Price level ratio of PPP conversion factor (GDP) to market exchange in North Macedonia
North Macedonia: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.3502 in 2024. ▼ Falling
Price level ratio of PPP conversion factor (GDP) to market exchange in North Macedonia, 1990–2024
Source: UNESCO Institute for Statistics.
Analysis
North Macedonia recorded 0.3502 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024.
Compared with earlier readings it is down 1.0% on the previous year and down 14.4% over ten years.
Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in North Macedonia peaked at 0.4796 in 1995 and was at its lowest, 0.2382, in 1992.
North Macedonia ranks 143rd of 202 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 35 years of available data.
Price level ratio of PPP conversion factor (GDP) to market exchange in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.4259 | — |
| 1991 | 0.4615 | +8.3% |
| 1992 | 0.2382 | -48.4% |
| 1993 | 0.2769 | +16.2% |
| 1994 | 0.3662 | +32.3% |
| 1995 | 0.4796 | +31.0% |
| 1996 | 0.459 | -4.3% |
| 1997 | 0.375 | -18.3% |
| 1998 | 0.3443 | -8.2% |
| 1999 | 0.3346 | -2.8% |
| 2000 | 0.3026 | -9.6% |
| 2001 | 0.3012 | -0.5% |
| 2002 | 0.311 | +3.3% |
| 2003 | 0.37 | +19.0% |
| 2004 | 0.3898 | +5.4% |
| 2005 | 0.3915 | +0.4% |
| 2006 | 0.387 | -1.1% |
| 2007 | 0.4362 | +12.7% |
| 2008 | 0.4601 | +5.5% |
| 2009 | 0.4164 | -9.5% |
| 2010 | 0.403 | -3.2% |
| 2011 | 0.4361 | +8.2% |
| 2012 | 0.3968 | -9.0% |
| 2013 | 0.4118 | +3.8% |
| 2014 | 0.4091 | -0.7% |
| 2015 | 0.3499 | -14.5% |
| 2016 | 0.3402 | -2.8% |
| 2017 | 0.347 | +2.0% |
| 2018 | 0.3637 | +4.8% |
| 2019 | 0.3322 | -8.6% |
| 2020 | 0.3336 | +0.4% |
| 2021 | 0.3441 | +3.2% |
| 2022 | 0.316 | -8.2% |
| 2023 | 0.3536 | +11.9% |
| 2024 | 0.3502 | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3761 | 0.2382 | 0.4796 | 10 |
| 2000s | 0.3766 | 0.3012 | 0.4601 | 10 |
| 2010s | 0.379 | 0.3322 | 0.4361 | 10 |
| 2020s | 0.3395 | 0.316 | 0.3536 | 5 |
Countries ranked near North Macedonia
More population data for North Macedonia
- Un population 2024 vs 2022, annual growth rate -0.9708 % change on previous year (2100)
- Population long run with projections, annual growth rate -1.24 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -3.21 % change on previous year (2050)
- Population regions with projections, annual growth rate -1.24 % change on previous year (2100)
- Population growth rate, by level of development -1.2% (2100)
- Number of children under 5, by world region 28,904 people (2100)
- Population density 34.22 people per km² (2100)
- World population growth -1.2% (2100)
- Projected population under age 5, annual growth rate -1.01 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.1557 Percent per annum (2030)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in North Macedonia?
- Price level ratio of ppp conversion factor (gdp) to market exchange in North Macedonia was 0.3502 in 2024, according to UNESCO Institute for Statistics.
- What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in North Macedonia?
- The highest recorded value was 0.4796 in 1995.
- What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in North Macedonia?
- The lowest recorded value was 0.2382 in 1992.
- How does North Macedonia rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- North Macedonia ranks 143rd out of 202 countries with data for 2024.
- Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in North Macedonia?
- Over the last ten years it is down 14.4%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release