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Your inflation
8 Oct

Wages and prices › North Macedonia

North Macedonia: a wage buys 35.6% more than in 2019

Prices are 46.7% higher than in August 2019. The average gross wage rose 97.4% between the second quarter of 2019 and the second quarter of 2026, while prices rose 45.6% over the same quarters. Wages have more than caught up.

Updated 6 October 2026 with prices for August 2026 and wages for the second quarter of 2026. Sources: Eurostat, HICP (prc_hicp_minr), State Statistical Office, average paid gross wage.

100120140160180200Prices 145.6Wages 197.420192020202120222023202420252026
WagesPricesWages aheadWages behindSecond quarter of 2019 = 100

How much have prices risen since 2019?

Prices in North Macedonia are 46.7% higher than in August 2019. What cost 1,000 denars then costs 1,467 denars now.

Price rise since August 2019, by what people buy. The red mark is all items, +46.7%.

  1. Restaurants and hotels+105.8%
  2. Food and soft drinks+54.9%
  3. Leisure and culture+52.9%
  4. Alcohol and tobacco+50.2%
  5. Personal care and other+43.3%
  6. Housing and energy+42.6%
  7. Furniture and household goods+40.2%
  8. Transport+34.0%
  9. Health+32.2%
  10. Clothing and shoes+15.9%
  11. Phone and internet+8.9%
  12. Education+4.3%
  13. Insurance and finance+2.7%

Have wages kept up?

The average gross wage rose 97.4% between the second quarter of 2019 and the second quarter of 2026. Prices rose 45.6% over the same quarters, so a wage buys 35.6% more than in 2019.

How does North Macedonia compare with its neighbours?

PricesWagesReal wage
  1. European UnionPrices +30.0%, wages +30.0%, a wage buys +0.1%
  2. North MacedoniaPrices +45.6%, wages +97.4%, a wage buys +35.6%
  3. GreecePrices +24.6%, wages +40.3%, a wage buys +12.7%
  4. BulgariaPrices +42.5%, wages +121.8%, a wage buys +55.6%
  5. SerbiaPrices +48.7%, wages +127.7%, a wage buys +53.2%
  6. AlbaniaPrices +26.9%, wages +75.0%, a wage buys +38.0%
  7. Kosovo2025Prices +28.0%, wages +49.5%, a wage buys +16.8%

All countries

Work out your own inflation

Your prices depend on what you buy. Put in what you spend each month and see your own rate beside the official one: your inflation in North Macedonia.

Sources and method

Prices: Eurostat, HICP (prc_hicp_minr), August 2026 against August 2019. Wages: State Statistical Office, average paid gross wage, average paid gross wage per employee, the second quarter of 2026 against the second quarter of 2019. For the comparison, prices are the average of the same months. The figures are as published on 6 October 2026.