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Inflation, average consumer prices (IMF) — all countries

Inflation, average consumer prices (IMF) — North Macedonia

Inflation, average consumer prices (IMF) in North Macedonia in 2031 — 2%. Ranked 14 in the world out of 189. Since 1993, the indicator has fallen by 336.7 pp.

2031 2% −0.2 pp vs 2030
World rank 14of 189
Period maximum 338.7%1993
Period minimum -1.3%1999

Trend over time

1993–2031 · % per year

Inflation, average consumer prices (IMF) — North Macedonia, 1993–2031-1000100200300400199319972001200520092013201720212025202920311993: 338.7%1994: 126.6%1995: 16.4%1996: 2.5%1997: 1.3%1998: 0.5%1999: -1.3%2000: 6.6%2001: 5.1%2002: 1.7%2003: 1.1%2004: -0.4%2005: 0%2006: 3.3%2007: 2.8%2008: 7.2%2009: -0.8%2010: 1.5%2011: 3.9%2012: 3.3%2013: 2.8%2014: -0.3%2015: -0.2%2016: -0.2%2017: 1.4%2018: 1.5%2019: 0.8%2020: 1.2%2021: 3.2%2022: 14.2%2023: 9.4%2024: 3.5%2025: 4.1%2026: 4.5%2027: 4.1%2028: 3.2%2029: 2.5%2030: 2.2%2031: 2%
Change over the period: −336.7 pp Annual average: -8.86 pp
Inflation, average consumer prices (IMF) — North Macedonia, by year North Macedonia All countries CSV XLSX
Year % Change, pp
2031 2 −0.2 pp
2030 2.2 −0.3 pp
2029 2.5 −0.7 pp
2028 3.2 −0.9 pp
2027 4.1 −0.4 pp
2026 4.5 +0.4 pp
2025 4.1 +0.6 pp
2024 3.5 −5.9 pp
2023 9.4 −4.8 pp
2022 14.2 +11 pp
2021 3.2 +2 pp
2020 1.2 +0.4 pp
2019 0.8 −0.7 pp
2018 1.5 +0.1 pp
2017 1.4 +1.6 pp
2016 -0.2 +0 pp
2015 -0.2 +0.1 pp
2014 -0.3 −3.1 pp
2013 2.8 −0.5 pp
2012 3.3 −0.6 pp
2011 3.9 +2.4 pp
2010 1.5 +2.3 pp
2009 -0.8 −8 pp
2008 7.2 +4.4 pp
2007 2.8 −0.5 pp
2006 3.3 +3.3 pp
2005 0 +0.4 pp
2004 -0.4 −1.5 pp
2003 1.1 −0.6 pp
2002 1.7 −3.4 pp
2001 5.1 −1.5 pp
2000 6.6 +7.9 pp
1999 -1.3 −1.8 pp
1998 0.5 −0.8 pp
1997 1.3 −1.2 pp
1996 2.5 −13.9 pp
1995 16.4 −110.2 pp
1994 126.6 −212.1 pp
1993 338.7 —

Southern Europe, 2031

The same indicator for neighboring countries — with links to their pages

AD Andorra 2 BA Bosnia and Herzegovina 2 IT Italy 2 XK Kosovo 2 MT Malta 2 MK North Macedonia 2 PT Portugal 2 SM San Marino 2 ES Spain 2 GR Greece 2.1 SI Slovenia 2.1 ME Montenegro 2.2 HR Croatia 2.5 AL Albania 3 RS Serbia 3
Full table for all countries

About the indicator

The average annual change in the consumer price index from the IMF World Economic Outlook database. The IMF brings national series to a common methodology and publishes a five-year forecast, which makes it possible to compare not only current but also expected inflation. For countries with hyperinflation the IMF flags the data separately as estimates.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for North Macedonia

Economy End-of-period inflation

How much prices have risen by December compared with December of the previous year.

North Macedonia by year Economy Consumer price inflation

The annual change in the consumer price index, in percent.

North Macedonia by year Economy Consumer price index

The level of consumer prices relative to a base year — the accumulated result of inflation.

North Macedonia by year Economy Real GDP growth (IMF)

Real GDP growth rates as estimated and projected by the IMF.

North Macedonia by year
All indicators for North Macedonia