Domestic credit to private sector in North Macedonia
North Macedonia: Domestic credit to private sector was 56.3% in 2025. ▲ Rising
Domestic credit to private sector in North Macedonia, 2012–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit to private sector in North Macedonia stood at 56.3%. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 4.4% on the previous year and up 8.2% over ten years.
Over the whole period, domestic credit to private sector in North Macedonia peaked at 56.3% in 2025 and was at its lowest, 47.6%, in 2013.
That places North Macedonia 66th out of 187 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 to private sector in North Macedonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2012 | 48.1% | — |
| 2013 | 47.6% | -1.0% |
| 2014 | 50.5% | +6.0% |
| 2015 | 52.0% | +3.0% |
| 2016 | 49.0% | -5.9% |
| 2017 | 49.9% | +1.9% |
| 2018 | 50.2% | +0.7% |
| 2019 | 51.3% | +2.0% |
| 2020 | 55.7% | +8.7% |
| 2021 | 55.5% | -0.4% |
| 2022 | 54.3% | -2.2% |
| 2023 | 52.0% | -4.2% |
| 2024 | 53.9% | +3.6% |
| 2025 | 56.3% | +4.4% |
North Macedonia compared with similar countries
- North Macedonia's 56.3% is above the median for upper middle income countries, which is 44.9%, 1.3× the median. (55 countries reporting)
- North Macedonia's 56.3% is above the median for Europe & Central Asia, which is 51.6%, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 49.8% | 47.6% | 52.0% | 8 |
| 2020s | 54.6% | 52.0% | 56.3% | 6 |
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 domestic credit to private sector in North Macedonia?
- Domestic credit to private sector in North Macedonia was 56.3% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in North Macedonia?
- The highest recorded value was 56.3% in 2025.
- What is the lowest domestic credit to private sector recorded in North Macedonia?
- The lowest recorded value was 47.6% in 2013.
- How does North Macedonia rank for domestic credit to private sector?
- North Macedonia ranks 66th out of 187 countries with data for 2025.
- Is domestic credit to private sector rising or falling in North Macedonia?
- Over the last ten years it is up 8.2%. 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 to private sector (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include 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.