Full Year GDP Growth in Macedonia decreased to 1.03 percent in 2023 from 2.22 percent in 2022. Full Year GDP Growth in Macedonia averaged 1.46 percent from 1991 until 2023, reaching an all time high of 6.47 percent in 2007 and a record low of -7.47 percent in 1993. source: World Bank
Full Year GDP Growth in Macedonia is expected to reach 2.20 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Macedonia Full Year GDP Growth is projected to trend around 3.50 percent in 2025 and 3.80 percent in 2026, according to our econometric models.