North Macedonia: Small firms with bank credit

* indicates monthly or quarterly data series
 North Macedonia

Small firms with bank credit, percent of all small firms

 Latest value 37.10
 Year 2019
 Measure percent
 Data availability 2009 - 2019
 Average 45.17
 Min - Max 37.10 - 58.20
 Source The World Bank
The latest value from 2019 is 37.1 percent, a decline from 40.2 percent in 2013. In comparison, the world average is 30.43 percent, based on data from 38 countries. Historically, the average for North Macedonia from 2009 to 2019 is 45.17 percent. The minimum value, 37.1 percent, was reached in 2019 while the maximum of 58.2 percent was recorded in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
North Macedonia - Small firms with bank credit - Recent values chart




Definition: Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.

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 Related indicators Latest Reference Measure
 ATMs per 100,000 adults 56.69 2021 ATMs per 100,000 adults
 Bank accounts per 1000 adults 1,076.59 2021 bank accounts
 Bank branches per 100,000 people 22.42 2021 bank branches
 Firms using credit to finance investment 35.40 2019 percent
 Small firms with bank credit 37.10 2019 percent
 Percent people with credit cards 22.20 2021 percent
 Percent people with debit cards 52.63 2021 percent
 Domestic credit to the private sector 56.88 2020 percent
 Bank credit to the private sector 49.76 2023 percent
 Liquid liabilities, percent of GDP 64.86 2021 percent
 Bank assets to GDP 64.73 2021 percent
 Financial system deposits, percent of GDP 58.40 2021 percent
 Bank credit to government 11.12 2020 percent
 Banking system concentration 97.39 2021 percent
 Foreign bank assets 68.00 2013 percent of total bank assets
 Percent people with bank accounts 85.29 2021 percent
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