Central Bank RatesNorth Macedonia policy rate in 2020 (3 changes)
Start of year2.25%
End of year1.50%Dec 31, 2020
Net change-75 bp0 hikes, 3 cuts
Average1.647%
Rank by level13 / 38
Changes in 2020
| Date | From | To | Change |
|---|---|---|---|
| Jan 15, 2020 | 2.25% | 2.00% | cut -25 bp |
| Mar 16, 2020 | 2.00% | 1.75% | cut -25 bp |
| May 13, 2020 | 1.75% | 1.50% | cut -25 bp |
Compared with other areas at the end of 2020
17%
4.25%
4.25%
4%
3.85%
3.75%
3.5%
2%
2%
1.75%
1.75%
1.5%
1.5%
1.5%
1.5%
1%
1%
0.75%
0.6%
0.5%
0.5%
0.5%
0.5%
0.25%
0.25%
0.25%
0.25%
0.125%
0.1%
0.1%
0.1%
0.1%
0%
0%
0%
-0.1%
-0.6%
-0.75%
Year-end rate over time
4.25%
4%
5.55%
6.3%
4.75%
1.25%
1.5%
2.25%
2.5%
3.25%
3.75%
3.25%
3.25%
3.25%
3.73%
4%
4%
8.5%
7%
4.81%
5.81%
8.37%
10%
6.65%
15.22%
15%
6.89%
2020: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.