The benchmark interest rate in Macedonia was last recorded at 2.25 percent. Interest Rate in Macedonia averaged 5.50 percent from 2002 until 2020, reaching an all time high of 15.21 percent in December of 2002 and a record low of 2.25 percent in March of 2019.

Interest Rate in Macedonia is expected to be 1.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Macedonia to stand at 1.50 in 12 months time. In the long-term, the Macedonia Interest Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.

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Macedonia Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.25 2.25 15.21 2.25 2002 - 2020 percent Daily

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.

Macedonia Money Last Previous Highest Lowest Unit
Interest Rate 2.25 2.25 15.21 2.25 percent [+]
Banks Balance Sheet 629160.00 624755.00 629160.00 113541.00 MKD Million [+]
Deposit Interest Rate 0.15 0.15 1.00 0.15 percent [+]
Lending Rate 2.75 2.75 23.00 2.75 percent [+]
Money Supply M0 33124.40 33053.00 34250.80 11852.00 MKD Million [+]
Money Supply M1 159560.00 160284.00 161898.00 23381.70 MKD Million [+]
Money Supply M2 328061.00 329500.00 329500.00 62068.00 MKD Million [+]
Central Bank Balance Sheet 239017.00 230220.00 239017.00 55370.90 MKD Million [+]