Effect of social transfers on income quintile share ratio S80/S20 in North Macedonia
North Macedonia: Effect of social transfers on income quintile share ratio S80/S20 was 1 Ratio in 2024. ▼ Falling
Effect of social transfers on income quintile share ratio S80/S20 in North Macedonia, 2010–2024
Source: Eurostat. Measured in Ratio.
Analysis
North Macedonia recorded 1 Ratio for effect of social transfers on income quintile share ratio s80/s20 in 2024. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 23.1% on the previous year and down 41.2% over ten years.
Over the whole period, effect of social transfers on income quintile share ratio s80/s20 in North Macedonia peaked at 4.5 Ratio in 2012 and was at its lowest, 1 Ratio, in 2024.
That places North Macedonia 37th out of 45 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Effect of social transfers on income quintile share ratio S80/S20 in North Macedonia, year by year
| Year | Ratio | Change |
|---|---|---|
| 2010 | 4.3 Ratio | — |
| 2011 | 4.2 Ratio | -2.3% |
| 2012 | 4.5 Ratio | +7.1% |
| 2013 | 3.5 Ratio | -22.2% |
| 2014 | 1.7 Ratio | -51.4% |
| 2015 | 1.8 Ratio | +5.9% |
| 2016 | 1.9 Ratio | +5.6% |
| 2017 | 2.3 Ratio | +21.1% |
| 2018 | 2.2 Ratio | -4.3% |
| 2019 | 1.6 Ratio | -27.3% |
| 2020 | 2.1 Ratio | +31.2% |
| 2021 | 1.6 Ratio | -23.8% |
| 2022 | 1.5 Ratio | -6.3% |
| 2023 | 1.3 Ratio | -13.3% |
| 2024 | 1 Ratio | -23.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.8 Ratio | 1.6 Ratio | 4.5 Ratio | 10 |
| 2020s | 1.5 Ratio | 1 Ratio | 2.1 Ratio | 5 |
Countries ranked near North Macedonia
More economy & growth data for North Macedonia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 400.07 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0209 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 219.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 675.78 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -36.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0354 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 371.12 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 10.51 % change on previous year (2025)
Frequently asked questions
- What is effect of social transfers on income quintile share ratio s80/s20 in North Macedonia?
- Effect of social transfers on income quintile share ratio s80/s20 in North Macedonia was 1 Ratio in 2024, according to Eurostat.
- What is the highest effect of social transfers on income quintile share ratio s80/s20 recorded in North Macedonia?
- The highest recorded value was 4.5 Ratio in 2012.
- What is the lowest effect of social transfers on income quintile share ratio s80/s20 recorded in North Macedonia?
- The lowest recorded value was 1 Ratio in 2024.
- How does North Macedonia rank for effect of social transfers on income quintile share ratio s80/s20?
- North Macedonia ranks 37th out of 45 countries with data for 2024.
- Is effect of social transfers on income quintile share ratio s80/s20 rising or falling in North Macedonia?
- Over the last ten years it is down 41.2%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from Eurostat, published as part of Effect of social transfers on income quintile share ratio S80/S20. Statizoid updates them automatically from the source API.
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