Central Bank RatesNorth Macedonia: central bank policy rate
Last updated:
Policy rate4.25%Oct 2, 2026
For information only. Figures are reproduced from the cited sources, may be delayed or contain errors, and are not advice of any kind. Always check the original source. This is not investment advice. Translations on this site are not official BIS translations.
SinceJun 17, 2026hike +25 bp
1 year ago5.35%
Last 2 years (daily values)
Policy rate since 2000 (month-end values)
All changes since 2000
| Date | From | To | Change |
|---|---|---|---|
| Jun 17, 2026 | 4.00% | 4.25% | hike +25 bp |
| Dec 24, 2025 | 5.35% | 4.00% | cut -135 bp |
| Feb 5, 2025 | 5.55% | 5.35% | cut -20 bp |
| Dec 18, 2024 | 5.80% | 5.55% | cut -25 bp |
| Oct 24, 2024 | 6.05% | 5.80% | cut -25 bp |
| Sep 18, 2024 | 6.30% | 6.05% | cut -25 bp |
| Sep 20, 2023 | 6.15% | 6.30% | hike +15 bp |
| Aug 3, 2023 | 6.00% | 6.15% | hike +15 bp |
| Jun 21, 2023 | 5.75% | 6.00% | hike +25 bp |
| May 10, 2023 | 5.50% | 5.75% | hike +25 bp |
| Mar 22, 2023 | 5.25% | 5.50% | hike +25 bp |
| Feb 15, 2023 | 4.75% | 5.25% | hike +50 bp |
| Dec 14, 2022 | 4.25% | 4.75% | hike +50 bp |
| Nov 16, 2022 | 3.50% | 4.25% | hike +75 bp |
| Oct 12, 2022 | 3.00% | 3.50% | hike +50 bp |
| Sep 14, 2022 | 2.50% | 3.00% | hike +50 bp |
| Jul 13, 2022 | 2.00% | 2.50% | hike +50 bp |
| Jun 15, 2022 | 1.75% | 2.00% | hike +25 bp |
| May 11, 2022 | 1.50% | 1.75% | hike +25 bp |
| Apr 13, 2022 | 1.25% | 1.50% | hike +25 bp |
| Mar 10, 2021 | 1.50% | 1.25% | cut -25 bp |
| May 13, 2020 | 1.75% | 1.50% | cut -25 bp |
| Mar 16, 2020 | 2.00% | 1.75% | cut -25 bp |
| Jan 15, 2020 | 2.25% | 2.00% | cut -25 bp |
| Mar 13, 2019 | 2.50% | 2.25% | cut -25 bp |
| Dec 12, 2018 | 2.75% | 2.50% | cut -25 bp |
| Aug 15, 2018 | 3.00% | 2.75% | cut -25 bp |
| Mar 15, 2018 | 3.25% | 3.00% | cut -25 bp |
| Feb 15, 2017 | 3.50% | 3.25% | cut -25 bp |
| Jan 11, 2017 | 3.75% | 3.50% | cut -25 bp |
| Dec 14, 2016 | 4.00% | 3.75% | cut -25 bp |
| May 11, 2016 | 3.25% | 4.00% | hike +75 bp |
| Jul 10, 2013 | 3.21% | 3.25% | hike +4 bp |
| Jun 12, 2013 | 3.37% | 3.21% | cut -16 bp |
| May 15, 2013 | 3.38% | 3.37% | cut -1 bp |
| Apr 10, 2013 | 3.42% | 3.38% | cut -4 bp |
| Mar 13, 2013 | 3.48% | 3.42% | cut -6 bp |
| Feb 13, 2013 | 3.49% | 3.48% | cut -1 bp |
| Jan 9, 2013 | 3.73% | 3.49% | cut -24 bp |
