North Macedonia - Domestic credit provided by banking sector

Domestic credit provided by financial sector (% of GDP)

Domestic credit provided by financial sector (% of GDP) in North Macedonia was 71.87 as of 2020. Its highest value over the past 8 years was 71.87 in 2020, while its lowest value was 53.09 in 2012.

Definition: Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2012 53.09
2013 54.71
2014 55.56
2015 60.85
2016 56.66
2017 60.33
2018 58.68
2019 62.32
2020 71.87

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets