Gross Domestic Product in 2024, preliminary data
The Gross Domestic Product - in 2024 was 964 087 million denars and compared to 2023, it has nominally increased by 6.8%.
The real growth rate of Gross Domestic Product (GDP) in 2024, compared to 2023, is 3.0%.
The nominal GDP growth rate in 2024, compared to 2023, is 6.8%. The value of GDP in 2024 is 964 087 million denars.
The following sectors had the biggest share of value added – 17.9% – in the structure of GDP in 2024. Wholesale and retail trade; repair of motor vehicles and motorcycles; Transportation and storage; Accommodation and food service activities.
The share of final consumption in 2024 in the structure of GDP was 82.4%.
In 2024, the share of export of goods and services in GDP was 61.7%.
Тhe total value of gross fixed capital formation (GFCF) for 2024 was 226 482 million denars.
In the technical structure of GFCF, construction participated with 53.6 %, machinery and equipment with 35.7%, and the rest of GFCF with 10.7%.
Key takeaway
In 2024 compared to 2023, Gross Domestic Product:
• Real GDP growth rate was 3.0%
• Nominally increased by 6.8 %
• GDP per capita: 8588 euros
Tables
2024-Preliminary data
National Classification of Activities - NKD Rev.2
2024-Preliminary data
National Classification of Activities - NKD Rev.2
1)Includes discrepancy due to balancing
2024-Preliminary data
National Classification of Activities - NKD Rev.2
2024-Preliminary data
National Classification of Activities - NKD Rev.2
Symbols used →
StatisticalDatabase
Chart
Gross domestic product real growth rates
Contact
Boban IlievskiPhone: +389 2 3295 666
Email: boban.ilievski@stat.gov.mk