| Jun 13, 2012 | 3.71% | 3.73% | hike +2 bp |
| May 9, 2012 | 3.93% | 3.71% | cut -22 bp |
| May 2, 2012 | 3.94% | 3.93% | cut -1 bp |
| Apr 25, 2012 | 3.97% | 3.94% | cut -3 bp |
| Apr 18, 2012 | 3.94% | 3.97% | hike +3 bp |
| Apr 11, 2012 | 4.00% | 3.94% | cut -6 bp |
| Dec 15, 2010 | 4.50% | 4.00% | cut -50 bp |
| Dec 10, 2010 | 4.00% | 4.50% | hike +50 bp |
| Dec 9, 2010 | 4.50% | 4.00% | cut -50 bp |
| Aug 18, 2010 | 5.00% | 4.50% | cut -50 bp |
| Jun 16, 2010 | 6.00% | 5.00% | cut -100 bp |
| May 26, 2010 | 6.50% | 6.00% | cut -50 bp |
| Mar 31, 2010 | 7.50% | 6.50% | cut -100 bp |
| Feb 10, 2010 | 8.00% | 7.50% | cut -50 bp |
| Jan 5, 2010 | 8.50% | 8.00% | cut -50 bp |
| Dec 2, 2009 | 9.00% | 8.50% | cut -50 bp |
| Apr 1, 2009 | 7.00% | 9.00% | hike +200 bp |
| May 14, 2008 | 6.00% | 7.00% | hike +100 bp |
| Mar 13, 2008 | 5.25% | 6.00% | hike +75 bp |
| Feb 20, 2008 | 5.08% | 5.25% | hike +17 bp |
| Feb 13, 2008 | 4.98% | 5.08% | hike +10 bp |
| Feb 6, 2008 | 4.99% | 4.98% | cut -1 bp |
| Jan 30, 2008 | 4.95% | 4.99% | hike +4 bp |
| Jan 23, 2008 | 4.88% | 4.95% | hike +7 bp |
| Jan 16, 2008 | 4.82% | 4.88% | hike +6 bp |
| Jan 9, 2008 | 4.83% | 4.82% | cut -1 bp |
| Jan 2, 2008 | 4.81% | 4.83% | hike +2 bp |
| Dec 26, 2007 | 4.77% | 4.81% | hike +4 bp |
| Dec 19, 2007 | 4.76% | 4.77% | hike +1 bp |
| Dec 12, 2007 | 4.72% | 4.76% | hike +4 bp |
| Dec 5, 2007 | 4.74% | 4.72% | cut -2 bp |
| Nov 28, 2007 | 4.72% | 4.74% | hike +2 bp |
| Nov 21, 2007 | 4.51% | 4.72% | hike +21 bp |
| Nov 14, 2007 | 4.65% | 4.51% | cut -14 bp |
| Nov 7, 2007 | 4.78% | 4.65% | cut -13 bp |
| Oct 31, 2007 | 4.86% | 4.78% | cut -8 bp |
| Oct 24, 2007 | 4.87% | 4.86% | cut -1 bp |
| Oct 17, 2007 | 4.80% | 4.87% | hike +7 bp |
| Oct 10, 2007 | 4.59% | 4.80% | hike +21 bp |
| Oct 3, 2007 | 4.68% | 4.59% | cut -9 bp |
| Sep 26, 2007 | 4.72% | 4.68% | cut -4 bp |
| Sep 19, 2007 | 4.95% | 4.72% | cut -23 bp |
| Sep 12, 2007 | 4.99% | 4.95% | cut -4 bp |
| Sep 5, 2007 | 5.11% | 4.99% | cut -12 bp |
| Aug 29, 2007 | 5.13% | 5.11% | cut -2 bp |
| Aug 22, 2007 | 5.08% | 5.13% | hike +5 bp |
| Aug 15, 2007 | 5.11% | 5.08% | cut -3 bp |
| Aug 8, 2007 | 5.10% | 5.11% | hike +1 bp |
| Aug 1, 2007 | 5.17% | 5.10% | cut -7 bp |
| Jul 25, 2007 | 5.18% | 5.17% | cut -1 bp |
| Jul 18, 2007 | 5.12% | 5.18% | hike +6 bp |
