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 |