Bank return on equity in North Macedonia

North Macedonia: Bank return on equity was 7.7% in 2021. ◆ Volatile

Latest (2021)
7.7%
Change on year
down 28.9%
World rank
134th
of 168 countries
All-time high
17.8%
in 2007
All-time low
-5.2%
in 2001
Years of data
22
2000–2021

Bank return on equity in North Macedonia, 2000–2021

-5051015202000201020212000: 4.1 %, before tax2001: -5.2 %, before tax2002: 2.3 %, before tax2003: 8.6 %, before tax2004: 10.3 %, before tax2005: 9.8 %, before tax2006: 14.4 %, before tax2007: 17.8 %, before tax2008: 13.1 %, before tax2009: 6.5 %, before tax2010: 8.3 %, before tax2011: 3.4 %, before tax2012: 4.7 %, before tax2013: 6.7 %, before tax2014: 8 %, before tax2015: 10.2 %, before tax2016: 13.7 %, before tax2017: 16.2 %, before tax2018: 15.2 %, before tax2019: 13.3 %, before tax2020: 10.9 %, before tax2021: 7.7 %, before tax

Source: Bankscope, Bureau van Dijk (BvD). Measured in %, before tax.

Analysis

North Macedonia recorded 7.7% for bank return on equity in 2021.

The figure is down 28.9% on the previous year and up 125.2% over ten years.

Over the whole period, bank return on equity in North Macedonia peaked at 17.8% in 2007 and was at its lowest, -5.2%, in 2001.

That places North Macedonia 134th out of 168 countries with data for 2021, putting it in the bottom quarter.

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

Annual values for Bank return on equity (%, before tax) in North Macedonia, 2000 to 2021.
Year %, before tax Change
2000 4.1%
2001 -5.2% -226.4%
2002 2.3% -144.2%
2003 8.6% +273.5%
2004 10.3% +20.2%
2005 9.8% -4.9%
2006 14.4% +46.4%
2007 17.8% +23.4%
2008 13.1% -26.4%
2009 6.5% -50.1%
2010 8.3% +27.2%
2011 3.4% -58.7%
2012 4.7% +36.2%
2013 6.7% +43.5%
2014 8.0% +19.1%
2015 10.2% +27.3%
2016 13.7% +34.4%
2017 16.2% +18.2%
2018 15.2% -5.8%
2019 13.3% -12.7%
2020 10.9% -18.1%
2021 7.7% -28.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.2% -5.2% 17.8% 10
2010s 10.0% 3.4% 16.2% 10
2020s 9.3% 7.7% 10.9% 2

Countries ranked near North Macedonia

  1. 131 Taiwan, China 8.1% compare
  2. 132 Hong Kong, China 8.1% compare
  3. 133 Poland 7.8% compare
  4. 135 Fiji 7.7% compare
  5. 136 Bahrain 7.5% compare
  6. 137 France 7.4% compare

See the full ranking of 168 places →

More financial sector data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is bank return on equity in North Macedonia?
Bank return on equity in North Macedonia was 7.7% 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 17.8% in 2007.
What is the lowest bank return on equity recorded in North Macedonia?
The lowest recorded value was -5.2% in 2001.
How does North Macedonia rank for bank return on equity?
North Macedonia ranks 134th 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 125.2%. 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 (%, before tax). Statizoid updates them automatically from the source API.

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Bank return on equity in North Macedonia. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 23 August 2026, from https://financial-sector.statizoid.com/stat/bank-return-on-equity-percent-before-tax/north-macedonia/

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About this data

Indicator
Bank return on equity (%, before tax)
Unit
%, before tax
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 3,215 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. Data10270[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.