Stock price volatility in North Macedonia
North Macedonia: Stock price volatility was 18.36 in 2021. ▼ Falling
Stock price volatility in North Macedonia, 2008–2021
Source: Bloomberg.
Analysis
North Macedonia recorded 18.36 for stock price volatility in 2021.
That represents a change of up 15.1% over ten years.
Over the whole period, stock price volatility in North Macedonia peaked at 26.23 in 2009 and was at its lowest, 11.04, in 2012.
That places North Macedonia 49th out of 86 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Stock price volatility in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 22.52 | — |
| 2009 | 26.23 | +16.5% |
| 2010 | 24.81 | -5.4% |
| 2011 | 15.95 | -35.7% |
| 2012 | 11.04 | -30.8% |
| 2013 | 15.65 | +41.8% |
| 2014 | 17.93 | +14.5% |
| 2015 | 18.36 | +2.4% |
| 2016 | 18.36 | +0.0% |
| 2017 | 18.36 | +0.0% |
| 2018 | 18.36 | +0.0% |
| 2019 | 18.36 | +0.0% |
| 2020 | 18.36 | +0.0% |
| 2021 | 18.36 | +0.0% |
North Macedonia compared with similar countries
- North Macedonia's 18.36 is below the median for upper middle income countries, which is 18.95, 97% of the median. (24 countries reporting)
- North Macedonia's 18.36 is below the median for Europe & Central Asia, which is 20.73, 89% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Stock price volatility in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +41.8% | 11.04 | 15.65 |
| 2011 | -35.7% | 24.81 | 15.95 |
| 2012 | -30.8% | 15.95 | 11.04 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.38 | 22.52 | 26.23 | 2 |
| 2010s | 17.72 | 11.04 | 24.81 | 10 |
| 2020s | 18.36 | 18.36 | 18.36 | 2 |
Countries ranked near North Macedonia
More financial sector data for North Macedonia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is stock price volatility in North Macedonia?
- Stock price volatility in North Macedonia was 18.36 in 2021, according to Bloomberg.
- What is the highest stock price volatility recorded in North Macedonia?
- The highest recorded value was 26.23 in 2009.
- What is the lowest stock price volatility recorded in North Macedonia?
- The lowest recorded value was 11.04 in 2012.
- How does North Macedonia rank for stock price volatility?
- North Macedonia ranks 49th out of 86 countries with data for 2021.
- Is stock price volatility rising or falling in North Macedonia?
- Over the last ten years it is up 15.1%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from Bloomberg, published as part of Stock price volatility. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Stock price volatility is the average of the 360-day volatility of the national stock market index.