Central Bank RatesNorth Macedonia policy rate in 2025 (2 changes)
Start of year5.55%
End of year4.00%Dec 31, 2025
Net change-155 bp0 hikes, 2 cuts
Average5.335%
Rank by level20 / 38
Changes in 2025
| Date | From | To | Change |
|---|---|---|---|
| Feb 5, 2025 | 5.55% | 5.35% | cut -20 bp |
| Dec 24, 2025 | 5.35% | 4.00% | cut -135 bp |
Compared with other areas at the end of 2025
38%
16%
15%
9.25%
7.25%
7%
6.75%
6.5%
6.5%
5.75%
5.25%
4.75%
4.5%
4.5%
4.25%
4.25%
4.25%
4%
4%
4%
4%
3.75%
3.625%
3.6%
3.5%
3.5%
3%
2.75%
2.5%
2.25%
2.25%
2.25%
2%
1.75%
1.6%
1.25%
0.75%
0%
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%
2025: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.