| Jul 11, 2007 | 5.01% | 5.12% | hike +11 bp |
| Jul 4, 2007 | 4.98% | 5.01% | hike +3 bp |
| Jun 27, 2007 | 4.86% | 4.98% | hike +12 bp |
| Jun 20, 2007 | 4.88% | 4.86% | cut -2 bp |
| Jun 13, 2007 | 4.86% | 4.88% | hike +2 bp |
| Jun 6, 2007 | 5.00% | 4.86% | cut -14 bp |
| May 30, 2007 | 5.07% | 5.00% | cut -7 bp |
| May 16, 2007 | 5.08% | 5.07% | cut -1 bp |
| May 9, 2007 | 5.04% | 5.08% | hike +4 bp |
| May 2, 2007 | 5.05% | 5.04% | cut -1 bp |
| Apr 18, 2007 | 5.08% | 5.05% | cut -3 bp |
| Apr 11, 2007 | 5.19% | 5.08% | cut -11 bp |
| Apr 4, 2007 | 5.25% | 5.19% | cut -6 bp |
| Mar 28, 2007 | 5.34% | 5.25% | cut -9 bp |
| Mar 21, 2007 | 5.37% | 5.34% | cut -3 bp |
| Mar 14, 2007 | 5.34% | 5.37% | hike +3 bp |
| Mar 7, 2007 | 5.36% | 5.34% | cut -2 bp |
| Feb 21, 2007 | 5.28% | 5.36% | hike +8 bp |
| Feb 14, 2007 | 5.72% | 5.28% | cut -44 bp |
| Feb 7, 2007 | 5.58% | 5.72% | hike +14 bp |
| Jan 31, 2007 | 5.81% | 5.58% | cut -23 bp |
| Jan 24, 2007 | 5.80% | 5.81% | hike +1 bp |
| Jan 17, 2007 | 5.84% | 5.80% | cut -4 bp |
| Jan 10, 2007 | 5.73% | 5.84% | hike +11 bp |
| Jan 3, 2007 | 5.81% | 5.73% | cut -8 bp |
| Dec 27, 2006 | 5.71% | 5.81% | hike +10 bp |
| Dec 20, 2006 | 5.83% | 5.71% | cut -12 bp |
| Dec 13, 2006 | 5.63% | 5.83% | hike +20 bp |
| Dec 6, 2006 | 5.81% | 5.63% | cut -18 bp |
| Nov 29, 2006 | 5.66% | 5.81% | hike +15 bp |
| Nov 22, 2006 | 5.58% | 5.66% | hike +8 bp |
| Nov 15, 2006 | 5.63% | 5.58% | cut -5 bp |
| Nov 8, 2006 | 5.55% | 5.63% | hike +8 bp |
| Nov 1, 2006 | 5.72% | 5.55% | cut -17 bp |
| Oct 25, 2006 | 5.53% | 5.72% | hike +19 bp |
| Oct 18, 2006 | 5.36% | 5.53% | hike +17 bp |
| Oct 12, 2006 | 5.35% | 5.36% | hike +1 bp |
| Oct 4, 2006 | 5.34% | 5.35% | hike +1 bp |
| Sep 27, 2006 | 5.33% | 5.34% | hike +1 bp |
| Sep 20, 2006 | 5.26% | 5.33% | hike +7 bp |
| Sep 13, 2006 | 5.49% | 5.26% | cut -23 bp |
| Sep 6, 2006 | 5.50% | 5.49% | cut -1 bp |
| Aug 30, 2006 | 5.75% | 5.50% | cut -25 bp |
| Aug 23, 2006 | 5.42% | 5.75% | hike +33 bp |
| Aug 16, 2006 | 5.46% | 5.42% | cut -4 bp |
| Aug 9, 2006 | 5.47% | 5.46% | cut -1 bp |
| Aug 3, 2006 | 5.56% | 5.47% | cut -9 bp |
| Jul 26, 2006 | 5.53% | 5.56% | hike +3 bp |
| Jul 19, 2006 | 5.58% | 5.53% | cut -5 bp |
| Jul 12, 2006 | 5.60% | 5.58% | cut -2 bp |
| Jul 6, 2006 | 5.50% | 5.60% | hike +10 bp |
| Jun 26, 2006 | 5.88% | 5.50% | cut -38 bp |
