North Macedonia - Gross value added at factor cost

Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in North Macedonia was $10,877,710,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $11,014,280,000 in 2018 and $2,068,910,000 in 1992.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 $3,954,240,000
1991 $3,926,393,000
1992 $2,068,910,000
1993 $2,274,562,000
1994 $2,838,516,000
1995 $3,780,187,000
1996 $3,738,697,000
1997 $3,195,251,000
1998 $3,089,052,000
1999 $3,151,323,000
2000 $3,180,404,000
2001 $3,142,139,000
2002 $3,313,173,000
2003 $4,274,064,000
2004 $4,931,927,000
2005 $5,373,927,000
2006 $5,965,067,000
2007 $7,184,897,000
2008 $8,530,442,000
2009 $8,126,171,000
2010 $8,114,397,000
2011 $9,029,364,000
2012 $8,429,348,000
2013 $9,412,721,000
2014 $9,865,539,000
2015 $8,794,266,000
2016 $9,251,467,000
2017 $9,800,075,000
2018 $11,014,280,000
2019 $10,946,180,000
2020 $10,877,710,000

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in North Macedonia was 588,966,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 601,462,000,000 in 2019 and a minimum value of 447,620,000 in 1990.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1990 447,620,000
1991 769,573,000
1992 10,532,820,000
1993 52,769,850,000
1994 122,803,000,000
1995 143,200,000,000
1996 149,477,000,000
1997 159,774,000,000
1998 168,235,000,000
1999 179,316,000,000
2000 209,601,000,000
2001 213,782,000,000
2002 213,202,000,000
2003 232,177,000,000
2004 243,686,000,000
2005 264,847,000,000
2006 291,106,000,000
2007 321,379,000,000
2008 357,150,000,000
2009 358,369,000,000
2010 377,201,000,000
2011 399,376,000,000
2012 403,684,000,000
2013 436,706,000,000
2014 458,127,000,000
2015 488,408,000,000
2016 515,600,000,000
2017 535,726,000,000
2018 573,922,000,000
2019 601,462,000,000
2020 588,966,000,000

Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in North Macedonia was 9,224,523,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 9,676,429,000 in 2019 and 4,892,049,000 in 1995.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. 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 6,207,675,000
1991 5,824,613,000
1992 5,442,233,000
1993 5,035,736,000
1994 4,947,187,000
1995 4,892,049,000
1996 4,950,022,000
1997 5,105,564,000
1998 5,269,133,000
1999 5,511,105,000
2000 5,734,971,000
2001 5,580,583,000
2002 5,646,082,000
2003 5,791,599,000
2004 6,060,411,000
2005 6,314,893,000
2006 6,600,420,000
2007 6,991,979,000
2008 7,392,432,000
2009 7,370,138,000
2010 7,621,568,000
2011 7,770,137,000
2012 7,718,396,000
2013 8,020,566,000
2014 8,420,327,000
2015 8,794,266,000
2016 8,972,353,000
2017 9,054,565,000
2018 9,318,943,000
2019 9,676,429,000
2020 9,224,523,000

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in North Macedonia was 386,877,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 405,830,000,000 in 2019 and a minimum value of 205,173,000,000 in 1995.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1990 260,350,000,000
1991 244,285,000,000
1992 228,248,000,000
1993 211,199,000,000
1994 207,485,000,000
1995 205,173,000,000
1996 207,604,000,000
1997 214,128,000,000
1998 220,988,000,000
1999 231,136,000,000
2000 240,525,000,000
2001 234,050,000,000
2002 236,797,000,000
2003 242,900,000,000
2004 254,174,000,000
2005 264,847,000,000
2006 276,822,000,000
2007 293,244,000,000
2008 310,039,000,000
2009 309,104,000,000
2010 319,649,000,000
2011 325,880,000,000
2012 323,710,000,000
2013 336,383,000,000
2014 353,149,000,000
2015 368,832,000,000
2016 376,301,000,000
2017 379,749,000,000
2018 390,837,000,000
2019 405,830,000,000
2020 386,877,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts