North Macedonia’s GDP Growth
#66 of 189 in the GDP Growth progress rankings
Measured as the annual percentage change in real GDP at constant national prices, this indicator shows the year-on-year rate of economic expansion. It reveals economic momentum and growth trends (higher is better).
Latest (2024)
2.8 %
Year-over-year
+0.7 %
Change since start (1991→2024)
+8.9 %
Key insights
- From 1991 to 2024, GDP Growth changed by +8.9 %.
- Most recent year-over-year change (2023→2024): +0.7 %.
- Lowest level: -7.5 % in 1993.
- Highest level: 6.5 % in 2007.
GDP Growth Chart (1991–2024)
*Average based on available data from 193 UN member countries
GDP Growth Table (1991–2024)
| Year | GDP Growth |
|---|---|
| 1991 | -6.2 % |
| 1992 | -6.6 % |
| 1993 | -7.5 % |
| 1994 | -1.8 % |
| 1995 | -1.1 % |
| 1996 | 1.2 % |
| 1997 | 1.4 % |
| 1998 | 3.4 % |
| 1999 | 4.3 % |
| 2000 | 4.6 % |
| 2001 | -3.1 % |
| 2002 | 1.5 % |
| 2003 | 2.2 % |
| 2004 | 4.7 % |
| 2005 | 4.7 % |
| 2006 | 5.1 % |
| 2007 | 6.5 % |
| 2008 | 5.5 % |
| 2009 | -0.4 % |
| 2010 | 3.4 % |
| 2011 | 2.3 % |
| 2012 | -0.5 % |
| 2013 | 2.9 % |
| 2014 | 3.6 % |
| 2015 | 3.9 % |
| 2016 | 2.9 % |
| 2017 | 1.1 % |
| 2018 | 2.9 % |
| 2019 | 3.9 % |
| 2020 | -4.7 % |
| 2021 | 4.5 % |
| 2022 | 2.8 % |
| 2023 | 2.1 % |
| 2024 | 2.8 % |
Source: World Bank