Loans from nonresident banks (amounts outstanding) to GDP in North Macedonia
North Macedonia: Loans from nonresident banks (amounts outstanding) to GDP was 19.2% in 2021. ◆ Volatile
Loans from nonresident banks (amounts outstanding) to GDP in North Macedonia, 1997–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for loans from nonresident banks (amounts outstanding) to gdp in North Macedonia is 19.2%, measured in 2021.
The figure is down 11.9% on the previous year and up 335.7% over ten years.
Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in North Macedonia peaked at 21.8% in 2020 and was at its lowest, 1.9%, in 2013.
That places North Macedonia 65th out of 136 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (amounts outstanding) to GDP in North Macedonia, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 5.9% | — |
| 1998 | 6.1% | +3.9% |
| 1999 | 5.9% | -2.5% |
| 2000 | 6.1% | +2.4% |
| 2001 | 6.2% | +1.7% |
| 2002 | 5.5% | -10.5% |
| 2003 | 4.3% | -22.1% |
| 2004 | 3.6% | -16.6% |
| 2005 | 5.9% | +65.1% |
| 2006 | 5.5% | -7.1% |
| 2007 | 4.7% | -15.5% |
| 2008 | 3.6% | -23.0% |
| 2009 | 6.2% | +73.1% |
| 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% | +19.9% |
| 2016 | 12.0% | +44.7% |
| 2017 | 12.9% | +7.4% |
| 2018 | 15.5% | +20.0% |
| 2019 | 15.3% | -1.3% |
| 2020 | 21.8% | +42.1% |
| 2021 | 19.2% | -11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.0% | 5.9% | 6.1% | 3 |
| 2000s | 5.2% | 3.6% | 6.2% | 10 |
| 2010s | 8.7% | 1.9% | 15.5% | 10 |
| 2020s | 20.5% | 19.2% | 21.8% | 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 loans from nonresident banks (amounts outstanding) to gdp in North Macedonia?
- Loans from nonresident banks (amounts outstanding) to gdp in North Macedonia was 19.2% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in North Macedonia?
- The highest recorded value was 21.8% in 2020.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in North Macedonia?
- The lowest recorded value was 1.9% in 2013.
- How does North Macedonia rank for loans from nonresident banks (amounts outstanding) to gdp?
- North Macedonia ranks 65th out of 136 countries with data for 2021.
- Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in North Macedonia?
- Over the last ten years it is up 335.7%. 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 Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Ratio of outstanding offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors.