Unlock more jurisdiction sub-pages

Subscribe for full sub-page depth, saves, alerts, and exports.

See plans

North Macedonia flag Investment

North Macedonia

Overview

Investment climate, interest rates, credit ratings, and property market data for North Macedonia.

Key Indicators

Interest Rate
5.85%
World Bank
Policy Rate (NBRNM)
5.35%
11/10/2025 · National Bank of the Republic of North Macedonia
Property Price Change (YoY)
18.2%
2025 Q2 · BIS
Property Rights Index
57/100
WJP
Rental Yield
5.3%
Global Property Guide
Credit Rating
BB-
S&P

Policy Rate History

-0.6%5.0%10.6%16.3%21.9%2000-01-01: 9.50%2000-02-01: 9.50%2000-03-01: 9.50%2000-04-01: 9.45%2000-05-01: 9.73%2000-06-01: 8.59%2000-07-01: 9.45%2000-08-01: 8.59%2000-09-01: 8.45%2000-10-01: 7.88%2000-11-01: 7.03%2000-12-01: 6.89%2001-01-01: 7.45%2001-02-01: 7.60%2001-03-01: 8.10%2001-04-01: 10.00%2001-05-01: 14.27%2001-06-01: 20.00%2001-07-01: 20.00%2001-08-01: 20.00%2001-09-01: 20.00%2001-10-01: 17.00%2001-11-01: 15.00%2001-12-01: 15.00%2002-01-01: 15.00%2002-02-01: 13.00%2002-03-01: 13.00%2002-04-01: 13.00%2002-05-01: 13.00%2002-06-01: 13.00%2002-07-01: 11.20%2002-08-01: 9.51%2002-09-01: 10.19%2002-10-01: 12.01%2002-11-01: 14.01%2002-12-01: 15.22%2003-01-01: 15.05%2003-02-01: 11.42%2003-03-01: 7.93%2003-04-01: 7.00%2003-05-01: 7.00%2003-06-01: 7.00%2003-07-01: 7.00%2003-08-01: 7.00%2003-09-01: 7.00%2003-10-01: 6.38%2003-11-01: 5.79%2003-12-01: 6.65%2004-01-01: 6.74%2004-02-01: 8.00%2004-03-01: 8.00%2004-04-01: 8.00%2004-05-01: 8.00%2004-06-01: 8.00%2004-07-01: 8.00%2004-08-01: 8.50%2004-09-01: 9.00%2004-10-01: 9.00%2004-11-01: 10.00%2004-12-01: 10.00%2005-01-01: 10.00%2005-02-01: 10.00%2005-03-01: 10.00%2005-04-01: 10.00%2005-05-01: 10.00%2005-06-01: 10.00%2005-07-01: 10.00%2005-08-01: 10.00%2005-09-01: 10.00%2005-10-01: 9.85%2005-11-01: 8.77%2005-12-01: 8.37%2006-01-01: 7.04%2006-02-01: 7.18%2006-03-01: 6.44%2006-04-01: 5.92%2006-05-01: 5.70%2006-06-01: 5.50%2006-07-01: 5.56%2006-08-01: 5.50%2006-09-01: 5.34%2006-10-01: 5.72%2006-11-01: 5.81%2006-12-01: 5.81%2007-01-01: 5.58%2007-02-01: 5.36%2007-03-01: 5.25%2007-04-01: 5.05%2007-05-01: 5.00%2007-06-01: 4.98%2007-07-01: 5.17%2007-08-01: 5.11%2007-09-01: 4.68%2007-10-01: 4.78%2007-11-01: 4.74%2007-12-01: 4.81%2008-01-01: 4.99%2008-02-01: 5.25%2008-03-01: 6.00%2008-04-01: 6.00%2008-05-01: 7.00%2008-06-01: 7.00%2008-07-01: 7.00%2008-08-01: 7.00%2008-09-01: 7.00%2008-10-01: 7.00%2008-11-01: 7.00%2008-12-01: 7.00%2009-01-01: 7.00%2009-02-01: 7.00%2009-03-01: 7.00%2009-04-01: 9.00%2009-05-01: 9.00%2009-06-01: 9.00%2009-07-01: 9.00%2009-08-01: 9.00%2009-09-01: 9.00%2009-10-01: 9.00%2009-11-01: 9.00%2009-12-01: 8.50%2010-01-01: 8.00%2010-02-01: 7.50%2010-03-01: 6.50%2010-04-01: 6.50%2010-05-01: 6.00%2010-06-01: 5.00%2010-07-01: 5.00%2010-08-01: 4.50%2010-09-01: 4.50%2010-10-01: 4.50%2010-11-01: 4.50%2010-12-01: 4.00%2011-01-01: 4.00%2011-02-01: 4.00%2011-03-01: 4.00%2011-04-01: 4.00%2011-05-01: 4.00%2011-06-01: 4.00%2011-07-01: 4.00%2011-08-01: 4.00%2011-09-01: 4.00%2011-10-01: 4.00%2011-11-01: 4.00%2011-12-01: 4.00%2012-01-01: 4.00%2012-02-01: 4.00%2012-03-01: 