GDP deflator — all countries

GDP deflator — North Macedonia

GDP deflator in North Macedonia in 2025 — 4.63%. Ranked 126 in the world out of 186. Since 1991, the indicator has fallen by 89.29 pp.

2025 4.63% +0.96 pp vs 2024
World rank 126of 186
Period maximum 1,271.66%1992
Period minimum -0.17%2004

Trend over time

1991–2025 · % per year

GDP deflator — North Macedonia, 1991–2025-50005001,0001,50019911995199920032007201120152019202320251991: 93.92%1992: 1,271.66%1993: 442.13%1994: 151.89%1995: 17.09%1996: 2.86%1997: 3.93%1998: 1.39%1999: 2.74%2000: 8.18%2001: 4.72%2002: 0.94%2003: 1.65%2004: -0.17%2005: 4.9%2006: 3.25%2007: 4.59%2008: 5.49%2009: 0.3%2010: 2.04%2011: 3.72%2012: 1%2013: 4.48%2014: 1.45%2015: 2%2016: 3.47%2017: 2.81%2018: 3.93%2019: 0.87%2020: 1.37%2021: 4.29%2022: 8.87%2023: 7.88%2024: 3.67%2025: 4.63%
Change over the period: −89.29 pp Annual average: -2.63 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: North Macedonia

North Macedonia 4.63%
World 3.33%
Southern Europe computed 2.61%
GDP deflator — North Macedonia, by year North Macedonia All countries CSV XLSX
Year % Change, pp
2025 4.63 +0.96 pp
2024 3.67 −4.21 pp
2023 7.88 −0.99 pp
2022 8.87 +4.59 pp
2021 4.29 +2.91 pp
2020 1.37 +0.51 pp
2019 0.87 −3.06 pp
2018 3.93 +1.12 pp
2017 2.81 −0.66 pp
2016 3.47 +1.46 pp
2015 2 +0.56 pp
2014 1.45 −3.04 pp
2013 4.48 +3.48 pp
2012 1 −2.72 pp
2011 3.72 +1.68 pp
2010 2.04 +1.75 pp
2009 0.3 −5.2 pp
2008 5.49 +0.9 pp
2007 4.59 +1.34 pp
2006 3.25 −1.64 pp
2005 4.9 +5.06 pp
2004 -0.17 −1.82 pp
2003 1.65 +0.71 pp
2002 0.94 −3.77 pp
2001 4.72 −3.46 pp
2000 8.18 +5.44 pp
1999 2.74 +1.35 pp
1998 1.39 −2.54 pp
1997 3.93 +1.06 pp
1996 2.86 −14.23 pp
1995 17.09 −134.79 pp
1994 151.89 −290.24 pp
1993 442.13 −829.53 pp
1992 1,271.66 +1,177.74 pp
1991 93.92

About the indicator

The annual change in the GDP deflator — the ratio of GDP in current prices to GDP in constant prices. Unlike the consumer price index it covers the prices of all final goods and services, including investment and export goods, but not imported ones. For commodity exporters the GDP deflator can diverge sharply from consumer inflation, following world prices.

Source: World Development Indicators (World Bank), license CC BY 4.0.