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. 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 2021 was between 1.6 billion and 7.1 billion USD. The highest level of the last years at seven billion US Dollar was reached in 2021.

Based on the number of inhabitants, this is a debt of 3,458 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,695 USD.

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Gross debt of the last 19 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 USD25,918 USD
20164.24 bn USD2,045 USD26,261 USD
20174.44 bn USD2,142 USD27,024 USD
20185.11 bn USD2,462 USD28,448 USD
20195.09 bn USD2,450 USD27,168 USD
20206.39 bn USD3,085 USD30,783 USD
20217.14 bn USD3,458 USD33,695 USD

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

      North Macedonia       European Union

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