Iceland vs North Macedonia: Currency in circulation outside of depository corporations

Iceland
63.37 billion Domestic currency
in 2024
North Macedonia
56.23 billion Domestic currency
in 2024
Iceland rank
86th
North Macedonia rank
88th

Currency in circulation outside of depository corporations over time

  • Iceland
  • North Macedonia
020.0B40.0B60.0B80.0B200120122024

How they compare

Iceland currently reports 63.37 billion Domestic currency against 56.23 billion Domestic currency in North Macedonia, a difference of 7.15 billion Domestic currency.

That makes Iceland's figure about 1.1 times North Macedonia's.

The two have swapped places 1 time across 22 shared years of data; in 2003 it was North Macedonia ahead.

Iceland ranks 86th and North Macedonia ranks 88th of 145 countries.

Across the 3 decades both report, Iceland averaged higher in 2 and North Macedonia in 1.

Head to head by decade

Decade Iceland North Macedonia Difference Ahead
2000s 14.00 billion Domestic currency 15.81 billion Domestic currency 1.81 billion Domestic currency North Macedonia
2010s 49.59 billion Domestic currency 25.31 billion Domestic currency 24.28 billion Domestic currency Iceland
2020s 70.36 billion Domestic currency 48.38 billion Domestic currency 21.98 billion Domestic currency Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher currency in circulation outside of depository corporations, Iceland or North Macedonia?
Iceland, at 63.37 billion Domestic currency against 56.23 billion Domestic currency in North Macedonia as of 2024.
What is the difference in currency in circulation outside of depository corporations between Iceland and North Macedonia?
7.15 billion Domestic currency, with Iceland ahead.
How many years of comparable data are there for Iceland and North Macedonia?
22 years are reported by both, from 2003 to 2024.
How do Iceland and North Macedonia rank globally for currency in circulation outside of depository corporations?
Iceland ranks 86th and North Macedonia ranks 88th of 145 countries.
Where does this data come from?
International Monetary Fund, published as Currency in circulation outside of depository corporations (Domestic currency). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs North Macedonia: Currency in circulation outside of depository corporations. Statizoid, drawing on International Monetary Fund. Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/currency-in-circulation-outside-of-depository-corporations-domestic-currency-2/iceland/north-macedonia/

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About this data

Indicator
Currency in circulation outside of depository corporations (Domestic currency)
Unit
Domestic currency
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
147 places, 3,271 data points, 1997–2025
Last refreshed

Monetary and Financial Statistics (MFS), Monetary Aggregates 2026 April