Broad money to total reserves ratio (United Nations) in North Macedonia
North Macedonia: Broad money to total reserves ratio (United Nations) was 1.95 in 2024. ▲ Rising
Broad money to total reserves ratio in North Macedonia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
North Macedonia recorded 1.95 for broad money to total reserves ratio in 2024.
Compared with earlier readings it is up 5.4% on the previous year and down 4.8% over ten years.
Over the whole period, broad money to total reserves ratio in North Macedonia peaked at 2.25 in 2008 and was at its lowest, 1.35, in 2002.
That places North Macedonia 131st out of 164 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Broad money to total reserves ratio (United Nations) in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.47 | — |
| 2001 | 1.37 | -7.0% |
| 2002 | 1.35 | -1.7% |
| 2003 | 1.6 | +18.6% |
| 2004 | 1.93 | +20.8% |
| 2005 | 1.66 | -14.2% |
| 2006 | 1.48 | -10.6% |
| 2007 | 1.75 | +18.3% |
| 2008 | 2.25 | +28.2% |
| 2009 | 2 | -11.0% |
| 2010 | 2.13 | +6.4% |
| 2011 | 2.08 | -2.3% |
| 2012 | 1.82 | -12.2% |
| 2013 | 2.03 | +11.5% |
| 2014 | 2.05 | +0.9% |
| 2015 | 2.22 | +8.0% |
| 2016 | 2.1 | -5.2% |
| 2017 | 2.2 | +4.7% |
| 2018 | 2.18 | -0.8% |
| 2019 | 2.01 | -7.7% |
| 2020 | 1.95 | -3.1% |
| 2021 | 2.21 | +13.0% |
| 2022 | 2.07 | -6.1% |
| 2023 | 1.85 | -10.5% |
| 2024 | 1.95 | +5.4% |
North Macedonia compared with similar countries
- North Macedonia's 1.95 is below the median for upper middle income countries, which is 2.8, 70% of the median. (52 countries reporting)
- North Macedonia's 1.95 is below the median for Europe & Central Asia, which is 2.15, 91% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.69 | 1.35 | 2.25 | 10 |
| 2010s | 2.08 | 1.82 | 2.22 | 10 |
| 2020s | 2.01 | 1.85 | 2.21 | 5 |
Countries ranked near North Macedonia
More infrastructure data for North Macedonia
- Mobile cellular subscriptions 1.98 million (2024)
- Mobile cellular subscriptions 108.39 per 100 people (2024)
- Fixed telephone subscriptions 456,183 (2024)
- Fixed telephone subscriptions 25.02 per 100 people (2024)
- Fixed telephone subscriptions, per capita 0.2501 units per person (2024)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Fixed telephone subscriptions, annual growth rate 1.79 % change on previous year (2024)
- Fixed telephone subscriptions, gaps filled 456,183 (2024)
- Mobile cellular subscriptions, per capita 1.08 units per person (2024)
- Mobile cellular subscriptions, per unit of GDP 0.0001 units per US$ of GDP (2024)
Frequently asked questions
- What is broad money to total reserves ratio in North Macedonia?
- Broad money to total reserves ratio in North Macedonia was 1.95 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest broad money to total reserves ratio recorded in North Macedonia?
- The highest recorded value was 2.25 in 2008.
- What is the lowest broad money to total reserves ratio recorded in North Macedonia?
- The lowest recorded value was 1.35 in 2002.
- How does North Macedonia rank for broad money to total reserves ratio?
- North Macedonia ranks 131st out of 164 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in North Macedonia?
- Over the last ten years it is down 4.8%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
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