Interest rate spread (lending rate minus deposit rate, %) in Hong Kong
Hong Kong: Interest rate spread (lending rate minus deposit rate, %) was 5.0% in 2025. ▲ Rising
Interest rate spread in Hong Kong, 1994–2025
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 Hong Kong is 5.0%, measured in 2025.
That represents a change of down 4.4% on the previous year and down 0.3% over ten years.
Over the whole period, interest rate spread in Hong Kong peaked at 5.3% in 2023 and was at its lowest, 2.9%, in 1997.
Hong Kong ranks 77th of 141 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Interest rate spread (lending rate minus deposit rate, %) in Hong Kong, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1994 | 3.8% | — |
| 1995 | 3.3% | -14.8% |
| 1996 | 3.9% | +18.6% |
| 1997 | 2.9% | -24.7% |
| 1998 | 3.3% | +12.2% |
| 1999 | 4.0% | +22.2% |
| 2000 | 4.5% | +11.7% |
| 2001 | 4.5% | -0.1% |
| 2002 | 4.8% | +6.6% |
| 2003 | 4.9% | +3.7% |
| 2004 | 5.0% | +1.3% |
| 2005 | 4.9% | -1.0% |
| 2006 | 5.2% | +5.4% |
| 2007 | 5.1% | -1.5% |
| 2008 | 4.9% | -5.4% |
| 2009 | 5.0% | +2.6% |
| 2010 | 5.0% | +0.0% |
| 2011 | 5.0% | +0.0% |
| 2012 | 5.0% | +0.0% |
| 2013 | 5.0% | +0.0% |
| 2014 | 5.0% | +0.0% |
| 2015 | 5.0% | +0.0% |
| 2016 | 5.0% | +0.0% |
| 2017 | 5.0% | +0.0% |
| 2018 | 5.0% | +0.2% |
| 2019 | 5.0% | -0.6% |
| 2020 | 4.9% | -0.5% |
| 2021 | 5.0% | +0.8% |
| 2022 | 5.1% | +1.5% |
| 2023 | 5.3% | +4.5% |
| 2024 | 5.2% | -1.4% |
| 2025 | 5.0% | -4.4% |
Hong Kong compared with similar countries
- Hong Kong's 5.0% is above the median for high income countries, which is 3.1%, 1.6× the median. (38 countries reporting)
- Hong Kong's 5.0% is above the median for East Asia & Pacific, which is 5.0%, 1.0× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.5% | 2.9% | 4.0% | 6 |
| 2000s | 4.9% | 4.5% | 5.2% | 10 |
| 2010s | 5.0% | 5.0% | 5.0% | 10 |
| 2020s | 5.1% | 4.9% | 5.3% | 6 |
Countries ranked near Hong Kong
- 74 Saint Lucia 5.1% compare
- 75 Antigua and Barbuda 5.1% compare
- 76 Uzbekistan 5.0% compare
- 78 Guinea 4.8% compare
- 79 Solomon Islands 4.7% compare
- 80 Kenya 4.6% compare
More financial sector data for Hong Kong
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -3.35 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.7308 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 41,641 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -0.454 % change on previous year (2023)
- Reserves excluding gold (SDR), per capita 42,075 SDR per person (2023)
- Total reserves (gold at market value) (SDR), annual growth rate -0.4501 % change on previous year (2023)
- Total reserves (gold at market value) (SDR), per capita 42,088 SDR per person (2023)
- Total reserves (gold at national valuation) (SDR), annual growth rate -0.4504 % change on previous year (2023)
- Total reserves (gold at national valuation) (SDR), per capita 42,088 SDR per person (2023)
- Total reserves in months of imports, annual growth rate -0.5027 % change on previous year (2023)
Frequently asked questions
- What is interest rate spread in Hong Kong?
- Interest rate spread in Hong Kong was 5.0% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Hong Kong?
- The highest recorded value was 5.3% in 2023.
- What is the lowest interest rate spread recorded in Hong Kong?
- The lowest recorded value was 2.9% in 1997.
- How does Hong Kong rank for interest rate spread?
- Hong Kong ranks 77th out of 141 countries with data for 2025.
- Is interest rate spread rising or falling in Hong Kong?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
- Where does this Hong Kong 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.