Bank cost to income ratio in North Macedonia
North Macedonia: Bank cost to income ratio was 48.5% in 2021. ▼ Falling
Bank cost to income ratio in North Macedonia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank cost to income ratio in North Macedonia stood at 48.5%.
The figure is up 4.5% on the previous year and down 25.9% over ten years.
Over the whole period, bank cost to income ratio in North Macedonia peaked at 66.9% in 2003 and was at its lowest, 45.6%, in 2018.
That places North Macedonia 123rd out of 169 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Bank cost to income ratio in North Macedonia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 57.2% | — |
| 2001 | 58.5% | +2.3% |
| 2002 | 64.0% | +9.3% |
| 2003 | 66.9% | +4.5% |
| 2004 | 61.7% | -7.8% |
| 2005 | 54.4% | -11.7% |
| 2006 | 54.9% | +0.8% |
| 2007 | 51.5% | -6.2% |
| 2008 | 55.0% | +6.9% |
| 2009 | 61.4% | +11.5% |
| 2010 | 63.5% | +3.5% |
| 2011 | 65.6% | +3.2% |
| 2012 | 63.8% | -2.6% |
| 2013 | 58.7% | -8.1% |
| 2014 | 55.6% | -5.3% |
| 2015 | 51.0% | -8.3% |
| 2016 | 47.7% | -6.6% |
| 2017 | 46.4% | -2.6% |
| 2018 | 45.6% | -1.8% |
| 2019 | 48.6% | +6.7% |
| 2020 | 46.5% | -4.4% |
| 2021 | 48.5% | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 58.5% | 51.5% | 66.9% | 10 |
| 2010s | 54.6% | 45.6% | 65.6% | 10 |
| 2020s | 47.5% | 46.5% | 48.5% | 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 cost to income ratio in North Macedonia?
- Bank cost to income ratio in North Macedonia was 48.5% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in North Macedonia?
- The highest recorded value was 66.9% in 2003.
- What is the lowest bank cost to income ratio recorded in North Macedonia?
- The lowest recorded value was 45.6% in 2018.
- How does North Macedonia rank for bank cost to income ratio?
- North Macedonia ranks 123rd out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in North Macedonia?
- Over the last ten years it is down 25.9%. 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 cost to income ratio (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.