Bank net interest margin (%) in United Kingdom
United Kingdom: Bank net interest margin (%) was 1.8% in 2021. ▲ Rising
Bank net interest margin in United Kingdom, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
United Kingdom recorded 1.8% for bank net interest margin in 2021.
That represents a change of down 0.8% on the previous year and up 11.5% over ten years.
Over the whole period, bank net interest margin in United Kingdom peaked at 2.7% in 2005 and was at its lowest, 1.0%, in 2001.
That places United Kingdom 127th out of 166 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Bank net interest margin (%) in United Kingdom, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.3% | — |
| 2001 | 1.0% | -24.3% |
| 2002 | 1.4% | +46.4% |
| 2003 | 1.9% | +34.8% |
| 2004 | 2.3% | +20.8% |
| 2005 | 2.7% | +16.8% |
| 2006 | 1.5% | -42.2% |
| 2007 | 1.9% | +21.8% |
| 2008 | 1.7% | -9.1% |
| 2009 | 1.6% | -6.0% |
| 2010 | 2.1% | +33.2% |
| 2011 | 1.6% | -22.5% |
| 2012 | 1.0% | -36.8% |
| 2013 | 1.5% | +43.9% |
| 2014 | 1.5% | -1.3% |
| 2015 | 2.0% | +33.2% |
| 2016 | 1.9% | -5.7% |
| 2017 | 1.8% | -4.4% |
| 2018 | 1.5% | -12.8% |
| 2019 | 2.2% | +45.2% |
| 2020 | 1.9% | -17.6% |
| 2021 | 1.8% | -0.8% |
United Kingdom compared with similar countries
- United Kingdom's 1.8% is below the median for high income countries, which is 1.9%, 95% of the median. (62 countries reporting)
- United Kingdom's 1.8% is below the median for Europe & Central Asia, which is 2.0%, 92% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.7% | 1.0% | 2.7% | 10 |
| 2010s | 1.7% | 1.0% | 2.2% | 10 |
| 2020s | 1.8% | 1.8% | 1.9% | 2 |
Countries ranked near United Kingdom
More financial sector data for United Kingdom
- Reserve position in the IMF, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 104.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.29 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 76.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 104.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.29 % change on previous year (2025)
Frequently asked questions
- What is bank net interest margin in United Kingdom?
- Bank net interest margin in United Kingdom was 1.8% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in United Kingdom?
- The highest recorded value was 2.7% in 2005.
- What is the lowest bank net interest margin recorded in United Kingdom?
- The lowest recorded value was 1.0% in 2001.
- How does United Kingdom rank for bank net interest margin?
- United Kingdom ranks 127th out of 166 countries with data for 2021.
- Is bank net interest margin rising or falling in United Kingdom?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is rising.
- Where does this United Kingdom data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.