| Jun 21, 2006 | 5.92% | 5.88% | cut -4 bp |
| Jun 14, 2006 | 5.87% | 5.92% | hike +5 bp |
| Jun 7, 2006 | 5.70% | 5.87% | hike +17 bp |
| May 31, 2006 | 5.63% | 5.70% | hike +7 bp |
| May 24, 2006 | 5.68% | 5.63% | cut -5 bp |
| May 17, 2006 | 5.70% | 5.68% | cut -2 bp |
| May 10, 2006 | 5.77% | 5.70% | cut -7 bp |
| May 3, 2006 | 5.92% | 5.77% | cut -15 bp |
| Apr 26, 2006 | 6.17% | 5.92% | cut -25 bp |
| Apr 19, 2006 | 6.29% | 6.17% | cut -12 bp |
| Apr 12, 2006 | 6.33% | 6.29% | cut -4 bp |
| Apr 5, 2006 | 6.44% | 6.33% | cut -11 bp |
| Mar 29, 2006 | 6.52% | 6.44% | cut -8 bp |
| Mar 22, 2006 | 6.92% | 6.52% | cut -40 bp |
| Mar 15, 2006 | 6.95% | 6.92% | cut -3 bp |
| Mar 8, 2006 | 7.22% | 6.95% | cut -27 bp |
| Mar 1, 2006 | 7.18% | 7.22% | hike +4 bp |
| Feb 22, 2006 | 7.10% | 7.18% | hike +8 bp |
| Feb 15, 2006 | 7.03% | 7.10% | hike +7 bp |
| Feb 8, 2006 | 6.94% | 7.03% | hike +9 bp |
| Feb 1, 2006 | 7.04% | 6.94% | cut -10 bp |
| Jan 27, 2006 | 7.10% | 7.04% | cut -6 bp |
| Jan 20, 2006 | 7.07% | 7.10% | hike +3 bp |
| Jan 18, 2006 | 7.09% | 7.07% | cut -2 bp |
| Jan 13, 2006 | 7.25% | 7.09% | cut -16 bp |
| Jan 11, 2006 | 7.75% | 7.25% | cut -50 bp |
| Jan 6, 2006 | 8.17% | 7.75% | cut -42 bp |
| Jan 4, 2006 | 8.37% | 8.17% | cut -20 bp |
| Dec 30, 2005 | 8.46% | 8.37% | cut -9 bp |
| Dec 28, 2005 | 8.56% | 8.46% | cut -10 bp |
| Dec 23, 2005 | 8.44% | 8.56% | hike +12 bp |
| Dec 21, 2005 | 8.50% | 8.44% | cut -6 bp |
| Dec 16, 2005 | 8.42% | 8.50% | hike +8 bp |
| Dec 14, 2005 | 8.64% | 8.42% | cut -22 bp |
| Dec 9, 2005 | 8.57% | 8.64% | hike +7 bp |
| Dec 7, 2005 | 8.74% | 8.57% | cut -17 bp |
| Dec 2, 2005 | 8.77% | 8.74% | cut -3 bp |
| Nov 30, 2005 | 8.86% | 8.77% | cut -9 bp |
| Nov 25, 2005 | 8.83% | 8.86% | hike +3 bp |
| Nov 23, 2005 | 8.91% | 8.83% | cut -8 bp |
| Nov 18, 2005 | 8.88% | 8.91% | hike +3 bp |
| Nov 16, 2005 | 9.02% | 8.88% | cut -14 bp |
| Nov 11, 2005 | 9.15% | 9.02% | cut -13 bp |
| Nov 9, 2005 | 9.79% | 9.15% | cut -64 bp |
| Nov 4, 2005 | 9.82% | 9.79% | cut -3 bp |
| Nov 2, 2005 | 9.85% | 9.82% | cut -3 bp |
| Oct 28, 2005 | 9.80% | 9.85% | hike +5 bp |
| Oct 26, 2005 | 10.00% | 9.80% | cut -20 bp |
| Nov 12, 2004 | 9.00% | 10.00% | hike +100 bp |
| Sep 29, 2004 | 8.50% | 9.00% | hike +50 bp |
| Aug 18, 2004 | 8.00% | 8.50% | hike +50 bp |
