Macedonia GDP Composition by Sector

In 2024, Macedonia's GDP composition shows significant diversification. The Services sector leads with a substantial 36.05% contribution. Mining, Manufacturing, and Utilities follow at 19.86%, while Wholesale, Retail Trade, Restaurants, and Hotels contribute 17.18%. Agriculture records 10.48%, with Construction at 8.56% and Transport, Storage, and Communication at 7.88%. Recent years reflect stable growth across sectors, with incremental year-on-year variations.

Future trends to watch include:

  • A potential uptick in Services driven by technological advancements and digital transformation.
  • A steady rise in Construction driven by infrastructure projects.
  • Continued expansion in Wholesale and Retail Trade with evolving consumer habits.
  • Sustainable practices in Agriculture may bolster its economic share.

Top countries in GDP Composition by Sector

# 6 Countries Percent Last Year
1 1 Services 36.05 2016
2 2 Mining, Manufacturing, Utilities 19.86 2016
3 3 Wholesale, retail trade, restaurants and hotels 17.18 2016
4 4 Agriculture, hunting, forestry, fishing 10.48 2016
5 5 Construction 8.56 2016
6 6 Transport, storage and communication 7.88 2016

Top Countries about Retail