Foreign banks among total banks (%) in North Macedonia
North Macedonia: Foreign banks among total banks (%) was 67.0% in 2013. ◆ Volatile
Foreign banks among total banks in North Macedonia, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
The most recent figure for foreign banks among total banks in North Macedonia is 67.0%, measured in 2013.
Compared with earlier readings it is up 52.3% over ten years.
Over the whole period, foreign banks among total banks in North Macedonia peaked at 71.0% in 2008 and was at its lowest, 0.0%, in 1995.
That places North Macedonia 32nd out of 137 countries with data for 2013, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign banks among total banks (%) in North Macedonia, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 0.0% | — |
| 1996 | 15.0% | — |
| 1997 | 15.0% | +0.0% |
| 1998 | 15.0% | +0.0% |
| 1999 | 21.0% | +40.0% |
| 2000 | 36.0% | +71.4% |
| 2001 | 38.0% | +5.6% |
| 2002 | 38.0% | +0.0% |
| 2003 | 44.0% | +15.8% |
| 2004 | 44.0% | +0.0% |
| 2005 | 47.0% | +6.8% |
| 2006 | 50.0% | +6.4% |
| 2007 | 64.0% | +28.0% |
| 2008 | 71.0% | +10.9% |
| 2009 | 71.0% | +0.0% |
| 2010 | 71.0% | +0.0% |
| 2011 | 69.0% | -2.8% |
| 2012 | 67.0% | -2.9% |
| 2013 | 67.0% | +0.0% |
North Macedonia compared with similar countries
- North Macedonia's 67.0% is above the median for upper middle income countries, which is 41.0%, 1.6× the median. (40 countries reporting)
- North Macedonia's 67.0% is above the median for Europe & Central Asia, which is 50.0%, 1.3× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Foreign banks among total banks (%) 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 |
|---|---|---|---|
| 2000 | +71.4% | 21.0% | 36.0% |
| 1999 | +40.0% | 15.0% | 21.0% |
| 2007 | +28.0% | 50.0% | 64.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.2% | 0.0% | 21.0% | 5 |
| 2000s | 50.3% | 36.0% | 71.0% | 10 |
| 2010s | 68.5% | 67.0% | 71.0% | 4 |
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 foreign banks among total banks in North Macedonia?
- Foreign banks among total banks in North Macedonia was 67.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in North Macedonia?
- The highest recorded value was 71.0% in 2008.
- What is the lowest foreign banks among total banks recorded in North Macedonia?
- The lowest recorded value was 0.0% in 1995.
- How does North Macedonia rank for foreign banks among total banks?
- North Macedonia ranks 32nd out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in North Macedonia?
- Over the last ten years it is up 52.3%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.