North Macedonia

North Macedonia Engel Ratio

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Engel Ratio (%) / 2023 / Annual

Europe & Central Asia MKD %
Latest
31.00%
2023
Data Period
2000 – 2023
24 Data Points
All-time High
32.60%
All-time Low
26.80%
The share of household spending devoted to food, often used as a simple gauge of cost-of-living pressure and household flexibility.

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How to read Engel Ratio

Engel Ratio measures the share of household consumption spent on food. Higher readings usually imply a heavier burden from necessities and less room for discretionary spending.

Cross-country levels reflect income differences and price structures, so trend direction often matters more than the level alone.

It becomes more informative when paired with food inflation, real wages and total household consumption.

Last updated: 2023