Net investment in nonfinancial assets in North Macedonia
North Macedonia: Net investment in nonfinancial assets was 14.43 billion current LCU in 2024. ▲ Rising
Net investment in nonfinancial assets in North Macedonia, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net investment in nonfinancial assets in North Macedonia stood at 14.43 billion current LCU.
That represents a change of up 14.3% on the previous year and up 8.0% over ten years.
Over the whole period, net investment in nonfinancial assets in North Macedonia peaked at 14.49 billion current LCU in 2017 and was at its lowest, 5.49 billion current LCU, in 2005.
North Macedonia ranks 90th of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Net investment in nonfinancial assets in North Macedonia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 5.49 billion current LCU | — |
| 2006 | 6.52 billion current LCU | +18.9% |
| 2007 | 9.16 billion current LCU | +40.4% |
| 2008 | 12.08 billion current LCU | +31.8% |
| 2009 | 8.29 billion current LCU | -31.4% |
| 2010 | 7.47 billion current LCU | -9.9% |
| 2011 | 10.33 billion current LCU | +38.4% |
| 2012 | 14.32 billion current LCU | +38.6% |
| 2013 | 12.76 billion current LCU | -10.9% |
| 2014 | 13.36 billion current LCU | +4.7% |
| 2015 | 13.78 billion current LCU | +3.1% |
| 2016 | 11.53 billion current LCU | -16.3% |
| 2017 | 14.49 billion current LCU | +25.7% |
| 2018 | 7.42 billion current LCU | -48.8% |
| 2019 | 7.40 billion current LCU | -0.2% |
| 2020 | 7.35 billion current LCU | -0.7% |
| 2021 | 11.34 billion current LCU | +54.3% |
| 2022 | 11.41 billion current LCU | +0.6% |
| 2023 | 12.63 billion current LCU | +10.6% |
| 2024 | 14.43 billion current LCU | +14.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.31 billion current LCU | 5.49 billion current LCU | 12.08 billion current LCU | 5 |
| 2010s | 11.29 billion current LCU | 7.40 billion current LCU | 14.49 billion current LCU | 10 |
| 2020s | 11.43 billion current LCU | 7.35 billion current LCU | 14.43 billion current LCU | 5 |
Countries ranked near North Macedonia
More public sector data for North Macedonia
- Arms imports 1.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 193.87 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0209 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 32.65 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 353.69 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 198.25 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net investment in nonfinancial assets in North Macedonia?
- Net investment in nonfinancial assets in North Macedonia was 14.43 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in North Macedonia?
- The highest recorded value was 14.49 billion current LCU in 2017.
- What is the lowest net investment in nonfinancial assets recorded in North Macedonia?
- The lowest recorded value was 5.49 billion current LCU in 2005.
- How does North Macedonia rank for net investment in nonfinancial assets?
- North Macedonia ranks 90th out of 156 countries with data for 2024.
- Is net investment in nonfinancial assets rising or falling in North Macedonia?
- Over the last ten years it is up 8.0%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.