Pension fund assets to GDP in North Macedonia

North Macedonia: Pension fund assets to GDP was 13.5% in 2020. ◆ Volatile

Latest (2020)
13.5%
Change on year
up 19.8%
World rank
44th
of 87 countries
All-time high
13.5%
in 2020
All-time low
0.4%
in 2006
Years of data
15
2006–2020

Pension fund assets to GDP in North Macedonia, 2006–2020

0510152006201320202006: 0.371 %2007: 0.838 %2008: 1.2 %2009: 2.1 %2010: 2.9 %2011: 3.5 %2012: 4.6 %2013: 5.4 %2014: 6.4 %2015: 7.3 %2016: 8.2 %2017: 9.4 %2018: 10 %2019: 11.3 %2020: 13.5 %

Source: Nonbanking financial database, World Bank. Measured in %.

Analysis

The most recent figure for pension fund assets to gdp in North Macedonia is 13.5%, measured in 2020. That is the highest value across all 15 years on record.

That represents a change of up 19.8% on the previous year and up 372.3% over ten years.

Over the whole period, pension fund assets to gdp in North Macedonia peaked at 13.5% in 2020 and was at its lowest, 0.4%, in 2006.

North Macedonia ranks 44th of 87 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.

Pension fund assets to GDP in North Macedonia, year by year

Annual values for Pension fund assets to GDP (%) in North Macedonia, 2006 to 2020.
Year % Change
2006 0.4%
2007 0.8% +125.9%
2008 1.2% +44.0%
2009 2.1% +74.7%
2010 2.9% +35.5%
2011 3.5% +21.7%
2012 4.6% +31.4%
2013 5.4% +18.3%
2014 6.4% +17.6%
2015 7.3% +14.5%
2016 8.2% +13.3%
2017 9.4% +14.2%
2018 10.0% +6.0%
2019 11.3% +12.8%
2020 13.5% +19.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.1% 0.4% 2.1% 4
2010s 6.9% 2.9% 11.3% 10
2020s 13.5% 13.5% 13.5% 1

Countries ranked near North Macedonia

  1. 41 Bulgaria 14.4% compare
  2. 42 Slovakia 14.3% compare
  3. 43 Brazil 13.9% compare
  4. 45 Kenya 13.3% compare
  5. 46 Suriname 13.0% compare
  6. 47 Italy 12.6% compare

See the full ranking of 87 places →

More financial sector data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is pension fund assets to gdp in North Macedonia?
Pension fund assets to gdp in North Macedonia was 13.5% in 2020, according to Nonbanking financial database, World Bank.
What is the highest pension fund assets to gdp recorded in North Macedonia?
The highest recorded value was 13.5% in 2020.
What is the lowest pension fund assets to gdp recorded in North Macedonia?
The lowest recorded value was 0.4% in 2006.
How does North Macedonia rank for pension fund assets to gdp?
North Macedonia ranks 44th out of 87 countries with data for 2020.
Is pension fund assets to gdp rising or falling in North Macedonia?
Over the last ten years it is up 372.3%. The long-run trend across the full record is volatile.
Where does this North Macedonia data come from?
The figures come from Nonbanking financial database, World Bank, published as part of Pension fund assets to GDP (%). Statizoid updates them automatically from the source API.

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Pension fund assets to GDP in North Macedonia. Statizoid, drawing on Nonbanking financial database, World Bank. Retrieved 30 August 2026, from https://financial-sector.statizoid.com/stat/pension-fund-assets-to-gdp-percent/north-macedonia/

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About this data

Indicator
Pension fund assets to GDP (%)
Unit
%
Source
Nonbanking financial database, World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
87 places, 1,492 data points, 1990–2020
Last refreshed

Ratio of assets of pension funds to GDP. A pension fund is any plan, fund, or scheme that provides retirement income. Data taken from a variety of sources such as OECD, AIOS, FIAP and national sources.