Annual inflation, consumer prices in North Macedonia

North Macedonia: Annual inflation, consumer prices was 3.5% in 2024. β—† Volatile

Latest (2024)
3.5%
Change on year
down 62.7%
World rank
82nd
of 187 countries
All-time high
14.2%
in 2022
All-time low
-0.7%
in 2009
Years of data
25
2000–2024

Annual inflation, consumer prices in North Macedonia, 2000–2024

0510152000201220242000: 6.6 %2001: 5.2 %2002: 2.3 %2003: 0.856 %2004: -0.449 %2005: 0.526 %2006: 3.2 %2007: 2.3 %2008: 8.3 %2009: -0.74 %2010: 1.5 %2011: 3.9 %2012: 3.3 %2013: 2.8 %2014: -0.282 %2015: -0.3 %2016: -0.239 %2017: 1.4 %2018: 1.5 %2019: 0.766 %2020: 1.2 %2021: 3.2 %2022: 14.2 %2023: 9.4 %2024: 3.5 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for annual inflation, consumer prices in North Macedonia is 3.5%, measured in 2024.

Compared with earlier readings it is down 62.7% on the previous year and up 1,338.8% over ten years.

Over the whole period, annual inflation, consumer prices in North Macedonia peaked at 14.2% in 2022 and was at its lowest, -0.7%, in 2009.

That places North Macedonia 82nd out of 187 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.8% -0.7% 8.3% 10
2010s 1.4% -0.3% 3.9% 10
2020s 6.3% 1.2% 14.2% 5

Countries ranked near North Macedonia

  1. 79 Mauritius 3.6% compare
  2. 80 Saint Kitts and Nevis 3.6% compare
  3. 81 Estonia 3.5% compare
  4. 83 CΓ΄te d'Ivoire 3.5% compare
  5. 84 Netherlands (Kingdom of the) 3.3% compare
  6. 85 Montenegro 3.3% compare

See the full ranking of 223 places β†’

More development goals data for North Macedonia

All data for North Macedonia β†’

Frequently asked questions

What is annual inflation, consumer prices in North Macedonia?
Annual inflation, consumer prices in North Macedonia was 3.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in North Macedonia?
The highest recorded value was 14.2% in 2022.
What is the lowest annual inflation, consumer prices recorded in North Macedonia?
The lowest recorded value was -0.7% in 2009.
How does North Macedonia rank for annual inflation, consumer prices?
North Macedonia ranks 82nd out of 187 countries with data for 2024.
Is annual inflation, consumer prices rising or falling in North Macedonia?
Over the last ten years it is up 1,338.8%. The long-run trend across the full record is volatile.
Where does this North Macedonia data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.

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Annual inflation, consumer prices in North Macedonia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 August 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/north-macedonia/

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About this data

Indicator
Annual inflation, consumer prices (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
223 places, 5,311 data points, 2000–2024
Last refreshed