Macedonia's GDP Per Capita - Data Quality

GROSS DOMESTIC PRODUCT PER CAPITA DATA QUALITY


Major differences exist in the quality of both GDP and population data between countries. When GDP and population data of poor quality are combined to produce GDP per capita data the accuracy of the resulting ratio is further diminished.

World Economics measures variation in the quality of both GDP and population data, by the GDP Data Quality Ratings (GDP DQR) and the Population Data Quality Ratings (PDQR) respectively and employs both scores to assess the overall accuracy of GDP per capita data. In most cases, because of out of date base years, a lack of resources in national statistics offices and a large unrecorded informal economy, official GDP figures are underestimates of actual economic activity, although in some rarer cases GDP may be overestimated as a result of government interference.

World Economics has graded Macedonia's GDP data as grade B. Population data produced by Macedonia has been graded as B. When these two grades are combined, Macedonia as been judged to have an overall GDP Per Capita Data Qualtiy Grade of B - Use With Caution

Macedonia's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.

Data source: World Economics Research, London


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Country: All Countries GDP Per Capita Data Quality Index Grade
A-D
GDP DQR
Index
Population DQR
Index






New Zealand 97.0 A 97.9 97.0
Canada 96.6 A 96.6 99.2
Ireland 96.6 A 96.6 100.0
United Kingdom 96.3 A 96.3 99.2
Australia 96.3 A 96.3 99.2
Japan 95.6 A 95.6 98.5
United States 95.0 A 95.0 98.5
France 94.9 A 94.9 95.4
Singapore 92.3 A 92.3 98.5
Belgium 91.6 B 93.7 91.6
Czechia 91.6 B 93.2 91.6
Netherlands 91.6 B 97.9 91.6
Austria 91.6 B 96.5 91.6
Sweden 91.6 B 97.2 91.6
Iceland 91.6 B 95.5 91.6
Denmark 91.6 B 97.6 91.6
Portugal 91.6 B 92.7 91.6
Luxembourg 91.6 B 97.4 91.6
Germany 91.6 B 97.0 91.6
Norway 91.6 B 97.0 91.6
Finland 90.9 C 97.4 90.9
Switzerland 90.9 C 98.6 90.9
Spain 90.8 B 90.8 91.6
Slovenia 89.8 A 89.8 97.0
Taiwan 89.7 A 89.7 95.6
Korea, Rep. 89.6 A 89.6 97.7
Israel 89.1 C 89.1 90.1
Hong Kong 88.6 A 88.6 95.4
Chile 88.4 B 88.4 93.4
Italy 88.4 B 88.4 92.4
Cyprus 87.3 B 87.3 91.6
Malta 86.8 B 86.8 91.6
Costa Rica 86.6 C 86.6 89.8
Mauritius 86.5 B 86.5 97.1
Greece 86.4 B 86.4 91.6
Romania 84.6 C 84.6 88.5
Poland 84.4 B 84.4 95.0
United Arab Emirates 83.7 C 83.7 90.9
Croatia 83.6 C 83.6 89.0
Bulgaria 82.2 C 82.2 88.8
Mongolia 81.1 B 81.1 96.8
Latvia 81.0 D 81.0 82.3
Bahamas, The 80.6 C 80.6 90.9
Lithuania 80.4 C 80.4 87.9
Estonia 80.4 D 81.2 80.4
Oman 80.0 B 80.0 98.5
Uruguay 80.0 C 80.0 87.6
Armenia 79.8 B 79.8 98.7
Slovak Republic 79.6 D 80.0 79.6
Moldova 78.8 B 78.8 92.1
Brazil 78.3 B 78.3 95.5
North Macedonia 77.7 B 77.7 93.6
Colombia 77.4 B 77.4 92.8
South Africa 77.0 C 77.0 85.6
Dominican Republic 76.9 D 76.9 83.8
Jordan 75.8 C 75.8 89.8
Georgia 75.8 B 75.8 91.2
Malaysia 74.7 B 74.7 93.8
Türkiye 74.4 B 74.4 95.1
