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Public and publicly guaranteed debt service in North Macedonia

North Macedonia: Public and publicly guaranteed debt service was 6.0% in 2024. ▼ Falling

Latest (2024)
6.0%
Change on year
down 27.1%
World rank
62nd
of 120 countries
All-time high
14.4%
in 2002
All-time low
2.9%
in 2008
Years of data
29
1996–2024

Public and publicly guaranteed debt service in North Macedonia, 1996–2024

2.557.51012.5151996201020241996: 4.6 % of exports of goods, services and primary income1997: 9.4 % of exports of goods, services and primary income1998: 9.5 % of exports of goods, services and primary income1999: 7 % of exports of goods, services and primary income2000: 4.7 % of exports of goods, services and primary income2001: 13.1 % of exports of goods, services and primary income2002: 14.4 % of exports of goods, services and primary income2003: 9.5 % of exports of goods, services and primary income2004: 6.8 % of exports of goods, services and primary income2005: 5.6 % of exports of goods, services and primary income2006: 13.4 % of exports of goods, services and primary income2007: 9 % of exports of goods, services and primary income2008: 2.9 % of exports of goods, services and primary income2009: 4.2 % of exports of goods, services and primary income2010: 4.1 % of exports of goods, services and primary income2011: 3.7 % of exports of goods, services and primary income2012: 5.2 % of exports of goods, services and primary income2013: 10.6 % of exports of goods, services and primary income2014: 4.4 % of exports of goods, services and primary income2015: 8 % of exports of goods, services and primary income2016: 7.1 % of exports of goods, services and primary income2017: 5.8 % of exports of goods, services and primary income2018: 6.6 % of exports of goods, services and primary income2019: 4.2 % of exports of goods, services and primary income2020: 10 % of exports of goods, services and primary income2021: 10.2 % of exports of goods, services and primary income2022: 3.4 % of exports of goods, services and primary income2023: 8.2 % of exports of goods, services and primary income2024: 6 % of exports of goods, services and primary income

Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.

Analysis

North Macedonia recorded 6.0% for public and publicly guaranteed debt service in 2024.

That represents a change of down 27.1% on the previous year and up 34.9% over ten years.

Over the whole period, public and publicly guaranteed debt service in North Macedonia peaked at 14.4% in 2002 and was at its lowest, 2.9%, in 2008.

North Macedonia ranks 62nd of 120 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 29 years of available data.

Public and publicly guaranteed debt service in North Macedonia, year by year

Year % of exports of goods, services and primary income Change
1996 4.6% —
1997 9.4% +103.8%
1998 9.5% +0.6%
1999 7.0% -26.0%
2000 4.7% -33.2%
2001 13.1% +179.0%
2002 14.4% +9.8%
2003 9.5% -33.6%
2004 6.8% -28.8%
2005 5.6% -17.9%
2006 13.4% +140.2%
2007 9.0% -32.7%
2008 2.9% -67.5%
2009 4.2% +45.1%
2010 4.1% -4.1%
2011 3.7% -9.3%
2012 5.2% +40.0%
2013 10.6% +104.5%
2014 4.4% -58.2%
2015 8.0% +80.1%
2016 7.1% -11.5%
2017 5.8% -17.1%
2018 6.6% +12.4%
2019 4.2% -36.1%
2020 10.0% +139.1%
2021 10.2% +1.9%
2022 3.4% -67.2%
2023 8.2% +144.3%
2024 6.0% -27.1%

North Macedonia compared with similar countries

  • North Macedonia's 6.0% is below the median for upper middle income countries, which is 7.4%, 81% of the median. (51 countries reporting)
  • North Macedonia's 6.0% is above the median for Europe & Central Asia, which is 5.0%, 1.2× the median. (19 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 7.6% 4.6% 9.5% 4
2000s 8.4% 2.9% 14.4% 10
2010s 6.0% 3.7% 10.6% 10
2020s 7.6% 3.4% 10.2% 5

Countries ranked near North Macedonia

  1. 59 Comoros 6.4% compare
  2. 60 Congo 6.3% compare
  3. 61 Nigeria 6.3% compare
  4. 63 Kazakhstan 5.8% compare
  5. 64 Suriname 5.8% compare
  6. 65 Rwanda 5.7% compare

See the full ranking of 152 places →

More external debt data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is public and publicly guaranteed debt service in North Macedonia?
Public and publicly guaranteed debt service in North Macedonia was 6.0% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest public and publicly guaranteed debt service recorded in North Macedonia?
The highest recorded value was 14.4% in 2002.
What is the lowest public and publicly guaranteed debt service recorded in North Macedonia?
The lowest recorded value was 2.9% in 2008.
How does North Macedonia rank for public and publicly guaranteed debt service?
North Macedonia ranks 62nd out of 120 countries with data for 2024.
Is public and publicly guaranteed debt service rising or falling in North Macedonia?
Over the last ten years it is up 34.9%. The long-run trend across the full record is falling.
Where does this North Macedonia data come from?
The figures come from International Debt Statistics, World Bank (WB), published as part of Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.

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Public and publicly guaranteed debt service in North Macedonia. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 18 September 2026, from https://debt.statizoid.com/stat/public-and-publicly-guaranteed-debt-service-percent-of-exports-of-goods-services-and/north-macedonia/

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About this data

Indicator
Public and publicly guaranteed debt service (% of exports of goods, services and primary income)
Unit
% of exports of goods, services and primary income
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 5,881 data points, 1970–2024
Last refreshed

Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.