Bank nonperforming loans to total gross loans in North Macedonia

North Macedonia: Bank nonperforming loans to total gross loans was 1.9% in 2025. ◆ Volatile

Latest (2025)
1.9%
Change on year
down 25.2%
World rank
117th
of 151 countries
All-time high
14.9%
in 2005
All-time low
1.9%
in 2025
Years of data
21
2005–2025

Bank nonperforming loans to total gross loans in North Macedonia, 2005–2025

0510152005201520252005: 14.9 %2006: 11.2 %2007: 7.5 %2008: 6.7 %2009: 8.9 %2010: 9 %2011: 9.5 %2012: 10.1 %2013: 10.9 %2014: 10.8 %2015: 10.3 %2016: 6.3 %2017: 6.1 %2018: 5 %2019: 4.6 %2020: 3.3 %2021: 3.1 %2022: 2.8 %2023: 2.7 %2024: 2.6 %2025: 1.9 %

Source: Financial Soundness Indicators, International Monetary Fund (IMF). Measured in %.

Analysis

North Macedonia recorded 1.9% for bank nonperforming loans to total gross loans in 2025. That is the lowest value across all 21 years on record.

The figure is down 25.2% on the previous year and down 81.2% over ten years.

Over the whole period, bank nonperforming loans to total gross loans in North Macedonia peaked at 14.9% in 2005 and was at its lowest, 1.9%, in 2025.

North Macedonia ranks 117th of 151 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Bank nonperforming loans to total gross loans in North Macedonia, year by year

Annual values for Bank nonperforming loans to total gross loans (%) in North Macedonia, 2005 to 2025.
Year % Change
2005 14.9%
2006 11.2% -24.7%
2007 7.5% -33.0%
2008 6.7% -10.6%
2009 8.9% +33.1%
2010 9.0% +1.2%
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%
2021 3.1% -4.0%
2022 2.8% -10.9%
2023 2.7% -4.4%
2024 2.6% -2.8%
2025 1.9% -25.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.9% 6.7% 14.9% 5
2010s 8.3% 4.6% 10.9% 10
2020s 2.7% 1.9% 3.3% 6

Countries ranked near North Macedonia

  1. 114 Malta 2.0% compare
  2. 115 Belgium 2.0% compare
  3. 116 Slovakia 2.0% compare
  4. 118 Indonesia 1.9% compare
  5. 119 Dominican Republic 1.7% compare
  6. 120 El Salvador 1.7% compare

See the full ranking of 151 places →

More financial sector data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is bank nonperforming loans to total gross loans in North Macedonia?
Bank nonperforming loans to total gross loans in North Macedonia was 1.9% in 2025, according to Financial Soundness Indicators, International Monetary Fund (IMF).
What is the highest bank nonperforming loans to total gross loans recorded in North Macedonia?
The highest recorded value was 14.9% in 2005.
What is the lowest bank nonperforming loans to total gross loans recorded in North Macedonia?
The lowest recorded value was 1.9% in 2025.
How does North Macedonia rank for bank nonperforming loans to total gross loans?
North Macedonia ranks 117th out of 151 countries with data for 2025.
Is bank nonperforming loans to total gross loans rising or falling in North Macedonia?
Over the last ten years it is down 81.2%. 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, International Monetary Fund (IMF), published as part of Bank nonperforming loans to total gross loans (%). Statizoid updates them automatically from the source API.

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Bank nonperforming loans to total gross loans in North Macedonia. Statizoid, drawing on Financial Soundness Indicators, International Monetary Fund (IMF). Retrieved 06 September 2026, from https://financial-sector.statizoid.com/stat/bank-nonperforming-loans-to-total-gross-loans-percent/north-macedonia/

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About this data

Indicator
Bank nonperforming loans to total gross loans (%)
Unit
%
Source
Financial Soundness Indicators, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 2,360 data points, 2000–2025
Last refreshed

The indicator measures the proportion of a deposit taker’s loan portfolio that is impaired or at risk of default. It is calculated as the ratio of non-performing loans (NPLs) to total gross loans, where NPLs are defined as loans that are past due by 90 days or more or are otherwise considered unlikely to be repaid in full without the realization of collateral. Both non-performing loans and total gross loans should be reported at their gross book value, without deducting for loan-loss provisions or collateral. This indicator provides a key measure of asset quality and potential credit risk in the banking system.