Relative median income ratio in North Macedonia
North Macedonia: Relative median income ratio was 0.92 in 2024. ▼ Falling
Relative median income ratio in North Macedonia, 2012–2024
Source: Eurostat.
Analysis
The most recent figure for relative median income ratio in North Macedonia is 0.92, measured in 2024. That is the lowest value across all 13 years on record.
The figure is down 9.8% on the previous year and down 17.1% over ten years.
Over the whole period, relative median income ratio in North Macedonia peaked at 1.15 in 2017 and was at its lowest, 0.92, in 2024.
North Macedonia ranks 15th of 47 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Relative median income ratio in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 1.07 | — |
| 2013 | 1.09 | +1.9% |
| 2014 | 1.11 | +1.8% |
| 2015 | 1.12 | +0.9% |
| 2016 | 1.11 | -0.9% |
| 2017 | 1.15 | +3.6% |
| 2018 | 1.12 | -2.6% |
| 2019 | 1.12 | +0.0% |
| 2020 | 1.14 | +1.8% |
| 2021 | 1.12 | -1.8% |
| 2022 | 1.07 | -4.5% |
| 2023 | 1.02 | -4.7% |
| 2024 | 0.92 | -9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.11 | 1.07 | 1.15 | 8 |
| 2020s | 1.05 | 0.92 | 1.14 | 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)
- Services, value added (current US$), annual growth rate 14.09 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5695 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 5,974 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 9.63 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 31.12 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 326,483 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.82 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3898 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is relative median income ratio in North Macedonia?
- Relative median income ratio in North Macedonia was 0.92 in 2024, according to Eurostat.
- What is the highest relative median income ratio recorded in North Macedonia?
- The highest recorded value was 1.15 in 2017.
- What is the lowest relative median income ratio recorded in North Macedonia?
- The lowest recorded value was 0.92 in 2024.
- How does North Macedonia rank for relative median income ratio?
- North Macedonia ranks 15th out of 47 countries with data for 2024.
- Is relative median income ratio rising or falling in North Macedonia?
- Over the last ten years it is down 17.1%. 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 Relative median income ratio (60+). Statizoid updates them automatically from the source API.
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