Borrowers from commercial banks in North Macedonia
North Macedonia: Borrowers from commercial banks was 385.63 per 1,000 adults in 2024. ▲ Rising
Borrowers from commercial banks in North Macedonia, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
North Macedonia recorded 385.63 per 1,000 adults for borrowers from commercial banks in 2024.
That represents a change of up 0.7% on the previous year and up 7.5% over ten years.
Over the whole period, borrowers from commercial banks in North Macedonia peaked at 393 per 1,000 adults in 2022 and was at its lowest, 11.94 per 1,000 adults, in 2004.
That places North Macedonia 28th out of 113 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Borrowers from commercial banks in North Macedonia, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 11.94 per 1,000 adults | — |
| 2005 | 18.51 per 1,000 adults | +55.0% |
| 2006 | 28.3 per 1,000 adults | +52.9% |
| 2007 | 68.3 per 1,000 adults | +141.3% |
| 2008 | 272.9 per 1,000 adults | +299.5% |
| 2009 | 293.61 per 1,000 adults | +7.6% |
| 2010 | 309.94 per 1,000 adults | +5.6% |
| 2011 | 319.94 per 1,000 adults | +3.2% |
| 2012 | 328.28 per 1,000 adults | +2.6% |
| 2013 | 344.06 per 1,000 adults | +4.8% |
| 2014 | 358.87 per 1,000 adults | +4.3% |
| 2015 | 371.77 per 1,000 adults | +3.6% |
| 2016 | 368.38 per 1,000 adults | -0.9% |
| 2017 | 376.05 per 1,000 adults | +2.1% |
| 2018 | 384.6 per 1,000 adults | +2.3% |
| 2019 | 391.29 per 1,000 adults | +1.7% |
| 2020 | 389.1 per 1,000 adults | -0.6% |
| 2021 | 390.89 per 1,000 adults | +0.5% |
| 2022 | 393 per 1,000 adults | +0.5% |
| 2023 | 383.14 per 1,000 adults | -2.5% |
| 2024 | 385.63 per 1,000 adults | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 115.59 per 1,000 adults | 11.94 per 1,000 adults | 293.61 per 1,000 adults | 6 |
| 2010s | 355.32 per 1,000 adults | 309.94 per 1,000 adults | 391.29 per 1,000 adults | 10 |
| 2020s | 388.35 per 1,000 adults | 383.14 per 1,000 adults | 393 per 1,000 adults | 5 |
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 borrowers from commercial banks in North Macedonia?
- Borrowers from commercial banks in North Macedonia was 385.63 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in North Macedonia?
- The highest recorded value was 393 per 1,000 adults in 2022.
- What is the lowest borrowers from commercial banks recorded in North Macedonia?
- The lowest recorded value was 11.94 per 1,000 adults in 2004.
- How does North Macedonia rank for borrowers from commercial banks?
- North Macedonia ranks 28th out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in North Macedonia?
- Over the last ten years it is up 7.5%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.