Net lending (+) / net borrowing (-) (current LCU) in North Macedonia
North Macedonia: Net lending (+) / net borrowing (-) (current LCU) was -41.88 billion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in North Macedonia, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net lending (+) / net borrowing (-) in North Macedonia is -41.88 billion current LCU, measured in 2024.
That represents a change of down 1.2% on the previous year and down 83.1% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in North Macedonia peaked at 7.16 billion current LCU in 2005 and was at its lowest, -53.66 billion current LCU, in 2020.
That places North Macedonia 92nd out of 156 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) (current LCU) in North Macedonia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 7.16 billion current LCU | — |
| 2006 | -482.64 million current LCU | -106.7% |
| 2007 | 940.92 million current LCU | -295.0% |
| 2008 | -4.00 billion current LCU | -525.3% |
| 2009 | -11.13 billion current LCU | +178.2% |
| 2010 | -11.07 billion current LCU | -0.6% |
| 2011 | -12.26 billion current LCU | +10.8% |
| 2012 | -18.35 billion current LCU | +49.7% |
| 2013 | -19.85 billion current LCU | +8.1% |
| 2014 | -22.87 billion current LCU | +15.2% |
| 2015 | -19.93 billion current LCU | -12.8% |
| 2016 | -16.49 billion current LCU | -17.3% |
| 2017 | -17.14 billion current LCU | +3.9% |
| 2018 | -11.60 billion current LCU | -32.3% |
| 2019 | -13.62 billion current LCU | +17.4% |
| 2020 | -53.66 billion current LCU | +294.0% |
| 2021 | -38.70 billion current LCU | -27.9% |
| 2022 | -34.85 billion current LCU | -9.9% |
| 2023 | -41.39 billion current LCU | +18.7% |
| 2024 | -41.88 billion current LCU | +1.2% |
North Macedonia compared with similar countries
- North Macedonia's -41.88 billion current LCU is below the median for upper middle income countries, which is -12.89 billion current LCU, 3.2× the median. (47 countries reporting)
- North Macedonia's -41.88 billion current LCU is below the median for Europe & Central Asia, which is -6.97 billion current LCU, 6.0× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-) (current LCU) in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -525.3% | 940.92 million current LCU | -4.00 billion current LCU |
| 2007 | +295.0% | -482.64 million current LCU | 940.92 million current LCU |
| 2020 | -294.0% | -13.62 billion current LCU | -53.66 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.50 billion current LCU | -11.13 billion current LCU | 7.16 billion current LCU | 5 |
| 2010s | -16.32 billion current LCU | -22.87 billion current LCU | -11.07 billion current LCU | 10 |
| 2020s | -42.09 billion current LCU | -53.66 billion current LCU | -34.85 billion current LCU | 5 |
Countries ranked near North Macedonia
More public sector data for North Macedonia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 9.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.5481 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -80 % change on previous year (2024)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in North Macedonia?
- Net lending (+) / net borrowing (-) in North Macedonia was -41.88 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in North Macedonia?
- The highest recorded value was 7.16 billion current LCU in 2005.
- What is the lowest net lending (+) / net borrowing (-) recorded in North Macedonia?
- The lowest recorded value was -53.66 billion current LCU in 2020.
- How does North Macedonia rank for net lending (+) / net borrowing (-)?
- North Macedonia ranks 92nd out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in North Macedonia?
- Over the last ten years it is down 83.1%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.