Trade balance in low carbon technology products, Percent of GDP in North Macedonia
North Macedonia: Trade balance in low carbon technology products, Percent of GDP was 0.3709 in 2024. ◆ Volatile
Trade balance in low carbon technology products, Percent of GDP in North Macedonia, 1994–2024
Source: International Monetary Fund.
Analysis
North Macedonia recorded 0.3709 for trade balance in low carbon technology products, percent of gdp in 2024.
The figure is down 66.7% on the previous year and down 87.5% over ten years.
Over the whole period, trade balance in low carbon technology products, percent of gdp in North Macedonia peaked at 6.73 in 2021 and was at its lowest, -1.56, in 2008.
North Macedonia ranks 9th of 177 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Trade balance in low carbon technology products, Percent of GDP in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | -0.257 | — |
| 1995 | -0.3467 | +34.9% |
| 1996 | -0.3446 | -0.6% |
| 1997 | -0.5256 | +52.5% |
| 1998 | -0.7929 | +50.9% |
| 1999 | -0.6697 | -15.5% |
| 2000 | -0.5706 | -14.8% |
| 2001 | -0.7356 | +28.9% |
| 2002 | -0.7712 | +4.8% |
| 2003 | -0.9223 | +19.6% |
| 2004 | -0.8613 | -6.6% |
| 2005 | -0.7909 | -8.2% |
| 2006 | -0.8355 | +5.6% |
| 2007 | -0.9593 | +14.8% |
| 2008 | -1.56 | +62.5% |
| 2009 | -1.43 | -8.2% |
| 2010 | -0.2495 | -82.6% |
| 2011 | 0.5199 | -308.3% |
| 2012 | 1.1 | +111.2% |
| 2013 | 1.48 | +35.0% |
| 2014 | 2.98 | +100.9% |
| 2015 | 4.39 | +47.5% |
| 2016 | 4.62 | +5.3% |
| 2017 | 5.11 | +10.5% |
| 2018 | 5.81 | +13.8% |
| 2019 | 6.5 | +11.9% |
| 2020 | 6.48 | -0.4% |
| 2021 | 6.73 | +4.0% |
| 2022 | 1.83 | -72.7% |
| 2023 | 1.11 | -39.3% |
| 2024 | 0.3709 | -66.7% |
North Macedonia compared with similar countries
- North Macedonia's 0.3709 is above the median for upper middle income countries, which is -0.9524. (50 countries reporting)
- North Macedonia's 0.3709 is above the median for Europe & Central Asia, which is -0.5163. (48 countries reporting)
Biggest year-on-year movements
Years where Trade balance in low carbon technology products, Percent of GDP in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +308.3% | -0.2495 | 0.5199 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.4894 | -0.7929 | -0.257 | 6 |
| 2000s | -0.9436 | -1.56 | -0.5706 | 10 |
| 2010s | 3.23 | -0.2495 | 6.5 | 10 |
| 2020s | 3.31 | 0.3709 | 6.73 | 5 |
Countries ranked near North Macedonia
More trade data for North Macedonia
- Commodity Net Export Price Index, Individual Commodities Weighted by 117.18 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.61 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.79 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 94.67 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.25 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 79.68 (2025)
- Imports of low carbon technology products, Percent of GDP 2.94 (2024)
- Imports of low carbon technology products, US dollar (World), per 269.21 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.029 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 552.99 million (2024)
Frequently asked questions
- What is trade balance in low carbon technology products, percent of gdp in North Macedonia?
- Trade balance in low carbon technology products, percent of gdp in North Macedonia was 0.3709 in 2024, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, percent of gdp recorded in North Macedonia?
- The highest recorded value was 6.73 in 2021.
- What is the lowest trade balance in low carbon technology products, percent of gdp recorded in North Macedonia?
- The lowest recorded value was -1.56 in 2008.
- How does North Macedonia rank for trade balance in low carbon technology products, percent of gdp?
- North Macedonia ranks 9th out of 177 countries with data for 2024.
- Is trade balance in low carbon technology products, percent of gdp rising or falling in North Macedonia?
- Over the last ten years it is down 87.5%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.
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About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.