Bank return on equity in North Macedonia
North Macedonia: Bank return on equity was 7.1% in 2021. ◆ Volatile
Bank return on equity in North Macedonia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, after tax.
Analysis
In 2021, bank return on equity in North Macedonia stood at 7.1%.
Compared with earlier readings it is down 28.6% on the previous year and up 115.6% over ten years.
Over the whole period, bank return on equity in North Macedonia peaked at 16.5% in 2007 and was at its lowest, -5.8%, in 2001.
That places North Macedonia 125th out of 168 countries with data for 2021, 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 return on equity in North Macedonia, year by year
| Year | %, after tax | Change |
|---|---|---|
| 2000 | 3.2% | — |
| 2001 | -5.8% | -280.8% |
| 2002 | 1.8% | -132.0% |
| 2003 | 8.1% | +337.3% |
| 2004 | 9.5% | +17.9% |
| 2005 | 8.7% | -8.6% |
| 2006 | 13.2% | +52.2% |
| 2007 | 16.5% | +25.0% |
| 2008 | 11.6% | -30.0% |
| 2009 | 6.4% | -45.0% |
| 2010 | 8.2% | +29.5% |
| 2011 | 3.3% | -59.9% |
| 2012 | 4.6% | +38.7% |
| 2013 | 6.6% | +44.7% |
| 2014 | 6.9% | +4.5% |
| 2015 | 9.2% | +31.9% |
| 2016 | 12.3% | +33.9% |
| 2017 | 14.5% | +18.1% |
| 2018 | 13.6% | -6.1% |
| 2019 | 12.0% | -11.7% |
| 2020 | 10.0% | -16.8% |
| 2021 | 7.1% | -28.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.3% | -5.8% | 16.5% | 10 |
| 2010s | 9.1% | 3.3% | 14.5% | 10 |
| 2020s | 8.6% | 7.1% | 10.0% | 2 |
Countries ranked near North Macedonia
More financial sector data for North Macedonia
- Net domestic credit (current LCU), per capita 360,001 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 34.32 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 17.39 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 7.76 million SDR (2025)
- Gold reserves at market value 706.83 million SDR (2025)
- Reserves excluding gold, foreign exchange 3.53 billion SDR (2025)
- Reserves excluding gold 3.53 billion SDR (2025)
- Total reserves (gold at market value) 4.24 billion SDR (2025)
- Total reserves (gold at national valuation) 4.23 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,322 SDR per person (2025)
Frequently asked questions
- What is bank return on equity in North Macedonia?
- Bank return on equity in North Macedonia was 7.1% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank return on equity recorded in North Macedonia?
- The highest recorded value was 16.5% in 2007.
- What is the lowest bank return on equity recorded in North Macedonia?
- The lowest recorded value was -5.8% in 2001.
- How does North Macedonia rank for bank return on equity?
- North Macedonia ranks 125th out of 168 countries with data for 2021.
- Is bank return on equity rising or falling in North Macedonia?
- Over the last ten years it is up 115.6%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank return on equity (%, after tax). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2115[t] / ((data2055[t] + data2055[t-1])/2). 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.