North Macedonia vs. Serbia

H2 2025 · incl. all taxes · Consumption band: 1,000–2,500 kWh/year

MK · North Macedonia

12.81ct/kWh

RS · Serbia

12.47ct/kWh

Serbia is 2.7% cheaper than North Macedonia — EU avg: 25.63 ct/kWh

Electricity in North Macedonia costs 12.81 ct/kWh compared to 12.47 ct/kWh in Serbia — a difference of 0.34 ct/kWh (2.7%).

A household consuming 3,500 kWh per year would pay approximately €12 more annually in North Macedonia than in Serbia.

Looking at the historical trend: in North Macedonia, the price has changed from 10.33 ct/kWh to 12.81 ct/kWh over the past three years (+24.0%), while in Serbia it went from 10.28 ct/kWh to 12.47 ct/kWh (+21.3%). The price gap between the two countries has remained relatively stable during this period.

Price History

Period	North Macedonia	Serbia	Δ
H2 2025	12.81 ct/kWh	12.47 ct/kWh	+0.34 ct
H1 2025	12.87 ct/kWh	12.71 ct/kWh	+0.16 ct
H2 2024	12.71 ct/kWh	12.60 ct/kWh	+0.11 ct
H1 2024	11.47 ct/kWh	12.39 ct/kWh	-0.92 ct
H2 2023	11.62 ct/kWh	12.05 ct/kWh	-0.43 ct
H1 2023	10.54 ct/kWh	11.36 ct/kWh	-0.82 ct
H2 2022	10.33 ct/kWh	10.28 ct/kWh	+0.05 ct
H1 2022	9.46 ct/kWh	9.73 ct/kWh	-0.27 ct
H2 2021	8.45 ct/kWh	9.68 ct/kWh	-1.23 ct
H1 2021	8.48 ct/kWh	9.30 ct/kWh	-0.82 ct
H2 2020	8.37 ct/kWh	8.49 ct/kWh	-0.12 ct
H1 2020	7.91 ct/kWh	8.63 ct/kWh	-0.72 ct
H2 2019	7.95 ct/kWh	8.33 ct/kWh	-0.38 ct
H1 2019	7.93 ct/kWh	8.27 ct/kWh	-0.34 ct
H2 2018	7.95 ct/kWh	8.20 ct/kWh	-0.25 ct
H1 2018	7.93 ct/kWh	8.25 ct/kWh	-0.32 ct
H2 2017	8.20 ct/kWh	8.05 ct/kWh	+0.15 ct
H1 2017	8.28 ct/kWh	7.76 ct/kWh	+0.52 ct
H2 2016	8.34 ct/kWh	7.59 ct/kWh	+0.75 ct
H1 2016	8.28 ct/kWh	7.50 ct/kWh	+0.78 ct
H2 2015	8.37 ct/kWh	7.46 ct/kWh	+0.91 ct
H1 2015	8.39 ct/kWh	6.10 ct/kWh	+2.29 ct
H2 2014	8.25 ct/kWh	7.12 ct/kWh	+1.13 ct
H1 2014	8.00 ct/kWh	6.58 ct/kWh	+1.42 ct
H2 2013	8.00 ct/kWh	7.06 ct/kWh	+0.94 ct
H1 2013	8.23 ct/kWh	6.73 ct/kWh	+1.50 ct
H2 2012	7.91 ct/kWh	—	—

Source: Eurostat (nrg_pc_204)