| Feb 18, 2004 | 7.15% | 8.00% | hike +85 bp |
| Feb 13, 2004 | 6.85% | 7.15% | hike +30 bp |
| Feb 11, 2004 | 6.91% | 6.85% | cut -6 bp |
| Feb 6, 2004 | 6.81% | 6.91% | hike +10 bp |
| Feb 4, 2004 | 6.74% | 6.81% | hike +7 bp |
| Jan 30, 2004 | 6.80% | 6.74% | cut -6 bp |
| Jan 28, 2004 | 6.84% | 6.80% | cut -4 bp |
| Jan 23, 2004 | 6.72% | 6.84% | hike +12 bp |
| Jan 21, 2004 | 6.78% | 6.72% | cut -6 bp |
| Jan 16, 2004 | 6.73% | 6.78% | hike +5 bp |
| Jan 14, 2004 | 6.76% | 6.73% | cut -3 bp |
| Jan 9, 2004 | 6.72% | 6.76% | hike +4 bp |
| Jan 6, 2004 | 6.65% | 6.72% | hike +7 bp |
| Dec 31, 2003 | 6.75% | 6.65% | cut -10 bp |
| Dec 26, 2003 | 6.55% | 6.75% | hike +20 bp |
| Dec 24, 2003 | 6.14% | 6.55% | hike +41 bp |
| Dec 17, 2003 | 5.63% | 6.14% | hike +51 bp |
| Dec 12, 2003 | 5.79% | 5.63% | cut -16 bp |
| Dec 10, 2003 | 5.77% | 5.79% | hike +2 bp |
| Dec 5, 2003 | 5.75% | 5.77% | hike +2 bp |
| Dec 3, 2003 | 5.79% | 5.75% | cut -4 bp |
| Nov 28, 2003 | 5.91% | 5.79% | cut -12 bp |
| Nov 26, 2003 | 6.00% | 5.91% | cut -9 bp |
| Nov 21, 2003 | 6.08% | 6.00% | cut -8 bp |
| Nov 19, 2003 | 6.19% | 6.08% | cut -11 bp |
| Nov 14, 2003 | 6.20% | 6.19% | cut -1 bp |
| Nov 12, 2003 | 6.32% | 6.20% | cut -12 bp |
| Nov 7, 2003 | 6.40% | 6.32% | cut -8 bp |
| Nov 5, 2003 | 6.38% | 6.40% | hike +2 bp |
| Oct 31, 2003 | 6.44% | 6.38% | cut -6 bp |
| Oct 29, 2003 | 6.47% | 6.44% | cut -3 bp |
| Oct 24, 2003 | 6.57% | 6.47% | cut -10 bp |
| Oct 22, 2003 | 7.00% | 6.57% | cut -43 bp |
| Apr 11, 2003 | 6.94% | 7.00% | hike +6 bp |
| Apr 9, 2003 | 6.78% | 6.94% | hike +16 bp |
| Apr 7, 2003 | 7.07% | 6.78% | cut -29 bp |
| Apr 4, 2003 | 7.52% | 7.07% | cut -45 bp |
| Apr 2, 2003 | 7.93% | 7.52% | cut -41 bp |
| Mar 31, 2003 | 8.37% | 7.93% | cut -44 bp |
| Mar 28, 2003 | 8.65% | 8.37% | cut -28 bp |
| Mar 26, 2003 | 8.98% | 8.65% | cut -33 bp |
| Mar 24, 2003 | 9.12% | 8.98% | cut -14 bp |
| Mar 21, 2003 | 9.49% | 9.12% | cut -37 bp |
| Mar 19, 2003 | 9.75% | 9.49% | cut -26 bp |
| Mar 17, 2003 | 9.76% | 9.75% | cut -1 bp |
| Mar 14, 2003 | 9.98% | 9.76% | cut -22 bp |
| Mar 12, 2003 | 9.96% | 9.98% | hike +2 bp |
| Mar 10, 2003 | 10.36% | 9.96% | cut -40 bp |
| Mar 7, 2003 | 10.35% | 10.36% | hike +1 bp |
| Mar 5, 2003 | 10.76% | 10.35% | cut -41 bp |
| Mar 3, 2003 | 11.42% | 10.76% | cut -66 bp |
| Feb 28, 2003 | 11.88% | 11.42% | cut -46 bp |
