Home → North Macedonia → Economy & Growth → GDP per Capita

North Macedonia GDP per Capita

GDP divided by midyear population  NY.GDP.PCAP.CD

North Macedonia's gdp per capita was $10,378 in 2025, ranked 85th globally. This represents a 11.7% increase from 2024. Data from World Bank, covering 1990–2025.

$10,378 +$1,086 (+11.7%)
Year 2025 Rank #85 Global Peak $10,378 (2025) Source World Bank

North Macedonia GDP per Capita (1990–2025)

Overview

North Macedonia's gdp per capita stood at $10,378 in 2025, a rise of +$1,086 from 2024. The IMF projects $10,378 by 2025. North Macedonia ranked 85th globally.

North Macedonia’s GDP per capita reached 10,377.99 in 2025, marking its all-time peak and placing it 85th globally, according to World Bank data. This represents a significant recovery and expansion from the trough of 1,198.93 recorded in 1992, shortly after the country’s independence, when economic instability and regional turmoil depressed output. Over the 36-year coverage period, the economy has gradually transitioned from the collapse of the Yugoslav system toward a more market-oriented structure, supported by reforms, remittances, and integration into regional trade networks. In 2025, North Macedonia’s income level was comparable to that of Georgia, which recorded 10,125.98, and slightly below Brazil’s 10,577.85, reflecting its position among upper-middle-income economies. Sustained growth will depend on improvements in governance, private sector competitiveness, and access to European Union markets. Without deeper structural reforms and foreign direct investment, the current growth trajectory may plateau, limiting further convergence with higher-ranked economies.

Data & projection

Year GDP per Capita YoY change Rank
2030* IMF $14,510 - -
2029* IMF $13,715 - -
2028* IMF $12,954 - -
2027* IMF $12,269 - -
2026* IMF $11,527 - -
2025* IMF $10,378 - -
2025 $10,378 +$1,086 #85
2024 $9,292 +$663 #95
2023 $8,674 +$1,055 #97
2022 $7,606 −$19 #107
2021 $7,621 +$948 #104
2020 $6,660 −$61 #103
2019 $6,719 −$1 #110
2018 $6,714 +$743 #110
2017 $5,955 +$350 #116
2016 $5,598 +$334 #117
2015 $5,263 −$671 #119
2014 $5,925 +$296 #119
2013 $5,626 +$573 #121
2012 $5,050 −$369 #124
2011 $5,417 +$580 #119
Show all years (1990-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.7% GDP growth 2.6% C/A balance 0.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

North Macedonia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp per capita improve within 24 months. View full analysis →

Frequently Asked Questions

What is North Macedonia's gdp per capita?▾

North Macedonia's gdp per capita was $10,378 in 2025. Ranked 85th globally. This represents a 11.7% increase from the previous year.

What was the highest gdp per capita in North Macedonia?▾

North Macedonia's gdp per capita peaked at $10,378 in 2025.

What was the lowest gdp per capita in North Macedonia?▾

The lowest gdp per capita in North Macedonia was $1,199 in 1992.

How does North Macedonia rank in gdp per capita?▾

North Macedonia ranks 85th globally in gdp per capita as of 2025.

What is the World Bank indicator code for gdp per capita?▾

The World Bank indicator code is NY.GDP.PCAP.CD. Data sourced from World Bank.

What is the projected gdp per capita of North Macedonia in 2025?▾

North Macedonia's gdp per capita is projected to reach $10,378 by 2025 based on IMF projection.

What is the gdp per capita of North Macedonia in 2025?▾

The gdp per capita of North Macedonia in 2025 was $10,378. This ranks 85th in the world.

Cite this page

APA
North Macedonia GDP per Capita. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/north-macedonia/gdp-per-capita/
BibTeX
@misc{historysaid_north-macedonia_gdp-per-capita, title = {North Macedonia GDP per Capita}, url = {https://historysaid.com/north-macedonia/gdp-per-capita/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub