Military spending, annual growth rate in North Macedonia

North Macedonia: Military spending, annual growth rate was 7.28 % change on previous year in 2023. ◆ Volatile

Latest (2023)
7.28 % change on previous year
Change on year
up 8.3%
World rank
62nd
of 172 countries
All-time high
42.08 % change on previous year
in 2001
All-time low
-12.4 % change on previous year
in 2010
Years of data
30
1994–2023

Military spending, annual growth rate in North Macedonia, 1994–2023

-20020401994200820231994: 12.4 % change on previous year1995: 36.2 % change on previous year1996: 33.3 % change on previous year1997: 6.5 % change on previous year1998: -4.3 % change on previous year1999: -3.8 % change on previous year2000: 17.7 % change on previous year2001: 42.1 % change on previous year2002: -4.4 % change on previous year2003: 5.8 % change on previous year2004: -2.5 % change on previous year2005: -8.3 % change on previous year2006: 2 % change on previous year2007: 11 % change on previous year2008: 7.5 % change on previous year2009: -11.6 % change on previous year2010: -12.4 % change on previous year2011: -7.1 % change on previous year2012: -2.7 % change on previous year2013: 3.7 % change on previous year2014: -4.7 % change on previous year2015: -9.1 % change on previous year2016: -4.4 % change on previous year2017: 12.8 % change on previous year2018: 10.6 % change on previous year2019: 19 % change on previous year2020: 10.7 % change on previous year2021: 14.9 % change on previous year2022: 6.7 % change on previous year2023: 7.3 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military spending, annual growth rate in North Macedonia is 7.28 % change on previous year, measured in 2023.

Compared with earlier readings it is up 8.3% on the previous year and up 97.0% over ten years.

Over the whole period, military spending, annual growth rate in North Macedonia peaked at 42.08 % change on previous year in 2001 and was at its lowest, -12.4 % change on previous year, in 2010.

North Macedonia ranks 62nd of 172 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in North Macedonia, year by year

Annual values for Military spending, annual growth rate in North Macedonia, 1994 to 2023.
Year % change on previous year Change
1994 12.39 % change on previous year
1995 36.23 % change on previous year +192.4%
1996 33.32 % change on previous year -8.0%
1997 6.51 % change on previous year -80.5%
1998 -4.33 % change on previous year -166.5%
1999 -3.76 % change on previous year -13.3%
2000 17.72 % change on previous year -572.0%
2001 42.08 % change on previous year +137.4%
2002 -4.42 % change on previous year -110.5%
2003 5.79 % change on previous year -231.1%
2004 -2.46 % change on previous year -142.6%
2005 -8.28 % change on previous year +236.3%
2006 2.04 % change on previous year -124.7%
2007 11.02 % change on previous year +439.4%
2008 7.5 % change on previous year -32.0%
2009 -11.57 % change on previous year -254.3%
2010 -12.4 % change on previous year +7.2%
2011 -7.14 % change on previous year -42.5%
2012 -2.73 % change on previous year -61.8%
2013 3.7 % change on previous year -235.5%
2014 -4.68 % change on previous year -226.6%
2015 -9.15 % change on previous year +95.6%
2016 -4.39 % change on previous year -52.0%
2017 12.81 % change on previous year -391.9%
2018 10.6 % change on previous year -17.2%
2019 19 % change on previous year +79.1%
2020 10.69 % change on previous year -43.7%
2021 14.93 % change on previous year +39.7%
2022 6.73 % change on previous year -54.9%
2023 7.28 % change on previous year +8.3%

North Macedonia compared with similar countries

  • North Macedonia's 7.28 % change on previous year is above the median for upper middle income countries, which is 5.16 % change on previous year, 1.4× the median. (49 countries reporting)
  • North Macedonia's 7.28 % change on previous year is below the median for Europe & Central Asia, which is 7.48 % change on previous year, 97% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 13.39 % change on previous year -4.33 % change on previous year 36.23 % change on previous year 6
2000s 5.94 % change on previous year -11.57 % change on previous year 42.08 % change on previous year 10
2010s 0.562 % change on previous year -12.4 % change on previous year 19 % change on previous year 10
2020s 9.91 % change on previous year 6.73 % change on previous year 14.93 % change on previous year 4

Countries ranked near North Macedonia

  1. 59 Comoros 7.69 % change on previous year compare
  2. 60 Tajikistan 7.68 % change on previous year compare
  3. 61 Mali 7.49 % change on previous year compare
  4. 63 Paraguay 7.16 % change on previous year compare
  5. 64 Brunei 6.97 % change on previous year compare
  6. 65 Singapore 6.91 % change on previous year compare

See the full ranking of 172 places →

More reference data data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is military spending, annual growth rate in North Macedonia?
Military spending, annual growth rate in North Macedonia was 7.28 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in North Macedonia?
The highest recorded value was 42.08 % change on previous year in 2001.
What is the lowest military spending, annual growth rate recorded in North Macedonia?
The lowest recorded value was -12.4 % change on previous year in 2010.
How does North Macedonia rank for military spending, annual growth rate?
North Macedonia ranks 62nd out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in North Macedonia?
Over the last ten years it is up 97.0%. The long-run trend across the full record is volatile.
Where does this North Macedonia data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in North Macedonia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/north-macedonia/

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How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.