Effect of taxes and social transfers on income quintile share ratio in North Macedonia
North Macedonia: Effect of taxes and social transfers on income quintile share ratio was 1.8 Ratio in 2024. ▼ Falling
Effect of taxes and social transfers on income quintile share ratio in North Macedonia, 2010–2024
Source: Eurostat. Measured in Ratio.
Analysis
The most recent figure for effect of taxes and social transfers on income quintile share ratio in North Macedonia is 1.8 Ratio, measured in 2024. That is the lowest value across all 15 years on record.
The figure is down 21.7% on the previous year and down 35.7% over ten years.
Over the whole period, effect of taxes and social transfers on income quintile share ratio in North Macedonia peaked at 6.2 Ratio in 2012 and was at its lowest, 1.8 Ratio, in 2024.
That places North Macedonia 34th 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 taxes and social transfers on income quintile share ratio in North Macedonia, year by year
| Year | Ratio | Change |
|---|---|---|
| 2010 | 6.1 Ratio | — |
| 2011 | 5.9 Ratio | -3.3% |
| 2012 | 6.2 Ratio | +5.1% |
| 2013 | 5.1 Ratio | -17.7% |
| 2014 | 2.8 Ratio | -45.1% |
| 2015 | 2.8 Ratio | +0.0% |
| 2016 | 2.9 Ratio | +3.6% |
| 2017 | 3.3 Ratio | +13.8% |
| 2018 | 3.3 Ratio | +0.0% |
| 2019 | 2.4 Ratio | -27.3% |
| 2020 | 3 Ratio | +25.0% |
| 2021 | 2.5 Ratio | -16.7% |
| 2022 | 2.4 Ratio | -4.0% |
| 2023 | 2.3 Ratio | -4.2% |
| 2024 | 1.8 Ratio | -21.7% |
North Macedonia compared with similar countries
- North Macedonia's 1.8 Ratio is below the median for Europe & Central Asia, which is 3.05 Ratio, 59% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.08 Ratio | 2.4 Ratio | 6.2 Ratio | 10 |
| 2020s | 2.4 Ratio | 1.8 Ratio | 3 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 taxes and social transfers on income quintile share ratio in North Macedonia?
- Effect of taxes and social transfers on income quintile share ratio in North Macedonia was 1.8 Ratio in 2024, according to Eurostat.
- What is the highest effect of taxes and social transfers on income quintile share ratio recorded in North Macedonia?
- The highest recorded value was 6.2 Ratio in 2012.
- What is the lowest effect of taxes and social transfers on income quintile share ratio recorded in North Macedonia?
- The lowest recorded value was 1.8 Ratio in 2024.
- How does North Macedonia rank for effect of taxes and social transfers on income quintile share ratio?
- North Macedonia ranks 34th out of 45 countries with data for 2024.
- Is effect of taxes and social transfers on income quintile share ratio rising or falling in North Macedonia?
- Over the last ten years it is down 35.7%. 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 taxes and social transfers on income quintile share ratio S80/S20. Statizoid updates them automatically from the source API.
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