Interest rate spread (lending rate minus deposit rate, %) in Chile
Chile: Interest rate spread (lending rate minus deposit rate, %) was 1.5% in 2018. ▼ Falling
Interest rate spread in Chile, 1985–2018
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
The most recent figure for interest rate spread in Chile is 1.5%, measured in 2018. That is the lowest value across all 34 years on record.
That represents a change of down 8.6% on the previous year and down 74.4% over ten years.
Over the whole period, interest rate spread in Chile peaked at 8.5% in 1990 and was at its lowest, 1.5%, in 2018.
Chile ranks 123rd of 141 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Interest rate spread (lending rate minus deposit rate, %) in Chile, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1985 | 7.9% | — |
| 1986 | 7.3% | -7.0% |
| 1987 | 7.4% | +0.9% |
| 1988 | 6.0% | -18.0% |
| 1989 | 8.2% | +35.9% |
| 1990 | 8.5% | +3.6% |
| 1991 | 6.2% | -26.9% |
| 1992 | 5.7% | -8.8% |
| 1993 | 6.1% | +7.6% |
| 1994 | 5.2% | -14.5% |
| 1995 | 4.4% | -15.2% |
| 1996 | 3.9% | -12.2% |
| 1997 | 3.7% | -6.0% |
| 1998 | 5.3% | +43.8% |
| 1999 | 4.1% | -22.6% |
| 2000 | 5.6% | +38.9% |
| 2001 | 5.7% | +1.1% |
| 2002 | 4.0% | -30.6% |
| 2003 | 3.4% | -13.0% |
| 2004 | 3.2% | -7.4% |
| 2005 | 2.7% | -13.9% |
| 2006 | 2.9% | +5.4% |
| 2007 | 3.1% | +5.8% |
| 2008 | 5.8% | +88.6% |
| 2009 | 5.2% | -9.9% |
| 2010 | 3.0% | -42.3% |
| 2011 | 3.7% | +24.6% |
| 2012 | 4.3% | +14.0% |
| 2013 | 4.1% | -4.1% |
| 2014 | 4.2% | +2.1% |
| 2015 | 1.9% | -54.4% |
| 2016 | 1.8% | -7.0% |
| 2017 | 1.6% | -9.0% |
| 2018 | 1.5% | -8.6% |
Chile compared with similar countries
- Chile's 1.5% is below the median for high income countries, which is 3.1%, 48% of the median. (38 countries reporting)
- Chile's 1.5% is below the median for Latin America & Caribbean, which is 6.1%, 24% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Interest rate spread (lending rate minus deposit rate, %) in Chile changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +88.6% | 3.1% | 5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.4% | 6.0% | 8.2% | 5 |
| 1990s | 5.3% | 3.7% | 8.5% | 10 |
| 2000s | 4.2% | 2.7% | 5.8% | 10 |
| 2010s | 2.9% | 1.5% | 4.3% | 9 |
Countries ranked near Chile
More financial sector data for Chile
- Reserve position in the IMF, US dollar, annual growth rate 7.62 % 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 31.58 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.48 % 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 23.06 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.62 % 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 31.58 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.48 % change on previous year (2025)
Frequently asked questions
- What is interest rate spread in Chile?
- Interest rate spread in Chile was 1.5% in 2018, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Chile?
- The highest recorded value was 8.5% in 1990.
- What is the lowest interest rate spread recorded in Chile?
- The lowest recorded value was 1.5% in 2018.
- How does Chile rank for interest rate spread?
- Chile ranks 123rd out of 141 countries with data for 2018.
- Is interest rate spread rising or falling in Chile?
- Over the last ten years it is down 74.4%. The long-run trend across the full record is falling.
- Where does this Chile 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.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.