Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in North Macedonia
North Macedonia: Outstanding Loans, Commercial Banks, of Which: Household Sector Loans was 245.84 billion in 2024. ◆ Volatile
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in North Macedonia, 2004–2024
Source: International Monetary Fund.
Analysis
The most recent figure for outstanding loans, commercial banks, of which: household sector loans in North Macedonia is 245.84 billion, measured in 2024. That is the highest value across all 21 years on record.
That represents a change of up 9.0% on the previous year and up 139.6% over ten years.
Over the whole period, outstanding loans, commercial banks, of which: household sector loans in North Macedonia peaked at 245.84 billion in 2024 and was at its lowest, 15.33 billion, in 2004.
North Macedonia ranks 65th of 134 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 15.33 billion | — |
| 2005 | 21.60 billion | +40.8% |
| 2006 | 30.85 billion | +42.9% |
| 2007 | 48.21 billion | +56.2% |
| 2008 | 65.87 billion | +36.6% |
| 2009 | 67.59 billion | +2.6% |
| 2010 | 71.43 billion | +5.7% |
| 2011 | 77.35 billion | +8.3% |
| 2012 | 82.72 billion | +6.9% |
| 2013 | 91.57 billion | +10.7% |
| 2014 | 102.62 billion | +12.1% |
| 2015 | 116.36 billion | +13.4% |
| 2016 | 126.11 billion | +8.4% |
| 2017 | 138.33 billion | +9.7% |
| 2018 | 152.73 billion | +10.4% |
| 2019 | 169.03 billion | +10.7% |
| 2020 | 180.80 billion | +7.0% |
| 2021 | 195.82 billion | +8.3% |
| 2022 | 210.89 billion | +7.7% |
| 2023 | 225.58 billion | +7.0% |
| 2024 | 245.84 billion | +9.0% |
North Macedonia compared with similar countries
- North Macedonia's 245.84 billion is above the median for upper middle income countries, which is 162.63 billion, 1.5× the median. (46 countries reporting)
- North Macedonia's 245.84 billion is below the median for Europe & Central Asia, which is 271.67 billion, 90% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Outstanding Loans, Commercial Banks, of Which: Household Sector Loans 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 |
|---|---|---|---|
| 2007 | +56.2% | 30.85 billion | 48.21 billion |
| 2006 | +42.9% | 21.60 billion | 30.85 billion |
| 2005 | +40.8% | 15.33 billion | 21.60 billion |
| 2008 | +36.6% | 48.21 billion | 65.87 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.58 billion | 15.33 billion | 67.59 billion | 6 |
| 2010s | 112.82 billion | 71.43 billion | 169.03 billion | 10 |
| 2020s | 211.79 billion | 180.80 billion | 245.84 billion | 5 |
Countries ranked near North Macedonia
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 outstanding loans, commercial banks, of which: household sector loans in North Macedonia?
- Outstanding loans, commercial banks, of which: household sector loans in North Macedonia was 245.84 billion in 2024, according to International Monetary Fund.
- What is the highest outstanding loans, commercial banks, of which: household sector loans recorded in North Macedonia?
- The highest recorded value was 245.84 billion in 2024.
- What is the lowest outstanding loans, commercial banks, of which: household sector loans recorded in North Macedonia?
- The lowest recorded value was 15.33 billion in 2004.
- How does North Macedonia rank for outstanding loans, commercial banks, of which: household sector loans?
- North Macedonia ranks 65th out of 134 countries with data for 2024.
- Is outstanding loans, commercial banks, of which: household sector loans rising or falling in North Macedonia?
- Over the last ten years it is up 139.6%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from International Monetary Fund, published as part of Outstanding Loans, Commercial Banks, of Which: Household Sector Loans. 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.