North Macedonia Private Consumption: % of GDP

Key information about North Macedonia Private Consumption: % of GDP

• North Macedonia Private Consumption accounted for 67.1 % of its Nominal GDP in Dec 2022, compared with a ratio of 71.2 % in the previous quarter.
• North Macedonia Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 2000 to Dec 2022, with an average share of 72.9 %.
• The data reached an all-time high of 87.9 % in Mar 2004 and a record low of 63.3 % in Dec 2016.

• In the latest reports, North Macedonia GDP expanded 0.6 % YoY in Dec 2022.
• Its Nominal GDP reached 3.8 USD bn in Dec 2022.
• North Macedonia GDP Per Capita reached 5,975.9 USD in Dec 2020.
• Its Gross Savings Rate was measured at 18.0 % in Dec 2022.

View North Macedonia's Private Consumption: % of GDP from Mar 2000 to Dec 2022 in the chart:

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What was North Macedonia's Private Consumption: % of GDP in Dec 2022?

North Macedonia Private Consumption accounted for 67.1 % of its Nominal GDP in Dec 2022, compared with a ratio of 71.2 % in the previous quarter. See the table below for more data.

Private Consumption: % of GDP by Country Comparison

North Macedonia Key Series

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