Lending interest rate in North Macedonia

North Macedonia: Lending interest rate was 5.4% in 2025. ▼ Falling

Latest (2025)
5.4%
Change on year
down 7.4%
World rank
112th
of 148 countries
All-time high
12.5%
in 2005
All-time low
4.6%
in 2022
Years of data
21
2005–2025

Lending interest rate in North Macedonia, 2005–2025

0510152005201520252005: 12.5 %2006: 11.6 %2007: 10.5 %2008: 10.2 %2009: 11.2 %2010: 10.7 %2011: 9.6 %2012: 9.1 %2013: 8.5 %2014: 7.8 %2015: 7.5 %2016: 7 %2017: 6.6 %2018: 6.1 %2019: 5.6 %2020: 5.2 %2021: 4.9 %2022: 4.6 %2023: 5.4 %2024: 5.9 %2025: 5.4 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

In 2025, lending interest rate in North Macedonia stood at 5.4%.

That represents a change of down 7.4% on the previous year and down 27.4% over ten years.

Over the whole period, lending interest rate in North Macedonia peaked at 12.5% in 2005 and was at its lowest, 4.6%, in 2022.

North Macedonia ranks 112th of 148 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.2% 10.2% 12.5% 5
2010s 7.8% 5.6% 10.7% 10
2020s 5.2% 4.6% 5.9% 6

Countries ranked near North Macedonia

  1. 109 Brunei 5.5% compare
  2. 110 Oman 5.5% compare
  3. 111 Macao 5.5% compare
  4. 113 Cote d'Ivoire 5.3% compare
  5. 113 Guinea-Bissau 5.3% compare
  6. 113 Mali 5.3% compare
  7. 113 Niger 5.3% compare
  8. 113 Senegal 5.3% compare
  9. 113 Togo 5.3% compare

See the full ranking of 148 places →

More financial sector data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is lending interest rate in North Macedonia?
Lending interest rate in North Macedonia was 5.4% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest lending interest rate recorded in North Macedonia?
The highest recorded value was 12.5% in 2005.
What is the lowest lending interest rate recorded in North Macedonia?
The lowest recorded value was 4.6% in 2022.
How does North Macedonia rank for lending interest rate?
North Macedonia ranks 112th out of 148 countries with data for 2025.
Is lending interest rate rising or falling in North Macedonia?
Over the last ten years it is down 27.4%. The long-run trend across the full record is falling.
Where does this North Macedonia data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Lending interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,788 data points, 1960–2025
Last refreshed

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.