Monetary Sector credit to private sector in North Macedonia
North Macedonia: Monetary Sector credit to private sector was 53.4% in 2025. ▲ Rising
Monetary Sector credit to private sector in North Macedonia, 1993–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2025, monetary sector credit to private sector in North Macedonia stood at 53.4%.
The figure is up 4.3% on the previous year and up 4.5% over ten years.
Over the whole period, monetary sector credit to private sector in North Macedonia peaked at 56.4% in 1993 and was at its lowest, 16.3%, in 2001.
North Macedonia ranks 66th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Monetary Sector credit to private sector in North Macedonia, year by year
| Year | % GDP | Change |
|---|---|---|
| 1993 | 56.4% | — |
| 1994 | 43.1% | -23.6% |
| 1995 | 22.0% | -49.0% |
| 1996 | 25.2% | +14.8% |
| 1997 | 25.9% | +2.7% |
| 1998 | 16.8% | -35.0% |
| 1999 | 19.8% | +17.8% |
| 2000 | 17.0% | -14.5% |
| 2001 | 16.3% | -3.8% |
| 2002 | 16.7% | +2.2% |
| 2003 | 17.6% | +5.3% |
| 2004 | 20.9% | +19.0% |
| 2005 | 23.3% | +11.7% |
| 2006 | 28.0% | +20.1% |
| 2007 | 35.0% | +24.8% |
| 2008 | 42.1% | +20.5% |
| 2009 | 44.2% | +5.0% |
| 2010 | 44.9% | +1.4% |
| 2011 | 45.7% | +1.7% |
| 2012 | 47.9% | +4.8% |
| 2013 | 47.4% | -1.0% |
| 2014 | 49.5% | +4.4% |
| 2015 | 51.1% | +3.3% |
| 2016 | 48.0% | -6.0% |
| 2017 | 48.7% | +1.3% |
| 2018 | 48.9% | +0.4% |
| 2019 | 49.6% | +1.5% |
| 2020 | 53.8% | +8.5% |
| 2021 | 53.3% | -0.9% |
| 2022 | 52.1% | -2.3% |
| 2023 | 49.6% | -4.8% |
| 2024 | 51.2% | +3.3% |
| 2025 | 53.4% | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.9% | 16.8% | 56.4% | 7 |
| 2000s | 26.1% | 16.3% | 44.2% | 10 |
| 2010s | 48.2% | 44.9% | 51.1% | 10 |
| 2020s | 52.2% | 49.6% | 53.8% | 6 |
Countries ranked near North Macedonia
- 63 Russian Federation 54.6% compare
- 64 Cape Verde 54.0% compare
- 65 Morocco 53.6% compare
- 67 Philippines 52.1% compare
- 68 Bolivia, Plurinational State of 51.8% compare
- 69 Saint Lucia 51.7% compare
More financial sector data for North Macedonia
- Net domestic credit (current LCU), per capita 360,001 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 34.32 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 17.39 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 7.76 million SDR (2025)
- Gold reserves at market value 706.83 million SDR (2025)
- Reserves excluding gold, foreign exchange 3.53 billion SDR (2025)
- Reserves excluding gold 3.53 billion SDR (2025)
- Total reserves (gold at market value) 4.24 billion SDR (2025)
- Total reserves (gold at national valuation) 4.23 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,322 SDR per person (2025)
Frequently asked questions
- What is monetary sector credit to private sector in North Macedonia?
- Monetary sector credit to private sector in North Macedonia was 53.4% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in North Macedonia?
- The highest recorded value was 56.4% in 1993.
- What is the lowest monetary sector credit to private sector recorded in North Macedonia?
- The lowest recorded value was 16.3% in 2001.
- How does North Macedonia rank for monetary sector credit to private sector?
- North Macedonia ranks 66th out of 186 countries with data for 2025.
- Is monetary sector credit to private sector rising or falling in North Macedonia?
- Over the last ten years it is up 4.5%. 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 Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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. 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.