North Macedonia: Mortgage credit interest rate

* indicates monthly or quarterly data series
 North Macedonia

Mortgage credit interest rate, percent

 Latest value 3.85
 Reference March 2024
 Measure percent
 Data availability January 2015 - March 2024
 Average 4.97
 Min - Max 3.51 - 8.45
 Source National Bank of the Republic of Macedonia
For that indicator, we provide data for North Macedonia from January 2015 to March 2024. The average value for North Macedonia during that period was 4.97 percent with a minimum of 3.51 percent in January 2022 and a maximum of 8.45 percent in January 2015. Click on the following link to see the values of Mortgage credit interest rate, percent around the world.
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* indicates monthly or quarterly data series


Recent values chart
North Macedonia - Mortgage credit interest rate - recent values

Historical chart
North Macedonia - Mortgage credit interest rate - historical chart - 2015-2024
Measure: percent
Source: National Bank of the Republic of Macedonia


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Definition: The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate.

 Related indicators Latest value Reference Measure
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 Exchange rate regimes 6 2021 index points
 USD exchange rate 57.6580 9/2023 Local Currency Units per USD
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 Consumer Price Index (CPI) 140.8500 9/2023 index points
 Inflation, monthly 0.16 9/2023 percent
 Inflation, annual 6.56 9/2023 percent
 Private sector credit 431.73 9/2023 billion
 Business credit 206.20 9/2023 billion
 Household credit 225.54 9/2023 billion
 Mortgage credit 81.25 9/2023 billion
 Consumer credit 144.29 9/2023 billion
 Deposit interest rate 2.01 9/2023 percent
 Business credit interest rate 4.94 9/2023 percent
 Mortgage credit interest rate 3.69 9/2023 percent
 Policy rate 6.30 9/2023 percent
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