North Macedonia GDP Growth

GDP Growth Rate

Year -

1.03%

In 2023, North Macedonia experienced a significant a decrease in its GDP growth rate, which fall to 1.03% from 2.22% in 2022. Additionally, the GDP per capita growth rate in North Macedonia decrease to 2.13% in 2023, compared to 2.52% in 2022.

North Macedonia GDP Growth

In 2023, North Macedonia experienced a decrease in economic performance, with the GDP growth rate falling by 1.19%. Additionally, the GDP per capita growth rate decrease by 0.39%.

North Macedonia Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

North Macedonia Annual GDP Growth
YearGDP GrowthNet ChgGDP Capita GrowthNet Chg
1961----
1962----
1963----
1964----
1965----
1966----
1967----
1968----
1969----
1970----
1971----
1972----
1973----
1974----
1975----
1976----
1977----
1978----
1979----
1980----
1981----
1982----
1983----
1984----
1985----
1986----
1987----
1988----
1989----
1990----
1991-6.17--5.83-
1992-6.57%-0.40%-5.7%0.13%
1993-7.47%-0.90%-6.49%-0.79%
1994-1.76%5.71%-1.04%5.45%
1995-1.11%0.65%-1.19%-0.15%
19961.19%2.30%0.66%1.85%
19971.44%0.25%1.31%0.65%
19983.38%1.94%2.83%1.52%
19994.34%0.96%3.84%1.01%
20004.55%0.21%4.07%0.23%
2001-3.07%-7.62%-3.47%-7.54%
20021.49%4.56%2.23%5.70%
20032.22%0.73%2.09%-0.14%
20044.67%2.45%5.01%2.92%
20054.72%0.05%5.29%0.28%
20065.14%0.42%5.72%0.43%
20076.47%1.33%7.08%1.36%
20085.47%-1.00%6.08%-1.00%
2009-0.36%-5.83%0.29%-5.79%
20103.36%3.72%4.02%3.73%
20112.34%-1.02%2.81%-1.21%
2012-0.46%-2.80%-0.07%-2.88%
20132.93%3.39%3.31%3.38%
20143.63%0.70%3.91%0.60%
20153.86%0.23%4.13%0.22%
20162.85%-1.01%3.18%-0.95%
20171.08%-1.77%1.49%-1.69%
20182.88%1.80%3.4%1.91%
20193.91%1.03%4.62%1.22%
2020-4.69%-8.60%-3.65%-8.27%
20214.51%9.20%5.59%9.24%
20222.22%-2.29%2.52%-3.07%
20231.03%-1.19%2.13%-0.39%