Formal & Mobile Money Borrowing Statistics in North Macedonia (2026)
25.8% of adults in North Macedonia borrowed from a formal financial institution or using a mobile money account in 2024, World Bank Global Findex data show. Up from 22.1% in 2021 to 25.8% in 2024 (+3.7 percentage points). North Macedonia ranks #27 of 46 economies in Europe & Central Asia on this measure, and #47 of 142 globally.
Key Statistics
- Latest value (2024)
- 25.8% (2024)
- Formal & Mobile Money Borrowing in North Macedonia as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +3.7 pp (2024)
- Up from 22.1% in 2021 to 25.8% in 2024 (+3.7 percentage points).
- Earliest value in this dataset (2014)
- 25.1% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 25.1% in 2014 to 25.8% in 2024.
- Record high (2024)
- 25.8% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for North Macedonia.
- Rank in Europe & Central Asia
- #27 of 46 (2024)
- North Macedonia ranks 27 of 46 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #47 of 142 (2024)
- North Macedonia ranks 47 of 142 countries with data globally.
- Europe & Central Asia average
- 33.4% (2024)
- North Macedonia (25.8%) is below the average of 33.4% across the 46 countries in Europe & Central Asia with data.
- Borrowed from a formal bank or similar financial institution (% age 15+) (2024)
- 25.8% (2024)
- Related indicator from World Bank Global Findex.
- Internet use in North Macedonia (2025)
- 93.1% (2025)
- 93.1% of the population in North Macedonia used the internet in 2025 (World Bank); shown for context only.
- Population (2024)
- 1.8 million (2024)
- North Macedonia had a population of 1.8 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 25.8% | +3.7 pp |
| 2021 | 22.1% | +1.6 pp |
| 2017 | 20.5% | −4.6 pp |
| 2014 | 25.1% | — |
Frequently asked questions
What share of adults in North Macedonia borrowed from a formal financial institution or using a mobile money account?
25.8% of adults in North Macedonia borrowed from a formal financial institution or using a mobile money account in 2024, according to World Bank Global Findex data.
How recent is the formal & mobile money borrowing data for North Macedonia?
The most recent observation is from 2024. World Bank Global Findex data is reported with a lag, so 2024 is the latest available year for North Macedonia.
Where does the formal & mobile money borrowing data for North Macedonia come from?
The data comes from the World Bank Global Findex (indicator fin22a.22a1.22g.d). The latest observation for North Macedonia is from 2024; the snapshot was retrieved on 2026-06-10.
How has formal & mobile money borrowing in North Macedonia changed over time?
World Bank Global Findex data show a rise from 25.1% in 2014 to 25.8% in 2024.
How does North Macedonia compare with other countries in Europe & Central Asia?
North Macedonia ranks 27 of 46 countries in Europe & Central Asia with data, with 25.8% versus a regional average of 33.4% (latest values per country).
Source & methodology
Source: World Bank Global Findex, indicator
fin22a.22a1.22g.d, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .