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North Macedonia — Central bank policy rate

percent · Monthly · Dec 1993–Aug 2026 · 389 observations

About this series

The central bank policy rate is the interest rate used by the monetary authority to implement or signal its policy stance. The exact instrument depends on the country.

For North Macedonia, the central bank policy rate reading stood at 4.25% in Aug 2026. Against 4.25% in Jul 2026, the period change was 0 percentage points. Against 5.35% in Aug 2025, the year-on-year change was −1.1 percentage points.

020040060019932022Aug 2026%Subscribe to view

Get the full series

  • Monthly data, 1993–2026
  • Annual data, 1993–2025
  • Quarterly data, 1994–2026
  • All 2 sources, downloadable

Latest observations

Mar 2020–Aug 2026

PeriodValue
Aug 20264.25 %
Jul 20264.25 %
Jun 20264.25 %
May 20264 %
Apr 20264 %
15 earlier values
Mar 20264 %
Feb 20264 %
Jan 20264 %
Dec 20254 %
Nov 20255.35 %
Oct 20255.35 %
Sep 20255.35 %
Aug 20255.35 %
Jul 20255.35 %
Jun 20255.35 %
May 20255.35 %
Apr 20255.35 %
Mar 20255.35 %
Feb 20255.35 %
Jan 20255.55 %

Values before Jan 2025, back to Mar 2020, are on the chart — hover to read them.

Data release 2026_10_06_0823, published 6 Oct 2026.