Net flows on external debt, private nonguaranteed (PNG) (NFL, current) in North Macedonia
North Macedonia: Net flows on external debt, private nonguaranteed (PNG) (NFL, current) was 541.63 million NFL, current US$ in 2025. ◆ Volatile
Net flows on external debt, private nonguaranteed (PNG) in North Macedonia, 1994–2025
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
North Macedonia recorded 541.63 million NFL, current US$ for net flows on external debt, private nonguaranteed (png) in 2025. That is the highest value across all 30 years on record.
That represents a change of up 185.1% on the previous year and up 172.9% over ten years.
Over the whole period, net flows on external debt, private nonguaranteed (png) in North Macedonia peaked at 541.63 million NFL, current US$ in 2025 and was at its lowest, -239.78 million NFL, current US$, in 2013.
That places North Macedonia 30th out of 94 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net flows on external debt, private nonguaranteed (PNG) (NFL, current) in North Macedonia, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1994 | -14.99 million NFL, current US$ | — |
| 1997 | -6.67 million NFL, current US$ | -55.5% |
| 1998 | 66.59 million NFL, current US$ | -1099.1% |
| 1999 | -4.59 million NFL, current US$ | -106.9% |
| 2000 | 5.01 million NFL, current US$ | -209.1% |
| 2001 | 49.39 million NFL, current US$ | +885.0% |
| 2002 | 35.92 million NFL, current US$ | -27.3% |
| 2003 | -6.98 million NFL, current US$ | -119.4% |
| 2004 | 28.48 million NFL, current US$ | -508.0% |
| 2005 | -60.09 million NFL, current US$ | -311.0% |
| 2006 | 171.84 million NFL, current US$ | -386.0% |
| 2007 | 208.50 million NFL, current US$ | +21.3% |
| 2008 | 401.70 million NFL, current US$ | +92.7% |
| 2009 | 398.67 million NFL, current US$ | -0.8% |
| 2010 | 71.88 million NFL, current US$ | -82.0% |
| 2011 | -73.44 million NFL, current US$ | -202.2% |
| 2012 | 33.32 million NFL, current US$ | -145.4% |
| 2013 | -239.78 million NFL, current US$ | -819.6% |
| 2014 | 48.15 million NFL, current US$ | -120.1% |
| 2015 | 198.44 million NFL, current US$ | +312.1% |
| 2016 | 377.07 million NFL, current US$ | +90.0% |
| 2017 | 409.89 million NFL, current US$ | +8.7% |
| 2018 | -61.47 million NFL, current US$ | -115.0% |
| 2019 | 164.90 million NFL, current US$ | -368.2% |
| 2020 | 278.69 million NFL, current US$ | +69.0% |
| 2021 | 375.02 million NFL, current US$ | +34.6% |
| 2022 | 99.85 million NFL, current US$ | -73.4% |
| 2023 | 147.83 million NFL, current US$ | +48.1% |
| 2024 | 189.98 million NFL, current US$ | +28.5% |
| 2025 | 541.63 million NFL, current US$ | +185.1% |
North Macedonia compared with similar countries
- North Macedonia's 541.63 million NFL, current US$ is above the median for upper middle income countries, which is -6.12 million NFL, current US$. (44 countries reporting)
- North Macedonia's 541.63 million NFL, current US$ is above the median for Europe & Central Asia, which is 103.09 million NFL, current US$, 5.3× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.08 million NFL, current US$ | -14.99 million NFL, current US$ | 66.59 million NFL, current US$ | 4 |
| 2000s | 123.24 million NFL, current US$ | -60.09 million NFL, current US$ | 401.70 million NFL, current US$ | 10 |
| 2010s | 92.89 million NFL, current US$ | -239.78 million NFL, current US$ | 409.89 million NFL, current US$ | 10 |
| 2020s | 272.17 million NFL, current US$ | 99.85 million NFL, current US$ | 541.63 million NFL, current US$ | 6 |
Countries ranked near North Macedonia
- 27 Tanzania 588.63 million NFL, current US$ compare
- 28 Bangladesh 578.14 million NFL, current US$ compare
- 29 Belarus 570.22 million NFL, current US$ compare
- 31 Mongolia 491.52 million NFL, current US$ compare
- 32 Rwanda 478.13 million NFL, current US$ compare
- 33 Armenia 476.24 million NFL, current US$ compare
More external debt data for North Macedonia
- Net financial flows, IBRD -25.39 million NFL, current US$ (2025)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), per capita -8.84 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.001 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre -645.08 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 552.63 million DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 6.18 billion DOD, current US$ (2025)
- External debt stocks, long-term 10.04 billion DOD, current US$ (2025)
Frequently asked questions
- What is net flows on external debt, private nonguaranteed (png) in North Macedonia?
- Net flows on external debt, private nonguaranteed (png) in North Macedonia was 541.63 million NFL, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest net flows on external debt, private nonguaranteed (png) recorded in North Macedonia?
- The highest recorded value was 541.63 million NFL, current US$ in 2025.
- What is the lowest net flows on external debt, private nonguaranteed (png) recorded in North Macedonia?
- The lowest recorded value was -239.78 million NFL, current US$ in 2013.
- How does North Macedonia rank for net flows on external debt, private nonguaranteed (png)?
- North Macedonia ranks 30th out of 94 countries with data for 2025.
- Is net flows on external debt, private nonguaranteed (png) rising or falling in North Macedonia?
- Over the last ten years it is up 172.9%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.