Macedonia Overnight Credit Rate - Forecast

Lending Rate in Macedonia is expected to be 4.00 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 4.00 in 12 months time. In the long-term, the Macedonia Overnight Credit Rate is projected to trend around 4.50 percent in 2020, according to our econometric models.


Macedonia Overnight Credit Rate
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Macedonia Money Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 3 3.5 3.5 3.5 3.5 4
Banks Balance Sheet 559033 563098 569706 576333 582951 655234
Deposit Interest Rate 0.15 0.65 0.65 0.65 0.65 1.15
Lending Rate 3.5 4 4 4 4 4.5
Money Supply M0 28992 28708 28892 28877 28855 28859
Money Supply M1 123339 125187 128001 131151 134187 166119
Money Supply M2 276915 423506 423822 423822 423822 423822
Central Bank Balance Sheet 184732 181673 182253 182257 182238 182238