North Macedonia: Short-term debt to reserves
* indicates monthly or quarterly data series
| North Macedonia |
Short-term external debt, percent of international reserves |
|---|---|
| Latest value | 47.70 |
| Year | 2022 |
| Measure | percent |
| Data availability | 1993 - 2022 |
| Average | 48.56 |
| Min - Max | 5.41 - 103.23 |
| Source | The World Bank |
The latest value from 2022 is 47.7 percent, an increase from 35.04 percent in 2021. In comparison, the world average is 43.27 percent, based on data from 85 countries. Historically, the average for North Macedonia from 1993 to 2022 is 48.56 percent. The minimum value, 5.41 percent, was reached in 2003 while the maximum of 103.23 percent was recorded in 1993.
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* indicates monthly or quarterly data series
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Definition: Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 87.86 | 2021 | percent |
| Trade openness | 159.10 | 2023 | percent |
| Financial openness | -0.042 | 2021 | index points |
| Exports, percent of GDP | 72.79 | 2023 | percent |
| Exports, billion dollars | 10.75 | 2023 | billion U.S. dollars |
| Growth of exports | -0.13 | 2023 | percent |
| Imports, percent of GDP | 86.31 | 2023 | percent |
| Imports, billion dollars | 12.74 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 6.30 | 2022 | percent |
| Foreign Direct Investment, billion dollars | 0.85 | 2022 | billion U.S. dollars |
| Portfolio investment inflows, equities | -0.48 | 2023 | million dollars (current) |
| Current account, percent of GDP | -6.74 | 2022 | percent |
| Current account, in dollars | 0.10 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | -21.03 | 2022 | percent |
| Trade balance, in dollars | -2.00 | 2023 | billion U.S. dollars |
| Reserves | 5.01 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 3.13 | 2023 | percent |
| Remittances | 462.42 | 2023 | million U.S. dollars |
| Net errors and omissions | 73.35 | 2023 | million USD |
| External debt | 89.26 | 2022 | percent |
| Short-term external debt | 16.98 | 2022 | percent |
| Short-term debt to reserves | 47.70 | 2022 | percent |
| Foreign exchange reserves | 4.41 | 9/2024 | billion |