Interest rate spread (lending rate minus deposit rate, %) in Aruba
Aruba: Interest rate spread (lending rate minus deposit rate, %) was 3.0% in 2023. ▬ Flat
Interest rate spread in Aruba, 1986–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
Aruba recorded 3.0% for interest rate spread in 2023. That is the lowest value across all 38 years on record.
Compared with earlier readings it is down 30.2% on the previous year and down 43.4% over ten years.
Over the whole period, interest rate spread in Aruba peaked at 8.4% in 2010 and was at its lowest, 3.0%, in 2023.
That places Aruba 104th out of 141 countries with data for 2023, putting it in the middle of the range.
Interest rate spread (lending rate minus deposit rate, %) in Aruba, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1986 | 4.6% | — |
| 1987 | 3.7% | -19.2% |
| 1988 | 3.5% | -4.7% |
| 1989 | 3.8% | +6.6% |
| 1990 | 3.9% | +3.3% |
| 1991 | 4.1% | +5.8% |
| 1992 | 4.7% | +14.1% |
| 1993 | 5.6% | +19.5% |
| 1994 | 6.6% | +17.5% |
| 1995 | 6.2% | -5.7% |
| 1996 | 6.1% | -2.0% |
| 1997 | 5.9% | -3.5% |
| 1998 | 6.1% | +4.2% |
| 1999 | 7.0% | +13.6% |
| 2000 | 5.9% | -15.9% |
| 2001 | 6.1% | +4.0% |
| 2002 | 5.1% | -16.4% |
| 2003 | 5.6% | +9.8% |
| 2004 | 6.5% | +16.1% |
| 2005 | 6.9% | +6.2% |
| 2006 | 5.1% | -26.1% |
| 2007 | 5.9% | +15.7% |
| 2008 | 6.3% | +6.8% |
| 2009 | 7.3% | +15.9% |
| 2010 | 8.4% | +15.1% |
| 2011 | 7.4% | -11.9% |
| 2012 | 7.0% | -5.4% |
| 2013 | 5.3% | -24.3% |
| 2014 | 5.0% | -5.7% |
| 2015 | 5.1% | +2.0% |
| 2016 | 4.9% | -3.9% |
| 2017 | 4.7% | -4.1% |
| 2018 | 4.8% | +2.1% |
| 2019 | 3.5% | -27.1% |
| 2020 | 5.5% | +57.1% |
| 2021 | 4.7% | -14.5% |
| 2022 | 4.3% | -8.5% |
| 2023 | 3.0% | -30.2% |
Aruba compared with similar countries
- Aruba's 3.0% is below the median for high income countries, which is 3.1%, 98% of the median. (38 countries reporting)
- Aruba's 3.0% is below the median for Latin America & Caribbean, which is 6.1%, 49% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.9% | 3.5% | 4.6% | 4 |
| 1990s | 5.6% | 3.9% | 7.0% | 10 |
| 2000s | 6.1% | 5.1% | 7.3% | 10 |
| 2010s | 5.6% | 3.5% | 8.4% | 10 |
| 2020s | 4.4% | 3.0% | 5.5% | 4 |
Countries ranked near Aruba
More financial sector data for Aruba
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 4.12 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.302 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 12,046 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 4.12 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 12,046 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 11.71 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 14,978 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 12.09 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 15,264 SDR per person (2025)
- Total reserves in months of imports, annual growth rate -16.54 % change on previous year (2023)
Frequently asked questions
- What is interest rate spread in Aruba?
- Interest rate spread in Aruba was 3.0% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Aruba?
- The highest recorded value was 8.4% in 2010.
- What is the lowest interest rate spread recorded in Aruba?
- The lowest recorded value was 3.0% in 2023.
- How does Aruba rank for interest rate spread?
- Aruba ranks 104th out of 141 countries with data for 2023.
- Is interest rate spread rising or falling in Aruba?
- Over the last ten years it is down 43.4%. The long-run trend across the full record is flat.
- Where does this Aruba data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
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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.