Discount Rate, Percent per annum in North Macedonia
North Macedonia: Discount Rate, Percent per annum was 5.35 in 2025. ◆ Volatile
Discount Rate, Percent per annum in North Macedonia, 1994–2025
Source: International Monetary Fund.
Analysis
In 2025, discount rate, percent per annum in North Macedonia stood at 5.35.
The figure is down 15.1% on the previous year and up 64.6% over ten years.
Over the whole period, discount rate, percent per annum in North Macedonia peaked at 33 in 1994 and was at its lowest, 1.25, in 2021.
North Macedonia ranks 34th of 70 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Discount Rate, Percent per annum in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 33 | — |
| 1996 | 9.2 | -72.1% |
| 1997 | 8.9 | -3.3% |
| 1998 | 8.9 | +0.0% |
| 1999 | 8.9 | +0.0% |
| 2000 | 7.9 | -11.2% |
| 2001 | 10.7 | +35.4% |
| 2002 | 10.7 | +0.0% |
| 2003 | 6.5 | -39.3% |
| 2004 | 6.5 | +0.0% |
| 2011 | 4 | -38.5% |
| 2012 | 3.75 | -6.2% |
| 2013 | 3.5 | -6.7% |
| 2014 | 3.25 | -7.1% |
| 2015 | 3.25 | +0.0% |
| 2016 | 4 | +23.1% |
| 2017 | 3.25 | -18.8% |
| 2018 | 3 | -7.7% |
| 2019 | 2.25 | -25.0% |
| 2020 | 1.5 | -33.3% |
| 2021 | 1.25 | -16.7% |
| 2022 | 2 | +60.0% |
| 2023 | 6 | +200.0% |
| 2024 | 6.3 | +5.0% |
| 2025 | 5.35 | -15.1% |
North Macedonia compared with similar countries
- North Macedonia's 5.35 is above the median for upper middle income countries, which is 3.94, 1.4× the median. (22 countries reporting)
- North Macedonia's 5.35 is below the median for Europe & Central Asia, which is 9, 59% of the median. (5 countries reporting)
Biggest year-on-year movements
Years where Discount Rate, Percent per annum 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 | +200.0% | 2 | 6 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.78 | 8.9 | 33 | 5 |
| 2000s | 8.46 | 6.5 | 10.7 | 5 |
| 2010s | 3.36 | 2.25 | 4 | 9 |
| 2020s | 3.73 | 1.25 | 6.3 | 6 |
Countries ranked near North Macedonia
- 32 Jordan 6.75 compare
- 33 Trinidad and Tobago 5.5 compare
- 35 Seychelles 5.13 compare
- 36 Syria 5 compare
- 36 Tanzania 5 compare
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 discount rate, percent per annum in North Macedonia?
- Discount rate, percent per annum in North Macedonia was 5.35 in 2025, according to International Monetary Fund.
- What is the highest discount rate, percent per annum recorded in North Macedonia?
- The highest recorded value was 33 in 1994.
- What is the lowest discount rate, percent per annum recorded in North Macedonia?
- The lowest recorded value was 1.25 in 2021.
- How does North Macedonia rank for discount rate, percent per annum?
- North Macedonia ranks 34th out of 70 countries with data for 2025.
- Is discount rate, percent per annum rising or falling in North Macedonia?
- Over the last ten years it is up 64.6%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from International Monetary Fund, published as part of Discount Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.