| Feb 26, 2003 | 12.19% | 11.88% | cut -31 bp |
| Feb 24, 2003 | 12.02% | 12.19% | hike +17 bp |
| Feb 21, 2003 | 12.84% | 12.02% | cut -82 bp |
| Feb 19, 2003 | 13.41% | 12.84% | cut -57 bp |
| Feb 17, 2003 | 13.57% | 13.41% | cut -16 bp |
| Feb 14, 2003 | 13.95% | 13.57% | cut -38 bp |
| Feb 12, 2003 | 14.41% | 13.95% | cut -46 bp |
| Feb 10, 2003 | 15.10% | 14.41% | cut -69 bp |
| Feb 7, 2003 | 15.40% | 15.10% | cut -30 bp |
| Feb 5, 2003 | 15.30% | 15.40% | hike +10 bp |
| Feb 3, 2003 | 15.05% | 15.30% | hike +25 bp |
| Jan 31, 2003 | 15.60% | 15.05% | cut -55 bp |
| Jan 29, 2003 | 15.86% | 15.60% | cut -26 bp |
| Jan 27, 2003 | 15.82% | 15.86% | hike +4 bp |
| Jan 24, 2003 | 15.56% | 15.82% | hike +26 bp |
| Jan 22, 2003 | 15.46% | 15.56% | hike +10 bp |
| Jan 20, 2003 | 14.37% | 15.46% | hike +109 bp |
| Jan 17, 2003 | 13.68% | 14.37% | hike +69 bp |
| Jan 15, 2003 | 13.46% | 13.68% | hike +22 bp |
| Jan 13, 2003 | 14.06% | 13.46% | cut -60 bp |
| Jan 10, 2003 | 14.88% | 14.06% | cut -82 bp |
| Jan 8, 2003 | 15.22% | 14.88% | cut -34 bp |
| Dec 30, 2002 | 15.56% | 15.22% | cut -34 bp |
| Dec 27, 2002 | 15.60% | 15.56% | cut -4 bp |
| Dec 25, 2002 | 15.56% | 15.60% | hike +4 bp |
| Dec 23, 2002 | 15.55% | 15.56% | hike +1 bp |
| Dec 20, 2002 | 15.60% | 15.55% | cut -5 bp |
| Dec 18, 2002 | 15.40% | 15.60% | hike +20 bp |
| Dec 16, 2002 | 15.59% | 15.40% | cut -19 bp |
| Dec 13, 2002 | 15.46% | 15.59% | hike +13 bp |
| Dec 11, 2002 | 15.51% | 15.46% | cut -5 bp |
| Dec 9, 2002 | 15.47% | 15.51% | hike +4 bp |
| Dec 6, 2002 | 14.30% | 15.47% | hike +117 bp |
| Dec 4, 2002 | 13.76% | 14.30% | hike +54 bp |
| Dec 2, 2002 | 14.01% | 13.76% | cut -25 bp |
| Nov 29, 2002 | 13.68% | 14.01% | hike +33 bp |
| Nov 27, 2002 | 13.43% | 13.68% | hike +25 bp |
| Nov 24, 2002 | 13.15% | 13.43% | hike +28 bp |
| Nov 22, 2002 | 12.95% | 13.15% | hike +20 bp |
| Nov 20, 2002 | 12.84% | 12.95% | hike +11 bp |
| Nov 18, 2002 | 12.95% | 12.84% | cut -11 bp |
| Nov 15, 2002 | 12.92% | 12.95% | hike +3 bp |
| Nov 13, 2002 | 12.84% | 12.92% | hike +8 bp |
| Nov 11, 2002 | 12.82% | 12.84% | hike +2 bp |
| Nov 8, 2002 | 12.07% | 12.82% | hike +75 bp |
| Nov 6, 2002 | 11.94% | 12.07% | hike +13 bp |
| Nov 4, 2002 | 12.45% | 11.94% | cut -51 bp |
| Nov 1, 2002 | 12.01% | 12.45% | hike +44 bp |
