Overnight Credit Rate in Macedonia remained unchanged at 3.25 percent in October from 3.25 percent in September of 2018. Lending Rate in Macedonia averaged 9.57 percent from 2000 until 2018, reaching an all time high of 23 percent in June of 2001 and a record low of 3.25 percent in August of 2018.
Lending Rate in Macedonia is expected to be 3.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Macedonia to stand at 3.50 in 12 months time. In the long-term, the Macedonia Overnight Credit Rate is projected to trend around 4.00 percent in 2020, according to our econometric models.