Interest rate spread in East Asia & Pacific (excluding high income)
East Asia & Pacific (excluding high income): Interest rate spread was 4.5% in 2023. ▼ Falling
Interest rate spread in East Asia & Pacific (excluding high income), 1998–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
In 2023, interest rate spread in East Asia & Pacific (excluding high income) stood at 4.5%. That is the lowest value across all 26 years on record.
The figure is down 14.5% on the previous year and down 29.9% over ten years.
Over the whole period, interest rate spread in East Asia & Pacific (excluding high income) peaked at 7.1% in 2010 and was at its lowest, 4.5%, in 2023.
East Asia & Pacific (excluding high income) ranks 37th of 40 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Interest rate spread in East Asia & Pacific (excluding high income), year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1998 | 5.1% | — |
| 1999 | 5.4% | +4.5% |
| 2000 | 6.4% | +19.7% |
| 2001 | 5.7% | -11.9% |
| 2002 | 6.4% | +12.2% |
| 2003 | 6.6% | +3.2% |
| 2004 | 6.8% | +4.3% |
| 2005 | 6.0% | -12.7% |
| 2006 | 4.6% | -23.5% |
| 2007 | 5.9% | +28.8% |
| 2008 | 5.2% | -10.9% |
| 2009 | 5.8% | +11.1% |
| 2010 | 7.1% | +22.3% |
| 2011 | 5.8% | -18.6% |
| 2012 | 6.8% | +17.4% |
| 2013 | 6.5% | -4.8% |
| 2014 | 6.3% | -3.4% |
| 2015 | 5.9% | -5.8% |
| 2016 | 5.6% | -4.6% |
| 2017 | 5.5% | -2.2% |
| 2018 | 5.2% | -4.9% |
| 2019 | 5.9% | +12.8% |
| 2020 | 6.0% | +2.2% |
| 2021 | 5.6% | -8.0% |
| 2022 | 5.3% | -4.5% |
| 2023 | 4.5% | -14.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.3% | 5.1% | 5.4% | 2 |
| 2000s | 5.9% | 4.6% | 6.8% | 10 |
| 2010s | 6.1% | 5.2% | 7.1% | 10 |
| 2020s | 5.4% | 4.5% | 6.0% | 4 |
Countries ranked near East Asia & Pacific (excluding high income)
More financial sector data for East Asia & Pacific (excluding high income)
- Net migration -408,528 (2025)
- Domestic credit to private sector by banks 176.6% (2024)
- Total reserves in months of imports 11.31 (2025)
- Monetary Sector credit to private sector 176.6% (2024)
- Broad money 210.6% (2024)
- Claims on central government, etc. 42.5% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 11.66 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Domestic credit to private sector 177.7% (2024)
Frequently asked questions
- What is interest rate spread in East Asia & Pacific (excluding high income)?
- Interest rate spread in East Asia & Pacific (excluding high income) was 4.5% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in East Asia & Pacific (excluding high income)?
- The highest recorded value was 7.1% in 2010.
- What is the lowest interest rate spread recorded in East Asia & Pacific (excluding high income)?
- The lowest recorded value was 4.5% in 2023.
- How does East Asia & Pacific (excluding high income) rank for interest rate spread?
- East Asia & Pacific (excluding high income) ranks 37th out of 40 groups with data for 2023.
- Is interest rate spread rising or falling in East Asia & Pacific (excluding high income)?
- Over the last ten years it is down 29.9%. The long-run trend across the full record is falling.
- Where does this East Asia & Pacific (excluding high income) 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.