Deposit interest rate (%) in North Macedonia
North Macedonia: Deposit interest rate (%) was 2.7% in 2025. ◆ Volatile
Deposit interest rate in North Macedonia, 2005–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
North Macedonia recorded 2.7% for deposit interest rate in 2025.
Compared with earlier readings it is up 12.9% on the previous year and down 6.1% over ten years.
Over the whole period, deposit interest rate in North Macedonia peaked at 7.8% in 2009 and was at its lowest, 1.1%, in 2022.
That places North Macedonia 87th out of 153 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit interest rate (%) in North Macedonia, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 5.5% | — |
| 2006 | 4.7% | -14.3% |
| 2007 | 5.0% | +6.7% |
| 2008 | 6.2% | +23.0% |
| 2009 | 7.8% | +25.7% |
| 2010 | 7.5% | -3.9% |
| 2011 | 6.1% | -18.5% |
| 2012 | 5.2% | -15.1% |
| 2013 | 4.4% | -14.1% |
| 2014 | 3.7% | -16.4% |
| 2015 | 2.9% | -21.9% |
| 2016 | 2.5% | -13.7% |
| 2017 | 2.2% | -11.5% |
| 2018 | 2.0% | -7.9% |
| 2019 | 1.9% | -8.2% |
| 2020 | 1.5% | -21.3% |
| 2021 | 1.2% | -19.6% |
| 2022 | 1.1% | -9.7% |
| 2023 | 1.8% | +69.5% |
| 2024 | 2.4% | +33.0% |
| 2025 | 2.7% | +12.9% |
North Macedonia compared with similar countries
- North Macedonia's 2.7% is below the median for upper middle income countries, which is 4.1%, 67% of the median. (53 countries reporting)
- North Macedonia's 2.7% is below the median for Europe & Central Asia, which is 3.2%, 85% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Deposit interest rate (%) in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +69.5% | 1.1% | 1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.8% | 4.7% | 7.8% | 5 |
| 2010s | 3.8% | 1.9% | 7.5% | 10 |
| 2020s | 1.8% | 1.1% | 2.7% | 6 |
Countries ranked near North Macedonia
More financial sector data for North Macedonia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is deposit interest rate in North Macedonia?
- Deposit interest rate in North Macedonia was 2.7% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in North Macedonia?
- The highest recorded value was 7.8% in 2009.
- What is the lowest deposit interest rate recorded in North Macedonia?
- The lowest recorded value was 1.1% in 2022.
- How does North Macedonia rank for deposit interest rate?
- North Macedonia ranks 87th out of 153 countries with data for 2025.
- Is deposit interest rate rising or falling in North Macedonia?
- Over the last ten years it is down 6.1%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.