Gross national savings — all countries

Gross national savings — North Macedonia

Gross national savings in North Macedonia in 2025 — 27.5%. Ranked 20 in the world out of 73. Since 1996, the indicator has risen by 15.4 pp.

2025 27.5% −0.9 pp vs 2024
World rank 20of 73
Period maximum 32.7%2018
Period minimum 3.9%1998

Trend over time

1996–2025 · % of GDP

Gross national savings — North Macedonia, 1996–2025010203040199619992002200520082011201420172020202320251996: 12.2%1997: 6%1998: 3.9%1999: 7.2%2000: 21.9%2001: 12.6%2002: 13.1%2003: 15.7%2004: 14.6%2005: 18.6%2006: 21.9%2007: 17.6%2008: 16.2%2009: 20.4%2010: 23.8%2011: 25.9%2012: 26.7%2013: 27.4%2014: 29.9%2015: 28.7%2016: 30.3%2017: 31.9%2018: 32.7%2019: 31.8%2020: 27.1%2021: 29.1%2022: 29.9%2023: 30%2024: 28.4%2025: 27.5%
Change over the period: +15.4 pp Annual average: 0.53 pp

Comparison, 2025

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

North Macedonia 27.5%
Gross national savings — North Macedonia, by year North Macedonia All countries CSV XLSX
Year % Change, pp
2025 27.5 −0.9 pp
2024 28.4 −1.5 pp
2023 30 +0 pp
2022 29.9 +0.8 pp
2021 29.1 +2 pp
2020 27.1 −4.7 pp
2019 31.8 −0.9 pp
2018 32.7 +0.8 pp
2017 31.9 +1.6 pp
2016 30.3 +1.6 pp
2015 28.7 −1.2 pp
2014 29.9 +2.5 pp
2013 27.4 +0.7 pp
2012 26.7 +0.8 pp
2011 25.9 +2.1 pp
2010 23.8 +3.4 pp
2009 20.4 +4.2 pp
2008 16.2 −1.4 pp
2007 17.6 −4.3 pp
2006 21.9 +3.3 pp
2005 18.6 +4 pp
2004 14.6 −1.1 pp
2003 15.7 +2.6 pp
2002 13.1 +0.4 pp
2001 12.6 −9.3 pp
2000 21.9 +14.7 pp
1999 7.2 +3.4 pp
1998 3.9 −2.2 pp
1997 6 −6.1 pp
1996 12.2

Southern Europe, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

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