North Macedonia Republic of Macedonia GDP - Gross Domestic Product

Subscribe to our free email alert service

GDP North Macedonia 2020

North Macedonia: GDP drops 4.5

Gross Domestic Product of North Macedonia fell -4.5% in 2020 compared to last year. This rate is 77 -tenths of one percent less than the previous year, when changed 3.2%.

The GDP figure in 2020 was €10,766$12,288 million, North Macedonia is number 141 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in North Macedonia dropped €443$262 million with respect to 2019.

The GDP per capita of North Macedonia in 2020 was €5,185$5,918, €214$126 less than in 2019, when it was €5,399$6,044. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2010 when the GDP per capita in North Macedonia was €3,460$4,576.

If we order the countries according to their GDP per capita, North Macedonia is in 98th position of the 196 countries whose 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 2012
DateQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2012Q34.3%0.2%
2012Q212.1%-0.7%
2012Q1-20.2%-0.9%
< GDP North Macedonia 2011
Evolution: Annual GDP North Macedonia
DateAnnual GDPAnnual GDPGDP Growth (%)
202010,766M.€12,288M.$-4.5%
201911,209M.€12,550M.$3.2%
201810,744M.€12,694M.$2.9%
201710,038M.€11,336M.$1.1%
20169,657M.€10,686M.$2.8%
20159,072M.€10,067M.$3.9%
20148,562M.€11,378M.$3.6%
20138,150M.€10,824M.$2.9%
20127,585M.€9,751M.$-0.5%
20117,544M.€10,499M.$2.3%
20107,108M.€9,415M.$3.4%
20096,767M.€9,400M.$-0.4%
20086,772M.€9,912M.$5.5%
20076,095M.€8,337M.$6.5%
20065,472M.€6,860M.$5.1%
20055,032M.€6,257M.$4.7%
20044,578M.€5,684M.$4.7%
20034,386M.€4,946M.$2.2%
20024,241M.€3,991M.$1.5%
20014,144M.€3,709M.$-3.1%
20004,095M.€3,774M.$4.5%
19993,448M.€3,867M.$4.3%
19983,193M.€3,764M.$3.3%
19973,302M.€3,928M.$1.4%
19964,642M.$1.2%
19954,687M.$-1.1%
19943,561M.$-1.8%
19932,687M.$-7.5%
19922,443M.$-8.2%
19914,939M.$-3.1%
19904,700M.$
Evolution: GDP per capita North Macedonia
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
20205,185€5,918$-4.0%-2.1%
20195,399€6,044$4.4%-1.1%
20185,170€6,111$6.8%11.9%
20174,840€5,462$3.9%6.0%
20164,660€5,153$6.4%6.0%
20154,380€4,860$5.8%-11.6%
20144,140€5,499$4.8%4.9%
20133,950€5,240$7.3%10.8%
20123,680€4,728$0.6%-7.2%
20113,660€5,097$5.8%11.4%
20103,460€4,576$4.9%-0.1%
20093,300€4,579$-0.3%-5.4%
20083,310€4,838$11.1%18.7%
20072,980€4,076$11.2%21.3%
20062,680€3,360$8.5%9.4%
20052,470€3,072$9.8%9.8%
20042,250€2,797$4.2%14.6%
20032,160€2,441$2.9%23.6%
20022,100€1,974$2.9%7.3%
20012,040€1,840$1.0%-2.1%
20002,020€1,878$18.8%-2.8%
19991,700€1,932$6.3%2.3%
19981,600€1,889$-5.9%-4.6%
19971,700€1,980$-15.7%
19962,348$-1.6%
19952,387$30.8%
19941,824$31.9%
19931,384$9.5%
19921,264$-51.2%
19912,587$4.1%
19902,485$
Evolution: GDP growth rate at constant prices North Macedonia
Evolution: GDP per capita North Macedonia
GDP North Macedonia