Getting electricity: Price of electricity (US cents per kWh) in North Macedonia
North Macedonia: Getting electricity: Price of electricity (US cents per kWh) was 15.5 DB16-20 methodology in 2019. ▼ Falling
Getting electricity: Price of electricity (US cents per kWh) in North Macedonia, 2014–2019
Source: World Bank. Measured in DB16-20 methodology.
Analysis
In 2019, getting electricity: price of electricity (us cents per kwh) in North Macedonia stood at 15.5 DB16-20 methodology.
Compared with earlier readings it is up 21.1% on the previous year and down 15.8% over ten years.
That places North Macedonia 95th out of 187 countries with data for 2019, putting it in the middle of the range.
Getting electricity: Price of electricity (US cents per kWh) in North Macedonia, year by year
| Year | DB16-20 methodology | Change |
|---|---|---|
| 2014 | 18.4 DB16-20 methodology | — |
| 2015 | 18.2 DB16-20 methodology | -1.1% |
| 2016 | 17 DB16-20 methodology | -6.6% |
| 2017 | 13.4 DB16-20 methodology | -21.2% |
| 2018 | 12.8 DB16-20 methodology | -4.5% |
| 2019 | 15.5 DB16-20 methodology | +21.1% |
Countries ranked near North Macedonia
- 92 Hong Kong, China 16.1 DB16-20 methodology compare
- 92 South Africa 16.1 DB16-20 methodology compare
- 94 Slovakia 15.6 DB16-20 methodology compare
- 95 San Marino 15.5 DB16-20 methodology compare
- 97 Namibia 15.1 DB16-20 methodology compare
- 98 Belarus 14.7 DB16-20 methodology compare
More private sector data for North Macedonia
- Merchandise trade 115.8% (2025)
- Food imports 11.7% (2024)
- Manufactures imports 64.5% (2024)
- Merchandise imports 13.06 billion current US$ (2025)
- Food exports 10.6% (2024)
- Manufactures exports 80.6% (2024)
- Merchandise exports 9.06 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,973 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4741 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.53 % change on previous year (2025)
Frequently asked questions
- What is getting electricity: price of electricity (us cents per kwh) in North Macedonia?
- Getting electricity: price of electricity (us cents per kwh) in North Macedonia was 15.5 DB16-20 methodology in 2019, according to the World Bank.
- What is the highest getting electricity: price of electricity (us cents per kwh) recorded in North Macedonia?
- The highest recorded value was 18.4 DB16-20 methodology in 2014.
- What is the lowest getting electricity: price of electricity (us cents per kwh) recorded in North Macedonia?
- The lowest recorded value was 12.8 DB16-20 methodology in 2018.
- How does North Macedonia rank for getting electricity: price of electricity (us cents per kwh)?
- North Macedonia ranks 95th out of 187 countries with data for 2019.
- Is getting electricity: price of electricity (us cents per kwh) rising or falling in North Macedonia?
- Over the last ten years it is down 15.8%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from the World Bank, published as part of Getting electricity: Price of electricity (US cents per kWh) (DB16-20 methodology). Statizoid updates them automatically from the source API.
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About this data
The price of electricity is measured in U.S. cents per kWh. A monthly electricity consumption is assumed, for which a bill is then computed for a warehouse based in the largest business city of the economy for the month of March. The bill is then expressed back as a unit of kWh. The index is computed based on the methodology in the DB16-20 studies.