North Macedonia policy rate in 2002 (70 changes)

Start of year15.00%

End of year15.22%Dec 31, 2002

Net change+22 bp37 hikes, 33 cuts

Average12.786%

Rank by level4 / 34

Changes in 2002

Date	From	To	Change
Feb 27, 2002	15.00%	13.00%	cut -200 bp
Jul 17, 2002	13.00%	12.94%	cut -6 bp
Jul 19, 2002	12.94%	12.89%	cut -5 bp
Jul 22, 2002	12.89%	13.00%	hike +11 bp
Jul 24, 2002	13.00%	12.75%	cut -25 bp
Jul 26, 2002	12.75%	11.65%	cut -110 bp
Jul 29, 2002	11.65%	11.58%	cut -7 bp
Jul 31, 2002	11.58%	11.20%	cut -38 bp
Aug 5, 2002	11.20%	10.57%	cut -63 bp
Aug 7, 2002	10.57%	10.35%	cut -22 bp
Aug 9, 2002	10.35%	10.48%	hike +13 bp
Aug 12, 2002	10.48%	10.44%	cut -4 bp
Aug 14, 2002	10.44%	10.18%	cut -26 bp
Aug 16, 2002	10.18%	10.34%	hike +16 bp
Aug 19, 2002	10.34%	10.54%	hike +20 bp
Aug 21, 2002	10.54%	10.37%	cut -17 bp
Aug 23, 2002	10.37%	9.93%	cut -44 bp
Aug 26, 2002	9.93%	9.82%	cut -11 bp
Aug 28, 2002	9.82%	9.77%	cut -5 bp
Aug 30, 2002	9.77%	9.51%	cut -26 bp
Sep 2, 2002	9.51%	9.43%	cut -8 bp
Sep 4, 2002	9.43%	9.32%	cut -11 bp
Sep 6, 2002	9.32%	9.21%	cut -11 bp
Sep 11, 2002	9.21%	8.93%	cut -28 bp
Sep 13, 2002	8.93%	8.91%	cut -2 bp
Sep 16, 2002	8.91%	9.19%	hike +28 bp
Sep 18, 2002	9.19%	9.45%	hike +26 bp
Sep 20, 2002	9.45%	9.36%	cut -9 bp
Sep 23, 2002	9.36%	9.72%	hike +36 bp
Sep 25, 2002	9.72%	10.23%	hike +51 bp
Sep 27, 2002	10.23%	10.11%	cut -12 bp
Sep 30, 2002	10.11%	10.19%	hike +8 bp
Oct 2, 2002	10.19%	10.22%	hike +3 bp
Oct 4, 2002	10.22%	10.41%	hike +19 bp
Oct 7, 2002	10.41%	10.36%	cut -5 bp
Oct 9, 2002	10.36%	10.52%	hike +16 bp
Oct 14, 2002	10.52%	10.80%	hike +28 bp
Oct 16, 2002	10.80%	11.05%	hike +25 bp
Oct 18, 2002	11.05%	11.22%	hike +17 bp
Oct 21, 2002	11.22%	11.40%	hike +18 bp
Oct 23, 2002	11.40%	11.81%	hike +41 bp
Oct 25, 2002	11.81%	11.96%	hike +15 bp
Oct 28, 2002	11.96%	11.75%	cut -21 bp
Oct 30, 2002	11.75%	12.01%	hike +26 bp
Nov 1, 2002	12.01%	12.45%	hike +44 bp
Nov 4, 2002	12.45%	11.94%	cut -51 bp
Nov 6, 2002	11.94%	12.07%	hike +13 bp
Nov 8, 2002	12.07%	12.82%	hike +75 bp
Nov 11, 2002	12.82%	12.84%	hike +2 bp
Nov 13, 2002	12.84%	12.92%	hike +8 bp
Nov 15, 2002	12.92%	12.95%	hike +3 bp
Nov 18, 2002	12.95%	12.84%	cut -11 bp
Nov 20, 2002	12.84%	12.95%	hike +11 bp
Nov 22, 2002	12.95%	13.15%	hike +20 bp
Nov 24, 2002	13.15%	13.43%	hike +28 bp
Nov 27, 2002	13.43%	13.68%	hike +25 bp
Nov 29, 2002	13.68%	14.01%	hike +33 bp
Dec 2, 2002	14.01%	13.76%	cut -25 bp
Dec 4, 2002	13.76%	14.30%	hike +54 bp
Dec 6, 2002	14.30%	15.47%	hike +117 bp
Dec 9, 2002	15.47%	15.51%	hike +4 bp
Dec 11, 2002	15.51%	15.46%	cut -5 bp
Dec 13, 2002	15.46%	15.59%	hike +13 bp
Dec 16, 2002	15.59%	15.40%	cut -19 bp
Dec 18, 2002	15.40%	15.60%	hike +20 bp
Dec 20, 2002	15.60%	15.55%	cut -5 bp
Dec 23, 2002	15.55%	15.56%	hike +1 bp
Dec 25, 2002	15.56%	15.60%	hike +4 bp
Dec 27, 2002	15.60%	15.56%	cut -4 bp
Dec 30, 2002	15.56%	15.22%	cut -34 bp

Compared with other areas at the end of 2002

Türkiye44%

Brazil25%

Russia21%

North Macedonia15.22%

South Africa13.5%

Serbia9.5%

Israel8.9%

Hungary8.5%

Mexico8.25%

India7.5%

Philippines7%

Poland6.75%

Norway6.5%

New Zealand5.75%

Iceland5.63%

China5.31%

Colombia5.25%

Malaysia5%

Australia4.75%

South Korea4.25%

United Kingdom4%

Sweden3.75%

Morocco3.25%

Kuwait3.25%

Chile3%

Denmark2.95%

Euro area2.75%

Hong Kong2.75%

Czechia2.75%

Canada2.75%

Saudi Arabia2%

Thailand1.75%

United States1.25%

Switzerland0.75%

Year-end rate over time

20264.25%

20254%

20245.55%

20236.3%

20224.75%

20211.25%

20201.5%

20192.25%

20182.5%

20173.25%

20163.75%

20153.25%

20143.25%

20133.25%

20123.73%

20114%

20104%

20098.5%

20087%

20074.81%

20065.81%

20058.37%

200410%

20036.65%

200215.22%

200115%

20006.89%

← 2001 2003 →

2002: hikes and cuts worldwide →

Daily policy-rate data compiled by the BIS. Not investment advice.