North Macedonia - Gross fixed capital formation
Gross fixed capital formation, private sector (current LCU)
The value for Gross fixed capital formation, private sector (current LCU) in North Macedonia was 108,718,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 110,678,000,000 in 2019 and a minimum value of 37,884,410,000 in 2000.
Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 2000 | 37,884,410,000 |
| 2001 | 39,828,040,000 |
| 2002 | 41,418,030,000 |
| 2003 | 43,339,820,000 |
| 2004 | 47,287,740,000 |
| 2005 | 46,222,830,000 |
| 2006 | 51,585,430,000 |
| 2007 | 69,957,930,000 |
| 2008 | 85,481,730,000 |
| 2009 | 79,713,180,000 |
| 2010 | 71,894,230,000 |
| 2011 | 80,549,620,000 |
| 2012 | 78,917,430,000 |
| 2013 | 88,029,640,000 |
| 2014 | 89,962,150,000 |
| 2015 | 100,150,000,000 |
| 2016 | 107,855,000,000 |
| 2017 | 108,817,000,000 |
| 2018 | 106,894,000,000 |
| 2019 | 110,678,000,000 |
| 2020 | 108,718,000,000 |
Gross fixed capital formation, private sector (% of GDP)
Gross fixed capital formation, private sector (% of GDP) in North Macedonia was 16.37 as of 2020. Its highest value over the past 20 years was 20.60 in 2008, while its lowest value was 14.99 in 2005.
Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2000 | 15.24 |
| 2001 | 15.78 |
| 2002 | 16.02 |
| 2003 | 16.13 |
| 2004 | 16.84 |
| 2005 | 14.99 |
| 2006 | 15.41 |
| 2007 | 18.76 |
| 2008 | 20.60 |
| 2009 | 19.23 |
| 2010 | 16.44 |
| 2011 | 17.35 |
| 2012 | 16.91 |
| 2013 | 17.54 |
| 2014 | 17.05 |
| 2015 | 17.92 |
| 2016 | 18.13 |
| 2017 | 17.60 |
| 2018 | 16.17 |
| 2019 | 15.98 |
| 2020 | 16.37 |
Gross fixed capital formation (current US$)
The latest value for Gross fixed capital formation (current US$) in North Macedonia was $2,524,498,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $2,669,116,000 in 2014 and $425,784,500 in 1993.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1990 | $804,770,300 |
| 1991 | $912,755,100 |
| 1992 | $448,968,800 |
| 1993 | $425,784,500 |
| 1994 | $519,171,000 |
| 1995 | $739,854,000 |
| 1996 | $766,722,300 |
| 1997 | $644,674,900 |
| 1998 | $623,959,400 |
| 1999 | $609,998,300 |
| 2000 | $770,713,100 |
| 2001 | $820,905,100 |
| 2002 | $860,810,800 |
| 2003 | $998,797,900 |
| 2004 | $1,211,964,000 |
| 2005 | $1,199,849,000 |
| 2006 | $1,384,806,000 |
| 2007 | $1,896,856,000 |
| 2008 | $2,560,566,000 |
| 2009 | $2,316,227,000 |
| 2010 | $2,176,985,000 |
| 2011 | $2,479,064,000 |
| 2012 | $2,284,826,000 |
| 2013 | $2,572,911,000 |
| 2014 | $2,669,116,000 |
| 2015 | $2,406,085,000 |
| 2016 | $2,608,803,000 |
| 2017 | $2,550,640,000 |
| 2018 | $2,540,671,000 |
| 2019 | $2,652,656,000 |
| 2020 | $2,524,498,000 |
Gross fixed capital formation (current LCU)
The value for Gross fixed capital formation (current LCU) in North Macedonia was 136,687,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 145,756,000,000 in 2019 and a minimum value of 91,100,000 in 1990.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1990 | 91,100,000 |
| 1991 | 178,900,000 |
| 1992 | 2,285,700,000 |
| 1993 | 9,878,200,000 |
| 1994 | 22,461,000,000 |
| 1995 | 28,027,000,000 |
| 1996 | 30,654,400,000 |
| 1997 | 32,236,000,000 |
| 1998 | 33,981,890,000 |
| 1999 | 34,710,000,000 |
| 2000 | 50,793,000,000 |
| 2001 | 55,852,000,000 |
| 2002 | 55,393,000,000 |
| 2003 | 54,257,000,000 |
| 2004 | 59,883,000,000 |
| 2005 | 59,133,000,000 |
| 2006 | 67,581,000,000 |
| 2007 | 84,846,000,000 |
| 2008 | 107,205,000,000 |
| 2009 | 102,147,000,000 |
| 2010 | 101,198,000,000 |
| 2011 | 109,651,000,000 |
| 2012 | 109,421,000,000 |
| 2013 | 119,371,000,000 |
| 2014 | 123,946,000,000 |
| 2015 | 133,627,000,000 |
| 2016 | 145,393,000,000 |
| 2017 | 139,432,000,000 |
| 2018 | 132,387,000,000 |
| 2019 | 145,756,000,000 |
| 2020 | 136,687,000,000 |
Gross fixed capital formation (constant 2010 US$)
The latest value for Gross fixed capital formation (constant 2010 US$) in North Macedonia was 2,219,758,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 2,643,535,000 in 2016 and 834,249,300 in 1999.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1990 | 1,594,146,000 |
| 1991 | 1,527,196,000 |
| 1992 | 1,274,027,000 |
| 1993 | 1,173,054,000 |
| 1994 | 1,072,334,000 |
| 1995 | 852,390,700 |
| 1996 | 907,954,900 |
| 1997 | 868,920,400 |
| 1998 | 846,494,200 |
| 1999 | 834,249,300 |
| 2000 | 1,139,115,000 |
| 2001 | 1,249,851,000 |
| 2002 | 1,248,593,000 |
| 2003 | 1,192,694,000 |
| 2004 | 1,286,585,000 |
| 2005 | 1,154,132,000 |
| 2006 | 1,231,198,000 |
| 2007 | 1,446,104,000 |
| 2008 | 1,703,111,000 |
| 2009 | 1,748,808,000 |
| 2010 | 1,678,404,000 |
| 2011 | 1,901,467,000 |
| 2012 | 2,024,153,000 |
| 2013 | 2,094,242,000 |
| 2014 | 2,178,109,000 |
| 2015 | 2,406,085,000 |
| 2016 | 2,643,535,000 |
| 2017 | 2,494,021,000 |
| 2018 | 2,334,326,000 |
| 2019 | 2,537,242,000 |
| 2020 | 2,219,758,000 |
Gross fixed capital formation (annual % growth)
The value for Gross fixed capital formation (annual % growth) in North Macedonia was -12.51 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 36.54 in 2000 and a minimum value of -20.51 in 1995.
Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1991 | -4.20 |
| 1992 | -16.58 |
| 1993 | -7.93 |
| 1994 | -8.59 |
| 1995 | -20.51 |
| 1996 | 6.52 |
| 1997 | -4.30 |
| 1998 | -2.58 |
| 1999 | -1.45 |
| 2000 | 36.54 |
| 2001 | 9.72 |
| 2002 | -0.10 |
| 2003 | -4.48 |
| 2004 | 7.87 |
| 2005 | -10.29 |
| 2006 | 6.68 |
| 2007 | 17.46 |
| 2008 | 17.77 |
| 2009 | 2.68 |
| 2010 | -4.03 |
| 2011 | 13.29 |
| 2012 | 6.45 |
| 2013 | 3.46 |
| 2014 | 4.00 |
| 2015 | 10.47 |
| 2016 | 9.87 |
| 2017 | -5.66 |
| 2018 | -6.40 |
| 2019 | 8.69 |
| 2020 | -12.51 |
Gross fixed capital formation (constant LCU)
The value for Gross fixed capital formation (constant LCU) in North Macedonia was 112,937,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 134,498,000,000 in 2016 and a minimum value of 42,445,000,000 in 1999.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1990 | 81,107,080,000 |
| 1991 | 77,700,810,000 |
| 1992 | 64,820,030,000 |
| 1993 | 59,682,730,000 |
| 1994 | 54,558,310,000 |
| 1995 | 43,368,000,000 |
| 1996 | 46,195,000,000 |
| 1997 | 44,209,000,000 |
| 1998 | 43,068,000,000 |
| 1999 | 42,445,000,000 |
| 2000 | 57,956,000,000 |
| 2001 | 63,590,000,000 |
| 2002 | 63,526,000,000 |
| 2003 | 60,682,000,000 |
| 2004 | 65,459,000,000 |
| 2005 | 58,720,000,000 |
| 2006 | 62,641,000,000 |
| 2007 | 73,575,000,000 |
| 2008 | 86,651,000,000 |
| 2009 | 88,976,000,000 |
| 2010 | 85,394,000,000 |
| 2011 | 96,743,000,000 |
| 2012 | 102,985,000,000 |
| 2013 | 106,551,000,000 |
| 2014 | 110,818,000,000 |
| 2015 | 122,417,000,000 |
| 2016 | 134,498,000,000 |
| 2017 | 126,891,000,000 |
| 2018 | 118,766,000,000 |
| 2019 | 129,090,000,000 |
| 2020 | 112,937,000,000 |
Gross fixed capital formation (% of GDP)
Gross fixed capital formation (% of GDP) in North Macedonia was 20.59 as of 2020. Its highest value over the past 30 years was 25.84 in 2008, while its lowest value was 14.59 in 1994.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1990 | 17.12 |
| 1991 | 18.48 |
| 1992 | 18.42 |
| 1993 | 15.87 |
| 1994 | 14.59 |
| 1995 | 15.72 |
| 1996 | 16.52 |
| 1997 | 16.48 |
| 1998 | 16.57 |
| 1999 | 15.79 |
| 2000 | 20.43 |
| 2001 | 22.13 |
| 2002 | 21.42 |
| 2003 | 20.19 |
| 2004 | 21.33 |
| 2005 | 19.17 |
| 2006 | 20.18 |
| 2007 | 22.75 |
| 2008 | 25.84 |
| 2009 | 24.64 |
| 2010 | 23.14 |
| 2011 | 23.62 |
| 2012 | 23.45 |
| 2013 | 23.78 |
| 2014 | 23.49 |
| 2015 | 23.91 |
| 2016 | 24.44 |
| 2017 | 22.56 |
| 2018 | 20.03 |
| 2019 | 21.04 |
| 2020 | 20.59 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
