Cape Verde vs North Macedonia: Domestic credit to private sector by banks

Cape Verde
53.4%
in 2025
North Macedonia
53.3%
in 2025
Cape Verde rank
67th
North Macedonia rank
68th

Domestic credit to private sector by banks over time

  • Cape Verde
  • North Macedonia
0204060198020022025

How they compare

Cape Verde currently reports 53.4% against 53.3% in North Macedonia, a difference of 0.1%.

The two have swapped places 3 times across 33 shared years of data; in 1993 it was North Macedonia ahead.

Cape Verde ranks 67th and North Macedonia ranks 68th of 187 countries.

Across the 4 decades both report, Cape Verde averaged higher in 3 and North Macedonia in 1.

Head to head by decade

Decade Cape Verde North Macedonia Difference Ahead
1990s 25.9% 29.9% 4.0% North Macedonia
2000s 39.2% 25.9% 13.2% Cape Verde
2010s 55.8% 48.0% 7.9% Cape Verde
2020s 59.2% 52.1% 7.0% Cape Verde

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector by banks, Cape Verde or North Macedonia?
Cape Verde, at 53.4% against 53.3% in North Macedonia as of 2025.
What is the difference in domestic credit to private sector by banks between Cape Verde and North Macedonia?
0.1%, with Cape Verde ahead.
How many years of comparable data are there for Cape Verde and North Macedonia?
33 years are reported by both, from 1993 to 2025.
How do Cape Verde and North Macedonia rank globally for domestic credit to private sector by banks?
Cape Verde ranks 67th and North Macedonia ranks 68th of 187 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector by banks (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cape Verde vs North Macedonia: Domestic credit to private sector by banks. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-to-private-sector-by-banks-percent-of-gdp/cabo-verde/north-macedonia/

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About this data

Indicator
Domestic credit to private sector by banks (% of GDP)
Unit
% of GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,621 data points, 1960–2025
Last refreshed

Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. 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.