Domestic credit provided by financial sector in North Macedonia
North Macedonia: Domestic credit provided by financial sector was 79.4% in 2025. ▲ Rising
Domestic credit provided by financial sector in North Macedonia, 2012–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
North Macedonia recorded 79.4% for domestic credit provided by financial sector in 2025. That is the highest value across all 14 years on record.
That represents a change of up 7.7% on the previous year and up 30.5% over ten years.
Over the whole period, domestic credit provided by financial sector in North Macedonia peaked at 79.4% in 2025 and was at its lowest, 53.1%, in 2012.
That places North Macedonia 21st out of 65 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Domestic credit provided by financial sector in North Macedonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2012 | 53.1% | — |
| 2013 | 54.7% | +3.0% |
| 2014 | 55.6% | +1.5% |
| 2015 | 60.8% | +9.5% |
| 2016 | 56.7% | -6.9% |
| 2017 | 60.3% | +6.5% |
| 2018 | 58.7% | -2.7% |
| 2019 | 62.3% | +6.2% |
| 2020 | 71.3% | +14.4% |
| 2021 | 73.4% | +3.0% |
| 2022 | 72.4% | -1.4% |
| 2023 | 70.3% | -2.8% |
| 2024 | 73.7% | +4.8% |
| 2025 | 79.4% | +7.7% |
North Macedonia compared with similar countries
- North Macedonia's 79.4% is above the median for upper middle income countries, which is 62.6%, 1.3× the median. (30 countries reporting)
- North Macedonia's 79.4% is above the median for Europe & Central Asia, which is 53.7%, 1.5× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 57.8% | 53.1% | 62.3% | 8 |
| 2020s | 73.4% | 70.3% | 79.4% | 6 |
Countries ranked near North Macedonia
- 18 Honduras 85.5% compare
- 19 Armenia 83.0% compare
- 20 Namibia 80.4% compare
- 22 United Arab Emirates 78.1% compare
- 23 Bolivia, Plurinational State of 77.5% compare
- 24 Brunei Darussalam 76.3% compare
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 domestic credit provided by financial sector in North Macedonia?
- Domestic credit provided by financial sector in North Macedonia was 79.4% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit provided by financial sector recorded in North Macedonia?
- The highest recorded value was 79.4% in 2025.
- What is the lowest domestic credit provided by financial sector recorded in North Macedonia?
- The lowest recorded value was 53.1% in 2012.
- How does North Macedonia rank for domestic credit provided by financial sector?
- North Macedonia ranks 21st out of 65 countries with data for 2025.
- Is domestic credit provided by financial sector rising or falling in North Macedonia?
- Over the last ten years it is up 30.5%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit provided by financial sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.