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

North Macedonia
53.7%
in 2021
Saudi Arabia
54.0%
in 2017
North Macedonia rank
77th
Saudi Arabia rank
75th

Private credit by deposit money banks to GDP over time

  • North Macedonia
  • Saudi Arabia
0204060196819942021

How they compare

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

The two have swapped places 7 times across 25 shared years of data; in 1993 it was North Macedonia ahead.

North Macedonia ranks 77th and Saudi Arabia ranks 75th of 187 countries.

Across the 3 decades both report, North Macedonia averaged higher in 2 and Saudi Arabia in 1.

Head to head by decade

Decade North Macedonia Saudi Arabia Difference Ahead
1990s 29.9% 23.4% 6.5% North Macedonia
2000s 25.9% 33.0% 7.1% Saudi Arabia
2010s 47.7% 45.3% 2.4% North Macedonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, North Macedonia or Saudi Arabia?
Saudi Arabia, at 54.0% against 53.7% in North Macedonia as of 2017.
What is the difference in private credit by deposit money banks to gdp between North Macedonia and Saudi Arabia?
0.3%, with Saudi Arabia ahead.
How many years of comparable data are there for North Macedonia and Saudi Arabia?
25 years are reported by both, from 1993 to 2017.
How do North Macedonia and Saudi Arabia rank globally for private credit by deposit money banks to gdp?
North Macedonia ranks 77th and Saudi Arabia ranks 75th 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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North Macedonia vs Saudi Arabia: 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/north-macedonia/saudi-arabia/

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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).