Bank non-performing loans to gross loans (%) in North Macedonia
North Macedonia: Bank non-performing loans to gross loans (%) was 3.3% in 2020. ◆ Volatile
Bank non-performing loans to gross loans in North Macedonia, 1998–2020
Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.
Analysis
In 2020, bank non-performing loans to gross loans in North Macedonia stood at 3.3%. That is the lowest value across all 21 years on record.
Compared with earlier readings it is down 29.5% on the previous year and down 63.9% over ten years.
Over the whole period, bank non-performing loans to gross loans in North Macedonia peaked at 41.3% in 1999 and was at its lowest, 3.3%, in 2020.
That places North Macedonia 80th out of 141 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank non-performing loans to gross loans (%) in North Macedonia, year by year
| Year | % | Change |
|---|---|---|
| 1998 | 32.9% | — |
| 1999 | 41.3% | +25.5% |
| 2002 | 23.1% | -44.1% |
| 2003 | 22.4% | -3.0% |
| 2004 | 17.0% | -24.1% |
| 2005 | 15.0% | -11.8% |
| 2006 | 11.2% | -25.3% |
| 2007 | 7.5% | -33.0% |
| 2008 | 6.7% | -10.7% |
| 2009 | 8.9% | +32.8% |
| 2010 | 9.0% | +1.6% |
| 2011 | 9.5% | +5.3% |
| 2012 | 10.1% | +6.2% |
| 2013 | 10.9% | +8.2% |
| 2014 | 10.8% | -1.2% |
| 2015 | 10.3% | -4.5% |
| 2016 | 6.3% | -39.1% |
| 2017 | 6.1% | -3.0% |
| 2018 | 5.0% | -17.4% |
| 2019 | 4.6% | -8.2% |
| 2020 | 3.3% | -29.5% |
North Macedonia compared with similar countries
- North Macedonia's 3.3% is below the median for upper middle income countries, which is 4.3%, 76% of the median. (43 countries reporting)
- North Macedonia's 3.3% is above the median for Europe & Central Asia, which is 3.1%, 1.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37.1% | 32.9% | 41.3% | 2 |
| 2000s | 14.0% | 6.7% | 23.1% | 8 |
| 2010s | 8.3% | 4.6% | 10.9% | 10 |
| 2020s | 3.3% | 3.3% | 3.3% | 1 |
Countries ranked near North Macedonia
- 77 Ireland 3.5% compare
- 78 Philippines 3.5% compare
- 79 Seychelles 3.3% compare
- 81 Thailand 3.2% compare
- 82 Trinidad and Tobago 3.2% compare
- 83 Ecuador 3.2% 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 non-performing loans to gross loans in North Macedonia?
- Bank non-performing loans to gross loans in North Macedonia was 3.3% in 2020, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
- What is the highest bank non-performing loans to gross loans recorded in North Macedonia?
- The highest recorded value was 41.3% in 1999.
- What is the lowest bank non-performing loans to gross loans recorded in North Macedonia?
- The lowest recorded value was 3.3% in 2020.
- How does North Macedonia rank for bank non-performing loans to gross loans?
- North Macedonia ranks 80th out of 141 countries with data for 2020.
- Is bank non-performing loans to gross loans rising or falling in North Macedonia?
- Over the last ten years it is down 63.9%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Bank non-performing loans to gross loans (%). Statizoid updates them automatically from the source API.
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About this data
Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.