Interest rate spread in IDA total
IDA total: Interest rate spread was 7.3% in 2021. ▼ Falling
Interest rate spread in IDA total, 2001–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
IDA total recorded 7.3% for interest rate spread in 2021.
Compared with earlier readings it is down 11.8% on the previous year and down 12.7% over ten years.
Over the whole period, interest rate spread in IDA total peaked at 9.1% in 2003 and was at its lowest, 7.1%, in 2008.
IDA total ranks 10th of 40 groups on this measure, in the top quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Interest rate spread in IDA total, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 2001 | 9.0% | — |
| 2002 | 8.9% | -0.6% |
| 2003 | 9.1% | +2.2% |
| 2004 | 9.0% | -2.0% |
| 2005 | 7.8% | -13.0% |
| 2006 | 7.7% | -1.8% |
| 2007 | 7.5% | -1.7% |
| 2008 | 7.1% | -6.0% |
| 2009 | 7.8% | +9.8% |
| 2010 | 8.4% | +7.9% |
| 2011 | 8.3% | -0.6% |
| 2012 | 7.6% | -8.6% |
| 2013 | 7.4% | -3.4% |
| 2014 | 7.6% | +3.4% |
| 2015 | 7.4% | -2.6% |
| 2016 | 7.5% | +1.7% |
| 2017 | 7.9% | +5.2% |
| 2018 | 7.6% | -4.2% |
| 2019 | 8.0% | +5.6% |
| 2020 | 8.2% | +2.8% |
| 2021 | 7.3% | -11.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.2% | 7.1% | 9.1% | 9 |
| 2010s | 7.8% | 7.4% | 8.4% | 10 |
| 2020s | 7.8% | 7.3% | 8.2% | 2 |
Countries ranked near IDA total
- 7 Congo, Democratic Republic of the 17.6% compare
- 8 Gambia 15.5% compare
- 9 Sao Tome and Principe 15.2% compare
- 10 Sierra Leone 14.4% compare
- 11 South Sudan 14.2% compare
- 12 Somalia 13.0%
- 13 Micronesia, Federated States of 12.6% compare
More financial sector data for IDA total
- Broad money 39.1% (2023)
- Total reserves in months of imports, annual growth rate -7.81 % 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, per capita 0 units per person (2025)
- Net migration, annual growth rate 20.73 % change on previous year (2025)
- Net migration -2.26 million (2025)
- Domestic credit to private sector 27.9% (2023)
- Claims on central government, etc. 14.5% (2023)
- Monetary Sector credit to private sector 27.7% (2023)
- Total reserves in months of imports 5.8 (2025)
Frequently asked questions
- What is interest rate spread in IDA total?
- Interest rate spread in IDA total was 7.3% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in IDA total?
- The highest recorded value was 9.1% in 2003.
- What is the lowest interest rate spread recorded in IDA total?
- The lowest recorded value was 7.1% in 2008.
- How does IDA total rank for interest rate spread?
- IDA total ranks 10th out of 40 groups with data for 2021.
- Is interest rate spread rising or falling in IDA total?
- Over the last ten years it is down 12.7%. The long-run trend across the full record is falling.
- Where does this IDA total 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.