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North Macedonia Oil rents (% of GDP) 2026: Interactive Chart & Historical Data

Oil rents (% of GDP) in North Macedonia stood at 0% in 2021, according to World Bank. The latest value is unchanged from 0% in 2020. Ten years earlier, in 2011, the value was 0.02% (down 0.02 percentage points since). The highest value since 1992 was 0.02% in 2012, the lowest 0% in 1992. North Macedonia ranked 157th highest of the 190 countries in this dataset in 2021; Libya ranked first.

Data source: World Bank · Unit: % · Category: Commodities and Energy · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1970–2021
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What is Oil rents (% of GDP)?

Oil rents (% of GDP), measured in %, measures the total economic output of North Macedonia. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In North Macedonia, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Oil rents (% of GDP) in North Macedonia?

Oil rents (% of GDP) in North Macedonia stood at 0% in 2021, according to World Bank.

Is Oil rents (% of GDP) in North Macedonia rising or falling?

The latest value is unchanged from 0% in 2020. Ten years earlier, in 2011, the value was 0.02% (down 0.02 percentage points since).

How does North Macedonia rank for Oil rents (% of GDP)?

North Macedonia ranked 157th highest of the 190 countries in this dataset in 2021; Libya ranked first.

What is the highest Oil rents (% of GDP) on record in North Macedonia?

The highest value since 1992 was 0.02% in 2012, the lowest 0% in 1992.

Metadata for Oil rents (% of GDP) in North Macedonia
IndicatorOil rents (% of GDP)
CountryNorth Macedonia
CategoryCommodities and Energy
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series NY.GDP.PETR.RT.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Oil rents (% of GDP) — North Macedonia [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/MKD. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS

MLA

World Bank. "Oil rents (% of GDP) — North Macedonia." EconDash, 2026, https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/MKD. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS.

Chicago

World Bank. 2026. "Oil rents (% of GDP) — North Macedonia." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/MKD. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS.

BibTeX
@misc{econdash_wdi_ny_gdp_petr_rt_zs_mkd,
  author = {{World Bank}},
  title = {{Oil rents (\% of GDP) --- North Macedonia}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/MKD},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS}
}