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

El Salvador
53.1%
in 2021
North Macedonia
53.7%
in 2021
El Salvador rank
79th
North Macedonia rank
77th

Private credit by deposit money banks to GDP over time

  • El Salvador
  • North Macedonia
2030405060196519932021

How they compare

North Macedonia currently reports 53.7% against 53.1% in El Salvador, a difference of 0.6%.

The two have swapped places 4 times across 29 shared years of data; in 1993 it was North Macedonia ahead.

El Salvador ranks 79th and North Macedonia ranks 77th of 187 countries.

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

Head to head by decade

Decade El Salvador North Macedonia Difference Ahead
1990s 38.6% 29.9% 8.7% El Salvador
2000s 48.2% 25.9% 22.3% El Salvador
2010s 47.9% 48.0% 0.1% North Macedonia
2020s 55.7% 54.2% 1.5% El Salvador

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, El Salvador or North Macedonia?
North Macedonia, at 53.7% against 53.1% in El Salvador as of 2021.
What is the difference in private credit by deposit money banks to gdp between El Salvador and North Macedonia?
0.6%, with North Macedonia ahead.
How many years of comparable data are there for El Salvador and North Macedonia?
29 years are reported by both, from 1993 to 2021.
How do El Salvador and North Macedonia rank globally for private credit by deposit money banks to gdp?
El Salvador ranks 79th 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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El Salvador vs North Macedonia: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/el-salvador/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).