The benchmark interest rate in Macedonia was last recorded at 1.25 percent. source: National Bank of the Republic of Macedonia

Interest Rate in Macedonia averaged 5.17 percent from 2002 until 2021, reaching an all time high of 15.21 percent in December of 2002 and a record low of 1.25 percent in March of 2021. This page provides the latest reported value for - Macedonia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia Interest Rate - values, historical data and charts - was last updated on October of 2021.

Interest Rate in Macedonia is expected to be 1.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Interest Rate is projected to trend around 1.75 percent in 2022 and 2.25 percent in 2023, according to our econometric models.

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Macedonia Interest Rate


Macedonia Last Unit Reference Previous Highest Lowest
Interest Rate 1.25 percent Sep/21 1.25 15.21 1.25
Banks Balance Sheet 707219.40 MKD Million Jul/21 707880.20 707880.20 113541.00
Deposit Interest Rate 0.15 percent Sep/21 0.15 1.00 0.15
Lending Rate 1.75 percent Aug/21 1.75 23.00 1.75
Money Supply M2 403472.66 MKD Million Jul/21 398378.80 403472.66 62068.00
Money Supply M1 214358.56 MKD Million Jul/21 212126.55 214358.56 23381.70
Money Supply M0 436267.06 MKD Million Jul/21 43604.13 436267.06 11852.00
Central Bank Balance Sheet 261652.60 MKD Million Jul/21 290828.97 290828.97 55370.90


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.