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North Macedonia Industry Value Added

Industry (including construction) value added as % of GDP  NV.IND.TOTL.ZS

24.51% +0.44% (+1.8%)
Year 2025 Rank #96 Global Peak 37.44% (1990) Source World Bank

North Macedonia Industry Value Added (1990–2025)

Overview

North Macedonia's industry value added stood at 24.51% in 2025, a rise of +0.44% from 2024. Based on recent trends, this figure is projected to reach 24.51% by 2025. North Macedonia ranked 96th globally.

Data & projection

Year Industry Value Added YoY change Rank
2027* trend 25.33% - -
2026* trend 24.92% - -
2025* trend 24.51% - -
2025 24.51% +0.44% #96
2024 24.07% +0.06% #89
2023 24.01% +0.99% #95
2022 23.02% +0.44% #85
2021 22.58% −0.16% #93
2020 22.74% −0.96% #96
2019 23.70% −0.35% #102
2018 24.05% −0.21% #101
2017 24.26% +0.30% #109
2016 23.96% +0.04% #108
2015 23.92% +1.10% #106
2014 22.82% +0.68% #93
2013 22.14% +1.06% #86
2012 21.08% −0.51% #79
2011 21.59% +0.55% #79
Show all years (1990-2025)
* Linear trend extrapolation

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 industry value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is North Macedonia's industry value added?

North Macedonia's industry value added was 24.51% in 2025. Ranked 96th globally. This represents a 1.8% increase from the previous year.

What was the highest industry value added in North Macedonia?

North Macedonia's industry value added peaked at 37.44% in 1990.

What was the lowest industry value added in North Macedonia?

The lowest industry value added in North Macedonia was 18.97% in 2009.

How does North Macedonia rank in industry value added?

North Macedonia ranks 96th globally in industry value added as of 2025.

What is the World Bank indicator code for industry value added?

The World Bank indicator code is NV.IND.TOTL.ZS. Data sourced from World Bank.

What is the projected industry value added of North Macedonia in 2025?

North Macedonia's industry value added is projected to reach 24.51% by 2025 based on trend extrapolation.

What is the industry value added of North Macedonia in 2025?

The industry value added of North Macedonia in 2025 was 24.51%. This ranks 96th in the world.

Cite this page

APA
North Macedonia Industry Value Added. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/north-macedonia/industry-value-added
BibTeX
@misc{historysaid_north-macedonia_industry-value-added, title = {North Macedonia Industry Value Added}, url = {https://historysaid.com/north-macedonia/industry-value-added}, publisher = {HistorySaid}, year = {2026} }