North Macedonia vs. Serbia

H1 2026 · incl. all taxes · Consumption band: 2,500–5,000 kWh/year

North Macedonia is 2.4% cheaper than Serbia — EU avg: 25.03 ct/kWh

Electricity in North Macedonia costs 11.68 ct/kWh compared to 11.97 ct/kWh in Serbia — a difference of 0.29 ct/kWh (2.4%).

A household consuming 3,500 kWh per year would pay approximately €10 less annually in Serbia than in North Macedonia.

Looking at the historical trend: in North Macedonia, the price has changed from 10.53 ct/kWh to 11.68 ct/kWh over the past three years (+10.9%), while in Serbia it went from 9.64 ct/kWh to 11.97 ct/kWh (+24.2%). The price gap between the two countries has narrowed during this period.

Price History

Price History

PeriodNorth MacedoniaSerbia
H1 202611.68 ct/kWh11.97 ct/kWh
H2 202511.61 ct/kWh11.90 ct/kWh
H1 202511.44 ct/kWh11.02 ct/kWh
H2 202411.50 ct/kWh11.08 ct/kWh
H1 202410.38 ct/kWh10.82 ct/kWh
H2 202311.59 ct/kWh10.46 ct/kWh
H1 202310.53 ct/kWh9.64 ct/kWh
H2 202210.30 ct/kWh8.69 ct/kWh
H1 20229.40 ct/kWh8.08 ct/kWh
H2 20218.40 ct/kWh8.11 ct/kWh
H1 20218.41 ct/kWh7.91 ct/kWh
H2 20208.33 ct/kWh7.37 ct/kWh
H1 20207.82 ct/kWh7.38 ct/kWh
H2 20197.90 ct/kWh7.21 ct/kWh
H1 20197.83 ct/kWh7.06 ct/kWh
H2 20187.87 ct/kWh7.09 ct/kWh
H1 20187.81 ct/kWh7.05 ct/kWh
H2 20178.11 ct/kWh6.95 ct/kWh
H1 20178.20 ct/kWh6.64 ct/kWh
H2 20168.28 ct/kWh6.54 ct/kWh
H1 20168.22 ct/kWh6.41 ct/kWh
H2 20158.35 ct/kWh6.45 ct/kWh
H1 20158.26 ct/kWh5.75 ct/kWh
H2 20148.23 ct/kWh5.96 ct/kWh
H1 20147.85 ct/kWh6.07 ct/kWh
H2 20137.80 ct/kWh6.08 ct/kWh
H1 20138.10 ct/kWh5.64 ct/kWh
H2 20127.91 ct/kWh—

Source: Eurostat (nrg_pc_204)