The benchmark interest rate in Macedonia was last recorded at 4.75 percent. source: National Bank of the Republic of Macedonia

Interest Rate in Macedonia averaged 4.98 percent from 2002 until 2023, reaching an all time high of 15.21 percent in December of 2002 and a record low of 1.25 percent in March of 2021. This page provides the latest reported value for - Macedonia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. North Macedonia Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Interest Rate in Macedonia is expected to be 4.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Macedonia Interest Rate is projected to trend around 3.00 percent in 2024 and 2.50 percent in 2025, according to our econometric models.

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North Macedonia Interest Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-10-13 10:30 AM 3.5% 3%
2022-11-17 08:05 AM 4.25% 3.5%
2023-01-19 10:00 AM 4.75% 4.75% 5.25%
2023-02-15 10:00 AM 4.75% 4.75%
2023-03-15 10:00 AM
2023-04-12 09:00 AM

Related Last Previous Unit Reference
Interest Rate 4.75 4.75 percent Jan 2023
Banks Balance Sheet 804874.31 787992.06 MKD Million Dec 2022
Deposit Interest Rate 2.65 2.15 percent Dec 2022
Central Bank Balance Sheet 275763.91 296647.28 MKD Million Dec 2022
Money Supply M2 450018.16 436551.34 MKD Million Dec 2022
Money Supply M1 235528.31 224037.33 MKD Million Dec 2022
Money Supply M0 47490.01 43328.55 MKD Million Dec 2022
Lending Rate 5.25 4.75 percent Dec 2022

North Macedonia Interest Rate
In Macedonia, interest rates decisions are taken by the National Bank of the Republic of Macedonia. The National Bank of the Republic of Macedonia official interest rate is the Central Bank bills rate.
Actual Previous Highest Lowest Dates Unit Frequency
4.75 4.75 15.21 1.25 2002 - 2023 percent Daily