Net investment in nonfinancial assets (% of GDP) in North Macedonia
North Macedonia: Net investment in nonfinancial assets (% of GDP) was 1.5% in 2024. ▼ Falling
Net investment in nonfinancial assets in North Macedonia, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
North Macedonia recorded 1.5% for net investment in nonfinancial assets in 2024.
The figure is up 7.0% on the previous year and down 40.9% over ten years.
Over the whole period, net investment in nonfinancial assets in North Macedonia peaked at 3.1% in 2012 and was at its lowest, 1.1%, in 2019.
North Macedonia ranks 121st of 156 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Net investment in nonfinancial assets (% of GDP) in North Macedonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 1.8% | — |
| 2006 | 1.9% | +9.5% |
| 2007 | 2.5% | +26.1% |
| 2008 | 2.9% | +18.5% |
| 2009 | 2.0% | -31.4% |
| 2010 | 1.7% | -14.6% |
| 2011 | 2.2% | +30.4% |
| 2012 | 3.1% | +37.9% |
| 2013 | 2.5% | -17.2% |
| 2014 | 2.5% | -0.4% |
| 2015 | 2.5% | -2.6% |
| 2016 | 1.9% | -21.3% |
| 2017 | 2.3% | +20.9% |
| 2018 | 1.1% | -52.1% |
| 2019 | 1.1% | -4.8% |
| 2020 | 1.1% | +2.8% |
| 2021 | 1.6% | +41.5% |
| 2022 | 1.4% | -10.0% |
| 2023 | 1.4% | -0.0% |
| 2024 | 1.5% | +7.0% |
North Macedonia compared with similar countries
- North Macedonia's 1.5% is below the median for upper middle income countries, which is 2.6%, 59% of the median. (47 countries reporting)
- North Macedonia's 1.5% is below the median for Europe & Central Asia, which is 2.4%, 63% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2% | 1.8% | 2.9% | 5 |
| 2010s | 2.1% | 1.1% | 3.1% | 10 |
| 2020s | 1.4% | 1.1% | 1.6% | 5 |
Countries ranked near North Macedonia
- 118 Trinidad and Tobago 1.6% compare
- 119 Cote d'Ivoire 1.5% compare
- 120 Netherlands 1.5% compare
- 122 United States 1.5% compare
- 123 Ethiopia 1.5% compare
- 124 Chile 1.4% compare
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 1.5% 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 3.1% in 2012.
- What is the lowest net investment in nonfinancial assets recorded in North Macedonia?
- The lowest recorded value was 1.1% in 2019.
- How does North Macedonia rank for net investment in nonfinancial assets?
- North Macedonia ranks 121st 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 down 40.9%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.