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.