Interest rate spread in Late-demographic dividend
Late-demographic dividend: Interest rate spread was 5.0% in 2024. ▼ Falling
Interest rate spread in Late-demographic dividend, 1997–2024
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 Late-demographic dividend is 5.0%, measured in 2024.
That represents a change of up 9.9% on the previous year and down 4.7% over ten years.
Over the whole period, interest rate spread in Late-demographic dividend peaked at 8.3% in 2000 and was at its lowest, 4.1%, in 2019.
That places Late-demographic dividend 32nd out of 40 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Interest rate spread in Late-demographic dividend, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1997 | 7.1% | — |
| 1998 | 7.0% | -0.7% |
| 1999 | 8.0% | +13.6% |
| 2000 | 8.3% | +3.4% |
| 2001 | 7.9% | -4.7% |
| 2002 | 7.2% | -8.6% |
| 2003 | 6.7% | -6.5% |
| 2004 | 6.4% | -4.3% |
| 2005 | 6.9% | +7.0% |
| 2006 | 6.3% | -8.0% |
| 2007 | 5.9% | -7.1% |
| 2008 | 5.8% | -2.2% |
| 2009 | 5.6% | -3.3% |
| 2010 | 5.8% | +3.6% |
| 2011 | 5.5% | -4.4% |
| 2012 | 5.6% | +1.7% |
| 2013 | 5.3% | -6.5% |
| 2014 | 5.2% | -0.2% |
| 2015 | 5.0% | -4.9% |
| 2016 | 5.0% | +0.8% |
| 2017 | 4.9% | -1.7% |
| 2018 | 5.0% | +0.7% |
| 2019 | 4.1% | -17.4% |
| 2020 | 5.1% | +23.0% |
| 2021 | 4.4% | -12.2% |
| 2022 | 4.3% | -3.1% |
| 2023 | 4.6% | +5.8% |
| 2024 | 5.0% | +9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.4% | 7.0% | 8.0% | 3 |
| 2000s | 6.7% | 5.6% | 8.3% | 10 |
| 2010s | 5.1% | 4.1% | 5.8% | 10 |
| 2020s | 4.7% | 4.3% | 5.1% | 5 |
Countries ranked near Late-demographic dividend
More financial sector data for Late-demographic dividend
- Net migration -663,581 (2025)
- Monetary Sector credit to private sector 154.3% (2024)
- Broad money 189.7% (2024)
- Claims on central government, etc. 39.1% (2024)
- Domestic credit to private sector 156.4% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 4.85 % 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 10.53 (2025)
- Net migration, annual growth rate -123.67 % change on previous year (2025)
Frequently asked questions
- What is interest rate spread in Late-demographic dividend?
- Interest rate spread in Late-demographic dividend was 5.0% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Late-demographic dividend?
- The highest recorded value was 8.3% in 2000.
- What is the lowest interest rate spread recorded in Late-demographic dividend?
- The lowest recorded value was 4.1% in 2019.
- How does Late-demographic dividend rank for interest rate spread?
- Late-demographic dividend ranks 32nd out of 40 groups with data for 2024.
- Is interest rate spread rising or falling in Late-demographic dividend?
- Over the last ten years it is down 4.7%. The long-run trend across the full record is falling.
- Where does this Late-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.
Download this data
CSV · JSON — 28 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.