Serbia 74.0 C 74.0 89.4
Hungary 74.0 D 74.0 79.6
Qatar 73.8 B 73.8 98.5
Indonesia 73.7 C 73.7 91.0
Bahrain 73.7 C 73.7 90.9
Malawi 73.2 D 73.2 84.4
China 73.0 C 73.0 94.5
Namibia 72.9 E 72.9 77.5
Morocco 72.6 C 72.6 86.6
Philippines 72.5 C 72.5 93.3
Saudi Arabia 72.5 C 72.5 98.3
Botswana 72.0 D 72.0 79.1
Ukraine 71.9 C 71.9 92.9
Algeria 71.6 C 71.6 86.9
Ghana 71.4 C 71.4 87.6
Sri Lanka 71.2 C 71.2 87.8
Suriname 71.0 D 71.0 83.6
Mexico 70.7 C 70.7 93.9
Rwanda 70.6 D 70.6 84.2
Cabo Verde 70.1 C 70.1 90.6
Belarus 69.7 C 69.7 94.4
Burkina Faso 69.5 C 69.5 85.9
Russia 69.4 C 69.4 95.7
Albania 69.2 C 69.2 88.9
Brunei 69.0 E 69.0 71.6
Togo 68.8 D 68.8 81.0
Senegal 68.5 D 68.5 82.2
Niger 68.3 E 68.3 79.0
Lesotho 68.0 E 68.0 77.9
Argentina 68.0 C 68.0 94.2
El Salvador 68.0 D 68.0 83.3
Cote d'Ivoire 67.9 D 67.9 82.5
India 67.6 C 67.6 84.8
Trinidad and Tobago 67.6 D 67.6 80.5
Benin 67.6 D 67.6 82.7
Guatemala 67.4 D 67.4 90.9
Mauritania 67.3 E 67.3 74.3
Uganda 67.1 E 67.1 74.6
Kenya 67.1 D 67.1 82.7
Pakistan 66.2 D 66.2 79.1
Turkmenistan 66.1 D 66.1 92.9
Comoros 66.0 D 66.0 83.0
Kuwait 65.8 D 65.8 100.0
Gambia 65.4 E 65.4 79.0
Kyrgyzstan 64.5 D 64.5 97.8
Peru 64.2 D 64.2 91.5
Mozambique 64.2 D 64.2 79.6
Tanzania 63.9 E 63.9 70.4
Tunisia 63.7 D 63.7 85.7
Paraguay 63.6 D 63.6 79.7
Ecuador 63.1 D 63.1 81.4
Kazakhstan 63.0 D 63.0 95.0
Bosnia and Herzegovina 62.2 D 62.2 85.1
Cameroon 61.9 E 61.9 68.8
Eswatini 61.7 D 61.7 81.1
Thailand 61.6 D 61.6 95.1
Sierra Leone 61.5 D 61.5 84.8
Zambia 61.0 E 61.0 71.9
Uzbekistan 60.6 E 60.6 68.5
Azerbaijan 59.2 D 59.2 92.4
Panama 59.1 D 59.1 90.0
Myanmar 58.4 D 58.4 85.1
Egypt 57.3 D 57.3 92.5
Nicaragua 57.1 E 57.1 73.4
Tajikistan 56.9 E 56.9 92.1
Vietnam 56.8 E 56.8 91.8
Jamaica 55.9 E 55.9 82.1
Guyana 55.8 E 55.8 81.1
Bangladesh 54.9 E 54.9 74.8
Liberia 54.9 E 54.9 74.2
Bhutan 54.6 E 54.6 88.2
Papua New Guinea 53.7 E 53.7 64.8
Nigeria 53.5 E 53.5 76.1
Haiti 53.0 E 53.0 73.2
Laos 52.6 E 52.6 81.7
Ethiopia 52.3 E 52.3 58.7
Zimbabwe 52.1 E 52.1 73.9
Guinea-Bissau 51.5 E 51.5 69.1
Nepal 51.5 E 51.5 81.5
Madagascar 49.7 E 49.7 82.6
Guinea 48.0 E 48.0 76.5
Burundi 44.8 E 44.8 77.6
Chad 44.6 E 44.6 66.2
Mali 44.2 E 44.2 87.1
Angola 41.9 E 41.9 68.0
Libya 41.6 E 41.6 72.8
Congo, Rep. 41.1 E 41.1 75.6
Honduras 40.7 E 40.7 83.9
Cambodia 40.7 E 40.7 84.4
Yemen, Rep. 40.1 E 40.1 58.0
Central African Republic 38.6 E 38.6 61.9
Congo, Dem. Rep 37.1 E 37.1 47.2
Gabon 36.6 E 36.6 79.1
Bolivia 35.7 E 35.7 84.1
Sudan 31.5 E 31.5 73.7
Afghanistan 28.8 E 28.8 47.4
Lebanon 28.7 E 65.7 28.7


Key:
Data Quality Index numbers shown on a scale of 0-100.
         100 = Excelent, 0 = Poor.

Grade definitions:
         A: As good as it gets;
         B: Use with caution;
         C: Unreliable for many purposes
         D: Extremely poor quality.

See: Data for individual countries and underlying data click on the country name

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NORTH MACEDONIA'S ECONOMICS
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