Net Capital Stocks (Agriculture, Forestry and Fishing) — Value in North Macedonia
North Macedonia: Net Capital Stocks (Agriculture, Forestry and Fishing) — Value was 59,912 million SLC in 2023. ▲ Rising
Net Capital Stocks (Agriculture, Forestry and Fishing) — Value in North Macedonia, 2000–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, net capital stocks (agriculture, forestry and fishing) — value in North Macedonia stood at 59,912 million SLC.
Compared with earlier readings it is down 0.9% on the previous year and up 19.9% over ten years.
Over the whole period, net capital stocks (agriculture, forestry and fishing) — value in North Macedonia peaked at 62,068 million SLC in 2021 and was at its lowest, 42,143 million SLC, in 2002.
North Macedonia ranks 94th of 179 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Net Capital Stocks (Agriculture, Forestry and Fishing) — Value in North Macedonia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2000 | 44,432 million SLC | — |
| 2001 | 43,408 million SLC | -2.3% |
| 2002 | 42,143 million SLC | -2.9% |
| 2003 | 42,449 million SLC | +0.7% |
| 2004 | 42,941 million SLC | +1.2% |
| 2005 | 46,456 million SLC | +8.2% |
| 2006 | 49,234 million SLC | +6.0% |
| 2007 | 51,903 million SLC | +5.4% |
| 2008 | 55,294 million SLC | +6.5% |
| 2009 | 51,698 million SLC | -6.5% |
| 2010 | 52,991 million SLC | +2.5% |
| 2011 | 50,198 million SLC | -5.3% |
| 2012 | 46,940 million SLC | -6.5% |
| 2013 | 49,978 million SLC | +6.5% |
| 2014 | 50,746 million SLC | +1.5% |
| 2015 | 50,805 million SLC | +0.1% |
| 2016 | 51,110 million SLC | +0.6% |
| 2017 | 43,682 million SLC | -14.5% |
| 2018 | 42,431 million SLC | -2.9% |
| 2019 | 44,316 million SLC | +4.4% |
| 2020 | 52,270 million SLC | +17.9% |
| 2021 | 62,068 million SLC | +18.7% |
| 2022 | 60,463 million SLC | -2.6% |
| 2023 | 59,912 million SLC | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46,996 million SLC | 42,143 million SLC | 55,294 million SLC | 10 |
| 2010s | 48,320 million SLC | 42,431 million SLC | 52,991 million SLC | 10 |
| 2020s | 58,678 million SLC | 52,270 million SLC | 62,068 million SLC | 4 |
Countries ranked near North Macedonia
- 91 United Kingdom of Great Britain and Northern Ireland 66,734 million SLC compare
- 92 Austria 66,664 million SLC compare
- 93 Netherlands (Kingdom of the) 63,889 million SLC compare
- 95 Belarus 54,209 million SLC compare
- 96 Switzerland 53,306 million SLC compare
- 97 New Zealand 43,544 million SLC compare
More environment data for North Macedonia
- Historical exposure to drought — Land soil moisture anomaly 2.21 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly 3.08 Percentage change (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.483 °C (2025)
- Temperature change 2.22 °C (2025)
- Land area equipped for irrigation — Area, annual growth rate 0 % change on previous year (2024)
- Value Added (Agriculture, Forestry and Fishing) — Value Standard -4.72 % change on previous year (2024)
- Value Added (Agriculture, Forestry and Fishing) — Value Standard 0.0307 million SLC per person (2024)
- Value Added (Agriculture, Forestry and Fishing) — Value US$, annual -4.4 % change on previous year (2024)
- Value Added (Agriculture, Forestry and Fishing) — Value US$, per unit 0 million USD per US$ of GDP (2024)
Frequently asked questions
- What is net capital stocks (agriculture, forestry and fishing) — value in North Macedonia?
- Net capital stocks (agriculture, forestry and fishing) — value in North Macedonia was 59,912 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest net capital stocks (agriculture, forestry and fishing) — value recorded in North Macedonia?
- The highest recorded value was 62,068 million SLC in 2021.
- What is the lowest net capital stocks (agriculture, forestry and fishing) — value recorded in North Macedonia?
- The lowest recorded value was 42,143 million SLC in 2002.
- How does North Macedonia rank for net capital stocks (agriculture, forestry and fishing) — value?
- North Macedonia ranks 94th out of 179 countries with data for 2023.
- Is net capital stocks (agriculture, forestry and fishing) — value rising or falling in North Macedonia?
- Over the last ten years it is up 19.9%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Net Capital Stocks (Agriculture, Forestry and Fishing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
As part of the FAO Agriculture Capital Stock (ACS) database, the Statistics Division of FAO publishes country-by-country data on physical investment in agriculture, forestry and fishing as measured by the System of National Accounts (SNA) concept of Gross Fixed Capital Formation (GFCF). Additional variables included in the ACS are Net and Gross Capital Stock, Consumption of Fixed Capital, the Agriculture Investment ratio, and the Gross Fixed Capital Formation Agriculture Orientation Index. The FAO Agriculture Capital Stock Database is an analytical database: whenever available, the database integrates official National Accounts data harvested from the UNSD National Accounts Main Aggregates Database (UNSD AMA) and the OECD Annual National Accounts Database (OECD ANA). The database is further supplemented by OECD Structural Analysis database (OECD STAN) and, in a few cases, data from country’s statistics websites. If the full set of official data is not available for any specific country, imputation methods are applied to obtain estimates over the complete time series. Many data points in ACS are estimated and are flagged as such; they do not represent official submissions by Member Countries. With a view of producing internationally comparable net capital stock estimates, the Perpetual Inventory Method (PIM) with a constant geometric depreciation rate is employed to impute missing data. The Perpetual Inventory Method is a well-established economic model to calculate Net Capital Stocks (NCS) and Consumption of Fixed Capital (CFC) from time series of Gross Fixed Capital Formation (GFCF). Specifically, annual measures of the NCS are obtained from cumulating historical series on physical investment flows and deducting the part of assets that are depreciated (the Consumption of Fixed Capital that occurs in every period). In order to implement the PIM, long time series on aggregate GFCF in agriculture, forestry and fishing is required.An attempt is made to rely as much as possible on National Accounts data published by the OECD and UNSD. When country data are partially or fully missing, econometric techniques to impute missing observations are employed. Depending on the pattern of data missingness for the countries, different imputation methods are applied (from among the ARIMAX, PANEL regression, and OLS approaches) for the data series from 1995 to 2022. The values of Agriculture Capital Stock related indicators for 2023, including Agriculture Investment Ratio, Agriculture Orientation Index, Net Capital Stock, Gross Fixed Capital Formation and Consumption of Fixed Capital, are estimated using the Holt-Winters (HW) method (Cipra et al., 1995). The HW method is an exponential smoothing method for forecasting the annual values of economic variables. In this context, the HW method relies on existing (historical) values of the Agriculture Capital Stock. The predicted value is an extrapolation of the historical values to the specified target date, which extends the timeline without considering seasonality in the annual series.All data series in the database are provided both in national currencies and in US dollars as well as in current prices and constant prices with base year 2015.