Use of IMF credit in North Macedonia
North Macedonia: Use of IMF credit was 572.00 million DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in North Macedonia, 1993–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for use of imf credit in North Macedonia is 572.00 million DOD, current US$, measured in 2024. That is the highest value across all 32 years on record.
That represents a change of up 9.5% on the previous year and up 109.2% over ten years.
Over the whole period, use of imf credit in North Macedonia peaked at 572.00 million DOD, current US$ in 2024 and was at its lowest, 3.86 million DOD, current US$, in 1993.
That places North Macedonia 79th out of 123 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Use of IMF credit in North Macedonia, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1993 | 3.86 million DOD, current US$ | — |
| 1994 | 20.48 million DOD, current US$ | +430.7% |
| 1995 | 56.62 million DOD, current US$ | +176.5% |
| 1996 | 68.15 million DOD, current US$ | +20.4% |
| 1997 | 88.09 million DOD, current US$ | +29.3% |
| 1998 | 102.40 million DOD, current US$ | +16.2% |
| 1999 | 113.21 million DOD, current US$ | +10.6% |
| 2000 | 92.11 million DOD, current US$ | -18.6% |
| 2001 | 81.32 million DOD, current US$ | -11.7% |
| 2002 | 78.78 million DOD, current US$ | -3.1% |
| 2003 | 80.80 million DOD, current US$ | +2.6% |
| 2004 | 75.56 million DOD, current US$ | -6.5% |
| 2005 | 74.14 million DOD, current US$ | -1.9% |
| 2006 | 68.27 million DOD, current US$ | -7.9% |
| 2007 | 13.24 million DOD, current US$ | -80.6% |
| 2008 | 12.91 million DOD, current US$ | -2.5% |
| 2009 | 102.87 million DOD, current US$ | +697.0% |
| 2010 | 101.05 million DOD, current US$ | -1.8% |
| 2011 | 403.19 million DOD, current US$ | +299.0% |
| 2012 | 403.62 million DOD, current US$ | +0.1% |
| 2013 | 404.43 million DOD, current US$ | +0.2% |
| 2014 | 273.45 million DOD, current US$ | -32.4% |
| 2015 | 90.93 million DOD, current US$ | -66.7% |
| 2016 | 88.21 million DOD, current US$ | -3.0% |
| 2017 | 93.45 million DOD, current US$ | +5.9% |
| 2018 | 91.26 million DOD, current US$ | -2.3% |
| 2019 | 90.74 million DOD, current US$ | -0.6% |
| 2020 | 296.58 million DOD, current US$ | +226.9% |
| 2021 | 476.40 million DOD, current US$ | +60.6% |
| 2022 | 565.03 million DOD, current US$ | +18.6% |
| 2023 | 522.57 million DOD, current US$ | -7.5% |
| 2024 | 572.00 million DOD, current US$ | +9.5% |
North Macedonia compared with similar countries
- North Macedonia's 572.00 million DOD, current US$ is below the median for upper middle income countries, which is 1.00 billion DOD, current US$, 57% of the median. (52 countries reporting)
- North Macedonia's 572.00 million DOD, current US$ is below the median for Europe & Central Asia, which is 840.75 million DOD, current US$, 68% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Use of IMF credit in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +697.0% | 12.91 million DOD, current US$ | 102.87 million DOD, current US$ |
| 1994 | +430.7% | 3.86 million DOD, current US$ | 20.48 million DOD, current US$ |
| 2011 | +299.0% | 101.05 million DOD, current US$ | 403.19 million DOD, current US$ |
| 2020 | +226.9% | 90.74 million DOD, current US$ | 296.58 million DOD, current US$ |
| 1995 | +176.5% | 20.48 million DOD, current US$ | 56.62 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 64.69 million DOD, current US$ | 3.86 million DOD, current US$ | 113.21 million DOD, current US$ | 7 |
| 2000s | 68.00 million DOD, current US$ | 12.91 million DOD, current US$ | 102.87 million DOD, current US$ | 10 |
| 2010s | 204.03 million DOD, current US$ | 88.21 million DOD, current US$ | 404.43 million DOD, current US$ | 10 |
| 2020s | 486.52 million DOD, current US$ | 296.58 million DOD, current US$ | 572.00 million DOD, current US$ | 5 |
Countries ranked near North Macedonia
- 76 Burkina Faso 656.22 million DOD, current US$ compare
- 77 Mauritania 639.10 million DOD, current US$ compare
- 78 Nicaragua 600.43 million DOD, current US$ compare
- 80 Haiti 559.22 million DOD, current US$ compare
- 81 Suriname 548.26 million DOD, current US$ compare
- 82 Bolivia 514.16 million DOD, current US$ compare
More external debt data for North Macedonia
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- 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)
- Public and publicly guaranteed debt service 4.0% (2024)
- Net financial flows, IDA -16.12 million NFL, current US$ (2024)
- 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, IBRD -30.68 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 6.0% (2024)
Frequently asked questions
- What is use of imf credit in North Macedonia?
- Use of imf credit in North Macedonia was 572.00 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in North Macedonia?
- The highest recorded value was 572.00 million DOD, current US$ in 2024.
- What is the lowest use of imf credit recorded in North Macedonia?
- The lowest recorded value was 3.86 million DOD, current US$ in 1993.
- How does North Macedonia rank for use of imf credit?
- North Macedonia ranks 79th out of 123 countries with data for 2024.
- Is use of imf credit rising or falling in North Macedonia?
- Over the last ten years it is up 109.2%. 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 Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.