Net investment in nonfinancial assets in North Macedonia
North Macedonia: Net investment in nonfinancial assets 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 122nd 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 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% |
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
- 119 Trinidad and Tobago 1.6% compare
- 120 Côte d'Ivoire 1.5% compare
- 121 Netherlands 1.5% compare
- 123 United States of America 1.5% compare
- 124 Ethiopia 1.5% compare
- 125 Chile 1.4% compare
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 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 122nd 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.