Latin America & Caribbean (excluding high income) vs Micronesia (country): Interest rate spread
Interest rate spread over time
- Latin America & Caribbean (excluding high income)
- Micronesia (country)
How they compare
Micronesia (country) currently reports 12.6% against 6.3% in Latin America & Caribbean (excluding high income), a difference of 6.3%.
That makes Micronesia (country)'s figure about 2.0 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 1 time across 27 shared years of data; in 1995 it was Latin America & Caribbean (excluding high income) ahead.
Latin America & Caribbean (excluding high income) ranks 14th and Micronesia (country) ranks 13th of 40 groups.
Across the 4 decades both report, Latin America & Caribbean (excluding high income) averaged higher in 1 and Micronesia (country) in 3.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.2% | 10.7% | 0.5% | Latin America & Caribbean (excluding high income) |
| 2000s | 8.1% | 13.1% | 5.0% | Micronesia (country) |
| 2010s | 7.5% | 14.8% | 7.3% | Micronesia (country) |
| 2020s | 6.9% | 13.5% | 6.6% | Micronesia (country) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Latin America & Caribbean (excluding high income) or Micronesia (country)?
- Micronesia (country), at 12.6% against 6.3% in Latin America & Caribbean (excluding high income) as of 2021.
- What is the difference in interest rate spread between Latin America & Caribbean (excluding high income) and Micronesia (country)?
- 6.3%, with Micronesia (country) ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Micronesia (country)?
- 27 years are reported by both, from 1995 to 2021.
- How do Latin America & Caribbean (excluding high income) and Micronesia (country) rank globally for interest rate spread?
- Latin America & Caribbean (excluding high income) ranks 14th and Micronesia (country) ranks 13th of 40 groups.
- 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.