North Macedonia House Prices Growth

2004 - 2019 | Semiannually | % | CEIC Data

Key information about House Prices Growth

  • North Macedonia house prices grew 2.1% YoY in Dec 2019, following an increase of 2.6% YoY in the previous half a year.
  • YoY growth data is updated half a yearly, available from Jun 2004 to Dec 2019, with an average growth rate of -1.2%.
  • House price data reached an all-time high of 34.7% in Dec 2004 and a record low of -19.3% in Dec 2005.

CEIC calculates House Prices Growth from semiannual Average Dwellings Price per Square Meter. The State Statistical Office of the Republic of North Macedonia provides Average Dwellings Price per Square Meter in local currency.

View North Macedonia's House Prices Growth from Jun 2004 to Dec 2019 in the chart:

North Macedonia House Prices Growth

What was North Macedonia's House Prices Growth in Dec 2019?

North Macedonia house prices grew 2.1% YoY in Dec 2019, following an increase of 2.6% YoY in the previous half a year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.1 Dec 2019 2.6 Jun 2019 -19.3 Dec 2005 34.7 Dec 2004 % semiannually Jun 2004 - Dec 2019

House Prices Growth by Country Comparison

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Includes House Prices Growth on 68 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Australia (%) 4.8 Dec 2023 quarterly Sep 2004 - Dec 2023
Austria (%) -4.0 Sep 2023 quarterly Sep 1987 - Sep 2023
Belarus (%) -2.5 Dec 2021 quarterly Mar 2010 - Dec 2021
Belgium (%) 0.3 Sep 2023 quarterly Mar 1974 - Sep 2023
Bosnia and Herzegovina (%) 17.0 2022 yearly 2009 - 2022
Brazil (%) 5.3 Feb 2024 monthly Jan 2009 - Feb 2024
Brunei (%) -0.8 Dec 2023 quarterly Mar 2016 - Dec 2023
Bulgaria (%) 10.1 Dec 2023 quarterly Mar 2006 - Dec 2023
Canada (%) -0.4 Feb 2024 monthly Jan 1982 - Feb 2024
Chile (%) 1.3 Dec 2023 monthly Jan 2004 - Dec 2023
China (%) -8.6 Feb 2024 monthly Mar 1999 - Feb 2024
Colombia (%) 12.4 Dec 2023 quarterly Mar 1998 - Dec 2023
Croatia (%) 20.1 Dec 2022 semiannually Jun 1996 - Dec 2022
Cyprus (%) 7.6 Sep 2023 quarterly Mar 2007 - Sep 2023
Czech Republic (%) 1.0 Mar 2023 quarterly Mar 2006 - Mar 2023
Denmark (%) 12.3 Jan 2022 monthly Jan 2007 - Jan 2022
Estonia (%) -2.2 Mar 2024 quarterly Sep 2004 - Mar 2024
European Union (%) 0.2 Dec 2023 quarterly Mar 2006 - Dec 2023
Finland (%) 2.0 Dec 2017 quarterly Mar 2011 - Dec 2017
France (%) -3.6 Dec 2023 quarterly Mar 2001 - Dec 2023
Georgia (%) 7.8 Jun 2021 monthly May 2016 - Jun 2021
Germany (%) -7.1 Dec 2023 quarterly Mar 2001 - Dec 2023
