North Macedonia Industry Value Added
Industry (including construction) value added as % of GDP NV.IND.TOTL.ZS
North Macedonia's industry value added was 24.51% in 2025, ranked 96th globally. This represents a 1.8% increase from 2024. Data from World Bank, covering 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.
North Macedonia’s industry value added fell from its 1990 peak of 37.44 to a low of 18.97 in 2009, before rebounding to 24.51 in 2025, placing it 96th in the world. The decline through the 1990s and 2000s reflects the structural adjustment and de‑industrialisation that accompanied the country’s transition from a centrally planned to a market economy, while the modest recovery after 2009 coincides with increased foreign investment and export‑oriented manufacturing. In 2025 the nation’s performance is almost identical to that of Switzerland (24.53) and Cuba (24.54), illustrating that its industrial contribution now aligns with a diverse set of economies despite markedly different income levels. Over the 36‑year series, the industry share of GDP has remained below the early‑1990s high, suggesting limited capacity to regain the former peak without substantive policy shifts. Continued diversification into high‑value sectors and improved infrastructure could sustain the upward trajectory and narrow the gap with higher‑ranking peers.
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 |
Detected Pattern
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
North Macedonia's industry value added was 24.51% in 2025. Ranked 96th globally. This represents a 1.8% increase from the previous year.
North Macedonia's industry value added peaked at 37.44% in 1990.
The lowest industry value added in North Macedonia was 18.97% in 2009.
North Macedonia ranks 96th globally in industry value added as of 2025.
The World Bank indicator code is NV.IND.TOTL.ZS. Data sourced from World Bank.
North Macedonia's industry value added is projected to reach 24.51% by 2025 based on trend extrapolation.
The industry value added of North Macedonia in 2025 was 24.51%. This ranks 96th in the world.
Cite this page
@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}
}