North Macedonia - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in North Macedonia was 136,687,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 145,756,000,000 in 2019 and a minimum value of 91,100,000 in 1990.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1990 91,100,000
1991 178,900,000
1992 2,285,700,000
1993 9,878,200,000
1994 22,461,000,000
1995 28,027,000,000
1996 30,654,400,000
1997 32,236,000,000
1998 33,981,890,000
1999 34,710,000,000
2000 50,793,000,000
2001 55,852,000,000
2002 55,393,000,000
2003 54,257,000,000
2004 59,883,000,000
2005 59,133,000,000
2006 67,581,000,000
2007 84,846,000,000
2008 107,205,000,000
2009 102,147,000,000
2010 101,198,000,000
2011 109,651,000,000
2012 109,421,000,000
2013 119,371,000,000
2014 123,946,000,000
2015 133,627,000,000
2016 145,393,000,000
2017 139,432,000,000
2018 132,387,000,000
2019 145,756,000,000
2020 136,687,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts