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 127th out of 169 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.
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
- Domestic credit to private sector by banks 53.3% (2025)
- Total reserves in months of imports 4.57 (2025)
- Net domestic credit 655.53 billion current LCU (2025)
- Net foreign assets 276.97 billion current LCU (2025)
- Monetary Sector credit to private sector 53.4% (2025)
- Broad money 60.5% (2024)
- Claims on central government, etc. 22.2% (2025)
- Domestic credit to private sector 56.3% (2025)
- Official exchange rate 54.66 LCU per US$, period average (2025)
- Net migration -5,645 (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 127th out of 169 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.
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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.