North Macedonia: production value of motor vehicle & trailer manufacturers 2011-2022

Published by Statista Research Department, Nov 29, 2024

The production value of the motor vehicles, trailers, and semi-trailers manufacturing industry in North Macedonia increased by 377.7 million euros (+60.91 percent) in 2022 in comparison to the previous year. With 997.79 million euros, the production value thereby reached its highest value in the observed period. Notably, the production value in this industry continuously increased over the last years.
The value of production is defined by Eurostat as the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services.

Production value of the manufacture of motor vehicle, trailer and semi-trailer industry in North Macedonia from 2011 to 2022 (in million euros)

Characteristic	Annual production value in million euros
2022	997.79
2020	620.1
2017	494.5
2012	14.6
2011	11.6

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Release date

October 2023

More information

Region

North Macedonia

Survey time period

2011 to 2022

Supplementary notes

* Confidential data.
** Provisional data.
The source adds the following information: 'Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.'
Data coverage corresponds to code C29 of CE Rev2.

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