Secondary income balance (credit less debit), Net (credits less) in North Macedonia
North Macedonia: Secondary income balance (credit less debit), Net (credits less) was 2.70 billion in 2024. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in North Macedonia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for secondary income balance (credit less debit), net (credits less) in North Macedonia is 2.70 billion, measured in 2024.
That represents a change of down 7.4% on the previous year and up 27.3% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in North Macedonia peaked at 2.92 billion in 2023 and was at its lowest, 1.04 billion, in 2005.
North Macedonia ranks 43rd of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.04 billion | — |
| 2006 | 1.23 billion | +17.4% |
| 2007 | 1.37 billion | +12.0% |
| 2008 | 1.45 billion | +5.4% |
| 2009 | 1.59 billion | +10.2% |
| 2010 | 1.79 billion | +12.3% |
| 2011 | 2.07 billion | +15.4% |
| 2012 | 2.08 billion | +0.8% |
| 2013 | 2.06 billion | -1.3% |
| 2014 | 2.12 billion | +3.2% |
| 2015 | 1.78 billion | -16.3% |
| 2016 | 1.77 billion | -0.3% |
| 2017 | 1.97 billion | +11.2% |
| 2018 | 2.16 billion | +9.8% |
| 2019 | 2.01 billion | -7.0% |
| 2020 | 1.69 billion | -15.8% |
| 2021 | 2.39 billion | +41.5% |
| 2022 | 2.62 billion | +9.2% |
| 2023 | 2.92 billion | +11.5% |
| 2024 | 2.70 billion | -7.4% |
North Macedonia compared with similar countries
- North Macedonia's 2.70 billion is above the median for upper middle income countries, which is 975.41 million, 2.8× the median. (54 countries reporting)
- North Macedonia's 2.70 billion is above the median for Europe & Central Asia, which is -31.75 million. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.34 billion | 1.04 billion | 1.59 billion | 5 |
| 2010s | 1.98 billion | 1.77 billion | 2.16 billion | 10 |
| 2020s | 2.46 billion | 1.69 billion | 2.92 billion | 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 secondary income balance (credit less debit), net (credits less) in North Macedonia?
- Secondary income balance (credit less debit), net (credits less) in North Macedonia was 2.70 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in North Macedonia?
- The highest recorded value was 2.92 billion in 2023.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in North Macedonia?
- The lowest recorded value was 1.04 billion in 2005.
- How does North Macedonia rank for secondary income balance (credit less debit), net (credits less)?
- North Macedonia ranks 43rd out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in North Macedonia?
- Over the last ten years it is up 27.3%. 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 Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.