Number of Borrowers, Commercial Banks, of Which: Household Sector in North Macedonia
North Macedonia: Number of Borrowers, Commercial Banks, of Which: Household Sector was 543,137 in 2024. ▲ Rising
Number of Borrowers, Commercial Banks, of Which: Household Sector in North Macedonia, 2004–2024
Source: International Monetary Fund.
Analysis
The most recent figure for number of borrowers, commercial banks, of which: household sector in North Macedonia is 543,137, measured in 2024.
That represents a change of down 1.5% on the previous year and up 2.9% over ten years.
Over the whole period, number of borrowers, commercial banks, of which: household sector in North Macedonia peaked at 574,244 in 2019 and was at its lowest, 12,964, in 2004.
That places North Macedonia 51st out of 89 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Number of Borrowers, Commercial Banks, of Which: Household Sector in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 12,964 | — |
| 2005 | 21,909 | +69.0% |
| 2006 | 34,941 | +59.5% |
| 2007 | 87,962 | +151.7% |
| 2008 | 412,711 | +369.2% |
| 2009 | 442,177 | +7.1% |
| 2010 | 464,038 | +4.9% |
| 2011 | 476,904 | +2.8% |
| 2012 | 488,813 | +2.5% |
| 2013 | 505,948 | +3.5% |
| 2014 | 527,921 | +4.3% |
| 2015 | 547,642 | +3.7% |
| 2016 | 545,788 | -0.3% |
| 2017 | 557,223 | +2.1% |
| 2018 | 568,187 | +2.0% |
| 2019 | 574,244 | +1.1% |
| 2020 | 566,292 | -1.4% |
| 2021 | 560,959 | -0.9% |
| 2022 | 560,945 | -0.0% |
| 2023 | 551,436 | -1.7% |
| 2024 | 543,137 | -1.5% |
North Macedonia compared with similar countries
- North Macedonia's 543,137 is below the median for upper middle income countries, which is 1.67 million, 33% of the median. (32 countries reporting)
- North Macedonia's 543,137 is below the median for Europe & Central Asia, which is 2.53 million, 22% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Number of Borrowers, Commercial Banks, of Which: Household Sector 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 |
|---|---|---|---|
| 2008 | +369.2% | 87,962 | 412,711 |
| 2007 | +151.7% | 34,941 | 87,962 |
| 2005 | +69.0% | 12,964 | 21,909 |
| 2006 | +59.5% | 21,909 | 34,941 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 168,777 | 12,964 | 442,177 | 6 |
| 2010s | 525,671 | 464,038 | 574,244 | 10 |
| 2020s | 556,554 | 543,137 | 566,292 | 5 |
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 number of borrowers, commercial banks, of which: household sector in North Macedonia?
- Number of borrowers, commercial banks, of which: household sector in North Macedonia was 543,137 in 2024, according to International Monetary Fund.
- What is the highest number of borrowers, commercial banks, of which: household sector recorded in North Macedonia?
- The highest recorded value was 574,244 in 2019.
- What is the lowest number of borrowers, commercial banks, of which: household sector recorded in North Macedonia?
- The lowest recorded value was 12,964 in 2004.
- How does North Macedonia rank for number of borrowers, commercial banks, of which: household sector?
- North Macedonia ranks 51st out of 89 countries with data for 2024.
- Is number of borrowers, commercial banks, of which: household sector rising or falling in North Macedonia?
- Over the last ten years it is up 2.9%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from International Monetary Fund, published as part of Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.