Macedonia GDPMacedonia GDPMacedonia GDP

Macedonia GDP

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Key data points


Last release
Observation period
2024
Next release
Forecast
Highest
‪16.69 B‬USD on Dec 31, 2024
Lowest
‪2.44 B‬USD on Dec 31, 1992

About Macedonia GDP


Category
GDP
Frequency
Annual
Units
USD
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.

Frequently Asked Questions


One of the ways to count Macedonia GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2024 Macedonia GDP was 16.69 B USD, and the year before it reached 15.76 B USD.
Macedonia GDP accounts for 0.01% of the world GDP.
In 2024 Macedonia GDP Per Capita was ‪6.70 K‬ USD, and in 2023 it reached ‪6.39 K‬ USD. GDP per capita is gross domestic product divided by a country's population.
Last quarter Macedonia Real GDP was ‪223.30 B‬ MKD, the quarter before it reached ‪264.47 B‬ MKD.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Macedonia GDP has ever reached is 16.69 B USD.
The lowest ever value Macedonia GDP has reached is 2.44 B USD.