Overnight Deposit Rate in Macedonia remained unchanged at 0.15 percent in May from 0.15 percent in April of 2019. Deposit Interest Rate in Macedonia averaged 0.45 percent from 2012 until 2019, reaching an all time high of 1 percent in May of 2012 and a record low of 0.15 percent in March of 2018.
Deposit Interest Rate in Macedonia is expected to be 0.15 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Macedonia to stand at -0.35 in 12 months time. In the long-term, the Macedonia Overnight Deposit Rate is projected to trend around -0.60 percent in 2020, according to our econometric models.