GDP deflator (base year varies by country), annual growth rate in North Macedonia

North Macedonia: GDP deflator (base year varies by country), annual growth rate was 2.87 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.87 % change on previous year
Change on year
down 63.1%
World rank
140th
of 211 countries
All-time high
442.13 % change on previous year
in 1993
All-time low
-0.1661 % change on previous year
in 2004
Years of data
33
1991–2024

GDP deflator (base year varies by country), annual growth rate in North Macedonia, 1991–2024

01002003004001991200720241991: 93.9 % change on previous year1993: 442.1 % change on previous year1994: 151.9 % change on previous year1995: 17.1 % change on previous year1996: 2.9 % change on previous year1997: 3.9 % change on previous year1998: 1.4 % change on previous year1999: 2.7 % change on previous year2000: 8.2 % change on previous year2001: 4.7 % change on previous year2002: 0.944 % change on previous year2003: 1.7 % change on previous year2004: -0.166 % change on previous year2005: 4.9 % change on previous year2006: 3.3 % change on previous year2007: 4.6 % change on previous year2008: 5.5 % change on previous year2009: 0.295 % change on previous year2010: 2 % change on previous year2011: 3.7 % change on previous year2012: 1 % change on previous year2013: 4.5 % change on previous year2014: 1.4 % change on previous year2015: 2 % change on previous year2016: 3.5 % change on previous year2017: 2.8 % change on previous year2018: 3.9 % change on previous year2019: 0.868 % change on previous year2020: 1.4 % change on previous year2021: 4.3 % change on previous year2022: 8.9 % change on previous year2023: 7.8 % change on previous year2024: 2.9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator (base year varies by country), annual growth rate in North Macedonia stood at 2.87 % change on previous year.

The figure is down 63.1% on the previous year and up 98.3% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in North Macedonia peaked at 442.13 % change on previous year in 1993 and was at its lowest, -0.1661 % change on previous year, in 2004.

North Macedonia ranks 140th of 211 countries on this measure, in the middle of the range.

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

GDP deflator (base year varies by country), annual growth rate in North Macedonia, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in North Macedonia, 1991 to 2024.
Year % change on previous year Change
1991 93.92 % change on previous year
1993 442.13 % change on previous year +370.7%
1994 151.89 % change on previous year -65.6%
1995 17.09 % change on previous year -88.7%
1996 2.86 % change on previous year -83.2%
1997 3.93 % change on previous year +37.2%
1998 1.39 % change on previous year -64.6%
1999 2.74 % change on previous year +96.8%
2000 8.18 % change on previous year +198.7%
2001 4.72 % change on previous year -42.3%
2002 0.944 % change on previous year -80.0%
2003 1.65 % change on previous year +75.0%
2004 -0.1661 % change on previous year -110.1%
2005 4.9 % change on previous year -3047.8%
2006 3.25 % change on previous year -33.6%
2007 4.59 % change on previous year +41.2%
2008 5.49 % change on previous year +19.6%
2009 0.2949 % change on previous year -94.6%
2010 2.04 % change on previous year +592.0%
2011 3.72 % change on previous year +82.4%
2012 1 % change on previous year -73.1%
2013 4.48 % change on previous year +347.0%
2014 1.45 % change on previous year -67.7%
2015 2 % change on previous year +38.4%
2016 3.47 % change on previous year +72.9%
2017 2.81 % change on previous year -19.0%
2018 3.93 % change on previous year +39.9%
2019 0.8679 % change on previous year -77.9%
2020 1.37 % change on previous year +58.4%
2021 4.29 % change on previous year +211.8%
2022 8.87 % change on previous year +107.1%
2023 7.77 % change on previous year -12.5%
2024 2.87 % change on previous year -63.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 89.49 % change on previous year 1.39 % change on previous year 442.13 % change on previous year 8
2000s 3.39 % change on previous year -0.1661 % change on previous year 8.18 % change on previous year 10
2010s 2.58 % change on previous year 0.8679 % change on previous year 4.48 % change on previous year 10
2020s 5.03 % change on previous year 1.37 % change on previous year 8.87 % change on previous year 5

Countries ranked near North Macedonia

  1. 137 Afghanistan 2.92 % change on previous year compare
  2. 138 Philippines 2.91 % change on previous year compare
  3. 139 Japan 2.87 % change on previous year compare
  4. 141 Northern Mariana Islands 2.8 % change on previous year compare
  5. 142 Mali 2.8 % change on previous year compare
  6. 143 Sweden 2.79 % change on previous year compare

See the full ranking of 211 places →

More population data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in North Macedonia?
Gdp deflator (base year varies by country), annual growth rate in North Macedonia was 2.87 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in North Macedonia?
The highest recorded value was 442.13 % change on previous year in 1993.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in North Macedonia?
The lowest recorded value was -0.1661 % change on previous year in 2004.
How does North Macedonia rank for gdp deflator (base year varies by country), annual growth rate?
North Macedonia ranks 140th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in North Macedonia?
Over the last ten years it is up 98.3%. The long-run trend across the full record is volatile.
Where does this North Macedonia data come from?
The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in North Macedonia. Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/north-macedonia/

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How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.