Mazedonien BIP Veränderung zum Vorjahr

North Macedonia’s economy grew by 2.3% year-on-year in the second quarter of 2024, up from a 1.2% increase in the previous three-month period, marking the highest growth rate in two years. Growth was mainly driven by a higher increase in government spending (3.5% vs 2.4% in Q1 2024). In contrast, gross capital formation declined (-1.7% vs 23.6%) and household consumption grew at a lower rate (1.3% vs 2%). Meanwhile, exports declined at a lower rate (-2.9% vs -7.8%), and imports fell (-4.5% vs 0.2%). On a seasonally adjusted quarterly basis, the GDP rose by 0.8% in Q2, following a 0.5% increase in the quarter before.