North Macedonia M2 Growth

Key information about North Macedonia M2 Growth

• North Macedonia Money Supply M2 increased 11.8 % YoY in Oct 2025, compared with a growth of 13.1 % in the previous month
• North Macedonia Money Supply M2 growth data is updated monthly, available from Jan 2004 to Oct 2025
• The data reached an all-time high of 31.9 % in Jun 2007 and a record low of -3.9 % in Jul 2013

CEIC calculates M2 Growth Rate from monthly M2. The National Bank of the Republic of North Macedonia provides M2 in local currency.


Further information about North Macedonia M2 Growth

• In the latest reports, North Macedonia Foreign Exchange Reserves was measured at 4.7 USD bn in Oct 2025
• The Foreign Exchange Reserves equaled 4.2 Months of Import in Sep 2025
• North Macedonia Domestic Credit reached 11.9 USD bn in Oct 2025, representing an increased of 19.8 % YoY
• The country's Non Performing Loans Ratio stood at 2.3 % in Jun 2025, compared with the ratio of 2.4 % in the previous quarter
• Household Debt of North Macedonia reached 5.1 USD bn in Oct 2025, accounting for 26.8 % of the country's Nominal GDP

View North Macedonia's M2 Growth from Jan 2004 to Oct 2025 in the chart:

What was North Macedonia's M2 Growth in Oct 2025?

North Macedonia Money Supply M2 increased 11.8 % YoY in Oct 2025, compared with a growth of 13.1 % in the previous month See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
11.8 Oct 2025	13.1 Sep 2025	-3.9 Jul 2013	31.9 Jun 2007	%	monthly	Jan 2004 - Oct 2025

M2 Growth by Country Comparison

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North Macedonia Key Series

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