Liquid liabilities to GDP (%) in North Macedonia
North Macedonia: Liquid liabilities to GDP (%) was 64.9% in 2021. ▲ Rising
Liquid liabilities to GDP in North Macedonia, 1993–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, liquid liabilities to gdp in North Macedonia stood at 64.9%.
The figure is down 1.8% on the previous year and up 22.8% over ten years.
Over the whole period, liquid liabilities to gdp in North Macedonia peaked at 70.2% in 1993 and was at its lowest, 10.7%, in 1996.
North Macedonia ranks 92nd of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Liquid liabilities to GDP (%) in North Macedonia, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 70.2% | — |
| 1994 | 12.7% | -81.9% |
| 1995 | 11.2% | -12.1% |
| 1996 | 10.7% | -4.1% |
| 1997 | 12.6% | +17.5% |
| 1998 | 13.6% | +7.8% |
| 1999 | 16.6% | +22.4% |
| 2000 | 18.0% | +8.1% |
| 2001 | 29.5% | +64.2% |
| 2002 | 26.5% | -10.3% |
| 2003 | 30.4% | +14.9% |
| 2004 | 33.8% | +10.9% |
| 2005 | 35.6% | +5.5% |
| 2006 | 40.9% | +15.0% |
| 2007 | 48.0% | +17.4% |
| 2008 | 47.9% | -0.3% |
| 2009 | 48.6% | +1.6% |
| 2010 | 51.5% | +5.8% |
| 2011 | 52.8% | +2.6% |
| 2012 | 52.8% | -0.0% |
| 2013 | 51.9% | -1.6% |
| 2014 | 54.6% | +5.1% |
| 2015 | 55.1% | +0.9% |
| 2016 | 54.6% | -0.9% |
| 2017 | 55.0% | +0.8% |
| 2018 | 56.9% | +3.4% |
| 2019 | 59.0% | +3.8% |
| 2020 | 66.0% | +11.9% |
| 2021 | 64.9% | -1.8% |
North Macedonia compared with similar countries
- North Macedonia's 64.9% is above the median for upper middle income countries, which is 63.0%, 1.0× the median. (55 countries reporting)
- North Macedonia's 64.9% is below the median for Europe & Central Asia, which is 75.1%, 86% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Liquid liabilities 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 |
|---|---|---|---|
| 1994 | -81.9% | 70.2% | 12.7% |
| 2001 | +64.2% | 18.0% | 29.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.1% | 10.7% | 70.2% | 7 |
| 2000s | 35.9% | 18.0% | 48.6% | 10 |
| 2010s | 54.4% | 51.5% | 59.0% | 10 |
| 2020s | 65.5% | 64.9% | 66.0% | 2 |
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 liquid liabilities to gdp in North Macedonia?
- Liquid liabilities to gdp in North Macedonia was 64.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest liquid liabilities to gdp recorded in North Macedonia?
- The highest recorded value was 70.2% in 1993.
- What is the lowest liquid liabilities to gdp recorded in North Macedonia?
- The lowest recorded value was 10.7% in 1996.
- How does North Macedonia rank for liquid liabilities to gdp?
- North Macedonia ranks 92nd out of 186 countries with data for 2021.
- Is liquid liabilities to gdp rising or falling in North Macedonia?
- Over the last ten years it is up 22.8%. 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 (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.