Broad money growth in North Macedonia
North Macedonia: Broad money growth was 10.2% in 2024. ◆ Volatile
Broad money growth in North Macedonia, 1994–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
The most recent figure for broad money growth in North Macedonia is 10.2%, measured in 2024.
The figure is up 73.1% on the previous year and up 14.4% over ten years.
Over the whole period, broad money growth in North Macedonia peaked at 66.6% in 2001 and was at its lowest, -55.2%, in 1994.
North Macedonia ranks 77th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth in North Macedonia, year by year
| Year | annual % | Change |
|---|---|---|
| 1994 | -55.2% | — |
| 1995 | 1.8% | -103.3% |
| 1996 | -0.2% | -111.6% |
| 1997 | 23.9% | -11450.1% |
| 1998 | 13.0% | -45.6% |
| 1999 | 31.2% | +140.0% |
| 2000 | 22.2% | -28.7% |
| 2001 | 66.6% | +199.5% |
| 2002 | -8.1% | -112.1% |
| 2003 | 18.5% | -329.1% |
| 2004 | 16.5% | -10.8% |
| 2005 | 15.7% | -4.8% |
| 2006 | 24.8% | +57.9% |
| 2007 | 29.9% | +20.6% |
| 2008 | 11.8% | -60.5% |
| 2009 | 1.7% | -85.9% |
| 2010 | 11.6% | +595.5% |
| 2011 | 8.9% | -23.1% |
| 2012 | 3.1% | -65.7% |
| 2013 | 2.6% | -15.0% |
| 2014 | 8.9% | +242.5% |
| 2015 | 7.7% | -14.0% |
| 2016 | 6.0% | -22.3% |
| 2017 | 4.6% | -23.0% |
| 2018 | 10.8% | +135.6% |
| 2019 | 8.2% | -24.3% |
| 2020 | 8.0% | -2.7% |
| 2021 | 8.8% | +10.8% |
| 2022 | 5.3% | -40.3% |
| 2023 | 5.9% | +11.7% |
| 2024 | 10.2% | +73.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.4% | -55.2% | 31.2% | 6 |
| 2000s | 20.0% | -8.1% | 66.6% | 10 |
| 2010s | 7.2% | 2.6% | 11.6% | 10 |
| 2020s | 7.6% | 5.3% | 10.2% | 5 |
Countries ranked near North Macedonia
More financial sector data for North Macedonia
- Total reserves in months of imports, annual growth rate -0.2499 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -1.45 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1849 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,939 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -1.47 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,939 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 5.24 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,327 SDR per person (2025)
Frequently asked questions
- What is broad money growth in North Macedonia?
- Broad money growth in North Macedonia was 10.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in North Macedonia?
- The highest recorded value was 66.6% in 2001.
- What is the lowest broad money growth recorded in North Macedonia?
- The lowest recorded value was -55.2% in 1994.
- How does North Macedonia rank for broad money growth?
- North Macedonia ranks 77th out of 166 countries with data for 2024.
- Is broad money growth rising or falling in North Macedonia?
- Over the last ten years it is up 14.4%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.