Armenia vs North Macedonia: Domestic credit provided by financial sector
Domestic credit provided by financial sector over time
- Armenia
- North Macedonia
How they compare
Armenia currently reports 83.0% against 79.4% in North Macedonia, a difference of 3.6%.
The two have swapped places 3 times across 14 shared years of data; in 2012 it was North Macedonia ahead.
Armenia ranks 19th and North Macedonia ranks 21st of 65 countries.
Across the 2 decades both report, Armenia averaged higher in 1 and North Macedonia in 1.
Head to head by decade
| Decade | Armenia | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 53.1% | 57.8% | 4.7% | North Macedonia |
| 2020s | 75.5% | 73.4% | 2.1% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit provided by financial sector, Armenia or North Macedonia?
- Armenia, at 83.0% against 79.4% in North Macedonia as of 2025.
- What is the difference in domestic credit provided by financial sector between Armenia and North Macedonia?
- 3.6%, with Armenia ahead.
- How many years of comparable data are there for Armenia and North Macedonia?
- 14 years are reported by both, from 2012 to 2025.
- How do Armenia and North Macedonia rank globally for domestic credit provided by financial sector?
- Armenia ranks 19th and North Macedonia ranks 21st of 65 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit provided by financial sector (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.