North Macedonia - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in North Macedonia was 54.10 as of 2020. Its highest value over the past 27 years was 56.41 in 1993, while its lowest value was 16.30 in 2001.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

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

See also:

Year Value
1993 56.41
1994 43.11
1995 21.97
1996 25.23
1997 25.92
1998 16.84
1999 19.84
2000 16.95
2001 16.30
2002 16.67
2003 17.56
2004 20.87
2005 22.99
2006 27.69
2007 34.58
2008 41.76
2009 43.87
2010 44.55
2011 45.43
2012 47.62
2013 47.15
2014 49.25
2015 50.94
2016 47.89
2017 48.52
2018 48.72
2019 49.45
2020 54.10

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in North Macedonia was 56.19 as of 2020. Its highest value over the past 8 years was 56.19 in 2020, while its lowest value was 47.65 in 2013.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include 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 48.11
2013 47.65
2014 50.51
2015 52.03
2016 48.98
2017 49.88
2018 50.24
2019 51.27
2020 56.19

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets