Montenegro vs North Macedonia: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Montenegro
- North Macedonia
How they compare
North Macedonia currently reports 53.7% against 52.7% in Montenegro, a difference of 1.0%.
The two have swapped places 6 times across 20 shared years of data; in 2002 it was North Macedonia ahead.
Montenegro ranks 80th and North Macedonia ranks 77th of 187 countries.
Montenegro has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Montenegro | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 41.3% | 28.2% | 13.0% | Montenegro |
| 2010s | 52.6% | 48.0% | 4.6% | Montenegro |
| 2020s | 56.4% | 54.2% | 2.1% | Montenegro |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Montenegro or North Macedonia?
- North Macedonia, at 53.7% against 52.7% in Montenegro as of 2021.
- What is the difference in private credit by deposit money banks to gdp between Montenegro and North Macedonia?
- 1.0%, with North Macedonia ahead.
- How many years of comparable data are there for Montenegro and North Macedonia?
- 20 years are reported by both, from 2002 to 2021.
- How do Montenegro and North Macedonia rank globally for private credit by deposit money banks to gdp?
- Montenegro ranks 80th 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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About this data
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).