Montenegro vs North Macedonia: Bank credit to bank deposits

Montenegro
93.1%
in 2021
North Macedonia
91.9%
in 2021
Montenegro rank
54th
North Macedonia rank
56th

Bank credit to bank deposits over time

  • Montenegro
  • North Macedonia
100200300400199320072021

How they compare

Montenegro currently reports 93.1% against 91.9% in North Macedonia, a difference of 1.2%.

The two have swapped places 3 times across 20 shared years of data; in 2002 it was North Macedonia ahead.

Montenegro ranks 54th and North Macedonia ranks 56th of 186 countries.

Montenegro has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Montenegro North Macedonia Difference Ahead
2000s 111.3% 82.9% 28.4% Montenegro
2010s 100.4% 98.4% 2.0% Montenegro
2020s 98.5% 92.7% 5.8% Montenegro

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank credit to bank deposits, Montenegro or North Macedonia?
Montenegro, at 93.1% against 91.9% in North Macedonia as of 2021.
What is the difference in bank credit to bank deposits between Montenegro and North Macedonia?
1.2%, with Montenegro ahead.
How many years of comparable data are there for Montenegro and North Macedonia?
20 years are reported by both, from 2002 to 2021.
How do Montenegro and North Macedonia rank globally for bank credit to bank deposits?
Montenegro ranks 54th and North Macedonia ranks 56th of 186 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Bank credit to bank deposits (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Montenegro vs North Macedonia: Bank credit to bank deposits. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 15 September 2026, from https://financial-sector.statizoid.com/compare/bank-credit-to-bank-deposits-percent/montenegro/north-macedonia/

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About this data

Indicator
Bank credit to bank deposits (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,567 data points, 1960–2021
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).