Broad money growth (annual %) in North Macedonia
North Macedonia: Broad money growth (annual %) 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 80th of 167 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 (annual %) 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% |
North Macedonia compared with similar countries
- North Macedonia's 10.2% is above the median for upper middle income countries, which is 9.3%, 1.1× the median. (55 countries reporting)
- North Macedonia's 10.2% is above the median for Europe & Central Asia, which is 9.8%, 1.0× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Broad money growth (annual %) 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 |
|---|---|---|---|
| 1997 | +11450.1% | -0.2% | 23.9% |
| 2010 | +595.5% | 1.7% | 11.6% |
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
- 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 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 80th out of 167 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.