Home North Macedonia Economy & Growth Services Value Added

North Macedonia Services Value Added

Services value added as % of GDP  NV.SRV.TOTL.ZS

56.45% +0.20% (+0.4%)
Year 2025 Rank #107 Global Peak 57.09% (2009) Source World Bank

North Macedonia Services Value Added (1990–2025)

Overview

North Macedonia's services value added stood at 56.45% in 2025, a rise of +0.20% from 2024. Based on recent trends, this figure is projected to reach 56.45% by 2025. North Macedonia ranked 107th globally.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 56.38% - -
2026* trend 56.41% - -
2025* trend 56.45% - -
2025 56.45% +0.20% #107
2024 56.25% −0.68% #82
2023 56.92% +0.56% #96
2022 56.37% −0.30% #103
2021 56.66% +0.11% #107
2020 56.56% +1.56% #96
2019 54.99% +0.67% #85
2018 54.32% −0.22% #89
2017 54.54% +0.99% #87
2016 53.55% −0.18% #73
2015 53.73% −0.10% #79
2014 53.83% −1.02% #90
2013 54.84% −1.47% #95
2012 56.31% +1.22% #110
2011 55.09% +0.00% #104
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 services value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is North Macedonia's services value added?

North Macedonia's services value added was 56.45% in 2025. Ranked 107th globally. This represents a 0.4% increase from the previous year.

What was the highest services value added in North Macedonia?

North Macedonia's services value added peaked at 57.09% in 2009.

What was the lowest services value added in North Macedonia?

The lowest services value added in North Macedonia was 37.23% in 1992.

How does North Macedonia rank in services value added?

North Macedonia ranks 107th globally in services value added as of 2025.

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

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

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

North Macedonia's services value added is projected to reach 56.45% by 2025 based on trend extrapolation.

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

The services value added of North Macedonia in 2025 was 56.45%. This ranks 107th in the world.

Cite this page

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