North Macedonia's taxes on goods and services (% of industry and services value added) was 14.86% in 2024, the latest year in the World Bank's World Development Indicators. That is down 0.83 percentage points from 15.69% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 14.86% | 2024 |
| Five years earlier | 14.93% | 2019 |
| Ten years earlier | 15.69% | 2014 |
| Highest | 17.41% | 2007 |
| Lowest | 13.51% | 2020 |
| Average since 2015 | 14.7% | 2015–2024 |
| First recorded | 17.24% | 2005 |
What the numbers say
In 2024, North Macedonia's taxes on goods and services (% of industry and services value added) rose 1 percentage points on 2023 (from 13.86% to 14.86%).
Across the 18 yearly changes before that (2006 to 2023), the average change was −0.19 percentage points and a typical year strayed about 0.83 percentage points from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 1.47 percentage points in 2021 and the biggest yearly fall was 1.42 percentage points in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 20% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, North Macedonia had the 21st highest value of the 86 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to North Macedonia in the 2024 ranking
What this measures
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 20 values
| Year | Taxes on goods and services (% of industry and services value added) |
|---|---|
| 2024 | 14.86 |
| 2023 | 13.86 |
| 2022 | 14.56 |
| 2021 | 14.98 |
| 2020 | 13.51 |
| 2019 | 14.93 |
| 2018 | 14.98 |
| 2017 | 15.17 |
| 2016 | 15.33 |
| 2015 | 14.79 |
| 2014 |
Taxes on goods and services (% of industry and services value added) in nearby economies
- Albania — 18.26% (2024)
- Armenia — 13.88% (2024)
- Austria — 12.87% (2024)
- Azerbaijan — 10.2% (2024)
- Belarus — 10.84% (2024)
- Belgium — 10.13% (2024)
- Bosnia and Herzegovina — 20.6% (2024)
- Bulgaria — 16.84% (2024)
- Croatia
More public sector data for North Macedonia
- Military expenditure (current USD) — 374.75 million (2025)
- Military expenditure (current LCU) — 20.45 billion (2025)
- Military expenditure (% of GDP) — 1.97% (2025)
- Armed forces personnel, total — 16,000 (2020)
- Armed forces personnel (% of total labor force) — 2% (2020)
- Military expenditure (% of general government expenditure) — 5.13% (2025)
- Intentional homicides, female (per 100,000 female) — 0.96 (2023)
- Intentional homicides, male (per 100,000 male) — 2.13 (2023)
- Intentional homicides (per 100,000 people) — 1.53 (2023)
Reading data like this
Questions people ask
- What is North Macedonia's taxes on goods and services (% of industry and services value added)?
- 14.86% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is down 2.38 percentage points from 17.24% in 2005. The highest value was 17.41% in 2007 and the lowest 13.51% in 2020.
- How does North Macedonia rank?
- 21st highest of 86 economies with data for 2024.
- Is the latest change in taxes on goods and services (% of industry and services value added) unusual for North Macedonia?
- In 2024, North Macedonia's taxes on goods and services (% of industry and services value added) rose 1 percentage points on 2023 (from 13.86% to 14.86%). Across the 18 yearly changes before that (2006 to 2023), the average change was −0.19 percentage points and a typical year strayed about 0.83 percentage points from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator GC.TAX.GSRV.VA.ZS, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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