Home North Macedonia Economy & Growth Gross Savings

North Macedonia Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

26.42% −2.03% (-7.1%)
Year 2025 Rank #46 Global Peak 32.72% (2018) Source World Bank

North Macedonia Gross Savings (1992–2025)

Overview

North Macedonia's gross savings stood at 26.42% in 2025, a decline of +2.03% from 2024. The IMF projects 26.42% by 2025. North Macedonia ranked 46th globally.

Data & projection

Year Gross Savings YoY change Rank
2030* IMF 34.08% - -
2029* IMF 30.41% - -
2028* IMF 29.73% - -
2027* IMF 28.94% - -
2026* IMF 27.73% - -
2025* IMF 26.42% - -
2025 26.42% −2.03% #46
2024 28.45% −1.57% #46
2023 29.96% −0.00% #44
2022 29.92% +0.48% #46
2021 29.10% +2.12% #53
2020 27.12% −4.17% #51
2019 31.83% −0.70% #32
2018 32.72% +1.22% #28
2017 31.89% +1.99% #31
2016 30.27% +1.62% #25
2015 28.68% −1.26% #37
2014 29.88% +2.72% #41
2013 27.38% +1.61% #47
2012 26.66% +2.26% #56
2011 25.87% +3.43% #59
Show all years (1992-2025)
* 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 gross savings improve within 24 months. View full analysis →

Frequently Asked Questions

What is North Macedonia's gross savings?

North Macedonia's gross savings was 26.42% in 2025. Ranked 46th globally. This represents a 7.1% decrease from the previous year.

What was the highest gross savings in North Macedonia?

North Macedonia's gross savings peaked at 32.72% in 2018.

What was the lowest gross savings in North Macedonia?

The lowest gross savings in North Macedonia was 2.05% in 1993.

How does North Macedonia rank in gross savings?

North Macedonia ranks 46th globally in gross savings as of 2025.

What is the World Bank indicator code for gross savings?

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the projected gross savings of North Macedonia in 2025?

North Macedonia's gross savings is projected to reach 26.42% by 2025 based on IMF projection.

What is the gross savings of North Macedonia in 2025?

The gross savings of North Macedonia in 2025 was 26.42%. This ranks 46th in the world.

Cite this page

APA
North Macedonia Gross Savings. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/north-macedonia/gross-savings
BibTeX
@misc{historysaid_north-macedonia_gross-savings, title = {North Macedonia Gross Savings}, url = {https://historysaid.com/north-macedonia/gross-savings}, publisher = {HistorySaid}, year = {2026} }