Bank credit to bank deposits in North Macedonia
North Macedonia: Bank credit to bank deposits was 91.9% in 2021. ◆ Volatile
Bank credit to bank deposits in North Macedonia, 1993–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank credit to bank deposits in North Macedonia is 91.9%, measured in 2021.
The figure is down 1.8% on the previous year and down 3.9% over ten years.
Over the whole period, bank credit to bank deposits in North Macedonia peaked at 448.4% in 1994 and was at its lowest, 68.2%, in 2001.
North Macedonia ranks 56th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank credit to bank deposits in North Macedonia, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 85.6% | — |
| 1994 | 448.4% | +423.6% |
| 1995 | 280.2% | -37.5% |
| 1996 | 346.7% | +23.7% |
| 1997 | 284.6% | -17.9% |
| 1998 | 165.1% | -42.0% |
| 1999 | 154.1% | -6.7% |
| 2000 | 119.8% | -22.2% |
| 2001 | 68.2% | -43.1% |
| 2002 | 79.3% | +16.3% |
| 2003 | 71.8% | -9.4% |
| 2004 | 74.3% | +3.5% |
| 2005 | 76.5% | +2.9% |
| 2006 | 78.7% | +2.9% |
| 2007 | 82.7% | +5.2% |
| 2008 | 98.7% | +19.3% |
| 2009 | 101.3% | +2.6% |
| 2010 | 95.9% | -5.3% |
| 2011 | 95.6% | -0.3% |
| 2012 | 97.3% | +1.8% |
| 2013 | 100.3% | +3.1% |
| 2014 | 101.5% | +1.2% |
| 2015 | 103.7% | +2.2% |
| 2016 | 98.4% | -5.1% |
| 2017 | 98.9% | +0.4% |
| 2018 | 97.1% | -1.8% |
| 2019 | 95.3% | -1.8% |
| 2020 | 93.5% | -1.9% |
| 2021 | 91.9% | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 252.1% | 85.6% | 448.4% | 7 |
| 2000s | 85.1% | 68.2% | 119.8% | 10 |
| 2010s | 98.4% | 95.3% | 103.7% | 10 |
| 2020s | 92.7% | 91.9% | 93.5% | 2 |
Countries ranked near North Macedonia
- 53 Netherlands 93.1% compare
- 54 Montenegro 93.1% compare
- 55 El Salvador 92.2% compare
- 57 Belarus 91.5% compare
- 58 Fiji 91.2% compare
- 59 Dominican Republic 91.1% compare
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 credit to bank deposits in North Macedonia?
- Bank credit to bank deposits in North Macedonia was 91.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in North Macedonia?
- The highest recorded value was 448.4% in 1994.
- What is the lowest bank credit to bank deposits recorded in North Macedonia?
- The lowest recorded value was 68.2% in 2001.
- How does North Macedonia rank for bank credit to bank deposits?
- North Macedonia ranks 56th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in North Macedonia?
- Over the last ten years it is down 3.9%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).