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North Macedonia · Inflation rate

North Macedonia Inflation rate

The World Bank — World Development Indicators (CC BY 4.0) · updated 2025-12-31

Latest · 20254.07%
Previous · 20243.49%
Highest · 1994126.58%
Lowest · 1999-1.28%

North Macedonia's inflation rate stands at 4.07% as of 2025-12-31, up from 3.49% in 2024. Historical data runs from 1994 to 2025 (32 observations).

Recent trend

In 2025, North Macedonia's inflation rate was 4.07%, up from 3.49% in 2024.

In 2024, North Macedonia's inflation rate was 3.49%, down from 9.36% in 2023.

In 2023, North Macedonia's inflation rate was 9.36%, down from 14.2% in 2022.

In 2022, North Macedonia's inflation rate was 14.2%, up from 3.23% in 2021.

In 2021, North Macedonia's inflation rate was 3.23%, up from 1.2% in 2020.

North Macedonia Inflation rate — historical data

YearValueChange
20254.07%+0.5828%
20243.49%-5.87%
20239.36%-4.84%
202214.2%+10.97%
20213.23%+2.03%
20201.2%+0.4336%
20190.7664%-0.6919%
20181.46%+0.1067%
20171.35%+1.59%
2016-0.2393%+0.0606%
2015-0.2999%-0.0182%
2014-0.2817%-3.07%
20132.79%-0.5311%
20123.32%-0.5887%
20113.9%+2.39%
20101.51%+2.25%
2009-0.7396%-9.07%
20088.33%+6.08%
20072.25%-0.9619%
20063.21%+2.69%
20050.5255%+0.9742%
2004-0.4487%-1.3%
20030.8556%-1.46%
20022.31%-2.88%
20015.2%-1.41%
20006.61%+7.89%
1999-1.28%-1.82%
19980.5442%-0.7502%
19971.29%-1.17%
19962.47%-13.91%
199516.37%-110.21%
1994126.58%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

More North Macedonia data

Frequently asked questions

What is North Macedonia's inflation rate?

North Macedonia's inflation rate is 4.07% as of 2025-12-31, compared with 3.49% in 2024. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest inflation rate in North Macedonia?

The highest recorded value is 126.58% (1994); the lowest is -1.28% (1999), across data from 1994 to 2025.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.