Bank Z-score in North Macedonia
North Macedonia: Bank Z-score was 9.52 in 2021. ▼ Falling
Bank Z-score in North Macedonia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
In 2021, bank z-score in North Macedonia stood at 9.52.
That represents a change of down 15.6% on the previous year and up 3.3% over ten years.
Over the whole period, bank z-score in North Macedonia peaked at 15.35 in 2000 and was at its lowest, 9.22, in 2011.
That places North Macedonia 128th out of 170 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Bank Z-score in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 15.35 | — |
| 2001 | 11.27 | -26.6% |
| 2002 | 14.55 | +29.1% |
| 2003 | 14.84 | +2.0% |
| 2004 | 14.54 | -2.0% |
| 2005 | 12.28 | -15.5% |
| 2006 | 12.67 | +3.1% |
| 2007 | 11.51 | -9.1% |
| 2008 | 11.11 | -3.5% |
| 2009 | 9.93 | -10.6% |
| 2010 | 9.37 | -5.6% |
| 2011 | 9.22 | -1.6% |
| 2012 | 9.65 | +4.7% |
| 2013 | 9.99 | +3.5% |
| 2014 | 9.88 | -1.1% |
| 2015 | 10.21 | +3.3% |
| 2016 | 10.55 | +3.4% |
| 2017 | 11.06 | +4.8% |
| 2018 | 11.1 | +0.4% |
| 2019 | 11.19 | +0.8% |
| 2020 | 11.28 | +0.8% |
| 2021 | 9.52 | -15.6% |
North Macedonia compared with similar countries
- North Macedonia's 9.52 is below the median for upper middle income countries, which is 15.47, 62% of the median. (48 countries reporting)
- North Macedonia's 9.52 is below the median for Europe & Central Asia, which is 11.21, 85% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Bank Z-score in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +29.1% | 11.27 | 14.55 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.8 | 9.93 | 15.35 | 10 |
| 2010s | 10.22 | 9.22 | 11.19 | 10 |
| 2020s | 10.4 | 9.52 | 11.28 | 2 |
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 z-score in North Macedonia?
- Bank z-score in North Macedonia was 9.52 in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank z-score recorded in North Macedonia?
- The highest recorded value was 15.35 in 2000.
- What is the lowest bank z-score recorded in North Macedonia?
- The lowest recorded value was 9.22 in 2011.
- How does North Macedonia rank for bank z-score?
- North Macedonia ranks 128th out of 170 countries with data for 2021.
- Is bank z-score rising or falling in North Macedonia?
- Over the last ten years it is up 3.3%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank Z-score. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.