Greece (%) 12.1 Dec 2023 quarterly Mar 2000 - Dec 2023
Hong Kong SAR, China (%) -12.8 Feb 2024 monthly Jan 1994 - Feb 2024
Hungary (%) 3.3 Dec 2023 quarterly Mar 2008 - Dec 2023
Iceland (%) 7.0 Mar 2024 monthly Mar 2001 - Mar 2024
India (%) 2.7 Dec 2023 quarterly Mar 2011 - Dec 2023
Indonesia (%) 1.7 Dec 2023 quarterly Mar 2003 - Dec 2023
Ireland (%) 5.4 Jan 2024 monthly Jan 2006 - Jan 2024
Israel (%) -0.6 Dec 2023 monthly Jan 1995 - Dec 2023
Italy (%) 1.8 Dec 2023 quarterly Mar 2011 - Dec 2023
Japan (%) 2.7 Dec 2023 monthly Apr 2009 - Dec 2023
Kazakhstan (%) -3.0 Feb 2024 monthly Nov 2013 - Feb 2024
South Korea (%) -2.1 Mar 2024 monthly Jan 1987 - Mar 2024
Latvia (%) 17.3 Mar 2022 quarterly Mar 2007 - Mar 2022
Lithuania (%) 13.1 Mar 2023 quarterly Mar 2007 - Mar 2023
Luxembourg (%) -14.4 Dec 2023 quarterly Mar 2008 - Dec 2023
North Macedonia (%) 2.1 Dec 2019 semiannually Jun 2004 - Dec 2019
Malaysia (%) 0.5 Dec 2023 quarterly Mar 2000 - Dec 2023
Malta (%) 7.5 Dec 2023 quarterly Mar 2001 - Dec 2023
Mexico (%) 10.0 Dec 2023 quarterly Mar 2006 - Dec 2023
Mongolia (%) 1.3 Sep 2021 quarterly Dec 2008 - Sep 2021
Montenegro (%) 24.6 Sep 2023 quarterly Mar 2012 - Sep 2023
Morocco (%) 1.1 Dec 2023 quarterly Mar 2007 - Dec 2023
Netherlands (%) 4.3 Feb 2024 monthly Jan 1996 - Feb 2024
New Zealand (%) -9.1 Jun 2023 quarterly Dec 1990 - Jun 2023
Norway (%) -0.7 Dec 2023 quarterly Mar 1993 - Dec 2023
Palestinian Territory (%) -4.5 Sep 2023 quarterly Mar 2019 - Sep 2023
Peru (%) 7.0 Dec 2021 quarterly Dec 2008 - Dec 2021
Philippines (%) 6.5 Dec 2023 quarterly Mar 2015 - Dec 2023
Poland (%) 11.2 Dec 2023 quarterly Sep 2007 - Dec 2023
Portugal (%) 7.8 Dec 2023 quarterly Mar 2010 - Dec 2023
Romania (%) 7.0 Sep 2022 quarterly Mar 2010 - Sep 2022
Russia (%) 11.8 Dec 2022 quarterly Mar 2006 - Dec 2022
Serbia (%) 6.5 Jun 2023 semiannually Jun 1995 - Jun 2023
Singapore (%) 5.0 Mar 2024 quarterly Mar 1976 - Mar 2024
Slovakia (%) -8.6 Dec 2023 quarterly Mar 2006 - Dec 2023
Slovenia (%) 5.7 Sep 2023 quarterly Mar 2008 - Sep 2023
South Africa (%) 7.3 Nov 2016 monthly Jan 1967 - Nov 2016
Spain (%) 3.2 Feb 2024 monthly Jan 2002 - Feb 2024
Sweden (%) -6.3 Dec 2023 quarterly Mar 1987 - Dec 2023
Switzerland (%) 0.1 Dec 2023 quarterly Mar 1971 - Dec 2023
Taiwan (%) 8.0 Dec 2023 quarterly Mar 2002 - Dec 2023
Thailand (%) 8.5 Sep 2021 monthly Mar 2009 - Sep 2021
Turkey (%) 68.0 Jan 2024 monthly Jan 2011 - Jan 2024
Ukraine (%) 17.0 Dec 2023 quarterly Mar 2017 - Dec 2023
United Kingdom (%) 1.6 Mar 2024 monthly Jan 1992 - Mar 2024
United States (%) 6.4 Dec 2023 quarterly Mar 1992 - Dec 2023

