Commercial bank branches in North Macedonia
North Macedonia: Commercial bank branches was 25.29 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in North Macedonia, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
North Macedonia recorded 25.29 per 100,000 adults for commercial bank branches in 2024.
Compared with earlier readings it is up 2.0% on the previous year and down 7.7% over ten years.
Over the whole period, commercial bank branches in North Macedonia peaked at 28.43 per 100,000 adults in 2017 and was at its lowest, 17.1 per 100,000 adults, in 2005.
North Macedonia ranks 25th of 185 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Commercial bank branches in North Macedonia, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 17.87 per 100,000 adults | — |
| 2005 | 17.1 per 100,000 adults | -4.3% |
| 2006 | 19.69 per 100,000 adults | +15.2% |
| 2007 | 21.1 per 100,000 adults | +7.2% |
| 2008 | 25.94 per 100,000 adults | +23.0% |
| 2009 | 27.2 per 100,000 adults | +4.8% |
| 2010 | 27.77 per 100,000 adults | +2.1% |
| 2011 | 26.33 per 100,000 adults | -5.2% |
| 2012 | 26.99 per 100,000 adults | +2.5% |
| 2013 | 27.21 per 100,000 adults | +0.8% |
| 2014 | 27.39 per 100,000 adults | +0.7% |
| 2015 | 27.24 per 100,000 adults | -0.6% |
| 2016 | 27.63 per 100,000 adults | +1.4% |
| 2017 | 28.43 per 100,000 adults | +2.9% |
| 2018 | 26.9 per 100,000 adults | -5.4% |
| 2019 | 27.05 per 100,000 adults | +0.5% |
| 2020 | 26.23 per 100,000 adults | -3.0% |
| 2021 | 25.51 per 100,000 adults | -2.7% |
| 2022 | 25.19 per 100,000 adults | -1.3% |
| 2023 | 24.8 per 100,000 adults | -1.5% |
| 2024 | 25.29 per 100,000 adults | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.48 per 100,000 adults | 17.1 per 100,000 adults | 27.2 per 100,000 adults | 6 |
| 2010s | 27.29 per 100,000 adults | 26.33 per 100,000 adults | 28.43 per 100,000 adults | 10 |
| 2020s | 25.4 per 100,000 adults | 24.8 per 100,000 adults | 26.23 per 100,000 adults | 5 |
Countries ranked near North Macedonia
- 22 Portugal 28.34 per 100,000 adults compare
- 23 Republic of Moldova 28.33 per 100,000 adults compare
- 24 United States of America 25.73 per 100,000 adults compare
- 26 United Kingdom of Great Britain and Northern Ireland 25.22 per 100,000 adults compare
- 27 Bhutan 24.6 per 100,000 adults compare
- 28 Croatia 24.16 per 100,000 adults compare
More financial sector data for North Macedonia
- Total reserves (gold at national valuation) (SDR), annual growth rate 4.99 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,322 SDR per person (2025)
- 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)
Frequently asked questions
- What is commercial bank branches in North Macedonia?
- Commercial bank branches in North Macedonia was 25.29 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in North Macedonia?
- The highest recorded value was 28.43 per 100,000 adults in 2017.
- What is the lowest commercial bank branches recorded in North Macedonia?
- The lowest recorded value was 17.1 per 100,000 adults in 2005.
- How does North Macedonia rank for commercial bank branches?
- North Macedonia ranks 25th out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in North Macedonia?
- Over the last ten years it is down 7.7%. 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 Commercial bank branches (per 100,000 adults). Statizoid updates them automatically from the source API.
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About this data
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.