North Macedonia vs Togo: Bank Z-score

North Macedonia
9.52
in 2021
Togo
9.57
in 2019
North Macedonia rank
128th
Togo rank
126th

Bank Z-score over time

  • North Macedonia
  • Togo
57.51012.515200020102021

How they compare

Togo currently reports 9.57 against 9.52 in North Macedonia, a difference of 0.05.

The two have swapped places 3 times across 14 shared years of data; in 2005 it was Togo ahead.

North Macedonia ranks 128th and Togo ranks 126th of 170 countries.

Across the 2 decades both report, North Macedonia averaged higher in 1 and Togo in 1.

Head to head by decade

Decade North Macedonia Togo Difference Ahead
2000s 11.5 12.74 1.24 Togo
2010s 10.26 9.6 0.6626 North Macedonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank z-score, North Macedonia or Togo?
Togo, at 9.57 against 9.52 in North Macedonia as of 2019.
What is the difference in bank z-score between North Macedonia and Togo?
0.05, with Togo ahead.
How many years of comparable data are there for North Macedonia and Togo?
14 years are reported by both, from 2005 to 2019.
How do North Macedonia and Togo rank globally for bank z-score?
North Macedonia ranks 128th and Togo ranks 126th of 170 countries.
Where does this data come from?
Bankscope, Bureau van Dijk (BvD), published as Bank Z-score. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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North Macedonia vs Togo: Bank Z-score. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 23 August 2026, from https://financial-sector.statizoid.com/compare/bank-z-score/north-macedonia/togo/

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About this data

Indicator
Bank Z-score
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
170 places, 3,302 data points, 2000–2021
Last refreshed

It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.