Interest rate spread in Early-demographic dividend
Early-demographic dividend: Interest rate spread was 6.2% in 2024. ▼ Falling
Interest rate spread in Early-demographic dividend, 1996–2024
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 Early-demographic dividend is 6.2%, measured in 2024. That is the lowest value across all 29 years on record.
That represents a change of down 2.3% on the previous year and down 6.1% over ten years.
Over the whole period, interest rate spread in Early-demographic dividend peaked at 7.7% in 1998 and was at its lowest, 6.2%, in 2024.
Early-demographic dividend ranks 16th of 40 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Interest rate spread in Early-demographic dividend, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1996 | 7.2% | — |
| 1997 | 7.2% | -0.3% |
| 1998 | 7.7% | +7.5% |
| 1999 | 7.7% | -0.5% |
| 2000 | 7.6% | -1.3% |
| 2001 | 7.0% | -7.6% |
| 2002 | 7.1% | +0.6% |
| 2003 | 6.8% | -3.5% |
| 2004 | 6.6% | -3.0% |
| 2005 | 6.5% | -1.2% |
| 2006 | 6.8% | +3.3% |
| 2007 | 6.5% | -4.5% |
| 2008 | 6.4% | -1.2% |
| 2009 | 6.8% | +6.8% |
| 2010 | 6.3% | -7.8% |
| 2011 | 6.3% | -0.5% |
| 2012 | 6.8% | +8.4% |
| 2013 | 6.8% | +0.7% |
| 2014 | 6.6% | -3.2% |
| 2015 | 6.7% | +1.5% |
| 2016 | 7.0% | +3.5% |
| 2017 | 6.7% | -3.3% |
| 2018 | 6.5% | -2.9% |
| 2019 | 6.4% | -1.3% |
| 2020 | 6.3% | -1.7% |
| 2021 | 6.2% | -1.6% |
| 2022 | 6.2% | +0.3% |
| 2023 | 6.4% | +1.7% |
| 2024 | 6.2% | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.5% | 7.2% | 7.7% | 4 |
| 2000s | 6.8% | 6.4% | 7.6% | 10 |
| 2010s | 6.6% | 6.3% | 7.0% | 10 |
| 2020s | 6.3% | 6.2% | 6.4% | 5 |
Countries ranked near Early-demographic dividend
- 13 Micronesia, Federated States of 12.6% compare
- 14 Mozambique 11.8% compare
- 15 Angola 11.4% compare
- 16 Mauritania 11.3% compare
- 17 Argentina 11.2% compare
- 18 Uganda 10.5% compare
- 19 Tanzania, United Republic of 10.0% compare
More financial sector data for Early-demographic dividend
- Net migration -3.03 million (2025)
- Monetary Sector credit to private sector 38.2% (2025)
- Broad money 66.6% (2021)
- Claims on central government, etc. 20.1% (2025)
- Domestic credit to private sector 40.2% (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 2.36 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports 9.26 (2025)
- Net migration, annual growth rate -3.88 % change on previous year (2025)
Frequently asked questions
- What is interest rate spread in Early-demographic dividend?
- Interest rate spread in Early-demographic dividend was 6.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Early-demographic dividend?
- The highest recorded value was 7.7% in 1998.
- What is the lowest interest rate spread recorded in Early-demographic dividend?
- The lowest recorded value was 6.2% in 2024.
- How does Early-demographic dividend rank for interest rate spread?
- Early-demographic dividend ranks 16th out of 40 groups with data for 2024.
- Is interest rate spread rising or falling in Early-demographic dividend?
- Over the last ten years it is down 6.1%. The long-run trend across the full record is falling.
- Where does this Early-demographic dividend 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.