North Macedonia - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in North Macedonia was 9,756 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 11,128 in 2015 and 4,971 in 1994.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1991 7,007
1992 6,088
1993 5,377
1994 4,971
1995 5,584
1996 5,668
1997 5,877
1998 5,941
1999 6,023
2000 6,182
2001 5,950
2002 6,225
2003 7,121
2004 7,390
2005 8,037
2006 8,443
2007 7,630
2008 7,814
2009 8,087
2010 8,695
2011 10,466
2012 9,952
2013 10,090
2014 10,766
2015 11,128
2016 10,629
2017 10,465
2018 9,758
2019 9,756

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in North Macedonia was $2,773,459,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $3,050,333,000 in 2018 and $763,686,300 in 2001.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

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

See also:

Year Value
1990 $1,759,320,000
1991 $1,397,398,000
1992 $808,696,900
1993 $796,963,600
1994 $864,003,900
1995 $1,133,321,000
1996 $1,105,593,000
1997 $1,103,603,000
1998 $1,045,160,000
1999 $1,027,506,000
2000 $807,630,500
2001 $763,686,300
2002 $778,681,500
2003 $1,112,342,000
2004 $1,195,570,000
2005 $1,274,377,000
2006 $1,486,318,000
2007 $1,715,724,000
2008 $1,935,645,000
2009 $1,783,763,000
2010 $1,979,482,000
2011 $2,266,045,000
2012 $2,054,383,000
2013 $2,395,092,000
2014 $2,593,164,000
2015 $2,407,652,000
2016 $2,557,449,000
2017 $2,742,973,000
2018 $3,050,333,000
2019 $2,988,141,000
2020 $2,773,459,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in North Macedonia was 150,167,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 164,190,000,000 in 2019 and a minimum value of 199,155,000 in 1990.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

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

Year Value
1990 199,155,000
1991 273,890,000
1992 4,117,076,000
1993 18,489,560,000
1994 37,379,580,000
1995 42,932,260,000
1996 44,202,840,000
1997 55,184,020,000
1998 56,921,210,000
1999 58,466,930,000
2000 53,226,000,000
2001 51,959,000,000
2002 50,108,000,000
2003 60,425,000,000
2004 59,073,000,000
2005 62,806,000,000
2006 72,535,000,000
2007 76,744,000,000
2008 81,041,000,000
2009 78,665,000,000
2010 92,017,000,000
2011 100,229,000,000
2012 98,385,000,000
2013 111,121,000,000
2014 120,419,000,000
2015 133,714,000,000
2016 142,531,000,000
2017 149,946,000,000
2018 158,944,000,000
2019 164,190,000,000
2020 150,167,000,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in North Macedonia was 2,260,783,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 2,407,652,000 in 2015 and 925,418,600 in 1994.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1990 1,583,326,000
1991 1,341,691,000
1992 1,160,400,000
1993 1,011,378,000
1994 925,418,600
1995 1,036,551,000
1996 1,048,835,000
1997 1,081,791,000
1998 1,116,449,000
1999 1,167,719,000
2000 1,215,177,000
2001 1,181,862,000
2002 1,209,296,000
2003 1,330,160,000
2004 1,365,419,000
2005 1,471,407,000
2006 1,573,599,000
2007 1,411,267,000
2008 1,488,720,000
2009 1,565,703,000
2010 1,693,244,000
2011 2,041,335,000
2012 1,938,697,000
2013 2,086,855,000
2014 2,266,125,000
2015 2,407,652,000
2016 2,338,165,000
2017 2,373,846,000
2018 2,326,451,000
2019 2,398,210,000
2020 2,260,783,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in North Macedonia was -5.73 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 20.56 in 2011 and a minimum value of -15.26 in 1991.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

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

See also:

Year Value
1991 -15.26
1992 -13.51
1993 -12.84
1994 -8.50
1995 12.01
1996 1.19
1997 3.14
1998 3.20
1999 4.59
2000 4.06
2001 -2.74
2002 2.32
2003 9.99
2004 2.65
2005 7.76
2006 6.95
2007 -10.32
2008 5.49
2009 5.17
2010 8.15
2011 20.56
2012 -5.03
2013 7.64
2014 8.59
2015 6.25
2016 -2.89
2017 1.53
2018 -2.00
2019 3.08
2020 -5.73

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in North Macedonia was 96,500,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 102,769,000,000 in 2015 and a minimum value of 39,500,870,000 in 1994.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

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

Year Value
1990 67,583,210,000
1991 57,269,180,000
1992 49,530,880,000
1993 43,170,010,000
1994 39,500,870,000
1995 44,244,480,000
1996 44,768,800,000
1997 46,175,540,000
1998 47,654,890,000
1999 49,843,320,000
2000 51,869,000,000
2001 50,447,000,000
2002 51,618,000,000
2003 56,777,000,000
2004 58,282,000,000
2005 62,806,000,000
2006 67,168,000,000
2007 60,239,000,000
2008 63,545,000,000
2009 66,831,000,000
2010 72,275,000,000
2011 87,133,000,000
2012 82,752,000,000
2013 89,076,000,000
2014 96,728,000,000
2015 102,769,000,000
2016 99,803,000,000
2017 101,326,000,000
2018 99,303,000,000
2019 102,366,000,000
2020 96,500,000,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in North Macedonia was 22.62 as of 2020. Its highest value over the past 30 years was 37.44 in 1990, while its lowest value was 18.97 in 2009.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

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

See also:

Year Value
1990 37.44
1991 28.29
1992 33.19
1993 29.71
1994 24.27
1995 24.08
1996 23.82
1997 28.20
1998 27.75
1999 26.59
2000 21.41
2001 20.59
2002 19.38
2003 22.49
2004 21.04
2005 20.36
2006 21.66
2007 20.58
2008 19.53
2009 18.97
2010 21.04
2011 21.59
2012 21.08
2013 22.14
2014 22.82
2015 23.92
2016 23.96
2017 24.26
2018 24.05
2019 23.70
2020 22.62

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts