Public and publicly guaranteed debt service (% of GNI) in North Macedonia
North Macedonia: Public and publicly guaranteed debt service (% of GNI) was 4.0% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in North Macedonia, 1993–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
North Macedonia recorded 4.0% for public and publicly guaranteed debt service in 2024.
The figure is down 32.9% on the previous year and up 78.0% over ten years.
Over the whole period, public and publicly guaranteed debt service in North Macedonia peaked at 7.2% in 2021 and was at its lowest, 0.3%, in 1993.
North Macedonia ranks 28th of 123 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service (% of GNI) in North Macedonia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1993 | 0.3% | — |
| 1994 | 3.9% | +1208.5% |
| 1995 | 0.6% | -84.5% |
| 1996 | 1.1% | +81.4% |
| 1997 | 2.4% | +121.7% |
| 1998 | 2.6% | +8.5% |
| 1999 | 2.1% | -22.0% |
| 2000 | 1.5% | -27.5% |
| 2001 | 3.8% | +154.7% |
| 2002 | 3.7% | -1.4% |
| 2003 | 2.7% | -29.2% |
| 2004 | 2.1% | -20.6% |
| 2005 | 2.0% | -5.8% |
| 2006 | 5.3% | +164.4% |
| 2007 | 4.3% | -17.4% |
| 2008 | 1.4% | -68.8% |
| 2009 | 1.4% | +6.8% |
| 2010 | 1.7% | +15.5% |
| 2011 | 1.8% | +7.8% |
| 2012 | 2.5% | +36.4% |
| 2013 | 4.9% | +100.7% |
| 2014 | 2.2% | -54.7% |
| 2015 | 4.1% | +85.7% |
| 2016 | 3.9% | -7.1% |
| 2017 | 3.4% | -10.6% |
| 2018 | 4.2% | +22.1% |
| 2019 | 2.8% | -33.9% |
| 2020 | 6.2% | +122.9% |
| 2021 | 7.2% | +15.5% |
| 2022 | 2.6% | -63.9% |
| 2023 | 5.9% | +129.3% |
| 2024 | 4.0% | -32.9% |
North Macedonia compared with similar countries
- North Macedonia's 4.0% is above the median for upper middle income countries, which is 2.9%, 1.4× the median. (52 countries reporting)
- North Macedonia's 4.0% is above the median for Europe & Central Asia, which is 2.1%, 1.9× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Public and publicly guaranteed debt service (% of GNI) in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +1208.5% | 0.3% | 3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.9% | 0.3% | 3.9% | 7 |
| 2000s | 2.8% | 1.4% | 5.3% | 10 |
| 2010s | 3.2% | 1.7% | 4.9% | 10 |
| 2020s | 5.2% | 2.6% | 7.2% | 5 |
Countries ranked near North Macedonia
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 public and publicly guaranteed debt service in North Macedonia?
- Public and publicly guaranteed debt service in North Macedonia was 4.0% 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 7.2% in 2021.
- What is the lowest public and publicly guaranteed debt service recorded in North Macedonia?
- The lowest recorded value was 0.3% in 1993.
- How does North Macedonia rank for public and publicly guaranteed debt service?
- North Macedonia ranks 28th out of 123 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 78.0%. 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 Public and publicly guaranteed debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.