PPP conversion factor — all countries

PPP conversion factor — North Macedonia

PPP conversion factor in North Macedonia in 2025 — 20.453 per int$. Ranked 68 in the world out of 185. Since 1990, the indicator has risen by 42,329.4%.

2025 20.453 per int$ +4.48% vs 2024
World rank 68of 185
Period maximum 20.498 per int$2001
Period minimum 0.048 per int$1990

Trend over time

1990–2025 · local units per international $

PPP conversion factor — North Macedonia, 1990–2025010203019901994199820022006201020142018202220251990: 0.048 per int$1991: 0.09 per int$1992: 1.213 per int$1993: 6.422 per int$1994: 15.838 per int$1995: 18.164 per int$1996: 18.348 per int$1997: 18.746 per int$1998: 18.75 per int$1999: 19.039 per int$2000: 19.94 per int$2001: 20.498 per int$2002: 20.015 per int$2003: 20.102 per int$2004: 19.264 per int$2005: 19.294 per int$2006: 18.89 per int$2007: 19.51 per int$2008: 19.264 per int$2009: 18.355 per int$2010: 18.736 per int$2011: 19.29 per int$2012: 19.004 per int$2013: 19.105 per int$2014: 18.996 per int$2015: 19.441 per int$2016: 18.959 per int$2017: 18.97 per int$2018: 18.951 per int$2019: 18.256 per int$2020: 18.063 per int$2021: 17.931 per int$2022: 18.401 per int$2023: 19.483 per int$2024: 19.576 per int$2025: 20.453 per int$
Change over the period: +20.405 (+42,329.44%) Average annual rate: 18.87 %
PPP conversion factor — North Macedonia, by year North Macedonia All countries CSV XLSX
Year per int$ Change Change, %
2025 20.453 +0.878 +4.48%
2024 19.576 +0.092 +0.47%
2023 19.483 +1.082 +5.88%
2022 18.401 +0.47 +2.62%
2021 17.931 −0.132 −0.73%
2020 18.063 −0.193 −1.06%
2019 18.256 −0.695 −3.67%
2018 18.951 −0.019 −0.1%
2017 18.97 +0.012 +0.06%
2016 18.959 −0.482 −2.48%
2015 19.441 +0.445 +2.34%
2014 18.996 −0.109 −0.57%
2013 19.105 +0.102 +0.54%
2012 19.004 −0.286 −1.48%
2011 19.29 +0.554 +2.96%
2010 18.736 +0.38 +2.07%
2009 18.355 −0.909 −4.72%
2008 19.264 −0.246 −1.26%
2007 19.51 +0.62 +3.28%
2006 18.89 −0.404 −2.09%
2005 19.294 +0.03 +0.15%
2004 19.264 −0.838 −4.17%
2003 20.102 +0.087 +0.43%
2002 20.015 −0.483 −2.36%
2001 20.498 +0.558 +2.8%
2000 19.94 +0.9 +4.73%
1999 19.039 +0.289 +1.54%
1998 18.75 +0.004 +0.02%
1997 18.746 +0.398 +2.17%
1996 18.348 +0.184 +1.02%
1995 18.164 +2.326 +14.69%
1994 15.838 +9.416 +146.62%
1993 6.422 +5.209 +429.58%
1992 1.213 +1.122 +1,241.1%
1991 0.09 +0.042 +87.58%
1990 0.048

About the indicator

The number of units of national currency that buys the same set of goods and services inside the country as one dollar buys in the United States. Set against the market exchange rate it gives a measure of how far a currency is undervalued or overvalued: if the PPP factor is half the exchange rate, domestic prices are half the American ones, and any income in that country is worth twice what conversion at the exchange rate shows.

Important: There are no aggregates for country groups: the quantity is expressed in different currencies, and averaging it across countries is meaningless. Its ratio to the market exchange rate is the very adjustment from which all PPP indicators follow.

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