| Oct 30, 2002 | 11.75% | 12.01% | hike +26 bp |
| Oct 28, 2002 | 11.96% | 11.75% | cut -21 bp |
| Oct 25, 2002 | 11.81% | 11.96% | hike +15 bp |
| Oct 23, 2002 | 11.40% | 11.81% | hike +41 bp |
| Oct 21, 2002 | 11.22% | 11.40% | hike +18 bp |
| Oct 18, 2002 | 11.05% | 11.22% | hike +17 bp |
| Oct 16, 2002 | 10.80% | 11.05% | hike +25 bp |
| Oct 14, 2002 | 10.52% | 10.80% | hike +28 bp |
| Oct 9, 2002 | 10.36% | 10.52% | hike +16 bp |
| Oct 7, 2002 | 10.41% | 10.36% | cut -5 bp |
| Oct 4, 2002 | 10.22% | 10.41% | hike +19 bp |
| Oct 2, 2002 | 10.19% | 10.22% | hike +3 bp |
| Sep 30, 2002 | 10.11% | 10.19% | hike +8 bp |
| Sep 27, 2002 | 10.23% | 10.11% | cut -12 bp |
| Sep 25, 2002 | 9.72% | 10.23% | hike +51 bp |
| Sep 23, 2002 | 9.36% | 9.72% | hike +36 bp |
| Sep 20, 2002 | 9.45% | 9.36% | cut -9 bp |
| Sep 18, 2002 | 9.19% | 9.45% | hike +26 bp |
| Sep 16, 2002 | 8.91% | 9.19% | hike +28 bp |
| Sep 13, 2002 | 8.93% | 8.91% | cut -2 bp |
| Sep 11, 2002 | 9.21% | 8.93% | cut -28 bp |
| Sep 6, 2002 | 9.32% | 9.21% | cut -11 bp |
| Sep 4, 2002 | 9.43% | 9.32% | cut -11 bp |
| Sep 2, 2002 | 9.51% | 9.43% | cut -8 bp |
| Aug 30, 2002 | 9.77% | 9.51% | cut -26 bp |
| Aug 28, 2002 | 9.82% | 9.77% | cut -5 bp |
| Aug 26, 2002 | 9.93% | 9.82% | cut -11 bp |
| Aug 23, 2002 | 10.37% | 9.93% | cut -44 bp |
| Aug 21, 2002 | 10.54% | 10.37% | cut -17 bp |
| Aug 19, 2002 | 10.34% | 10.54% | hike +20 bp |
| Aug 16, 2002 | 10.18% | 10.34% | hike +16 bp |
| Aug 14, 2002 | 10.44% | 10.18% | cut -26 bp |
| Aug 12, 2002 | 10.48% | 10.44% | cut -4 bp |
| Aug 9, 2002 | 10.35% | 10.48% | hike +13 bp |
| Aug 7, 2002 | 10.57% | 10.35% | cut -22 bp |
| Aug 5, 2002 | 11.20% | 10.57% | cut -63 bp |
| Jul 31, 2002 | 11.58% | 11.20% | cut -38 bp |
| Jul 29, 2002 | 11.65% | 11.58% | cut -7 bp |
| Jul 26, 2002 | 12.75% | 11.65% | cut -110 bp |
| Jul 24, 2002 | 13.00% | 12.75% | cut -25 bp |
| Jul 22, 2002 | 12.89% | 13.00% | hike +11 bp |
| Jul 19, 2002 | 12.94% | 12.89% | cut -5 bp |
| Jul 17, 2002 | 13.00% | 12.94% | cut -6 bp |
| Feb 27, 2002 | 15.00% | 13.00% | cut -200 bp |
| Nov 19, 2001 | 17.00% | 15.00% | cut -200 bp |
| Oct 15, 2001 | 20.00% | 17.00% | cut -300 bp |
| Jun 18, 2001 | 15.00% | 20.00% | hike +500 bp |
| Jun 6, 2001 | 14.27% | 15.00% | hike +73 bp |
| May 30, 2001 | 14.00% | 14.27% | hike +27 bp |
| May 23, 2001 | 12.00% | 14.00% | hike +200 bp |
