Bank lending-deposit spread in North Macedonia
North Macedonia: Bank lending-deposit spread was 3.72 in 2020. ▼ Falling
Bank lending-deposit spread in North Macedonia, 2005–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF).
Analysis
North Macedonia recorded 3.72 for bank lending-deposit spread in 2020.
That represents a change of down 0.5% on the previous year and up 15.2% over ten years.
Over the whole period, bank lending-deposit spread in North Macedonia peaked at 7.02 in 2005 and was at its lowest, 3.23, in 2010.
North Macedonia ranks 83rd of 124 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Bank lending-deposit spread in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 7.02 | — |
| 2006 | 6.84 | -2.5% |
| 2007 | 5.47 | -20.0% |
| 2008 | 4.05 | -26.1% |
| 2009 | 3.4 | -16.1% |
| 2010 | 3.23 | -4.9% |
| 2011 | 3.51 | +8.8% |
| 2012 | 3.9 | +10.9% |
| 2013 | 4.04 | +3.7% |
| 2014 | 4.05 | +0.2% |
| 2015 | 4.56 | +12.4% |
| 2016 | 4.51 | -0.9% |
| 2017 | 4.39 | -2.7% |
| 2018 | 4.07 | -7.4% |
| 2019 | 3.74 | -8.1% |
| 2020 | 3.72 | -0.5% |
North Macedonia compared with similar countries
- North Macedonia's 3.72 is below the median for upper middle income countries, which is 5.5, 68% of the median. (45 countries reporting)
- North Macedonia's 3.72 is above the median for Europe & Central Asia, which is 3.5, 1.1× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.36 | 3.4 | 7.02 | 5 |
| 2010s | 4 | 3.23 | 4.56 | 10 |
| 2020s | 3.72 | 3.72 | 3.72 | 1 |
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 lending-deposit spread in North Macedonia?
- Bank lending-deposit spread in North Macedonia was 3.72 in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank lending-deposit spread recorded in North Macedonia?
- The highest recorded value was 7.02 in 2005.
- What is the lowest bank lending-deposit spread recorded in North Macedonia?
- The lowest recorded value was 3.23 in 2010.
- How does North Macedonia rank for bank lending-deposit spread?
- North Macedonia ranks 83rd out of 124 countries with data for 2020.
- Is bank lending-deposit spread rising or falling in North Macedonia?
- Over the last ten years it is up 15.2%. The long-run trend across the full record is falling.
- 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 lending-deposit spread. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Difference between lending rate and deposit rate. Lending rate is the rate charged by banks on loans to the private sector and deposit interest rate is the rate offered by commercial banks on three-month deposits. IFS line 60P - line 60L.