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North Macedonia Key Series

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Includes 243 key indicators for North Macedonia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.5 2022 yearly 1993 - 2022
Consolidated Fiscal Balance (USD mn) -604.501 2022 yearly 2009 - 2022
Tax Revenue (USD mn) 215.019 Feb 2024 monthly Jan 2004 - Feb 2024
Tax Revenue: % of GDP (%) 20.0 Dec 2023 quarterly Mar 2004 - Dec 2023
National Government Debt (USD mn) 8,026.8 Dec 2023 quarterly Dec 2009 - Dec 2023
Government Debt: % of GDP (%) 53.1 Dec 2023 quarterly Dec 2009 - Dec 2023
Forecast: Government Expenditure (MKD bn) 419.692 2028 yearly 1997 - 2028
Forecast: Government Net Debt (MKD bn) 613.520 2028 yearly 1999 - 2028
Forecast: Government Revenue (MKD bn) 387.138 2028 yearly 1997 - 2028
Central Government Budget: Revenue: TC: Tax: Excises (MKD mn) 2,057.000 Feb 2024 monthly Jan 2004 - Feb 2024
Central Government Budget: Revenue (MKD mn) 23,193.000 Feb 2024 monthly Jan 2004 - Feb 2024
Central Government Budget: Expenditure: Capital (MKD mn) 2,578.000 Feb 2024 monthly Jan 2004 - Feb 2024
Central Government Budget Balance (MKD mn) -5,666.000 Feb 2024 monthly Jan 2004 - Feb 2024
Central Government Budget: Expenditure: Current (MKD mn) 26,281.000 Feb 2024 monthly Jan 2004 - Feb 2024
Central Government Budget: Expenditure (MKD mn) 28,859.000 Feb 2024 monthly Jan 2004 - Feb 2024
Central Government Budget: Revenue: TC: Tax: VAT (MKD mn) 5,249.000 Feb 2024 monthly Jan 2004 - Feb 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.913 2028 yearly 1993 - 2028
Trade Balance (USD mn) -309.5 Feb 2024 monthly Dec 1993 - Feb 2024
Total Exports (USD mn) 709.7 Feb 2024 monthly Jan 2002 - Feb 2024
Total Exports Growth (%) 7.9 May 2023 monthly Jan 2003 - May 2023
Aluminum: Exports (USD th) 4,145.201 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 116,895.471 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 1,535.774 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,019.2 Feb 2024 monthly Jan 2002 - Feb 2024
Total Imports Growth (%) 3.8 Feb 2024 monthly Jan 2003 - Feb 2024
Imports: Medicament (USD th) 180,102.231 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 56,059.479 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 2.414 Feb 2024 monthly Jan 1999 - Feb 2024
Total Imports from USA (USD mn) 20.327 Feb 2024 monthly Jan 1993 - Feb 2024
Total Exports to China (USD mn) 3.778 Feb 2024 monthly Jan 1999 - Feb 2024
Total Imports from China (USD mn) 83.974 Feb 2024 monthly Aug 1996 - Feb 2024
Exports: ytd: SITC: Mineral Fuels and Lubricants (USD th) 36,125.741 Feb 2024 monthly Jan 2003 - Feb 2024
Exports: ytd: SITC: Manufactured Goods (USD th) 168,087.898 Feb 2024 monthly Jan 2003 - Feb 2024
Exports: ytd: SITC: Beverages and Tobacco (USD th) 25,666.594 Feb 2024 monthly Jan 2003 - Feb 2024
Exports: ytd: SITC: Food Products (USD th) 69,468.618 Feb 2024 monthly Jan 2003 - Feb 2024
Exports: ytd: SITC: Miscellaneous Manufactured Articles (USD th) 167,936.108 Feb 2024 monthly Jan 2003 - Feb 2024
Exports: USA (USD th) 2,414.193 Feb 2024 monthly Jan 2013 - Feb 2024
Exports: Kosovo (USD th) 32,113.757 Feb 2024 monthly Jan 2013 - Feb 2024
Exports: Germany (USD th) 300,371.007 Feb 2024 monthly Jan 2013 - Feb 2024
Exports: Czech Republic (USD th) 25,479.720 Feb 2024 monthly Jan 2013 - Feb 2024
Exports: Bulgaria (USD th) 33,914.427 Feb 2024 monthly Jan 2013 - Feb 2024
Imports: ytd: SITC: Machinery and Transport Equipment (USD th) 472,430.469 Feb 2024 monthly Jan 2003 - Feb 2024
Imports: ytd: SITC: Manufactured Goods (USD th) 549,441.814 Feb 2024 monthly Jan 2003 - Feb 2024
Imports: ytd: SITC: Mineral Fuels and Lubricants (USD th) 260,027.503 Feb 2024 monthly Jan 2003 - Feb 2024
Imports: ytd: SITC: Chemical Products (USD th) 222,040.862 Feb 2024 monthly Jan 2003 - Feb 2024
