North Macedonia: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 0.81 percent as of Q4 2024, an increase compared to the previous value of 0.74 percent. Historically, the average for North Macedonia from Q2 2000 to Q4 2024 is 0.65 percent. The minimum of -13.7 percent was recorded in Q2 2020, while the maximum of 12.8 percent was reached in Q3 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: State Statistical Office of the Republic of Macedonia
| Recent values | North Macedonia: Economic growth, quarterly |
|---|---|
| 2024 Q4 | 0.81 |
| 2024 Q3 | 0.74 |
| 2024 Q2 | 1.1 |
| 2024 Q1 | 0.27 |
| 2023 Q4 | 0.75 |
| 2023 Q3 | 0.69 |
| 2023 Q2 | 0.87 |
| 2023 Q1 | 0.28 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 2.07 | 2023 | percent |
| GDP, constant dollars | 11.5 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 15.76 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 8,624.29 | 2023 | U.S. dollars |
| GDP per capita, PPP | 23,585 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 6,350.24 | 2023 | U.S. dollars |
| Economic growth, quarterly | 2.95 | Q4/2024 | percent |
| Economic growth Q-on-Q | 0.81 | Q4/2024 | percent |
| Gross Domestic Product (GDP) | 264.47 | Q4/2024 | billion |