National Bank of North Macedonia
Official policy rate, 4.25% since 17 June 2026.
as of 30 Oct 2026 · BIS daily levels · 384 decisions since 2000
North Macedonia·MKD·all central banksLast
4.25%
17 June 2026
Previous
4.00%
24 December 2025
High since 2000
20.00%
18 June 2001
Low since 2000
1.25%
10 March 2021
Meetings a year
—
schedule not on file
Next decision
—
not published
Every decision
Newest first; a shaded row marks a change of instrument.
| Date | Level | Change | Instrument |
|---|---|---|---|
| 2026-06-17 | 4.25% | +0.25% | Official policy rate |
| 2025-12-24 | 4.00% | −1.35% | Official policy rate |
| 2025-02-05 | 5.35% | −0.20% | Official policy rate |
| 2024-12-18 | 5.55% | −0.25% | Official policy rate |
| 2024-10-24 | 5.80% | −0.25% | Official policy rate |
| 2024-09-18 | 6.05% | −0.25% | Official policy rate |
| 2023-09-20 | 6.30% | +0.15% | Official policy rate |
| 2023-08-03 | 6.15% | +0.15% | Official policy rate |
| 2023-06-21 | 6.00% | +0.25% | Official policy rate |
| 2023-05-10 | 5.75% | +0.25% | Official policy rate |
| 2023-03-22 | 5.50% | +0.25% | Official policy rate |
| 2023-02-15 | 5.25% | +0.50% | Official policy rate |
| 2022-12-14 | 4.75% | +0.50% | Official policy rate |
| 2022-11-16 | 4.25% | +0.75% | Official policy rate |
| 2022-10-12 | 3.50% | +0.50% | Official policy rate |
| 2022-09-14 | 3.00% | +0.50% | Official policy rate |
| 2022-07-13 | 2.50% | +0.50% | Official policy rate |
| 2022-06-15 | 2.00% | +0.25% | Official policy rate |
| 2022-05-11 | 1.75% | +0.25% | Official policy rate |
| 2022-04-13 | 1.50% | +0.25% | Official policy rate |
| 2021-03-10 | 1.25% | −0.25% | Official policy rate |
| 2020-05-13 | 1.50% | −0.25% | Official policy rate |
| 2020-03-16 | 1.75% | −0.25% | Official policy rate |
| 2020-01-15 | 2.00% | −0.25% | Official policy rate |
| 2019-03-13 | 2.25% | −0.25% | Official policy rate |
| 2018-12-12 | 2.50% | −0.25% | Official policy rate |
| 2018-08-15 | 2.75% | −0.25% | Official policy rate |
| 2018-03-15 | 3.00% | −0.25% | Official policy rate |
| 2017-02-15 | 3.25% | −0.25% | Official policy rate |
| 2017-01-11 | 3.50% | −0.25% | Official policy rate |
| 2016-12-14 | 3.75% | −0.25% | Official policy rate |
| 2016-05-11 | 4.00% | +0.75% | Official policy rate |
| 2013-07-10 | 3.25% | +0.04% | Official policy rate |
| 2013-06-12 | 3.21% | −0.16% | Official policy rate |
| 2013-05-15 | 3.37% | −0.01% | Official policy rate |
| 2013-04-10 | 3.38% | −0.04% | Official policy rate |
| 2013-03-13 | 3.42% | −0.06% | Official policy rate |
| 2013-02-13 | 3.48% | −0.01% | Official policy rate |
| 2013-01-09 | 3.49% | −0.24% | Official policy rate |
| 2012-06-13 | 3.73% | +0.02% | Official policy rate |
| 2012-05-09 | 3.71% | −0.22% | Official policy rate |
| 2012-05-02 | 3.93% | −0.01% | Official policy rate |
| 2012-04-25 | 3.94% | −0.03% | Official policy rate |
| 2012-04-18 | 3.97% | +0.03% | Official policy rate |
| 2012-04-11 | 3.94% | −0.06% | Official policy rate |
| 2010-12-15 | 4.00% | −0.50% | Official policy rate |
| 2010-12-10 | 4.50% | +0.50% | Official policy rate |
| 2010-12-09 | 4.00% | −0.50% | Official policy rate |
| 2010-08-18 | 4.50% | −0.50% | Official policy rate |
| 2010-06-16 | 5.00% | −1.00% | Official policy rate |
| 2010-05-26 | 6.00% | −0.50% | Official policy rate |
| 2010-03-31 | 6.50% | −1.00% | Official policy rate |
| 2010-02-10 | 7.50% | −0.50% | Official policy rate |
