Gross fixed capital formation, General government, Current prices in North Macedonia
North Macedonia: Gross fixed capital formation, General government, Current prices was 30.61 in 2017. ◆ Volatile
Gross fixed capital formation, General government, Current prices in North Macedonia, 1990–2017
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, general government, current prices in North Macedonia is 30.61, measured in 2017.
That represents a change of down 18.4% on the previous year and up 105.6% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in North Macedonia peaked at 37.54 in 2016 and was at its lowest, 0.0296, in 1990.
That places North Macedonia 99th out of 174 countries with data for 2017, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, General government, Current prices in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.0296 | — |
| 1991 | 0.0553 | +86.5% |
| 1992 | 0.7294 | +1218.8% |
| 1993 | 3.49 | +378.2% |
| 1994 | 7.13 | +104.3% |
| 1995 | 8.89 | +24.8% |
| 1996 | 9.73 | +9.4% |
| 1997 | 10.23 | +5.2% |
| 1998 | 10.78 | +5.4% |
| 1999 | 11.01 | +2.1% |
| 2000 | 12.91 | +17.2% |
| 2001 | 16.02 | +24.1% |
| 2002 | 13.97 | -12.8% |
| 2003 | 10.92 | -21.9% |
| 2004 | 12.6 | +15.4% |
| 2005 | 12.91 | +2.5% |
| 2006 | 16 | +23.9% |
| 2007 | 14.89 | -6.9% |
| 2008 | 21.72 | +45.9% |
| 2009 | 22.43 | +3.3% |
| 2010 | 29.3 | +30.6% |
| 2011 | 29.1 | -0.7% |
| 2012 | 30.5 | +4.8% |
| 2013 | 31.34 | +2.7% |
| 2014 | 33.98 | +8.4% |
| 2015 | 33.48 | -1.5% |
| 2016 | 37.54 | +12.1% |
| 2017 | 30.61 | -18.4% |
North Macedonia compared with similar countries
- North Macedonia's 30.61 is below the median for upper middle income countries, which is 78.55, 39% of the median. (50 countries reporting)
- North Macedonia's 30.61 is above the median for Europe & Central Asia, which is 24.12, 1.3× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, General government, Current prices in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +1218.8% | 0.0553 | 0.7294 |
| 1993 | +378.2% | 0.7294 | 3.49 |
| 1994 | +104.3% | 3.49 | 7.13 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.21 | 0.0296 | 11.01 | 10 |
| 2000s | 15.44 | 10.92 | 22.43 | 10 |
| 2010s | 31.98 | 29.1 | 37.54 | 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, current prices in North Macedonia?
- Gross fixed capital formation, general government, current prices in North Macedonia was 30.61 in 2017, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, current prices recorded in North Macedonia?
- The highest recorded value was 37.54 in 2016.
- What is the lowest gross fixed capital formation, general government, current prices recorded in North Macedonia?
- The lowest recorded value was 0.0296 in 1990.
- How does North Macedonia rank for gross fixed capital formation, general government, current prices?
- North Macedonia ranks 99th out of 174 countries with data for 2017.
- Is gross fixed capital formation, general government, current prices rising or falling in North Macedonia?
- Over the last ten years it is up 105.6%. The long-run trend across the full record is volatile.
- 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, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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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.