North Macedonia - Debt Service 2024
14.42%
−2.58% from 2023
North Macedonia's debt service was 14.42% in 2024, decreased +2.58% from 17.00% in 2023. This was the 62nd highest globally.
Global Ranking - 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Iran, Islamic Republic of | 0.28% | -13.8% |
| 2nd | Somalia, Fed. Rep. | 0.66% | -46.6% |
| 3rd | Algeria | 0.80% | 5.4% |
| 4th | Congo, Democratic Republic of | 1.32% | -19.0% |
| 5th | Djibouti | 2.53% | 54.2% |
| 6th | Guyana | 2.89% | 8.9% |
| 7th | Iraq | 2.96% | -25.9% |
| 8th | Timor-Leste | 3.05% | 48.3% |
| 9th | São Tomé and Principe | 3.47% | -31.7% |
| 10th | Solomon Islands | 3.65% | -25.3% |
| 11th | Guinea | 3.73% | 44.7% |
| 12th | Thailand | 4.68% | -60.8% |
| 13th | Botswana | 4.72% | 28.7% |
| 14th | St. Lucia | 4.75% | 1.8% |
| 15th | Grenada | 4.85% | -26.4% |
| 16th | Mali | 6.16% | 11.2% |
| 17th | Vanuatu | 6.51% | 19.3% |
| 18th | Lesotho | 6.89% | -22.8% |
| 19th | Madagascar | 7.17% | 17.6% |
| 20th | Kosovo | 7.18% | 26.8% |
| 21st | Myanmar | 7.39% | 5.6% |
| 22nd | Belize | 7.67% | 4.4% |
| 23rd | Eswatini | 7.67% | -2.4% |
| 24th | Viet Nam | 7.72% | 2.4% |
| 25th | Rwanda | 7.97% | -48.0% |
| 26th | Albania | 8.01% | -6.3% |
| 27th | Gambia, The | 8.14% | 8.7% |
| 28th | Mauritius | 8.48% | 0.4% |
| 29th | China | 8.59% | -27.4% |
| 30th | Tajikistan | 8.76% | -14.9% |
| 31st | Samoa | 9.03% | -12.7% |
| 32nd | Liberia | 9.15% | -5.1% |
| 33rd | Armenia | 9.17% | -48.5% |
| 34th | Maldives | 9.18% | -9.3% |
| 35th | Ghana | 9.44% | -38.3% |
| 36th | Sierra Leone | 9.49% | -15.6% |
| 37th | Mexico | 9.52% | 16.9% |
| 38th | Fiji | 9.54% | 4.8% |
| 39th | Guatemala | 9.56% | -28.1% |
| 40th | Mauritania | 9.67% | 2.7% |
| 41st | St. Vincent and the Grenadines | 10.09% | -9.1% |
| 42nd | Belarus | 10.47% | -35.1% |
| 43rd | India | 10.49% | 3.3% |
| 44th | Cambodia | 10.54% | 9.2% |
| 45th | Malawi | 10.56% | 8.8% |
| 46th | Bosnia and Herzegovina | 10.84% | -19.9% |
| 47th | Paraguay | 11.06% | 15.6% |
| 48th | Bulgaria | 11.09% | 3.3% |
| 49th | Russian Federation | 11.35% | -10.9% |
| 50th | Azerbaijan | 11.39% | 94.2% |
| 51st | Tanzania | 12.09% | -22.3% |
| 52nd | Nepal | 12.39% | 4.4% |
| 53rd | Cabo Verde | 12.62% | -16.8% |
| 54th | Morocco | 12.93% | 40.4% |
| 55th | Guinea-Bissau | 13.26% | -12.1% |
| 56th | Central African Republic | 13.40% | 32.8% |
| 57th | Congo, Republic of | 13.56% | 2.1% |
| 58th | Burkina Faso | 13.60% | 16.6% |
| 59th | Togo | 13.82% | 24.6% |
| 60th | Uganda | 13.94% | -53.5% |
| 61st | Kyrgyz Republic | 13.95% | -49.1% |
| 62nd | North Macedonia | 14.42% | -15.2% |
| 63rd | Philippines | 14.43% | 17.7% |
| 64th | Bangladesh | 15.77% | 25.2% |
