North Macedonia Trade to GDP Ratio 1990-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • North Macedonia trade to gdp ratio for 2023 was 159.10%, a 9.73% decline from 2022.
  • North Macedonia trade to gdp ratio for 2022 was 168.82%, a 22.1% increase from 2021.
  • North Macedonia trade to gdp ratio for 2021 was 146.72%, a 18.48% increase from 2020.
  • North Macedonia trade to gdp ratio for 2020 was 128.24%, a 10.34% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
North Macedonia 159.10%
Belarus 133.00%
Malaysia 131.84%
Thailand 129.15%
Serbia 124.27%
Fiji 120.93%
Montenegro 119.99%
Bulgaria 118.60%
Armenia 117.04%
Libya 109.93%
Namibia 109.61%
Mauritius 108.43%
Belize 106.48%
Bosnia 101.03%
Samoa 91.06%
Equatorial Guinea 87.13%
Albania 84.54%
Azerbaijan 83.62%
Romania 83.04%
Paraguay 82.99%
Gabon 74.14%
Mexico 74.12%
Costa Rica 70.29%
Botswana 67.37%
Turkey 66.96%
South Africa 65.72%
Ecuador 57.85%
Iran 55.54%
Peru 50.91%
Guatemala 50.13%
Dominican Republic 49.62%
Algeria 46.20%
Russia 41.83%
Colombia 40.48%
China 37.32%
Turkmenistan 35.17%
Brazil 33.85%
North Macedonia Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 159.10% -9.73%
2022 168.82% 22.10%
2021 146.72% 18.48%
2020 128.24% -10.34%
2019 138.58% 5.36%
2018 133.22% 9.08%
2017 124.14% 7.95%
2016 116.19% 2.49%
2015 113.70% 1.16%
2014 112.54% 7.68%
2013 104.86% -7.36%
2012 112.21% -0.98%
2011 113.19% 15.31%
2010 97.88% 10.70%
2009 87.18% -24.39%
2008 111.57% 5.48%
2007 106.09% 13.54%
2006 92.55% 6.71%
2005 85.84% 4.97%
2004 80.87% 9.80%
2003 71.07% -0.46%
2002 71.53% 0.06%
2001 71.48% -8.68%
2000 80.16% 7.54%
1999 72.63% -3.96%
1998 76.59% 4.75%
1997 71.83% 13.91%
1996 57.92% -14.12%
1995 72.04% -10.29%
1994 82.34% -14.11%
1993 96.44% -5.94%
1992 102.38% 56.01%
1991 46.38% -12.31%
1990 58.69% -12.31%