China vs United Kingdom: Interest rate spread (lending rate minus deposit rate, %)
China
2.9%
in 2024
United Kingdom
2.7%
in 1998
China rank
107th
United Kingdom rank
109th
Interest rate spread (lending rate minus deposit rate, %) over time
- China
- United Kingdom
How they compare
China currently reports 2.9% against 2.7% in United Kingdom, a difference of 0.2%.
The two have swapped places 6 times across 19 shared years of data; in 1980 it was United Kingdom ahead.
China ranks 107th and United Kingdom ranks 109th of 141 countries.
United Kingdom has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | China | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.6% | 1.2% | 0.6% | United Kingdom |
| 1990s | 1.4% | 2.3% | 1.0% | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, China or United Kingdom?
- China, at 2.9% against 2.7% in United Kingdom as of 2024.
- What is the difference in interest rate spread between China and United Kingdom?
- 0.2%, with China ahead.
- How many years of comparable data are there for China and United Kingdom?
- 19 years are reported by both, from 1980 to 1998.
- How do China and United Kingdom rank globally for interest rate spread?
- China ranks 107th and United Kingdom ranks 109th of 141 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Interest rate spread (lending rate minus deposit rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.