GDP (constant LCU) (UNESCO Institute) in North Macedonia

North Macedonia: GDP (constant LCU) (UNESCO Institute) was 505.01 billion constant LCU in 2024. ▲ Rising

Latest (2024)
505.01 billion constant LCU
Change on year
up 2.8%
World rank
108th
of 212 countries
All-time high
505.01 billion constant LCU
in 2024
All-time low
241.72 billion constant LCU
in 1995
Years of data
35
1990–2024

GDP in North Macedonia, 1990–2024

0200.0B400.0B600.0B1990200720241990: 306.7B constant LCU1991: 287.8B constant LCU1992: 268.9B constant LCU1993: 248.8B constant LCU1994: 244.4B constant LCU1995: 241.7B constant LCU1996: 244.6B constant LCU1997: 248.1B constant LCU1998: 256.5B constant LCU1999: 267.6B constant LCU2000: 279.8B constant LCU2001: 271.2B constant LCU2002: 275.3B constant LCU2003: 281.4B constant LCU2004: 294.5B constant LCU2005: 308.4B constant LCU2006: 324.3B constant LCU2007: 345.3B constant LCU2008: 364.2B constant LCU2009: 362.9B constant LCU2010: 375.1B constant LCU2011: 383.8B constant LCU2012: 382.1B constant LCU2013: 393.3B constant LCU2014: 407.5B constant LCU2015: 423.2B constant LCU2016: 435.3B constant LCU2017: 440.0B constant LCU2018: 452.7B constant LCU2019: 470.4B constant LCU2020: 448.3B constant LCU2021: 468.6B constant LCU2022: 481.5B constant LCU2023: 491.5B constant LCU2024: 505.0B constant LCU

Source: UNESCO Institute for Statistics. Measured in constant LCU.

Analysis

The most recent figure for gdp in North Macedonia is 505.01 billion constant LCU, measured in 2024. That is the highest value across all 35 years on record.

That represents a change of up 2.8% on the previous year and up 23.9% over ten years.

Over the whole period, gdp in North Macedonia peaked at 505.01 billion constant LCU in 2024 and was at its lowest, 241.72 billion constant LCU, in 1995.

That places North Macedonia 108th out of 212 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

GDP (constant LCU) (UNESCO Institute) in North Macedonia, year by year

Annual values for GDP (constant LCU) in North Macedonia, 1990 to 2024.
Year constant LCU Change
1990 306.73 billion constant LCU —
1991 287.80 billion constant LCU -6.2%
1992 268.91 billion constant LCU -6.6%
1993 248.82 billion constant LCU -7.5%
1994 244.45 billion constant LCU -1.8%
1995 241.72 billion constant LCU -1.1%
1996 244.59 billion constant LCU +1.2%
1997 248.11 billion constant LCU +1.4%
1998 256.49 billion constant LCU +3.4%
1999 267.62 billion constant LCU +4.3%
2000 279.79 billion constant LCU +4.5%
2001 271.21 billion constant LCU -3.1%
2002 275.26 billion constant LCU +1.5%
2003 281.38 billion constant LCU +2.2%
2004 294.53 billion constant LCU +4.7%
2005 308.45 billion constant LCU +4.7%
2006 324.29 billion constant LCU +5.1%
2007 345.29 billion constant LCU +6.5%
2008 364.18 billion constant LCU +5.5%
2009 362.87 billion constant LCU -0.4%
2010 375.06 billion constant LCU +3.4%
2011 383.84 billion constant LCU +2.3%
2012 382.09 billion constant LCU -0.5%
2013 393.26 billion constant LCU +2.9%
2014 407.54 billion constant LCU +3.6%
2015 423.25 billion constant LCU +3.9%
2016 435.30 billion constant LCU +2.8%
2017 440.01 billion constant LCU +1.1%
2018 452.69 billion constant LCU +2.9%
2019 470.39 billion constant LCU +3.9%
2020 448.34 billion constant LCU -4.7%
2021 468.56 billion constant LCU +4.5%
2022 481.49 billion constant LCU +2.8%
2023 491.46 billion constant LCU +2.1%
2024 505.01 billion constant LCU +2.8%

North Macedonia compared with similar countries

  • North Macedonia's 505.01 billion constant LCU is below the median for upper middle income countries, which is 563.52 billion constant LCU, 90% of the median. (58 countries reporting)
  • North Macedonia's 505.01 billion constant LCU is above the median for Europe & Central Asia, which is 410.71 billion constant LCU, 1.2× the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 261.52 billion constant LCU 241.72 billion constant LCU 306.73 billion constant LCU 10
2000s 310.73 billion constant LCU 271.21 billion constant LCU 364.18 billion constant LCU 10
2010s 416.34 billion constant LCU 375.06 billion constant LCU 470.39 billion constant LCU 10
2020s 478.97 billion constant LCU 448.34 billion constant LCU 505.01 billion constant LCU 5

Countries ranked near North Macedonia

  1. 105 Mauritius 543.25 billion constant LCU compare
  2. 106 Belgium 524.98 billion constant LCU compare
  3. 107 Romania 506.57 billion constant LCU compare
  4. 109 Ireland 461.52 billion constant LCU compare
  5. 110 Austria 410.71 billion constant LCU compare
  6. 111 Macao 401.86 billion constant LCU compare

See the full ranking of 212 places →

More population data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is gdp in North Macedonia?
Gdp in North Macedonia was 505.01 billion constant LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in North Macedonia?
The highest recorded value was 505.01 billion constant LCU in 2024.
What is the lowest gdp recorded in North Macedonia?
The lowest recorded value was 241.72 billion constant LCU in 1995.
How does North Macedonia rank for gdp?
North Macedonia ranks 108th out of 212 countries with data for 2024.
Is gdp rising or falling in North Macedonia?
Over the last ten years it is up 23.9%. 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 GDP (constant LCU). Statizoid updates them automatically from the source API.

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GDP in North Macedonia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-2/north-macedonia/

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About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,234 data points, 1970–2024
Last refreshed

February 2026 Data Release