North Macedonia: Financial markets development

* indicates monthly or quarterly data series
 North Macedonia

Financial markets development

 Latest value 0.004
 Year 2021
 Measure index points
 Data availability 1992 - 2021
 Average 0.004
 Min - Max 0.002 - 0.008
 Source International Monetary Fund
The latest value from 2021 is 0.004 index points, a decline from 0.005 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for North Macedonia from 1992 to 2021 is 0.004 index points. The minimum value, 0.002 index points, was reached in 1992 while the maximum of 0.008 index points was recorded in 2016. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
North Macedonia - Financial markets development - Recent values chart

Historical series
North Macedonia - Financial markets development - historical chart - 1992-2021




Definition: An index for overall financial markets development based on the three subindexes for depth, access, and efficiency listed on the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Financial development 0.260 2021 index points
 Financial institutions development 0.506 2021 index points
 Financial institutions development, depth 0.230 2021 index points
 Financial institutions development, access 0.513 2021 index points
 Financial institutions development, efficiency 0.686 2021 index points
 Financial markets development 0.004 2021 index points
 Financial markets development, depth 0.011 2021 index points
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