GERD as a percentage of GDP in North Macedonia

North Macedonia: GERD as a percentage of GDP was 0.4% in 2024. ▲ Rising

Latest (2024)
0.4%
Change on year
up 1.0%
World rank
69th
of 116 countries
All-time high
0.5%
in 2014
All-time low
0.2%
in 2007
Years of data
28
1997–2024

GERD as a percentage of GDP in North Macedonia, 1997–2024

0.20.30.40.51997201020241997: 0.3591998: 0.4081999: 0.3282000: 0.4192001: 0.2932002: 0.2452003: 0.2112004: 0.2322005: 0.2282006: 0.1942007: 0.1712008: 0.2242009: 0.1972010: 0.2162011: 0.2232012: 0.3272013: 0.4392014: 0.5162015: 0.4442016: 0.4362017: 0.3542018: 0.3642019: 0.3682020: 0.3732021: 0.3732022: 0.3742023: 0.372024: 0.374

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for gerd as a percentage of gdp in North Macedonia is 0.4%, measured in 2024.

That represents a change of up 1.0% on the previous year and down 27.7% over ten years.

Over the whole period, gerd as a percentage of gdp in North Macedonia peaked at 0.5% in 2014 and was at its lowest, 0.2%, in 2007.

North Macedonia ranks 69th of 116 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 28 years of available data.

GERD as a percentage of GDP in North Macedonia, year by year

Annual values for GERD as a percentage of GDP in North Macedonia, 1997 to 2024.
Year Value Change
1997 0.4%
1998 0.4% +13.7%
1999 0.3% -19.7%
2000 0.4% +27.7%
2001 0.3% -30.0%
2002 0.2% -16.5%
2003 0.2% -13.9%
2004 0.2% +10.3%
2005 0.2% -1.8%
2006 0.2% -15.1%
2007 0.2% -11.8%
2008 0.2% +30.8%
2009 0.2% -12.0%
2010 0.2% +9.9%
2011 0.2% +3.0%
2012 0.3% +46.7%
2013 0.4% +34.3%
2014 0.5% +17.7%
2015 0.4% -14.0%
2016 0.4% -1.9%
2017 0.4% -18.7%
2018 0.4% +2.6%
2019 0.4% +1.1%
2020 0.4% +1.3%
2021 0.4% -0.0%
2022 0.4% +0.3%
2023 0.4% -1.0%
2024 0.4% +1.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4% 0.3% 0.4% 3
2000s 0.2% 0.2% 0.4% 10
2010s 0.4% 0.2% 0.5% 10
2020s 0.4% 0.4% 0.4% 5

Countries ranked near North Macedonia

  1. 66 Congo, Democratic Republic of the 0.4% compare
  2. 67 Chile 0.4% compare
  3. 68 Oman 0.4% compare
  4. 70 Ukraine 0.4% compare
  5. 71 Montenegro 0.4% compare
  6. 72 Costa Rica 0.3% compare

See the full ranking of 166 places →

More science & technology data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is gerd as a percentage of gdp in North Macedonia?
Gerd as a percentage of gdp in North Macedonia was 0.4% in 2024, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in North Macedonia?
The highest recorded value was 0.5% in 2014.
What is the lowest gerd as a percentage of gdp recorded in North Macedonia?
The lowest recorded value was 0.2% in 2007.
How does North Macedonia rank for gerd as a percentage of gdp?
North Macedonia ranks 69th out of 116 countries with data for 2024.
Is gerd as a percentage of gdp rising or falling in North Macedonia?
Over the last ten years it is down 27.7%. The long-run trend across the full record is rising.
Where does this North Macedonia data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in North Macedonia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 23 August 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/north-macedonia/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release