Bank concentration in North Macedonia
North Macedonia: Bank concentration was 97.4% in 2021. ▼ Falling
Bank concentration in North Macedonia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank concentration in North Macedonia is 97.4%, measured in 2021. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 32.7% on the previous year and up 37.2% over ten years.
Over the whole period, bank concentration in North Macedonia peaked at 97.4% in 2021 and was at its lowest, 62.0%, in 2018.
That places North Macedonia 24th out of 169 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 77.3% | 72.8% | 80.9% | 10 |
| 2010s | 66.3% | 62.0% | 73.2% | 10 |
| 2020s | 85.4% | 73.4% | 97.4% | 2 |
Countries ranked near North Macedonia
More financial sector data for North Macedonia
- Domestic credit to private sector by banks 53.3% (2025)
- Total reserves in months of imports 4.57 (2025)
- Net domestic credit 655.53 billion current LCU (2025)
- Net foreign assets 276.97 billion current LCU (2025)
- Monetary Sector credit to private sector 53.4% (2025)
- Broad money 60.5% (2024)
- Claims on central government, etc. 22.2% (2025)
- Domestic credit to private sector 56.3% (2025)
- Official exchange rate 54.66 LCU per US$, period average (2025)
- Net migration -5,645 (2025)
Frequently asked questions
- What is bank concentration in North Macedonia?
- Bank concentration in North Macedonia was 97.4% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in North Macedonia?
- The highest recorded value was 97.4% in 2021.
- What is the lowest bank concentration recorded in North Macedonia?
- The lowest recorded value was 62.0% in 2018.
- How does North Macedonia rank for bank concentration?
- North Macedonia ranks 24th out of 169 countries with data for 2021.
- Is bank concentration rising or falling in North Macedonia?
- Over the last ten years it is up 37.2%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.