Total debt service in North Macedonia

North Macedonia: Total debt service was 11.6% in 2023. ▲ Rising

Latest (2023)
11.6%
Change on year
up 42.8%
World rank
14th
of 119 countries
All-time high
12.3%
in 2013
All-time low
0.6%
in 1993
Years of data
31
1993–2023

Total debt service in North Macedonia, 1993–2023

02.557.51012.51993200820231993: 0.615 % of GNI1994: 4.4 % of GNI1995: 0.677 % of GNI1996: 1.3 % of GNI1997: 3.1 % of GNI1998: 4.3 % of GNI1999: 4.2 % of GNI2000: 3.7 % of GNI2001: 5.3 % of GNI2002: 6 % of GNI2003: 5 % of GNI2004: 5 % of GNI2005: 4.5 % of GNI2006: 8.3 % of GNI2007: 8.9 % of GNI2008: 4.7 % of GNI2009: 5.7 % of GNI2010: 6.7 % of GNI2011: 9.3 % of GNI2012: 7.3 % of GNI2013: 12.3 % of GNI2014: 8.7 % of GNI2015: 11.2 % of GNI2016: 8.8 % of GNI2017: 8.5 % of GNI2018: 11 % of GNI2019: 6.4 % of GNI2020: 10.2 % of GNI2021: 11.5 % of GNI2022: 8.1 % of GNI2023: 11.6 % of GNI

Source: UNESCO Institute for Statistics. Measured in % of GNI.

Analysis

North Macedonia recorded 11.6% for total debt service in 2023.

Compared with earlier readings it is up 42.8% on the previous year and down 5.8% over ten years.

Over the whole period, total debt service in North Macedonia peaked at 12.3% in 2013 and was at its lowest, 0.6%, in 1993.

That places North Macedonia 14th out of 119 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently rising across the 31 years of available data.

Total debt service in North Macedonia, year by year

Annual values for Total debt service (% of GNI) in North Macedonia, 1993 to 2023.
Year % of GNI Change
1993 0.6%
1994 4.4% +621.5%
1995 0.7% -84.7%
1996 1.3% +90.3%
1997 3.1% +140.9%
1998 4.3% +37.2%
1999 4.2% -1.8%
2000 3.7% -10.4%
2001 5.3% +42.1%
2002 6.0% +13.0%
2003 5.0% -17.1%
2004 5.0% -0.0%
2005 4.5% -10.5%
2006 8.3% +84.9%
2007 8.9% +7.6%
2008 4.7% -47.4%
2009 5.7% +22.7%
2010 6.7% +17.3%
2011 9.3% +37.8%
2012 7.3% -21.0%
2013 12.3% +67.8%
2014 8.7% -29.6%
2015 11.2% +29.8%
2016 8.8% -21.8%
2017 8.5% -3.4%
2018 11.0% +29.1%
2019 6.4% -41.4%
2020 10.2% +58.2%
2021 11.5% +13.3%
2022 8.1% -29.6%
2023 11.6% +42.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.7% 0.6% 4.4% 7
2000s 5.7% 3.7% 8.9% 10
2010s 9.0% 6.4% 12.3% 10
2020s 10.3% 8.1% 11.6% 4

Countries ranked near North Macedonia

  1. 11 Mauritius 12.6% compare
  2. 12 Georgia 12.5% compare
  3. 13 Armenia 11.8% compare
  4. 15 Belarus 11.3% compare
  5. 16 Brazil 10.7% compare
  6. 17 Tunisia 10.5% compare

See the full ranking of 119 places →

More population data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is total debt service in North Macedonia?
Total debt service in North Macedonia was 11.6% in 2023, according to UNESCO Institute for Statistics.
What is the highest total debt service recorded in North Macedonia?
The highest recorded value was 12.3% in 2013.
What is the lowest total debt service recorded in North Macedonia?
The lowest recorded value was 0.6% in 1993.
How does North Macedonia rank for total debt service?
North Macedonia ranks 14th out of 119 countries with data for 2023.
Is total debt service rising or falling in North Macedonia?
Over the last ten years it is down 5.8%. The long-run trend across the full record is rising.
Where does this North Macedonia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.

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Total debt service in North Macedonia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 29 August 2026, from https://population.statizoid.com/stat/total-debt-service-percent-of-gni-2/north-macedonia/

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About this data

Indicator
Total debt service (% of GNI)
Unit
% of GNI
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
119 places, 5,373 data points, 1970–2023
Last refreshed

February 2026 Data Release