Imports: ytd: SITC: Food Products (USD th) 181,816.167 Feb 2024 monthly Jan 2003 - Feb 2024
Imports: USA (USD th) 20,326.768 Feb 2024 monthly Jan 2013 - Feb 2024
Imports: Greece (USD th) 93,099.952 Feb 2024 monthly Jan 2013 - Feb 2024
Imports: Great Britain (USD th) 110,021.067 Feb 2024 monthly Jan 2013 - Feb 2024
Imports: Germany (USD th) 113,035.441 Feb 2024 monthly Jan 2013 - Feb 2024
Imports: China (USD th) 83,974.121 Feb 2024 monthly Jan 2013 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -300.2 Dec 2023 monthly Jan 2001 - Dec 2023
Current Account Balance (USD mn) 108.9 Mar 2023 monthly Jan 2001 - Mar 2023
Current Account Balance: % of GDP (%) -3.0 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Direct Investment (USD mn) -187.1 Dec 2023 monthly Jan 2001 - Dec 2023
Foreign Direct Investment: % of GDP (%) -4.9 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment (USD mn) 25.072 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 0.6 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -0.4 Dec 2023 quarterly Mar 1996 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 25.501 Dec 2023 quarterly Mar 1998 - Dec 2023
External Debt (USD mn) 12,666.2 Dec 2023 quarterly Dec 2005 - Dec 2023
External Debt: % of GDP (%) 83.7 2022 yearly 2004 - 2022
External Debt: Short Term (USD mn) 3,213.6 Sep 2023 quarterly Dec 2005 - Sep 2023
External Debt: Short Term: % of GDP (%) 23.6 2022 yearly 2004 - 2022
Total Debt: % of GDP (%) 342.0 2023 yearly 2013 - 2023
Forecast: Current Account Balance (USD bn) -0.627 2028 yearly 1992 - 2028
Net International Investment Position (USD mn) -8,812.231 Sep 2023 quarterly Dec 2006 - Sep 2023
BoP: CA: SI: Debit (USD mn) 13.992 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: CA: Primary Income (PI) (USD mn) -68.684 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: CA: GS: Services (USD mn) 9.907 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) -130.976 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: CA: SI: Credit (USD mn) 264.135 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: CA: Credit (USD mn) 1,171.981 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: Net Errors & Omissions (USD mn) 22.099 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) 14.175 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: FA: Financial Derivatives & Employee Stock Options: excl Reserves (USD mn) 0.000 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: FA: Reserve Assets (USD mn) 618.114 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: CA: Debit (USD mn) 1,299.652 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: Capital Account (USD mn) -0.584 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 37.147 Dec 2023 monthly Jan 2001 - Dec 2023
Balance of Payments (BoP): Current Account (CA) (USD mn) -127.671 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: Capital Account: Credit (USD mn) 0.048 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) -300.194 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: FA: Portfolio Investment (PI) (USD mn) 22.972 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: CA: GS: Services: Credit (USD mn) 261.662 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: CA: Secondary Income (SI) (USD mn) 250.143 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: Financial Account (FA) (USD mn) -106.155 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: CA: PI: Credit (USD mn) 24.479 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: FA: Other Investment (OI) (USD mn) -634.156 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: CA: PI: Debit (USD mn) 93.163 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: CA: GS: Services: Debit (USD mn) 251.755 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: FA: Direct Investment (DI) (USD mn) -113.085 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: CA: GS: Goods (USD mn) -319.037 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: CA: GS: Goods: Debit (USD mn) 940.743 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: Capital Account: Debit (USD mn) 0.631 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) -187.109 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: CA: GS: Goods: Credit (USD mn) 621.706 Dec 2023 monthly Jan 2001 - Dec 2023
