Nonbank financial institutions’ assets to GDP (%) in North Macedonia
North Macedonia: Nonbank financial institutions’ assets to GDP (%) was 13.3% in 2021. ▲ Rising
Nonbank financial institutions’ assets to GDP in North Macedonia, 2012–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
North Macedonia recorded 13.3% for nonbank financial institutions’ assets to gdp in 2021. That is the highest value across all 10 years on record.
That represents a change of up 9.7% on the previous year and up 221.3% over ten years.
Over the whole period, nonbank financial institutions’ assets to gdp in North Macedonia peaked at 13.3% in 2021 and was at its lowest, 4.1%, in 2012.
That places North Macedonia 28th out of 84 countries with data for 2021, putting it in the middle of the range.
Nonbank financial institutions’ assets to GDP (%) in North Macedonia, year by year
| Year | % | Change |
|---|---|---|
| 2012 | 4.1% | — |
| 2013 | 4.5% | +9.5% |
| 2014 | 5.8% | +27.6% |
| 2015 | 6.5% | +12.6% |
| 2016 | 7.3% | +11.7% |
| 2017 | 8.4% | +15.3% |
| 2018 | 8.6% | +2.3% |
| 2019 | 10.0% | +16.3% |
| 2020 | 12.1% | +21.5% |
| 2021 | 13.3% | +9.7% |
North Macedonia compared with similar countries
- North Macedonia's 13.3% is above the median for upper middle income countries, which is 7.9%, 1.7× the median. (35 countries reporting)
- North Macedonia's 13.3% is above the median for Europe & Central Asia, which is 9.1%, 1.5× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.9% | 4.1% | 10.0% | 8 |
| 2020s | 12.7% | 12.1% | 13.3% | 2 |
Countries ranked near North Macedonia
- 25 Solomon Islands 15.5% compare
- 26 Bhutan 13.6% compare
- 27 Bolivia 13.5% compare
- 29 Romania 12.9% compare
- 30 Kazakhstan 12.7% compare
- 31 Papua New Guinea 12.3% 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 nonbank financial institutions’ assets to gdp in North Macedonia?
- Nonbank financial institutions’ assets to gdp in North Macedonia was 13.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest nonbank financial institutions’ assets to gdp recorded in North Macedonia?
- The highest recorded value was 13.3% in 2021.
- What is the lowest nonbank financial institutions’ assets to gdp recorded in North Macedonia?
- The lowest recorded value was 4.1% in 2012.
- How does North Macedonia rank for nonbank financial institutions’ assets to gdp?
- North Macedonia ranks 28th out of 84 countries with data for 2021.
- Is nonbank financial institutions’ assets to gdp rising or falling in North Macedonia?
- Over the last ten years it is up 221.3%. 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 Nonbank financial institutions’ assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is other financial institutions' claims, 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. Nonbank financial institutions assets (IFS lines 42, a-d, h, and s); 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).