Gross capital formation in US dollars — all countries

Gross capital formation in US dollars — North Macedonia

Gross capital formation in US dollars in North Macedonia in 2025 — 6,059,424,703 US$. Ranked 94 in the world out of 131. Since 1990, the indicator has risen by 625.8%.

2025 6.06B US$ +16.83% vs 2024
World rank 94of 131
Period maximum 6.06B US$2025
Period minimum 359M US$1992

Trend over time

1990–2025 · US$

Gross capital formation in US dollars — North Macedonia, 1990–202502B4B6B8B19901994199820022006201020142018202220251990: 834,805,654 US$1991: 830,102,041 US$1992: 358,731,094 US$1993: 407,857,759 US$1994: 523,378,042 US$1995: 928,916,763 US$1996: 886,529,439 US$1997: 780,233,344 US$1998: 797,034,641 US$1999: 723,544,418 US$2000: 825,505,429 US$2001: 643,824,895 US$2002: 837,034,563 US$2003: 886,837,215 US$2004: 1,195,994,336 US$2005: 1,242,054,089 US$2006: 1,468,860,748 US$2007: 1,976,802,185 US$2008: 2,768,006,054 US$2009: 2,420,240,552 US$2010: 2,301,755,356 US$2011: 2,824,432,960 US$2012: 2,819,028,926 US$2013: 3,116,368,880 US$2014: 3,442,223,853 US$2015: 3,059,973,900 US$2016: 3,469,585,770 US$2017: 3,649,123,364 US$2018: 4,100,285,128 US$2019: 4,318,946,188 US$2020: 3,698,097,631 US$2021: 4,511,003,172 US$2022: 5,017,994,894 US$2023: 4,697,527,492 US$2024: 5,186,572,444 US$2025: 6,059,424,703 US$
Change over the period: +5.22B (+625.85%) Average annual rate: 5.83 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: North Macedonia

North Macedonia 6.06B US$
Southern Europe computed 1.19T US$
Upper-middle-income countries computed 2.69T US$
Gross capital formation in US dollars — North Macedonia, by year North Macedonia All countries CSV XLSX
Year US$ Change Change, %
2025 6.06B +873M +16.83%
2024 5.19B +489M +10.41%
2023 4.7B −320M −6.39%
2022 5.02B +507M +11.24%
2021 4.51B +813M +21.98%
2020 3.7B −621M −14.38%
2019 4.32B +219M +5.33%
2018 4.1B +451M +12.36%
2017 3.65B +180M +5.17%
2016 3.47B +410M +13.39%
2015 3.06B −382M −11.1%
2014 3.44B +326M +10.46%
2013 3.12B +297M +10.55%
2012 2.82B −5.4M −0.19%
2011 2.82B +523M +22.71%
2010 2.3B −118M −4.9%
2009 2.42B −348M −12.56%
2008 2.77B +791M +40.02%
2007 1.98B +508M +34.58%
2006 1.47B +227M +18.26%
2005 1.24B +46.06M +3.85%
2004 1.2B +309M +34.86%
2003 887M +49.8M +5.95%
2002 837M +193M +30.01%
2001 644M −182M −22.01%
2000 826M +102M +14.09%
1999 724M −73.49M −9.22%
1998 797M +16.8M +2.15%
1997 780M −106M −11.99%
1996 887M −42.39M −4.56%
1995 929M +406M +77.48%
1994 523M +116M +28.32%
1993 408M +49.13M +13.69%
1992 359M −471M −56.78%
1991 830M −4.7M −0.56%
1990 835M

About the indicator

Gross fixed capital formation and changes in inventories in current US dollars — what is commonly called investment in the economy. It covers the construction of buildings and structures, purchases of machinery and equipment, roads and networks, as well as the build-up of inventories. The word gross means that the wear of existing capital is not deducted: part of these outlays merely replaces what is retiring rather than adding to the stock.

Important: This concerns outlays on physical capital inside the country, not financial investment and not inflows of foreign capital.

Source: World Development Indicators (World Bank), license CC BY 4.0.