North Macedonia - Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in North Macedonia was 1.13 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 1,271.66 in 1992 and a minimum value of -0.17 in 2004.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1991 93.92
1992 1,271.66
1993 442.13
1994 151.89
1995 17.09
1996 2.86
1997 3.93
1998 1.39
1999 2.74
2000 8.18
2001 4.72
2002 0.94
2003 1.65
2004 -0.17
2005 4.90
2006 3.25
2007 4.59
2008 5.49
2009 0.30
2010 2.04
2011 3.72
2012 1.00
2013 4.48
2014 1.45
2015 2.00
2016 3.47
2017 2.81
2018 3.93
2019 0.87
2020 1.13

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices