North Macedonia: Capital investment, percent of GDP

The latest value from 2025 is 31.72 percent, an increase from 30.6 percent in 2024. In comparison, the world average is 23.08 percent, based on data from 130 countries. Historically, the average for North Macedonia from 1990 to 2025 is 24.63 percent. The minimum value, 14.7 percent, was reached in 1994 while the maximum of 36.02 percent was recorded in 2022. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

The capital investment in North Macedonia and other countries is calculated as the purchases of new plant and equipment by firms, as percent of GDP. A high number is good for long-term economic growth as current investment leads to greater future production.

Definition: Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.