Macedonia: GDP per unit of energy
(measure: GDP per kg of oil equivalent; Source: The World Bank)
* indicates monthly or quarterly data series
Macedonia: GDP per unit of energy used: For that indicator, The World Bank provides data for Macedonia from 1990 to 2014. The average value for Macedonia during that period was 5.67 GDP per kg of oil equivalent with a minumum of 3.42 GDP per kg of oil equivalent in 1996 and a maximum of 10.59 GDP per kg of oil equivalent in 2014. See the global rankings for that indicator or use the country comparator to compare trends over time.
We show how much GDP, in dollars, is produced using one kilogram of oil equivalent of energy in Macedonia and other countries. The energy use includes oil, natural gas, solid fuels, renewables and electricity, all converted into oil equivalents.
Definition: GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to 2011 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.