| 2010-01-05 | 8.00% | −0.50% | Official policy rate |
| 2009-12-02 | 8.50% | −0.50% | Official policy rate |
| 2009-04-01 | 9.00% | +2.00% | Official policy rate |
| 2008-05-14 | 7.00% | +1.00% | Official policy rate |
| 2008-03-13 | 6.00% | +0.75% | Official policy rate |
| 2008-02-20 | 5.25% | +0.17% | Official policy rate |
| 2008-02-13 | 5.08% | +0.10% | Official policy rate |
| 2008-02-06 | 4.98% | −0.01% | Official policy rate |
| 2008-01-30 | 4.99% | +0.04% | Official policy rate |
| 2008-01-23 | 4.95% | +0.07% | Official policy rate |
| 2008-01-16 | 4.88% | +0.06% | Official policy rate |
| 2008-01-09 | 4.82% | −0.01% | Official policy rate |
| 2008-01-02 | 4.83% | +0.02% | Official policy rate |
| 2007-12-26 | 4.81% | +0.04% | Official policy rate |
| 2007-12-19 | 4.77% | +0.01% | Official policy rate |
| 2007-12-12 | 4.76% | +0.04% | Official policy rate |
| 2007-12-05 | 4.72% | −0.02% | Official policy rate |
| 2007-11-28 | 4.74% | +0.02% | Official policy rate |
| 2007-11-21 | 4.72% | +0.21% | Official policy rate |
| 2007-11-14 | 4.51% | −0.14% | Official policy rate |
| 2007-11-07 | 4.65% | −0.13% | Official policy rate |
| 2007-10-31 | 4.78% | −0.08% | Official policy rate |
| 2007-10-24 | 4.86% | −0.01% | Official policy rate |
| 2007-10-17 | 4.87% | +0.07% | Official policy rate |
| 2007-10-10 | 4.80% | +0.21% | Official policy rate |
| 2007-10-03 | 4.59% | −0.09% | Official policy rate |
| 2007-09-26 | 4.68% | −0.04% | Official policy rate |
| 2007-09-19 | 4.72% | −0.23% | Official policy rate |
| 2007-09-12 | 4.95% | −0.04% | Official policy rate |
| 2007-09-05 | 4.99% | −0.12% | Official policy rate |
| 2007-08-29 | 5.11% | −0.02% | Official policy rate |
| 2007-08-22 | 5.13% | +0.05% | Official policy rate |
| 2007-08-15 | 5.08% | −0.03% | Official policy rate |
| 2007-08-08 | 5.11% | +0.01% | Official policy rate |
| 2007-08-01 | 5.10% | −0.07% | Official policy rate |
| 2007-07-25 | 5.17% | −0.01% | Official policy rate |
| 2007-07-18 | 5.18% | +0.06% | Official policy rate |
| 2007-07-11 | 5.12% | +0.11% | Official policy rate |
| 2007-07-04 | 5.01% | +0.03% | Official policy rate |
| 2007-06-27 | 4.98% | +0.12% | Official policy rate |
| 2007-06-20 | 4.86% | −0.02% | Official policy rate |
| 2007-06-13 | 4.88% | +0.02% | Official policy rate |
| 2007-06-06 | 4.86% | −0.14% | Official policy rate |
| 2007-05-30 | 5.00% | −0.07% | Official policy rate |
| 2007-05-16 | 5.07% | −0.01% | Official policy rate |
| 2007-05-09 | 5.08% | +0.04% | Official policy rate |
| 2007-05-02 | 5.04% | −0.01% | Official policy rate |
2026-06-174.25%
Official policy rate+0.25%
2025-12-244.00%
Official policy rate−1.35%
2025-02-055.35%
Official policy rate−0.20%
2024-12-185.55%
Official policy rate−0.25%
2024-10-245.80%
Official policy rate−0.25%
2024-09-186.05%
Official policy rate−0.25%
2023-09-206.30%
Official policy rate+0.15%
2023-08-036.15%
Official policy rate+0.15%
2023-06-216.00%
Official policy rate+0.25%
2023-05-105.75%
Official policy rate+0.25%
2023-03-225.50%
Official policy rate+0.25%
2023-02-155.25%
Official policy rate+0.50%
Where these numbers come from
Derived entirely from BIS daily policy-rate levels (WS_CBPOL); every day the level differs from the prior day is a change day. The BIS COMPILATION text did not parse into dated eras, so the whole run is tagged with a single instrument name taken from that text.