Gross Domestic Product, second quarter 2025
Gross domestic product grew by 3.4% in the second quarter of 2025 compared to the second quarter of 2024
The growth rate of the GDP in the second quarter of 2025 compared to the same quarter of 2024, was 3.4%.
In the second quarter of 2025, a bigger increase was recorded in sections: Construction by 7.3%, Wholesale and retail trade; repair of motor vehicles and motorcycles; Transportation and storage; Accommodation and food service activities by 6.0% and Mining and quarrying; Manufacturing; Electricity, gas, steam and air conditioning supply; Water supply; sewerage, waste management and remediation activities by 3.9%.
The Household final consumption, including Non-profit institutions serving households, in the second quarter of 2025, increased by 6.1%, and its share in the GDP structure was 68.5 %.
In the same period, Export of goods and services increased by 6.4% in nominal terms and Import of goods and services also increased by 7.3%.
According to seasonally and calendar adjusted data, growth rate of the Gross Domestic Product in the second quarter of 2025 compared to the second quarter of 2024 was 3.2%.
Key takeaway
In the second quarter of 2025 compared to the second quarter of 2024:
• The growth rate of the GDP was 3.4%
• Gross capital formation recorded an increase, mainly due to the increase in the gross fixed capital formation
Tables
2024 - Estimated data
2025 - Estimated data
2024 - Estimated data
2025 - Estimated data
National Classification of Activities - NACE Rev.2
2024 - Estimated data
2025 - Estimated data
National Classification of Activities - NACE Rev.2
The real growth rates are compared to the same quarter of the previous year
2024 - Estimated data
2025 - Estimated data
NPISHs - Non-profit institutions serving households
1) Includes discrepancies in changes in inventories due to balancing
2024 - Estimated data
2025 - Estimated data
NPISHs - Non-profit institutions serving households
1) Includes discrepancies in changes in inventories due to balancing
The real growth rates are compared to the same quarter of the previous year
Symbols used →
StatisticalDatabase
Chart
Gross domestic product, at constant prices, reference year 2005
Raw and seasonal adjusted data
Contact
Lence NedanoskaPhone: +389 2 3295 666
Email: lence.nedanoska@stat.gov.mk