Croatia vs North Macedonia: Private credit by deposit money banks to GDP

Croatia
54.0%
in 2021
North Macedonia
53.7%
in 2021
Croatia rank
76th
North Macedonia rank
77th

Private credit by deposit money banks to GDP over time

  • Croatia
  • North Macedonia
204060199320072021

How they compare

Croatia currently reports 54.0% against 53.7% in North Macedonia, a difference of 0.3%.

The two have swapped places 2 times across 27 shared years of data; in 1995 it was Croatia ahead.

Croatia ranks 76th and North Macedonia ranks 77th of 187 countries.

Croatia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Croatia North Macedonia Difference Ahead
1990s 29.4% 22.0% 7.4% Croatia
2000s 50.2% 25.9% 24.3% Croatia
2010s 63.0% 48.0% 15.0% Croatia
2020s 56.9% 54.2% 2.6% Croatia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Croatia or North Macedonia?
Croatia, at 54.0% against 53.7% in North Macedonia as of 2021.
What is the difference in private credit by deposit money banks to gdp between Croatia and North Macedonia?
0.3%, with Croatia ahead.
How many years of comparable data are there for Croatia and North Macedonia?
27 years are reported by both, from 1995 to 2021.
How do Croatia and North Macedonia rank globally for private credit by deposit money banks to gdp?
Croatia ranks 76th and North Macedonia ranks 77th of 187 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Private credit by deposit money banks to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Croatia vs North Macedonia: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/croatia/north-macedonia/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).