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 170 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.
Bank concentration (%) in North Macedonia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 79.6% | — |
| 2001 | 80.9% | +1.5% |
| 2002 | 79.2% | -2.0% |
| 2003 | 79.9% | +0.9% |
| 2004 | 79.8% | -0.1% |
| 2005 | 77.1% | -3.4% |
| 2006 | 75.2% | -2.4% |
| 2007 | 73.7% | -2.1% |
| 2008 | 72.8% | -1.2% |
| 2009 | 74.9% | +3.0% |
| 2010 | 73.2% | -2.3% |
| 2011 | 71.0% | -3.0% |
| 2012 | 68.2% | -3.9% |
| 2013 | 67.8% | -0.6% |
| 2014 | 66.7% | -1.6% |
| 2015 | 63.7% | -4.5% |
| 2016 | 62.6% | -1.8% |
| 2017 | 65.2% | +4.2% |
| 2018 | 62.0% | -4.8% |
| 2019 | 62.6% | +0.8% |
| 2020 | 73.4% | +17.3% |
| 2021 | 97.4% | +32.7% |
North Macedonia compared with similar countries
- North Macedonia's 97.4% is above the median for upper middle income countries, which is 70.5%, 1.4× the median. (48 countries reporting)
- North Macedonia's 97.4% is above the median for Europe & Central Asia, which is 68.9%, 1.4× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Bank concentration (%) in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +32.7% | 73.4% | 97.4% |
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (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 170 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.