* indicates monthly or quarterly data series

Economic growth, percent change in quarterly real GDP in North Macedonia

, Q1 2001 - Q1 2021: The latest data from Q1 2021 show economic growth of -1.94 percent, which is a decrease from the rate of growth of -0.75 percent in the previous quarter and a decrease compared to the growth rate of 0.94 percent in the same quarter last year. The economic growth time series for North Macedonia cover the period from Q1 2001 to Q1 2021. During that time span, the average growth rate for North Macedonia was 2.34 percent. The lowest rate of growth of -14.92 percent was recorded in Q2 2020 while the highest growth rate was 10.7 percent in Q2 2005. See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series


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Longer historical series
Measure: percent
Source: State Statistical Office of the Republic of Macedonia

Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.
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