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North Macedonia - Domestic Credit 2024

Name: North Macedonia Domestic Credit 2024
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Domestic credit provided by financial sector as % of GDP · World Bank

73.72% +3.01% from 2023 Global rank: 25th

North Macedonia's domestic credit was 73.72% in 2024, increased +3.01% from 70.71% in 2023. This was the 25th highest globally.

Global Ranking - 2024▾

Domestic Credit by Country - 2024
Rank	Country	Value	YoY
1st	Angola	14.63%	-11.0%
2nd	Azerbaijan	21.01%	2.8%
3rd	Rwanda	24.52%	-6.0%
4th	Nicaragua	26.57%	-5.3%
5th	Guyana	27.72%	-18.4%
6th	Moldova	32.04%	11.8%
7th	Uganda	33.98%	4.7%
8th	Solomon Islands	36.28%	-1.3%
9th	Argentina	39.71%	-49.7%
10th	Kazakhstan	42.15%	5.2%
11th	Guatemala	43.56%	-3.0%
12th	Indonesia	50.10%	-0.5%
13th	Botswana	50.95%	20.7%
14th	Bosnia and Herzegovina	53.93%	4.1%
15th	Samoa	55.47%	-10.1%
16th	Albania	56.36%	2.4%
17th	Dominican Republic	57.69%	6.7%
18th	Türkiye	57.99%	-10.3%
19th	Ecuador	61.79%	1.6%
20th	Mexico	63.01%	7.8%
21st	Kosovo	64.43%	9.1%
22nd	Brunei Darussalam	65.08%	5.0%
23rd	Cabo Verde	69.70%	-7.2%
24th	Georgia	73.02%	5.3%
25th	North Macedonia	73.72%	4.3%
26th	Bhutan	76.62%	-21.9%
27th	Costa Rica	77.27%	0.3%
28th	Armenia	78.77%	15.0%
29th	Honduras	85.23%	1.9%
30th	Maldives	98.10%	0.1%
31st	Tunisia	99.57%	2.3%
32nd	Philippines	99.78%	1.1%
33rd	El Salvador	111.39%	1.0%
34th	Chile	126.53%	-2.7%
35th	Norway	129.75%	1.2%
36th	Fiji	162.82%	-1.2%
37th	Thailand	196.48%	-0.5%
38th	United States	261.30%	2.8%
39th	Japan	371.83%	-2.0%

FAQ

What was North Macedonia's domestic credit in 2024?▾

North Macedonia's domestic credit in 2024 was 73.72%. This ranked 25th globally.

How did North Macedonia's domestic credit change in 2024?▾

North Macedonia's domestic credit increased by 4.3% in 2024 compared to 2023.

Which country had the highest domestic credit in 2024?▾

Japan had the highest domestic credit in 2024 at 371.83%.

What is the domestic credit of North Macedonia in 2024?▾

The domestic credit of North Macedonia in 2024 was 73.72%. This ranked 25th globally.

How does 2024 compare to 2023 for North Macedonia's domestic credit?▾

North Macedonia's domestic credit went from 70.71% in 2023 to 73.72% in 2024, a 4.3% increase.

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