The Gross Domestic Product (GDP) in Macedonia was worth 12.27 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Macedonia represents 0.01 percent of the world economy. source: World Bank

GDP in Macedonia averaged 7.21 USD Billion from 1990 until 2020, reaching an all time high of 12.63 USD Billion in 2018 and a record low of 2.44 USD Billion in 1992. This page provides the latest reported value for - Macedonia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia GDP - values, historical data and charts - was last updated on September of 2021.

GDP in Macedonia is expected to reach 13.79 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia GDP is projected to trend around 14.82 USD Billion in 2022 and 15.72 USD Billion in 2023, according to our econometric models.

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Macedonia GDP

Actual Previous Highest Lowest Dates Unit Frequency
12.27 12.55 12.63 2.44 1990 - 2020 USD Billion Yearly
Current USD

Macedonia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 13.10 -1.90 13.10 -14.90 percent [+]
GDP 12.27 12.55 12.63 2.44 USD Billion [+]
GDP Constant Prices 172900.00 162705.00 187814.00 59063.00 MKD Million [+]
Gross Fixed Capital Formation 146077.79 130242.22 146077.79 34716.00 MKD Million [+]
GDP per capita 5371.00 5625.70 5625.70 3058.60 USD [+]
GDP per capita PPP 15848.42 16600.14 16600.14 9025.30 USD [+]

Macedonia GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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