Macedonia - Manufacturing Gross Value Added
Since 2015, Macedonia Manufacturing Gross Value Added jumped by 4.8% year on year. At €1,345.9 Million in 2020, the country was number 50 among other countries in Manufacturing Gross Value Added. Macedonia is overtaken by Iceland, which was number 49 with €1,659.1 Million and is followed by Cyprus with €1,128.7 Million. China lead the ranking with €3,357,316.8 Million in 2019, that is an increase of 4.4% versus 2018. United States, Japan and Germany respectively ranked number 2, 3 and 4 in this ranking. Albania witnessed the best average annual growth at +10% per year, while Norway recorded the worst performance at -2.3% per year.
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| Date | Million Euros |
|---|---|
| 2020 | 1,345.90 |
| 2019 | 1,485.30 |
| 2018 | 1,434.00 |
| 2017 | 1,265.10 |
| 2016 | 1,186.70 |
Download all data from 2000 to 2020
How does Macedonia rank in Manufacturing Gross Value Added?
| # | 55 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
3,357,316.80 | 2019 | +4.4 % | +7.0 % | View data | |
| 2 |
#2
United States
|
2,009,032.70 | 2019 | +2.4 % | +5.5 % | View data | |
| 49 |
#49
Iceland
|
1,659.10 | 2020 | -13.0 % | -0.4 % | View data | |
| 50 |
#50
Macedonia
|
1,345.90 | 2020 | -9.4 % | +4.8 % | View data | |
| 51 |
#51
Cyprus
|
1,128.70 | 2020 | -5.9 % | +8.2 % | View data | |