Macedonia Interest Rate

The benchmark interest rate in Macedonia was last recorded at 3.25 percent. Interest Rate in Macedonia is reported by the National Bank of the Republic of Macedonia. Interest Rate in Macedonia averaged 6.64 Percent from 2002 until 2014, reaching an all time high of 15.21 Percent in December of 2002 and a record low of 3.21 Percent in June of 2013. In Macedonia, interest rates decisions are taken by the National Bank of the Republic of Macedonia. The National Bank of the Republic of Macedonia official interest rate is the Central Bank bills rate. This page provides - Macedonia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.25 3.25 15.21 3.21 3.25 | 2014/04 2002 - 2014 Percent Monthly

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Macedonia Interest Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-30 03:00 PM Macedonia
Interest Rate Decision
Dec 2013 3.25% 3.25% 3.25%
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 3.25 2014-03-31 3.25 15.21 3.21 3.25 2014-04-30 Percent [+]
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Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Macedonia Balance of Trade at -181811.00 USD Thousands  
Macedonia recorded a trade deficit of 181811 USD Thousands in February of 2014. Balance of Trade in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Current Account at -22.90 USD Million  
Macedonia recorded a Current Account deficit of 22.90 USD Million in January of 2014. Current Account in Macedonia is reported by the National Bank of the Republic of Macedonia.
Macedonia Changes in Inventories at 29519.00 MKD Million  
Changes in Inventories in Macedonia increased to 29519 MKD Million in 2012 from 25850 MKD Million in 2011. Changes in Inventories in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Consumer Price Index (CPI) at 100.56 Index Points  
Consumer Price Index (CPI) in Macedonia decreased to 100.56 Index Points in March of 2014 from 100.73 Index Points in February of 2014. Consumer Price Index (CPI) in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Consumer Spending at 90372.00 MKD Million  
Consumer Spending in Macedonia increased to 90372 MKD Million in the fourth quarter of 2013 from 89925 MKD Million in the third quarter of 2013. Consumer Spending in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Employed Persons at 685479.00  
The number of employed persons in Macedonia increased to 685479 in the fourth quarter of 2013 from 682448 in the third quarter of 2013. Employed Persons in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Exports at 376474.00 USD Thousands  
Exports in Macedonia increased to 376474 USD Thousands in February of 2014 from 320416 USD Thousands in January of 2014. Exports in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia GDP Constant Prices at 127842.00 MKD Million  
GDP Constant Prices in Macedonia increased to 127842 MKD Million in the fourth quarter of 2013 from 123246 MKD Million in the third quarter of 2013. GDP Constant Prices in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia GDP Deflator at 100.13 Percent  
GDP Deflator in Macedonia decreased to 100.13 percent in 2012 from 103.10 percent in 2011. GDP Deflator in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Government Budget Value at -5669.00 MKD Million  
Macedonia recorded a government budget deficit of 5669 MKD Million in February of 2014. Government Budget Value in Macedonia is reported by the Ministry of Finance of the Republic of Macedonia.
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