| 65th | Ukraine | 15.83% | 29.7% |
| 66th | South Africa | 16.30% | -1.2% |
| 67th | Bhutan | 16.58% | 6.2% |
| 68th | Moldova | 16.62% | -13.0% |
| 69th | Peru | 17.11% | 0.0% |
| 70th | Comoros | 17.34% | 50.3% |
| 71st | Bolivia, Plurinational State of | 17.79% | 25.2% |
| 72nd | Honduras | 18.12% | 5.9% |
| 73rd | Jordan | 18.15% | 11.8% |
| 74th | Niger | 18.97% | 34.5% |
| 75th | Lao PDR | 19.04% | 48.7% |
| 76th | Serbia | 20.97% | 74.2% |
| 77th | Lebanon | 21.05% | -39.0% |
| 78th | Nicaragua | 21.39% | 3.2% |
| 79th | Ecuador | 21.86% | -4.5% |
| 80th | Nigeria | 21.91% | 42.4% |
| 81st | Dominican Republic | 22.04% | 16.4% |
| 82nd | Tonga | 22.82% | 106.6% |
| 83rd | Türkiye | 23.43% | 12.1% |
| 84th | Sri Lanka | 23.71% | 47.5% |
| 85th | Indonesia | 24.69% | 21.7% |
| 86th | Côte d'Ivoire | 24.73% | 23.3% |
| 87th | Tunisia | 26.17% | 8.5% |
| 88th | Georgia | 26.56% | 27.4% |
| 89th | Brazil | 26.74% | -50.1% |
| 90th | Benin | 26.81% | 48.1% |
| 91st | Kenya | 27.22% | 28.9% |
| 92nd | Angola | 28.91% | -13.6% |
| 93rd | Dominica | 29.42% | 29.3% |
| 94th | Montenegro | 29.80% | 55.7% |
| 95th | Zambia | 30.47% | 270.5% |
| 96th | Jamaica | 31.85% | -16.3% |
| 97th | Mongolia | 32.04% | 1.3% |
| 98th | Uzbekistan | 36.04% | 10.5% |
| 99th | Argentina | 38.25% | -25.5% |
| 100th | Pakistan | 39.54% | -9.3% |
| 101st | Senegal | 41.81% | 38.2% |
| 102nd | Colombia | 43.00% | 17.1% |
| 103rd | Papua New Guinea | 43.34% | 2.6% |
| 104th | Mozambique | 46.51% | 0.8% |
| 105th | Kazakhstan | 48.43% | -3.6% |
| 106th | Egypt, Arab Republic of | 49.23% | 62.0% |
| 107th | Haiti | 63.16% | 892.8% |
| 108th | El Salvador | 96.20% | 15.8% |
FAQ
What was North Macedonia's debt service in 2024?▾
North Macedonia's debt service in 2024 was 14.42%. This ranked 62nd globally.
How did North Macedonia's debt service change in 2024?▾
North Macedonia's debt service decreased by 15.2% in 2024 compared to 2023.
Which country had the highest debt service in 2024?▾
El Salvador had the highest debt service in 2024 at 96.20%.
What is the debt service of North Macedonia in 2024?▾
The debt service of North Macedonia in 2024 was 14.42%. This ranked 62nd globally.
How does 2024 compare to 2023 for North Macedonia's debt service?▾
North Macedonia's debt service went from 17.00% in 2023 to 14.42% in 2024, a 15.2% decrease.
Related
2023
2025
All years
Full ranking 2024
External Debt
External Debt to GNI
Short-term Debt
Domestic Credit
Interest Payments to Revenue
Peak: 2013
Lowest: 1996
Debt Service 1990s
Debt Service 2000s
Debt Service 2010s
Debt Service 2020s
Highest ever
Lowest ever
Average
vs Brazil
vs Georgia
vs Turkmenistan
vs Dominica
NATO Debt Service
Global Ranking