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 503.179 Dec 2023 monthly Jan 2001 - Dec 2023
Gross External Debt: GG: Long Term (LT) (EUR mn) 3,785.055 Dec 2023 quarterly Mar 2006 - Dec 2023
Gross External Debt: GG: Short Term (ST) (EUR mn) 0.000 Dec 2023 quarterly Mar 2006 - Dec 2023
Gross External Debt: MI: Private (EUR mn) 5,833.965 Sep 2023 quarterly Mar 2006 - Sep 2023
Gross External Debt: Memorandum Items (MI): Public (EUR mn) 5,238.126 Sep 2023 quarterly Mar 2006 - Sep 2023
Foreign Direct Investment (FDI): Flow (USD mn) 122.753 Dec 2023 monthly Jan 2007 - Dec 2023
FDI: Flow: NACE 2: Agriculture, Forestry & Fishing (EUR mn) 8.830 Dec 2023 quarterly Mar 2009 - Dec 2023
FDI: Flow: NACE 2: Mining & Quarrying (EUR mn) 21.134 Dec 2023 quarterly Mar 2009 - Dec 2023
FDI: Flow: NACE 2: Manufacturing (EUR mn) 277.122 Dec 2023 quarterly Mar 2009 - Dec 2023
FDI: Flow: NACE 2: Construction (EUR mn) -18.940 Dec 2023 quarterly Mar 2009 - Dec 2023
FDI: Flow: NACE 2: Services (EUR mn) 46.583 Dec 2023 quarterly Mar 2009 - Dec 2023
FDI: Flow: United States of America (EUR mn) 5.529 Dec 2023 quarterly Mar 2008 - Dec 2023
FDI: Flow: Austria (EUR mn) 47.266 Dec 2023 quarterly Mar 2008 - Dec 2023
FDI: Flow: Belgium (EUR mn) -3.933 Dec 2023 quarterly Mar 2008 - Dec 2023
FDI: Flow: Turkey (EUR mn) 36.655 Dec 2023 quarterly Mar 2008 - Dec 2023
FDI: Flow: United Kingdom (EUR mn) 228.422 Dec 2023 quarterly Mar 2008 - Dec 2023
No of Enterprises: New (Unit) 5,960.000 2021 yearly 2004 - 2021
No of Enterprises: Out of Business (Unit) 5,382.000 2020 yearly 2004 - 2020
No of Enterprises (Unit) 65,780.000 2021 yearly 2004 - 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.7 Sep 2023 quarterly Dec 2005 - Sep 2023
Household Debt: % of GDP (%) 27.3 Dec 2023 quarterly Mar 2003 - Dec 2023
Non-Performing Loans (USD mn) 209.282 Sep 2023 quarterly Dec 2005 - Sep 2023
Money Supply M1 (USD mn) 4,437.657 Feb 2024 monthly Jan 2003 - Feb 2024
Money Supply M2 (USD mn) 8,235.863 Feb 2024 monthly Jan 2003 - Feb 2024
M2 Growth (%) 6.3 Feb 2024 monthly Jan 2004 - Feb 2024
Reserve Requirement Ratio (%) 5.0 Mar 2024 monthly Jan 2004 - Mar 2024
Foreign Exchange Reserves (USD mn) 4,248.1 Feb 2024 monthly Dec 1993 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 30.203 Dec 2023 quarterly Dec 2000 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 4.2 Feb 2024 monthly Jan 2002 - Feb 2024
Gold Reserves (USD mn) 450.503 Feb 2024 monthly Dec 1992 - Feb 2024
Total Deposits (USD mn) 9,339.873 Feb 2024 monthly Jan 2003 - Feb 2024
Total Deposits Growth (%) 9.3 Feb 2024 monthly Jan 2004 - Feb 2024
Domestic Credit (USD mn) 8,949.0 Feb 2024 monthly Jan 2003 - Feb 2024
Domestic Credit Growth (%) 5.7 Feb 2024 monthly Jan 2004 - Feb 2024
Household Debt (USD mn) 4,031.3 Feb 2024 monthly Jan 2003 - Feb 2024
Total Loans (USD mn) 7,809.506 Feb 2024 monthly Jan 2003 - Feb 2024
Total Loans Growth (%) 6.55 Feb 2024 monthly Jan 2004 - Feb 2024
Private Debt: % of Nominal GDP (%) 52.40 Dec 2023 quarterly Mar 2009 - Dec 2023
Official Reserve Assets (EUR mn) 4,348.058 Feb 2024 monthly Jan 2005 - Feb 2024
Official Reserve Assets: Foreign Currency (EUR mn) 3,914.915 Jan 2024 monthly Jan 2005 - Jan 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022

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