North Macedonia: Net financial flows, IMF nonconcessional (NFL, current US$)

Key figures

Since 1993 it is up 1,079% from −US$6.66 million in 1993. The World Bank has no value for 7 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2024, North Macedonia's net financial flows, IMF nonconcessional (NFL, current US$) rose US$111.99 million on 2023 (from −US$46.79 million to US$65.2 million).

Across the 21 yearly changes before that (1994 to 2023), the average change was −US$36.91 million and a typical year strayed about US$90.9 million from that (the standard deviation). This year's change was 1.6 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was US$112.65 million in 2022 and the biggest yearly fall was US$310.62 million in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those 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 22nd highest value of the 74 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.

Closest to North Macedonia in the 2024 ranking

• Uganda — 19th of 74: US$119.81 million
• Togo — 20th of 74: US$99.94 million
• Benin — 21st of 74: US$66.18 million
• Mauritania — 23rd of 74: US$60.89 million
• Niger — 24th of 74: US$45.42 million
• Congo, Rep. — 25th of 74: US$43.01 million

What this measures

Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. IMF is the International Monetary Fund, which provides nonconcessional lending through the credit it provides to its members, mainly to meet balance of payments needs. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 25 values

Net financial flows, IMF nonconcessional (NFL, current US$) in nearby economies

• Albania — US$0 (2022)
• Armenia — −US$170.66 million (2024)
• Azerbaijan — US$0 (2022)
• Belarus — US$0 (2022)
• Bosnia and Herzegovina — −US$204.1 million (2024)
• Bulgaria — US$0 (2022)
• Georgia — −US$56.09 million (2024)
• Kosovo — US$3.43 million (2024)
• Kyrgyz Republic — −US$95.01 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

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is North Macedonia's net financial flows, IMF nonconcessional (NFL, current US$)?

US$65.2 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1993?

It is up 1,079% from −US$6.66 million in 1993. The highest value was US$310.62 million in 2011 and the lowest −US$172.27 million in 2015.

How does North Macedonia rank?

22nd highest of 74 economies with data for 2024.

Is the latest change in net financial flows, IMF nonconcessional (NFL, current US$) unusual for North Macedonia?

In 2024, North Macedonia's net financial flows, IMF nonconcessional (NFL, current US$) rose US$111.99 million on 2023 (from −US$46.79 million to US$65.2 million). Across the 21 yearly changes before that (1994 to 2023), the average change was −US$36.91 million and a typical year strayed about US$90.9 million from that (the standard deviation). This year's change was 1.6 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator DT.NFL.IMFN.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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