North Macedonia ranks 80th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Gross fixed capital formation, General government … General Percent in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 3.7 | — |
| 1991 | 3.67 | -0.6% |
| 1992 | 3.33 | -9.4% |
| 1993 | 3.1 | -6.8% |
| 1994 | 2.89 | -6.9% |
| 1995 | 3.22 | +11.4% |
| 1996 | 3.39 | +5.3% |
| 1997 | 3.2 | -5.7% |
| 1998 | 3.01 | -5.8% |
| 1999 | 2.84 | -5.5% |
| 2000 | 2.83 | -0.6% |
| 2001 | 3.61 | +27.8% |
| 2002 | 3.13 | -13.4% |
| 2003 | 2.33 | -25.5% |
| 2004 | 2.51 | +7.7% |
| 2005 | 2.23 | -11.1% |
| 2006 | 2.46 | +10.0% |
| 2007 | 2.01 | -18.2% |
| 2008 | 2.59 | +28.9% |
| 2009 | 2.89 | +11.7% |
| 2010 | 3.54 | +22.4% |
| 2011 | 3.59 | +1.5% |
| 2012 | 4.04 | +12.3% |
| 2013 | 3.82 | -5.3% |
| 2014 | 4 | +4.8% |
| 2015 | 3.89 | -2.8% |
| 2016 | 4.28 | +10.1% |
| 2017 | 4.1 | -4.4% |
North Macedonia compared with similar countries
- North Macedonia's 4.1 is above the median for upper middle income countries, which is 3.85, 1.1× the median. (50 countries reporting)
- North Macedonia's 4.1 is above the median for Europe & Central Asia, which is 3.44, 1.2× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.23 | 2.84 | 3.7 | 10 |
| 2000s | 2.66 | 2.01 | 3.61 | 10 |
| 2010s | 3.91 | 3.54 | 4.28 | 8 |
Countries ranked near North Macedonia
More public sector data for North Macedonia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 9.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.5481 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -80 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in North Macedonia?
- Gross fixed capital formation, general government, constant prices in North Macedonia was 4.1 in 2017, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in North Macedonia?
- The highest recorded value was 4.28 in 2016.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in North Macedonia?
- The lowest recorded value was 2.01 in 2007.
- How does North Macedonia rank for gross fixed capital formation, general government, constant prices?
- North Macedonia ranks 80th out of 173 countries with data for 2017.
- Is gross fixed capital formation, general government, constant prices rising or falling in North Macedonia?
- Over the last ten years it is up 104.0%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.