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North Macedonia Gross fixed capital formation (constant 2015 US$)
What is North Macedonia's gross fixed capital formation (constant 2015 us$)? As of 2023, it's 2.9B constant 2015 US$, up from 2.2B constant 2015 US$ in 2014.
| Label | Gross fixed capital formation (constant 2015 US$) |
|---|---|
| 2014 | 2172030039.4223 constant 2015 US$ |
| 2015 | 2399370150.4806 constant 2015 US$ |
| 2016 | 2636157449.5318 constant 2015 US$ |
| 2017 | 2487060439.0291 constant 2015 US$ |
| 2018 | 2327810641.4303 constant 2015 US$ |
| 2019 | 2530160784.25 constant 2015 US$ |
| 2020 | 2540254771.4209 constant 2015 US$ |
| 2021 | 2635922249.8307 constant 2015 US$ |
| 2022 | 2733373325.9737 constant 2015 US$ |
| 2023 | 2887546730.0244 constant 2015 US$ |
Data Source: World Bank and Wantstats Repository
North Macedonia Gross fixed capital formation (constant 2015 US$): Key Points
- Measured in 2023, North Macedonia's gross fixed capital formation sits at 2.89B constant 2015 US$. The series opened at 2.17B constant 2015 US$ in 2014, making the full move a 33% rise.
- 2015-2016: works higher, reaching 2.64B constant 2015 US$ (+21%).
- 2017-2018: drifts lower, 2.33B constant 2015 US$ (-12%).
- 2019: lifts to 2.53B constant 2015 US$ (+9%).
- 2021-2023: climbs to 2.89B constant 2015 US$ (+14%).
- Net result across the whole period: up 32.9%, closing 2023 at 2.89B constant 2015 US$.
What The Ups And Downs Really Mean
This is a series to read year by year, not to summarize with a single trend line. Doing the latter would flatten out real, meaningful movement.
This data comes from North Macedonia's statistical reporting, sourced from the link below. As with most cross-country indicator datasets, expect the underlying survey to run less often than annually, with gaps modeled in between.
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