Palma ratio in North Macedonia

North Macedonia: Palma ratio was 1.26 in 2019. ▼ Falling

Latest (2019)
1.26
Change on year
up 1.9%
World rank
75th
of 120 countries
All-time high
2.15
in 2009
All-time low
1.24
in 2018
Years of data
11
2009–2019

Palma ratio in North Macedonia, 2009–2019

00.511.522009201420192009: 2.22010: 1.82011: 1.82012: 1.72013: 1.52014: 1.42015: 1.42016: 1.42017: 1.32018: 1.22019: 1.3

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

In 2019, palma ratio in North Macedonia stood at 1.26.

That represents a change of up 1.9% on the previous year and down 41.4% over ten years.

Over the whole period, palma ratio in North Macedonia peaked at 2.15 in 2009 and was at its lowest, 1.24, in 2018.

North Macedonia ranks 75th of 120 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 11 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.15 2.15 2.15 1
2010s 1.47 1.24 1.85 10

Countries ranked near North Macedonia

  1. 72 Thailand 1.31 compare
  2. 73 Spain 1.28 compare
  3. 74 South Korea 1.27 compare
  4. 76 Serbia 1.26 compare
  5. 77 United Kingdom 1.25 compare
  6. 78 Cyprus 1.24 compare

See the full ranking of 120 places →

More reference data data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is palma ratio in North Macedonia?
Palma ratio in North Macedonia was 1.26 in 2019, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in North Macedonia?
The highest recorded value was 2.15 in 2009.
What is the lowest palma ratio recorded in North Macedonia?
The lowest recorded value was 1.24 in 2018.
How does North Macedonia rank for palma ratio?
North Macedonia ranks 75th out of 120 countries with data for 2019.
Is palma ratio rising or falling in North Macedonia?
Over the last ten years it is down 41.4%. The long-run trend across the full record is falling.
Where does this North Macedonia data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.