Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices in North Macedonia
North Macedonia: Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices was 103.22 Index, 2025=100 in 2026. ▲ Rising
Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices in North Macedonia, 2015–2026
Source: Eurostat. Measured in Index, 2025=100.
Analysis
In 2026, harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices in North Macedonia stood at 103.22 Index, 2025=100. That is the highest value across all 12 years on record.
The figure is up 1.8% on the previous year and up 51.6% over ten years.
Over the whole period, harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices in North Macedonia peaked at 103.22 Index, 2025=100 in 2026 and was at its lowest, 68.09 Index, 2025=100, in 2016.
That places North Macedonia 28th out of 44 countries with data for 2026, putting it in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices in North Macedonia, year by year
| Year | Index, 2025=100 | Change |
|---|---|---|
| 2015 | 68.19 Index, 2025=100 | — |
| 2016 | 68.09 Index, 2025=100 | -0.1% |
| 2017 | 70.23 Index, 2025=100 | +3.1% |
| 2018 | 71.09 Index, 2025=100 | +1.2% |
| 2019 | 70.78 Index, 2025=100 | -0.4% |
| 2020 | 72.87 Index, 2025=100 | +3.0% |
| 2021 | 76.53 Index, 2025=100 | +5.0% |
| 2022 | 90.13 Index, 2025=100 | +17.8% |
| 2023 | 92.93 Index, 2025=100 | +3.1% |
| 2024 | 98.05 Index, 2025=100 | +5.5% |
| 2025 | 101.4 Index, 2025=100 | +3.4% |
| 2026 | 103.22 Index, 2025=100 | +1.8% |
North Macedonia compared with similar countries
- North Macedonia's 103.22 Index, 2025=100 is below the median for Europe & Central Asia, which is 103.45 Index, 2025=100, 100% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 69.68 Index, 2025=100 | 68.09 Index, 2025=100 | 71.09 Index, 2025=100 | 5 |
| 2020s | 90.73 Index, 2025=100 | 72.87 Index, 2025=100 | 103.22 Index, 2025=100 | 7 |
Countries ranked near North Macedonia
- 26 Euro area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023, EA21-2026) 103.35 Index, 2025=100 compare
- 27 Luxembourg 103.32 Index, 2025=100 compare
- 29 Slovakia 103.06 Index, 2025=100 compare
- 30 Latvia 103.02 Index, 2025=100 compare
- 31 Poland 103.01 Index, 2025=100 compare
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 harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices in North Macedonia?
- Harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices in North Macedonia was 103.22 Index, 2025=100 in 2026, according to Eurostat.
- What is the highest harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices recorded in North Macedonia?
- The highest recorded value was 103.22 Index, 2025=100 in 2026.
- What is the lowest harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices recorded in North Macedonia?
- The lowest recorded value was 68.09 Index, 2025=100 in 2016.
- How does North Macedonia rank for harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices?
- North Macedonia ranks 28th out of 44 countries with data for 2026.
- Is harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices rising or falling in North Macedonia?
- Over the last ten years it is up 51.6%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Eurostat, published as part of Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices and rates of change at constant tax rates, monthly data. Statizoid updates them automatically from the source API.
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