Interest payments in North Macedonia
North Macedonia: Interest payments was 17.81 billion current LCU in 2024. ◆ Volatile
Interest payments in North Macedonia, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for interest payments in North Macedonia is 17.81 billion current LCU, measured in 2024. That is the highest value across all 20 years on record.
That represents a change of up 37.6% on the previous year and up 249.9% over ten years.
Over the whole period, interest payments in North Macedonia peaked at 17.81 billion current LCU in 2024 and was at its lowest, 2.44 billion current LCU, in 2009.
That places North Macedonia 80th out of 155 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.75 billion current LCU | 2.44 billion current LCU | 3.14 billion current LCU | 5 |
| 2010s | 5.81 billion current LCU | 3.17 billion current LCU | 8.39 billion current LCU | 10 |
| 2020s | 11.40 billion current LCU | 8.03 billion current LCU | 17.81 billion current LCU | 5 |
Countries ranked near North Macedonia
More public sector data for North Macedonia
- Arms imports 1.00 million SIPRI trend indicator values (2024)
- Tax revenue 18.8% (2024)
- Taxes on income, profits and capital gains 17.3% (2024)
- Taxes on goods and services 38.3% (2024)
- Net investment in nonfinancial assets 1.5% (2024)
- Net lending (+) / net borrowing (-) -4.3% (2024)
- Interest payments 5.9% (2024)
- Grants and other revenue 6.2% (2024)
- Interest payments 4.3% (2023)
- Other taxes 0.2% (2024)
Frequently asked questions
- What is interest payments in North Macedonia?
- Interest payments in North Macedonia was 17.81 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in North Macedonia?
- The highest recorded value was 17.81 billion current LCU in 2024.
- What is the lowest interest payments recorded in North Macedonia?
- The lowest recorded value was 2.44 billion current LCU in 2009.
- How does North Macedonia rank for interest payments?
- North Macedonia ranks 80th out of 155 countries with data for 2024.
- Is interest payments rising or falling in North Macedonia?
- Over the last ten years it is up 249.9%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.