Deposit interest rate — all countries

Deposit interest rate — North Macedonia

Deposit interest rate in North Macedonia in 2025 — 2.72%. Ranked 38 in the world out of 70. Since 2005, the indicator has fallen by 2.77 pp.

2025 2.72% +0.31 pp vs 2024
World rank 38of 70
Period maximum 7.77%2009
Period minimum 1.07%2022

Trend over time

2005–2025 · % per annum

Deposit interest rate — North Macedonia, 2005–202502468200520072009201120132015201720192021202320252005: 5.5%2006: 4.71%2007: 5.03%2008: 6.19%2009: 7.77%2010: 7.47%2011: 6.09%2012: 5.17%2013: 4.44%2014: 3.71%2015: 2.9%2016: 2.5%2017: 2.22%2018: 2.04%2019: 1.87%2020: 1.47%2021: 1.19%2022: 1.07%2023: 1.81%2024: 2.41%2025: 2.72%
Change over the period: −2.77 pp Annual average: -0.14 pp
Deposit interest rate — North Macedonia, by year North Macedonia All countries CSV XLSX
Year % Change, pp
2025 2.72 +0.31 pp
2024 2.41 +0.6 pp
2023 1.81 +0.74 pp
2022 1.07 −0.12 pp
2021 1.19 −0.29 pp
2020 1.47 −0.4 pp
2019 1.87 −0.17 pp
2018 2.04 −0.18 pp
2017 2.22 −0.29 pp
2016 2.5 −0.4 pp
2015 2.9 −0.81 pp
2014 3.71 −0.73 pp
2013 4.44 −0.73 pp
2012 5.17 −0.92 pp
2011 6.09 −1.38 pp
2010 7.47 −0.31 pp
2009 7.77 +1.59 pp
2008 6.19 +1.16 pp
2007 5.03 +0.32 pp
2006 4.71 −0.78 pp
2005 5.5

Southern Europe, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

Source: World Economic Outlook (IMF), license IMF open data.