Bank assets as a share of GDP reached 88.2 % in 2020 in Macedonia, according to the National Central Bank. This is 10.5 % more than in the previous year.
Historically, bank assets as a share of GDP in Macedonia reached an all time high of 88.2 % in 2020 and an all time low of % in. When compared to Macedonia's main peers, bank assets as a share of GDP in Albania amounted to 98.4 % and 76.5 % in Kosovo in 2020.
Macedonia has been ranked 27th within the group of 53 countries we follow in terms of bank assets as a share of GDP, 51 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.