4.00%2012-04-01: 3.94%2012-05-01: 3.71%2012-06-01: 3.73%2012-07-01: 3.73%2012-08-01: 3.73%2012-09-01: 3.73%2012-10-01: 3.73%2012-11-01: 3.73%2012-12-01: 3.73%2013-01-01: 3.49%2013-02-01: 3.48%2013-03-01: 3.42%2013-04-01: 3.38%2013-05-01: 3.37%2013-06-01: 3.21%2013-07-01: 3.25%2013-08-01: 3.25%2013-09-01: 3.25%2013-10-01: 3.25%2013-11-01: 3.25%2013-12-01: 3.25%2014-01-01: 3.25%2014-02-01: 3.25%2014-03-01: 3.25%2014-04-01: 3.25%2014-05-01: 3.25%2014-06-01: 3.25%2014-07-01: 3.25%2014-08-01: 3.25%2014-09-01: 3.25%2014-10-01: 3.25%2014-11-01: 3.25%2014-12-01: 3.25%2015-01-01: 3.25%2015-02-01: 3.25%2015-03-01: 3.25%2015-04-01: 3.25%2015-05-01: 3.25%2015-06-01: 3.25%2015-07-01: 3.25%2015-08-01: 3.25%2015-09-01: 3.25%2015-10-01: 3.25%2015-11-01: 3.25%2015-12-01: 3.25%2016-01-01: 3.25%2016-02-01: 3.25%2016-03-01: 3.25%2016-04-01: 3.25%2016-05-01: 4.00%2016-06-01: 4.00%2016-07-01: 4.00%2016-08-01: 4.00%2016-09-01: 4.00%2016-10-01: 4.00%2016-11-01: 4.00%2016-12-01: 3.75%2017-01-01: 3.50%2017-02-01: 3.25%2017-03-01: 3.25%2017-04-01: 3.25%2017-05-01: 3.25%2017-06-01: 3.25%2017-07-01: 3.25%2017-08-01: 3.25%2017-09-01: 3.25%2017-10-01: 3.25%2017-11-01: 3.25%2017-12-01: 3.25%2018-01-01: 3.25%2018-02-01: 3.25%2018-03-01: 3.00%2018-04-01: 3.00%2018-05-01: 3.00%2018-06-01: 3.00%2018-07-01: 3.00%2018-08-01: 2.75%2018-09-01: 2.75%2018-10-01: 2.75%2018-11-01: 2.75%2018-12-01: 2.50%2019-01-01: 2.50%2019-02-01: 2.50%2019-03-01: 2.25%2019-04-01: 2.25%2019-05-01: 2.25%2019-06-01: 2.25%2019-07-01: 2.25%2019-08-01: 2.25%2019-09-01: 2.25%2019-10-01: 2.25%2019-11-01: 2.25%2019-12-01: 2.25%2020-01-01: 2.00%2020-02-01: 2.00%2020-03-01: 1.75%2020-04-01: 1.75%2020-05-01: 1.50%2020-06-01: 1.50%2020-07-01: 1.50%2020-08-01: 1.50%2020-09-01: 1.50%2020-10-01: 1.50%2020-11-01: 1.50%2020-12-01: 1.50%2021-01-01: 1.50%2021-02-01: 1.50%2021-03-01: 1.25%2021-04-01: 1.25%2021-05-01: 1.25%2021-06-01: 1.25%2021-07-01: 1.25%2021-08-01: 1.25%2021-09-01: 1.25%2021-10-01: 1.25%2021-11-01: 1.25%2021-12-01: 1.25%2022-01-01: 1.25%2022-02-01: 1.25%2022-03-01: 1.25%2022-04-01: 1.50%2022-05-01: 1.75%2022-06-01: 2.00%2022-07-01: 2.50%2022-08-01: 2.50%2022-09-01: 3.00%2022-10-01: 3.50%2022-11-01: 4.25%2022-12-01: 4.75%2023-01-01: 4.75%2023-02-01: 5.25%2023-03-01: 5.50%2023-04-01: 5.50%2023-05-01: 5.75%2023-06-01: 6.00%2023-07-01: 6.00%2023-08-01: 6.15%2023-09-01: 6.30%2023-10-01: 6.30%2023-11-01: 6.30%2023-12-01: 6.30%2024-01-01: 6.30%2024-02-01: 6.30%2024-03-01: 6.30%2024-04-01: 6.30%2024-05-01: 6.30%2024-06-01: 6.30%2024-07-01: 6.30%2024-08-01: 6.30%2024-09-01: 6.05%2024-10-01: 5.80%2024-11-01: 5.80%2024-12-01: 5.55%2025-01-01: 5.55%2025-02-01: 5.35%2025-03-01: 5.35%2025-04-01: 5.35%2025-05-01: 5.35%2025-06-01: 5.35%2025-07-01: 5.35%2025-08-01: 5.35%2025-09-01: 5.35%2025-10-01: 5.35%200020122025

310 monthly data points since 2000

Property Price Index

Frequently Asked Questions

Sources: World Bank · Last updated: 2025

Subscribe to unlock more jurisdiction sub-pages this month.

You can keep discovering Oyster publicly, but full multi-jurisdiction depth, tracking, alerts, and exports are part of paid access.

View plans Log in