| May 16, 2001 | 10.00% | 12.00% | hike +200 bp |
| Apr 25, 2001 | 8.80% | 10.00% | hike +120 bp |
| Apr 18, 2001 | 8.26% | 8.80% | hike +54 bp |
| Apr 11, 2001 | 8.10% | 8.26% | hike +16 bp |
| Mar 28, 2001 | 7.97% | 8.10% | hike +13 bp |
| Mar 21, 2001 | 8.02% | 7.97% | cut -5 bp |
| Mar 14, 2001 | 7.74% | 8.02% | hike +28 bp |
| Mar 7, 2001 | 7.60% | 7.74% | hike +14 bp |
| Feb 7, 2001 | 7.45% | 7.60% | hike +15 bp |
| Jan 31, 2001 | 7.03% | 7.45% | hike +42 bp |
| Jan 24, 2001 | 6.89% | 7.03% | hike +14 bp |
| Jan 17, 2001 | 6.47% | 6.89% | hike +42 bp |
| Jan 10, 2001 | 7.14% | 6.47% | cut -67 bp |
| Jan 5, 2001 | 6.89% | 7.14% | hike +25 bp |
| Dec 27, 2000 | 7.45% | 6.89% | cut -56 bp |
| Dec 20, 2000 | 7.31% | 7.45% | hike +14 bp |
| Dec 13, 2000 | 7.03% | 7.31% | hike +28 bp |
| Nov 29, 2000 | 7.17% | 7.03% | cut -14 bp |
| Nov 22, 2000 | 7.60% | 7.17% | cut -43 bp |
| Nov 8, 2000 | 7.88% | 7.60% | cut -28 bp |
| Oct 25, 2000 | 8.45% | 7.88% | cut -57 bp |
| Sep 27, 2000 | 8.16% | 8.45% | hike +29 bp |
| Sep 20, 2000 | 8.01% | 8.16% | hike +15 bp |
| Sep 13, 2000 | 8.73% | 8.01% | cut -72 bp |
| Sep 6, 2000 | 8.59% | 8.73% | hike +14 bp |
| Aug 30, 2000 | 8.87% | 8.59% | cut -28 bp |
| Aug 23, 2000 | 9.02% | 8.87% | cut -15 bp |
| Aug 16, 2000 | 9.45% | 9.02% | cut -43 bp |
| Aug 9, 2000 | 10.11% | 9.45% | cut -66 bp |
| Aug 3, 2000 | 9.45% | 10.11% | hike +66 bp |
| Jul 26, 2000 | 8.73% | 9.45% | hike +72 bp |
| Jul 12, 2000 | 8.28% | 8.73% | hike +45 bp |
| Jul 5, 2000 | 8.59% | 8.28% | cut -31 bp |
| Jun 21, 2000 | 10.02% | 8.59% | cut -143 bp |
| Jun 5, 2000 | 9.73% | 10.02% | hike +29 bp |
| May 29, 2000 | 10.02% | 9.73% | cut -29 bp |
| May 22, 2000 | 9.73% | 10.02% | hike +29 bp |
| May 15, 2000 | 9.59% | 9.73% | hike +14 bp |
| May 8, 2000 | 9.45% | 9.59% | hike +14 bp |
| Apr 17, 2000 | 9.50% | 9.45% | cut -5 bp |
Which rate is shown (BIS notes, in English)
Official policy rate.
Changes by year
Method
We download the BIS daily policy-rate series (WS_CBPOL). A change is recorded on the first day the published value differs from the previous day's value. Series that ended (for example euro area members before joining the euro) are not listed. bp = basis points (0.01 percentage point).
About this page
The policy rate of North Macedonia is 4.25% (BIS data as of Oct 2, 2026).