Interest rate spread in Belarus
Belarus: Interest rate spread was 4.2% in 2025. ◆ Volatile
Interest rate spread in Belarus, 1993–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
In 2025, interest rate spread in Belarus stood at 4.2%.
Compared with earlier readings it is down 5.6% on the previous year and up 329.2% over ten years.
Over the whole period, interest rate spread in Belarus peaked at 74.2% in 1995 and was at its lowest, -2.8%, in 2012.
Belarus ranks 86th of 140 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest rate spread in Belarus, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1993 | 6.5% | — |
| 1994 | 58.9% | +799.2% |
| 1995 | 74.2% | +25.9% |
| 1996 | 30.0% | -59.6% |
| 1997 | 16.2% | -46.1% |
| 1998 | 12.7% | -21.7% |
| 1999 | 27.2% | +115.2% |
| 2000 | 30.1% | +10.6% |
| 2001 | 12.8% | -57.5% |
| 2002 | 10.0% | -21.6% |
| 2003 | 6.5% | -34.9% |
| 2004 | 4.2% | -35.8% |
| 2005 | 2.1% | -49.3% |
| 2006 | 1.2% | -45.5% |
| 2007 | 0.3% | -77.0% |
| 2008 | 0.0% | -90.6% |
| 2009 | 1.0% | +3866.7% |
| 2010 | 0.1% | -87.4% |
| 2011 | 0.3% | +113.3% |
| 2012 | -2.8% | -1153.1% |
| 2013 | -1.1% | -59.9% |
| 2014 | 0.2% | -114.1% |
| 2015 | -1.8% | -1252.6% |
| 2016 | -0.2% | -86.8% |
| 2017 | 2.7% | -1200.5% |
| 2018 | 2.8% | +4.3% |
| 2019 | 2.5% | -9.3% |
| 2020 | 2.4% | -3.6% |
| 2021 | 1.8% | -27.3% |
| 2022 | 4.3% | +143.6% |
| 2023 | 5.1% | +19.0% |
| 2024 | 4.4% | -13.3% |
| 2025 | 4.2% | -5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 32.2% | 6.5% | 74.2% | 7 |
| 2000s | 6.8% | 0.0% | 30.1% | 10 |
| 2010s | 0.3% | -2.8% | 2.8% | 10 |
| 2020s | 3.7% | 1.8% | 5.1% | 6 |
Countries ranked near Belarus
More financial sector data for Belarus
- Net domestic credit (current LCU), per capita 6,475 current LCU per person (2021)
- Net domestic credit (current LCU), per unit of GDP 0.8645 current LCU per US$ of GDP (2021)
- Net domestic credit (current LCU), annual growth rate 7.44 % change on previous year (2021)
- Gold reserves at 35 SDRs per ounce 60.68 million SDR (2025)
- Gold reserves at market value 5.53 billion SDR (2025)
- Reserves excluding gold, foreign exchange 4.05 billion SDR (2025)
- Reserves excluding gold 5.07 billion SDR (2025)
- Total reserves (gold at market value) 10.60 billion SDR (2025)
- Total reserves (gold at national valuation) 10.53 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,159 SDR per person (2025)
Frequently asked questions
- What is interest rate spread in Belarus?
- Interest rate spread in Belarus was 4.2% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Belarus?
- The highest recorded value was 74.2% in 1995.
- What is the lowest interest rate spread recorded in Belarus?
- The lowest recorded value was -2.8% in 2012.
- How does Belarus rank for interest rate spread?
- Belarus ranks 86th out of 140 countries with data for 2025.
- Is interest rate spread rising or falling in Belarus?
- Over the last ten years it is up 329.2%. The long-run trend across the full record is volatile.
- Where does this Belarus 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.