North Macedonia Republic of Macedonia GDP - Gross Domestic Product

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GDP North Macedonia first quarter of 2024

GDP rises 2% in North Macedonia in first quarter

Gross Domestic Product of North Macedonia grew 0.5% in the first quarter of 2024 compared to the previous quarter. This rate is 1 -tenth of one percent higher than the figure of 0.4% published in the forth quarter of 2023.

The year-on-year change in GDP was 1.3%, 3 -tenths of one percent more than the 1% recorded in the forth quarter of 2023.

The GDP figure in the first quarter of 2024 was €3,465$3,191 million, North Macedonia is number 52 in the ranking of quarterly GDP of the 53 countries that we publish.

North Macedonia has a quarterly GDP per capita, of €1,933$1,933, €128 $128 higher than the same quarter last year, it was .

If we order the countries according to their GDP per capita, North Macedonia is in 49th position. According to this parameter, its population has a low level of affluence compare to the 53 countries whose quarterly GDP we publish.

Here we show you the progression of the GDP in North Macedonia. You can see GDP in other countries in GDP and see all the economic information about North Macedonia in North Macedonia's economy.

Quarterly GDP at market prices 2024
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2024Q1€3,465M$3,191M0.5%1.3%
< GDP North Macedonia 2023
Evolution: Annual GDP North Macedonia
DateAnnual GDPAnnual GDPGDP Growth (%)
2023€13,655M$14,766M1.0%
2022€13,033M$13,569M2.2%
2021€11,835M$13,827M4.5%
2020€10,852M$12,361M-4.7%
2019€11,262M$12,606M3.9%
2018€10,744M$12,683M2.9%
2017€10,038M$11,307M1.1%
2016€9,657M$10,672M2.8%
2015€9,072M$10,065M3.9%
2014€8,562M$11,362M3.6%
2013€8,150M$10,818M2.9%
2012€7,585M$9,745M-0.5%
2011€7,544M$10,495M2.3%
2010€7,108M$9,407M3.4%
2009€6,767M$9,402M-0.4%
2008€6,772M$9,910M5.5%
2007€6,095M$8,336M6.5%
2006€5,472M$6,861M5.1%
2005€5,032M$6,259M4.7%
2004€4,578M$5,683M4.7%
2003€4,386M$4,946M2.2%
2002€4,241M$4,018M1.5%
2001€4,144M$3,710M-3.1%
2000€4,095M$3,773M4.5%
1999€3,448M$3,867M4.3%
1998€3,193M$3,764M3.3%
1997€3,302M$3,928M1.4%
1996$4,642M1.2%
1995$4,687M-1.1%
1994$3,561M-1.8%
1993$2,687M-7.5%
1992$2,443M-6.6%
1991$4,939M-6.2%
1990$4,700M
Evolution: GDP per capita North Macedonia
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2023€7,462$8,06919.2%22.3%
2022€6,262$6,600-2.8%-1.7%
2021€6,440$6,71410.1%14.4%
2020€5,850$5,867-2.5%-3.4%
2019€6,000$6,0735.5%-0.6%
2018€5,690$6,1117.6%11.9%
2017€5,290$5,4624.3%6.0%
2016€5,070$5,1537.0%6.0%
2015€4,740$4,8606.0%-11.6%
2014€4,470$5,4995.4%4.9%
2013€4,240$5,2407.9%10.8%
2012€3,930$4,7281.0%-7.2%
2011€3,890$5,0976.6%11.4%
2010€3,650$4,57610.6%-0.1%
2009€3,300$4,579-4.1%-5.4%
2008€3,440$4,83812.1%18.7%
2007€3,070$4,07612.0%21.3%
2006€2,740$3,3609.2%9.4%
2005€2,510$3,07210.6%9.8%
2004€2,270$2,7974.6%14.6%
2003€2,170$2,4413.3%23.6%
2002€2,100$1,9742.9%7.3%
2001€2,040$1,8401.0%-2.1%
2000€2,020$1,87818.8%-2.8%
1999€1,700$1,9326.3%2.3%
1998€1,600$1,889-5.9%-4.6%
1997€1,700$1,980-15.7%
1996$2,348-1.6%
1995$2,38730.8%
1994$1,82431.9%
1993$1,3849.5%
1992$1,264-51.2%
1991$2,5874.1%
1990$2,485
Evolution: GDP growth rate at constant prices North Macedonia
Evolution: GDP per capita North Macedonia
GDP North Macedonia