North Macedonia: Private sector credit
* indicates monthly or quarterly data series
The most recent value is 431.73 billion Macedonian Denar as of September 2023, an increase compared to the previous value of 429.81 billion Macedonian Denar. Historically, the average for North Macedonia from December 2003 to September 2023 is 231.72 billion Macedonian Denar. The minimum of 46.11 billion Macedonian Denar was recorded in December 2003, while the maximum of 431.73 billion Macedonian Denar was reached in September 2023.
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* indicates monthly or quarterly data series
- Measure: billion Macedonian Denar
- Source: National Bank of the Republic of Macedonia
| Recent values | North Macedonia: Private sector credit, billion currency units |
|---|---|
| 2023 Sep | 431.73 |
| 2023 Aug | 429.81 |
| 2023 Jul | 428.56 |
| 2023 Jun | 429.44 |
| 2023 May | 424.88 |
| 2023 Apr | 420.86 |
| 2023 Mar | 418.21 |
| 2023 Feb | 415.58 |
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Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 9.4 | 2023 | percent |
| Exchange rate regimes | 6 | 2022 | index points |
| USD exchange rate | 58.7450 | 12/2024 | Local Currency Units per USD |
| Money supply (broad money) | 306.45 | 9/2024 | billion |
| Consumer Price Index (CPI) | 146.0300 | 12/2024 | index points |
| Inflation, monthly | -0.08 | 12/2024 | percent |
| Inflation, annual | 5.65 | 12/2024 | percent |
| Private sector credit | 431.73 | 9/2023 | billion |
| Business credit | 209.15 | 1/2024 | billion |
| Household credit | 225.54 | 9/2023 | billion |
| Mortgage credit | 81.25 | 9/2023 | billion |
| Consumer credit | 144.29 | 9/2023 | billion |
| Deposit interest rate | 2.46 | 8/2024 | percent |
| Business credit interest rate | 5.10 | 8/2024 | percent |
| Mortgage credit interest rate | 4.00 | 8/2024 | percent |
| Policy rate | 5.80 | 11/2024 | percent |