Central Bank Bills Interest Rate in North Macedonia
The Central Bank Bills Interest Rate ended 2022 at 4.75%, up from the 1.25% end-2021 value and up from the reading of 3.25% a decade earlier. For reference, the average rate in Eastern Europe was 8.40% at the end of 2022. For more interest rate information, visit our dedicated page.
North Macedonia Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for North Macedonia from 2014 to 2023.
Source: NAT. BANK OF THE REP OF NORTH MACEDONIA.
North Macedonia Interest Rate Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Central Bank Bills Interest Rate (%, eop) | 2.50 | 2.25 | 1.50 | 1.25 | 4.75 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Macedonian interest rate projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Macedonian interest rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Macedonian interest rate projections.
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