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North Macedonia: Adjusted savings: consumption of fixed capital (% of GNI)

In , North Macedonia's Adjusted savings: consumption of fixed capital (% of GNI) was 16.60.

That's down 1.7% from 2020, the highest value since .

The global average for this indicator in 2021 was 13.12 . North Macedonia ranks #54 globally out of 186 reporting countries. Within Europe & Central Asia, it ranks #24 of 48.

Source: World Bank Open Data (NY.ADJ.DKAP.GN.ZS) • Data as of 2021

Trend (2002–2021)

North Macedonia Adjusted savings: consumption of fixed capital (% of GNI) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse

Highlights

Peak
22.22
Trough
16.29
1-year change
-1.7%
5-year change
-5.1%
-1.0% / yr
10-year change
-14.0%
-1.5% / yr

Historical Data — Last 10 Years

Year Adjusted savings: consumption of fixed capital (% of GNI)
16.6024
16.8904
17.4429
17.0804
16.2935
17.4924
17.9198
18.4090
18.6139
19.8623

About Adjusted savings: consumption of fixed capital (% of GNI)

Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.

Indicator code: NY.ADJ.DKAP.GN.ZSCategory: Economy

Frequently asked questions

What was North Macedonia's Adjusted savings: consumption of fixed capital (% of GNI) in 2021?
In 2021, North Macedonia's Adjusted savings: consumption of fixed capital (% of GNI) was 16.60, according to World Bank Open Data.
Is North Macedonia's Adjusted savings: consumption of fixed capital (% of GNI) rising or falling?
North Macedonia's Adjusted savings: consumption of fixed capital (% of GNI) fell 1.7% from 2020 to 2021.
How does North Macedonia rank globally on Adjusted savings: consumption of fixed capital (% of GNI)?
In 2021, North Macedonia ranked #54 out of 186 countries reporting Adjusted savings: consumption of fixed capital (% of GNI).
How does North Macedonia's Adjusted savings: consumption of fixed capital (% of GNI) compare to the world average?
The global average for Adjusted savings: consumption of fixed capital (% of GNI) in 2021 was 13.12, so North Macedonia is above the world average. Within Europe & Central Asia, it ranks #24 of 48.
What is Adjusted savings: consumption of fixed capital (% of GNI) and how is it measured?
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
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Source: World Bank Open Data (NY.ADJ.DKAP.GN.ZS), CC BY 4.0.