International debt issues to GDP (%) in North Macedonia
North Macedonia: International debt issues to GDP (%) was 21.5% in 2020. ◆ Volatile
International debt issues to GDP in North Macedonia, 1997–2020
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for international debt issues to gdp in North Macedonia is 21.5%, measured in 2020. That is the highest value across all 24 years on record.
The figure is up 39.7% on the previous year and up 291.5% over ten years.
Over the whole period, international debt issues to gdp in North Macedonia peaked at 21.5% in 2020 and was at its lowest, 1.9%, in 2013.
That places North Macedonia 52nd out of 116 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
International debt issues to GDP (%) in North Macedonia, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 5.8% | — |
| 1998 | 6.1% | +4.6% |
| 1999 | 5.9% | -2.8% |
| 2000 | 6.1% | +2.4% |
| 2001 | 6.2% | +1.7% |
| 2002 | 5.6% | -10.0% |
| 2003 | 4.3% | -22.5% |
| 2004 | 3.6% | -16.6% |
| 2005 | 5.9% | +65.2% |
| 2006 | 5.5% | -7.1% |
| 2007 | 4.7% | -15.5% |
| 2008 | 3.6% | -23.0% |
| 2009 | 6.2% | +73.0% |
| 2010 | 5.5% | -11.4% |
| 2011 | 4.4% | -19.9% |
| 2012 | 4.4% | +0.0% |
| 2013 | 1.9% | -56.5% |
| 2014 | 6.9% | +262.9% |
| 2015 | 8.3% | +19.8% |
| 2016 | 12.0% | +44.7% |
| 2017 | 12.9% | +7.4% |
| 2018 | 15.5% | +20.0% |
| 2019 | 15.4% | -0.8% |
| 2020 | 21.5% | +39.7% |
North Macedonia compared with similar countries
- North Macedonia's 21.5% is above the median for upper middle income countries, which is 17.5%, 1.2× the median. (38 countries reporting)
- North Macedonia's 21.5% is below the median for Europe & Central Asia, which is 27.0%, 80% of the median. (42 countries reporting)
Biggest year-on-year movements
Years where International debt issues to GDP (%) 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 |
|---|---|---|---|
| 2014 | +262.9% | 1.9% | 6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.0% | 5.8% | 6.1% | 3 |
| 2000s | 5.2% | 3.6% | 6.2% | 10 |
| 2010s | 8.7% | 1.9% | 15.5% | 10 |
| 2020s | 21.5% | 21.5% | 21.5% | 1 |
Countries ranked near North Macedonia
- 49 Cote d'Ivoire 22.1% compare
- 50 Zambia 22.0% compare
- 51 Kazakhstan 22.0% compare
- 53 United States 21.4% compare
- 54 Ecuador 20.6% compare
- 55 Tunisia 20.5% 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 international debt issues to gdp in North Macedonia?
- International debt issues to gdp in North Macedonia was 21.5% in 2020, according to Bank for International Settlements (BIS).
- What is the highest international debt issues to gdp recorded in North Macedonia?
- The highest recorded value was 21.5% in 2020.
- What is the lowest international debt issues to gdp recorded in North Macedonia?
- The lowest recorded value was 1.9% in 2013.
- How does North Macedonia rank for international debt issues to gdp?
- North Macedonia ranks 52nd out of 116 countries with data for 2020.
- Is international debt issues to gdp rising or falling in North Macedonia?
- Over the last ten years it is up 291.5%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Bank for International Settlements (BIS), published as part of International debt issues to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Total value of outstanding international debt issues both public and private, as a share of GDP. Offshore bank loan data from BIS Statistical Appendix Table 12A (Amount Outstanding): International debt securities - all issuers.