Development of inflation rates in Macedonia

The inflation rate in Germany moved over the past years between -1.3% and 126.6%. For 2016, an inflation rate of -0.2% was calculated.

During the observation period from 1994 to 2016, the average inflation rate was 8.4% per year. Overall, the price increase was 296.63 %. An item that cost 100 Denar in 1993 was 2016 so charged 396.63 Denar.

In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.

Back to overview: Macedonia

Inflation developments of the past 22 years compared to the European Union

Performance based on 100% in 1993.



      Macedonia       European Union


JahrMacedoniaØ European Union
1994126.58 %4.71 %
199516.37 %4.27 %
19962.47 %3.34 %
19971.29 %2.65 %
19980.54 %2.41 %
1999-1.28 %2.17 %
20006.61 %3.16 %
20015.20 %3.15 %
20022.31 %2.31 %
20030.86 %2.10 %
2004-0.45 %2.26 %
20050.52 %2.48 %
20063.22 %2.60 %
20072.25 %2.63 %
20088.33 %4.20 %
2009-0.74 %0.95 %
20101.51 %1.67 %
20113.91 %3.31 %
20123.32 %2.72 %
20132.79 %1.39 %
2014-0.28 %0.22 %
2015-0.30 %-0.06 %
2016-0.24 %0.22 %