Price level index in North Macedonia
North Macedonia: Price level index was 37.43 GDP in 2025. ▼ Falling
Price level index in North Macedonia, 1990–2025
Source: World Development Indicators, World Bank (WB). Measured in GDP.
Analysis
In 2025, price level index in North Macedonia stood at 37.43 GDP.
That represents a change of up 8.7% on the previous year and up 6.9% over ten years.
Over the whole period, price level index in North Macedonia peaked at 47.95 GDP in 1995 and was at its lowest, 23.82 GDP, in 1992.
That places North Macedonia 137th out of 204 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Price level index in North Macedonia, year by year
| Year | GDP | Change |
|---|---|---|
| 1990 | 42.58 GDP | — |
| 1991 | 46.13 GDP | +8.3% |
| 1992 | 23.82 GDP | -48.4% |
| 1993 | 27.68 GDP | +16.2% |
| 1994 | 36.61 GDP | +32.3% |
| 1995 | 47.95 GDP | +31.0% |
| 1996 | 45.89 GDP | -4.3% |
| 1997 | 37.49 GDP | -18.3% |
| 1998 | 34.43 GDP | -8.2% |
| 1999 | 33.46 GDP | -2.8% |
| 2000 | 30.26 GDP | -9.6% |
| 2001 | 30.13 GDP | -0.4% |
| 2002 | 31.1 GDP | +3.2% |
| 2003 | 37.01 GDP | +19.0% |
| 2004 | 38.99 GDP | +5.4% |
| 2005 | 39.15 GDP | +0.4% |
| 2006 | 38.71 GDP | -1.1% |
| 2007 | 43.62 GDP | +12.7% |
| 2008 | 46.01 GDP | +5.5% |
| 2009 | 41.62 GDP | -9.5% |
| 2010 | 40.3 GDP | -3.2% |
| 2011 | 43.61 GDP | +8.2% |
| 2012 | 39.68 GDP | -9.0% |
| 2013 | 41.18 GDP | +3.8% |
| 2014 | 40.91 GDP | -0.7% |
| 2015 | 35 GDP | -14.4% |
| 2016 | 34.02 GDP | -2.8% |
| 2017 | 34.7 GDP | +2.0% |
| 2018 | 36.37 GDP | +4.8% |
| 2019 | 33.22 GDP | -8.6% |
| 2020 | 33.36 GDP | +0.4% |
| 2021 | 34.41 GDP | +3.2% |
| 2022 | 31.41 GDP | -8.7% |
| 2023 | 34.21 GDP | +8.9% |
| 2024 | 34.42 GDP | +0.6% |
| 2025 | 37.43 GDP | +8.7% |
North Macedonia compared with similar countries
- North Macedonia's 37.43 GDP is below the median for upper middle income countries, which is 40.95 GDP, 91% of the median. (58 countries reporting)
- North Macedonia's 37.43 GDP is below the median for Europe & Central Asia, which is 57.99 GDP, 65% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37.6 GDP | 23.82 GDP | 47.95 GDP | 10 |
| 2000s | 37.66 GDP | 30.13 GDP | 46.01 GDP | 10 |
| 2010s | 37.9 GDP | 33.22 GDP | 43.61 GDP | 10 |
| 2020s | 34.21 GDP | 31.41 GDP | 37.43 GDP | 6 |
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 price level index in North Macedonia?
- Price level index in North Macedonia was 37.43 GDP in 2025, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in North Macedonia?
- The highest recorded value was 47.95 GDP in 1995.
- What is the lowest price level index recorded in North Macedonia?
- The lowest recorded value was 23.82 GDP in 1992.
- How does North Macedonia rank for price level index?
- North Macedonia ranks 137th out of 204 countries with data for 2025.
- Is price level index rising or falling in North Macedonia?
- Over the last ten years it is up 6.9%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Price level index (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.