PPP conversion factor, GDP in North Macedonia
North Macedonia: PPP conversion factor, GDP was 20.45 LCU per international $ in 2025. ▲ Rising
PPP conversion factor, GDP in North Macedonia, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor, gdp in North Macedonia is 20.45 LCU per international $, measured in 2025.
That represents a change of up 4.5% on the previous year and up 5.2% over ten years.
Over the whole period, ppp conversion factor, gdp in North Macedonia peaked at 20.5 LCU per international $ in 2001 and was at its lowest, 0.0482 LCU per international $, in 1990.
That places North Macedonia 72nd out of 205 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
PPP conversion factor, GDP in North Macedonia, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 0.0482 LCU per international $ | — |
| 1991 | 0.0904 LCU per international $ | +87.6% |
| 1992 | 1.21 LCU per international $ | +1241.1% |
| 1993 | 6.42 LCU per international $ | +429.6% |
| 1994 | 15.84 LCU per international $ | +146.6% |
| 1995 | 18.16 LCU per international $ | +14.7% |
| 1996 | 18.35 LCU per international $ | +1.0% |
| 1997 | 18.75 LCU per international $ | +2.2% |
| 1998 | 18.75 LCU per international $ | +0.0% |
| 1999 | 19.04 LCU per international $ | +1.5% |
| 2000 | 19.94 LCU per international $ | +4.7% |
| 2001 | 20.5 LCU per international $ | +2.8% |
| 2002 | 20.02 LCU per international $ | -2.4% |
| 2003 | 20.1 LCU per international $ | +0.4% |
| 2004 | 19.26 LCU per international $ | -4.2% |
| 2005 | 19.29 LCU per international $ | +0.2% |
| 2006 | 18.89 LCU per international $ | -2.1% |
| 2007 | 19.51 LCU per international $ | +3.3% |
| 2008 | 19.26 LCU per international $ | -1.3% |
| 2009 | 18.36 LCU per international $ | -4.7% |
| 2010 | 18.74 LCU per international $ | +2.1% |
| 2011 | 19.29 LCU per international $ | +3.0% |
| 2012 | 19 LCU per international $ | -1.5% |
| 2013 | 19.11 LCU per international $ | +0.5% |
| 2014 | 19 LCU per international $ | -0.6% |
| 2015 | 19.44 LCU per international $ | +2.3% |
| 2016 | 18.96 LCU per international $ | -2.5% |
| 2017 | 18.97 LCU per international $ | +0.1% |
| 2018 | 18.95 LCU per international $ | -0.1% |
| 2019 | 18.26 LCU per international $ | -3.7% |
| 2020 | 18.06 LCU per international $ | -1.1% |
| 2021 | 17.93 LCU per international $ | -0.7% |
| 2022 | 18.4 LCU per international $ | +2.6% |
| 2023 | 19.48 LCU per international $ | +5.9% |
| 2024 | 19.58 LCU per international $ | +0.5% |
| 2025 | 20.45 LCU per international $ | +4.5% |
North Macedonia compared with similar countries
- North Macedonia's 20.45 LCU per international $ is above the median for upper middle income countries, which is 7.46 LCU per international $, 2.7× the median. (58 countries reporting)
- North Macedonia's 20.45 LCU per international $ is above the median for Europe & Central Asia, which is 0.8325 LCU per international $, 24.6× the median. (53 countries reporting)
Biggest year-on-year movements
Years where PPP conversion factor, GDP in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +1241.1% | 0.0904 LCU per international $ | 1.21 LCU per international $ |
| 1993 | +429.6% | 1.21 LCU per international $ | 6.42 LCU per international $ |
| 1994 | +146.6% | 6.42 LCU per international $ | 15.84 LCU per international $ |
| 1991 | +87.6% | 0.0482 LCU per international $ | 0.0904 LCU per international $ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.67 LCU per international $ | 0.0482 LCU per international $ | 19.04 LCU per international $ | 10 |
| 2000s | 19.51 LCU per international $ | 18.36 LCU per international $ | 20.5 LCU per international $ | 10 |
| 2010s | 18.97 LCU per international $ | 18.26 LCU per international $ | 19.44 LCU per international $ | 10 |
| 2020s | 18.98 LCU per international $ | 17.93 LCU per international $ | 20.45 LCU per international $ | 6 |
Countries ranked near North Macedonia
- 69 Uruguay 27.11 LCU per international $ compare
- 70 Dominican Republic 23.87 LCU per international $ compare
- 71 Mozambique 23.66 LCU per international $ compare
- 73 India 20.09 LCU per international $ compare
- 74 Bhutan 19.98 LCU per international $ compare
- 75 Philippines 19.07 LCU per international $ 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 ppp conversion factor, gdp in North Macedonia?
- Ppp conversion factor, gdp in North Macedonia was 20.45 LCU per international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in North Macedonia?
- The highest recorded value was 20.5 LCU per international $ in 2001.
- What is the lowest ppp conversion factor, gdp recorded in North Macedonia?
- The lowest recorded value was 0.0482 LCU per international $ in 1990.
- How does North Macedonia rank for ppp conversion factor, gdp?
- North Macedonia ranks 72nd out of 205 countries with data for 2025.
- Is ppp conversion factor, gdp rising or falling in North Macedonia?
- Over the last ten years it is up 5.2%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.