Net investment in nonfinancial assets (current LCU) in North Macedonia
North Macedonia: Net investment in nonfinancial assets (current LCU) 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 (current LCU) 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% |
North Macedonia compared with similar countries
- North Macedonia's 14.43 billion current LCU is below the median for upper middle income countries, which is 29.41 billion current LCU, 49% of the median. (47 countries reporting)
- North Macedonia's 14.43 billion current LCU is above the median for Europe & Central Asia, which is 12.95 billion current LCU, 1.1× the median. (48 countries reporting)
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
- 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 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.