North Macedonia Real GDP
North Macedonia's real GDP rose to $12.01 billion in 2024, up from $11.69 billion in 2023, according to World Bank. This represents an increase of 2.8% ($322.11 million) from the previous year and accounts for 0.01% of the world's total real GDP. North Macedonia has real GDP lower than the global median ($12.01 billion vs median $29.34 billion). Compared with the median in Europe, North Macedonia is lower ($12.01 billion vs regional median $78.54 billion) and ranks 39th out of 47 countries in Europe.
North Macedonia's GDP per capita rose to $6,700.64 in 2024, up from $6,393.77 in 2023.
Yearly Historical Data (1990-2024)
(in Billion USD)North Macedonia Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in North Macedonia, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.