North Macedonia's net financial flows, IDA (NFL, current US$) was −US$16.12 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 32.53% from −US$12.16 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$16.12 million | 2024 |
| Five years earlier | −US$16.83 million | 2019 |
| Ten years earlier | −US$12.16 million | 2014 |
| Highest | US$45.02 million | 1999 |
| Lowest | −US$19.03 million | 2021 |
| Average since 2015 | −US$16.08 million | 2015–2024 |
| First recorded | US$40.11 million |
What the numbers say
In 2024, North Macedonia's net financial flows, IDA (NFL, current US$) rose US$148,000 on 2023 (from −US$16.27 million to −US$16.12 million).
Across the 29 yearly changes before that (1995 to 2023), the average change was −US$1.94 million and a typical year strayed about US$7.85 million from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$16.15 million in 1999 and the biggest yearly fall was US$23.55 million in 2001. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about US$384,339 a year. A straight line explains 41% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, North Macedonia had the 78th highest value of the 94 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| North Macedonia | −US$16.12 million | 2024 |
| Europe & Central Asia | US$5.2 billion | 2024 |
| Upper middle income | US$4.4 billion | 2024 |
Closest to North Macedonia in the 2024 ranking
- Bolivia — 75th of 94: −US$6.38 million
- Chad — 76th of 94: −US$6.64 million
- Afghanistan — 77th of 94: −US$9.35 million
- Iraq — 79th of 94: −US$16.46 million
- Serbia — 80th of 94: −US$20.61 million
- Azerbaijan — 81st of 94: −US$22.04 million
What this measures
Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. IDA is the International Development Association, the concessional loan window of the World Bank Group. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 31 values
| Year | Net financial flows, IDA (NFL, current US$) |
|---|---|
| 2024 | -16,121,000 |
| 2023 | -16,269,000 |
| 2022 | -16,587,000 |
| 2021 | -19,030,000 |
| 2020 | -18,132,000 |
| 2019 | -16,831,000 |
| 2018 | -16,063,000 |
| 2017 | -14,805,000 |
| 2016 | -14,103,000 |
| 2015 | -12,883,000 |
| 2014 |
Net financial flows, IDA (NFL, current US$) in nearby economies
- Albania — −US$41.65 million (2024)
- Armenia — −US$67.81 million (2024)
- Azerbaijan — −US$22.04 million (2024)
- Bosnia and Herzegovina — −US$117.34 million (2024)
- Georgia — −US$104.43 million (2024)
- Kosovo — US$18.51 million (2024)
- Kyrgyz Republic — US$49.28 million (2024)
- Moldova — US$16.8 million (2024)
- Montenegro — −US$3.33 million (2024)
- Serbia — −US$20.61 million (2024)
More economic policy & debt data for North Macedonia
- Adjusted savings, education expenditure (% of GNI) — 3.27% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- General government final consumption expenditure (current US$) — US$3.13 billion (2025)
- General government final consumption expenditure (current LCU) — 171.08 billion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$1.83 billion (2025)
- General government final consumption expenditure (constant LCU) — 69.05 billion (2025)
- General government final consumption expenditure (% of GDP) — 16.39% (2025)
- Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $)
Reading data like this
Questions people ask
- What is North Macedonia's net financial flows, IDA (NFL, current US$)?
- −US$16.12 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1994?
- It is down 140.19% from US$40.11 million in 1994. The highest value was US$45.02 million in 1999 and the lowest −US$19.03 million in 2021.
- How does North Macedonia rank?
- 78th highest of 94 economies with data for 2024.
- Is the latest change in net financial flows, IDA (NFL, current US$) unusual for North Macedonia?
- In 2024, North Macedonia's net financial flows, IDA (NFL, current US$) rose US$148,000 on 2023 (from −US$16.27 million to −US$16.12 million). Across the 29 yearly changes before that (1995 to 2023), the average change was −US$1.94 million and a typical year strayed about US$7.85 million from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DT.NFL.MIDA.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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