household debts in North Macedonia

Gross debt in North Macedonia

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.
The gross debt in North Macedonia in the period from 2002 to 2020 was between 1.6 billion and 6.2 billion USD. The highest level of the last years at six billion US Dollar was reached in 2020.
Based on the number of inhabitants, this is in North Macedonia a debt of 2,987 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,798 USD.
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Gross debt of the last 18 years in billion USD

YearNorth Macedonia totalNorth Macedonia per capitaEU per capita
20021.59 bn USD787 USD12,258 USD
20031.77 bn USD871 USD15,286 USD
20041.93 bn USD948 USD17,595 USD
20052.25 bn USD1,106 USD18,327 USD
20062.04 bn USD1,002 USD18,877 USD
20071.91 bn USD933 USD20,898 USD
20081.98 bn USD967 USD24,086 USD
20092.18 bn USD1,061 USD25,361 USD
20102.23 bn USD1,084 USD26,496 USD
20112.87 bn USD1,396 USD29,231 USD
20123.24 bn USD1,574 USD28,174 USD
20133.66 bn USD1,773 USD29,981 USD
20144.31 bn USD2,084 USD30,648 USD
20153.81 bn USD1,841 USD25,920 USD
20164.24 bn USD2,045 USD26,262 USD
20174.44 bn USD2,142 USD27,025 USD
20185.11 bn USD2,462 USD28,454 USD
20195.11 bn USD2,462 USD27,178 USD
20206.19 bn USD2,987 USD30,798 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      North Macedonia       European Union

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