PPP conversion factor, private consumption (LCU per international $) in North Macedonia

North Macedonia: PPP conversion factor, private consumption (LCU per international $) was 22.45 LCU per international $ in 2024. ▬ Flat

Latest (2024)
22.45 LCU per international $
Change on year
down 1.7%
World rank
74th
of 204 countries
All-time high
25.03 LCU per international $
in 2001
All-time low
9.38 LCU per international $
in 1993
Years of data
32
1993–2024

PPP conversion factor, private consumption in North Macedonia, 1993–2024

01020301993200820241993: 9.4 LCU per international $1994: 20.7 LCU per international $1995: 23.4 LCU per international $1996: 23.3 LCU per international $1997: 23.1 LCU per international $1998: 23.1 LCU per international $1999: 22.6 LCU per international $2000: 23.7 LCU per international $2001: 25 LCU per international $2002: 24.4 LCU per international $2003: 24.7 LCU per international $2004: 24.4 LCU per international $2005: 24.4 LCU per international $2006: 24.6 LCU per international $2007: 24.9 LCU per international $2008: 24.8 LCU per international $2009: 23.6 LCU per international $2010: 23.5 LCU per international $2011: 23.9 LCU per international $2012: 23.9 LCU per international $2013: 23.5 LCU per international $2014: 23 LCU per international $2015: 23.1 LCU per international $2016: 22.3 LCU per international $2017: 22.5 LCU per international $2018: 22.7 LCU per international $2019: 21.8 LCU per international $2020: 22.1 LCU per international $2021: 20.9 LCU per international $2022: 21.6 LCU per international $2023: 22.8 LCU per international $2024: 22.5 LCU per international $

Source: UNESCO Institute for Statistics. Measured in LCU per international $.

Analysis

North Macedonia recorded 22.45 LCU per international $ for ppp conversion factor, private consumption in 2024.

Compared with earlier readings it is down 1.7% on the previous year and down 2.5% over ten years.

Over the whole period, ppp conversion factor, private consumption in North Macedonia peaked at 25.03 LCU per international $ in 2001 and was at its lowest, 9.38 LCU per international $, in 1993.

That places North Macedonia 74th out of 204 countries with data for 2024, putting it in the middle of the range.

PPP conversion factor, private consumption (LCU per international $) in North Macedonia, year by year

Annual values for PPP conversion factor, private consumption (LCU per international $) in North Macedonia, 1993 to 2024.
Year LCU per international $ Change
1993 9.38 LCU per international $ —
1994 20.7 LCU per international $ +120.8%
1995 23.43 LCU per international $ +13.2%
1996 23.33 LCU per international $ -0.5%
1997 23.09 LCU per international $ -1.0%
1998 23.1 LCU per international $ +0.1%
1999 22.62 LCU per international $ -2.1%
2000 23.72 LCU per international $ +4.9%
2001 25.03 LCU per international $ +5.5%
2002 24.43 LCU per international $ -2.4%
2003 24.72 LCU per international $ +1.2%
2004 24.43 LCU per international $ -1.2%
2005 24.37 LCU per international $ -0.3%
2006 24.62 LCU per international $ +1.0%
2007 24.91 LCU per international $ +1.2%
2008 24.84 LCU per international $ -0.3%
2009 23.59 LCU per international $ -5.0%
2010 23.51 LCU per international $ -0.3%
2011 23.94 LCU per international $ +1.8%
2012 23.94 LCU per international $ -0.0%
2013 23.47 LCU per international $ -2.0%
2014 23.04 LCU per international $ -1.8%
2015 23.07 LCU per international $ +0.1%
2016 22.25 LCU per international $ -3.5%
2017 22.53 LCU per international $ +1.2%
2018 22.67 LCU per international $ +0.6%
2019 21.81 LCU per international $ -3.8%
2020 22.14 LCU per international $ +1.5%
2021 20.89 LCU per international $ -5.7%
2022 21.62 LCU per international $ +3.5%
2023 22.84 LCU per international $ +5.6%
2024 22.45 LCU per international $ -1.7%

North Macedonia compared with similar countries

  • North Macedonia's 22.45 LCU per international $ is above the median for upper middle income countries, which is 8.36 LCU per international $, 2.7× the median. (57 countries reporting)
  • North Macedonia's 22.45 LCU per international $ is above the median for Europe & Central Asia, which is 0.856 LCU per international $, 26.2× the median. (50 countries reporting)

Biggest year-on-year movements

Years where PPP conversion factor, private consumption (LCU per international $) in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1994 +120.8% 9.38 LCU per international $ 20.7 LCU per international $

Averages by decade

DecadeAverage LowestHighest Years
1990s 20.81 LCU per international $ 9.38 LCU per international $ 23.43 LCU per international $ 7
2000s 24.46 LCU per international $ 23.59 LCU per international $ 25.03 LCU per international $ 10
2010s 23.02 LCU per international $ 21.81 LCU per international $ 23.94 LCU per international $ 10
2020s 21.99 LCU per international $ 20.89 LCU per international $ 22.84 LCU per international $ 5

Countries ranked near North Macedonia

  1. 71 Mozambique 25.09 LCU per international $ compare
  2. 72 Ethiopia 24.49 LCU per international $ compare
  3. 73 Dominican Republic 23.54 LCU per international $ compare
  4. 75 Bhutan 20.88 LCU per international $ compare
  5. 76 Philippines 20.74 LCU per international $ compare
  6. 77 Mauritius 19.92 LCU per international $ compare

See the full ranking of 204 places →

More population data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is ppp conversion factor, private consumption in North Macedonia?
Ppp conversion factor, private consumption in North Macedonia was 22.45 LCU per international $ in 2024, according to UNESCO Institute for Statistics.
What is the highest ppp conversion factor, private consumption recorded in North Macedonia?
The highest recorded value was 25.03 LCU per international $ in 2001.
What is the lowest ppp conversion factor, private consumption recorded in North Macedonia?
The lowest recorded value was 9.38 LCU per international $ in 1993.
How does North Macedonia rank for ppp conversion factor, private consumption?
North Macedonia ranks 74th out of 204 countries with data for 2024.
Is ppp conversion factor, private consumption rising or falling in North Macedonia?
Over the last ten years it is down 2.5%. The long-run trend across the full record is flat.
Where does this North Macedonia data come from?
The figures come from UNESCO Institute for Statistics, published as part of PPP conversion factor, private consumption (LCU per international $). Statizoid updates them automatically from the source API.

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PPP conversion factor, private consumption in North Macedonia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 12 November 2026, from https://population.statizoid.com/stat/ppp-conversion-factor-private-consumption-lcu-per-international/north-macedonia/

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About this data

Indicator
PPP conversion factor, private consumption (LCU per international $)
Unit
LCU per international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
204 places, 6,148 data points, 1990–2024
Last refreshed

February 2026 Data Release