Interest rate spread (lending rate minus deposit rate, %) in Low & middle income
Low & middle income: Interest rate spread (lending rate minus deposit rate, %) was 6.1% in 2024. ▼ Falling
Interest rate spread in Low & middle income, 1999–2024
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 Low & middle income is 6.1%, measured in 2024. That is the lowest value across all 26 years on record.
The figure is down 0.7% on the previous year and down 6.0% over ten years.
Over the whole period, interest rate spread in Low & middle income peaked at 9.0% in 2000 and was at its lowest, 6.1%, in 2024.
Low & middle income ranks 20th of 40 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Interest rate spread (lending rate minus deposit rate, %) in Low & middle income, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1999 | 8.9% | — |
| 2000 | 9.0% | +1.1% |
| 2001 | 8.2% | -8.6% |
| 2002 | 8.4% | +2.5% |
| 2003 | 7.8% | -7.1% |
| 2004 | 7.2% | -8.6% |
| 2005 | 7.2% | +0.4% |
| 2006 | 6.9% | -4.1% |
| 2007 | 6.9% | +0.4% |
| 2008 | 6.5% | -6.3% |
| 2009 | 6.8% | +4.1% |
| 2010 | 6.3% | -6.4% |
| 2011 | 6.5% | +3.2% |
| 2012 | 6.5% | -0.8% |
| 2013 | 6.5% | +0.4% |
| 2014 | 6.5% | -0.6% |
| 2015 | 6.6% | +1.8% |
| 2016 | 6.5% | -1.1% |
| 2017 | 6.7% | +2.7% |
| 2018 | 6.5% | -2.4% |
| 2019 | 6.4% | -2.5% |
| 2020 | 6.3% | -0.5% |
| 2021 | 6.2% | -2.3% |
| 2022 | 6.2% | +0.7% |
| 2023 | 6.1% | -1.7% |
| 2024 | 6.1% | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.9% | 8.9% | 8.9% | 1 |
| 2000s | 7.5% | 6.5% | 9.0% | 10 |
| 2010s | 6.5% | 6.3% | 6.7% | 10 |
| 2020s | 6.2% | 6.1% | 6.3% | 5 |
Countries ranked near Low & middle income
More financial sector data for Low & middle income
- Net migration -2.38 million (2025)
- Domestic credit to private sector by banks 119.3% (2024)
- Total reserves in months of imports 9.61 (2025)
- Monetary Sector credit to private sector 119.3% (2024)
- Broad money 157.7% (2024)
- Claims on central government, etc. 34.8% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 10.19 % 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 121.2% (2024)
Frequently asked questions
- What is interest rate spread in Low & middle income?
- Interest rate spread in Low & middle income was 6.1% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Low & middle income?
- The highest recorded value was 9.0% in 2000.
- What is the lowest interest rate spread recorded in Low & middle income?
- The lowest recorded value was 6.1% in 2024.
- How does Low & middle income rank for interest rate spread?
- Low & middle income ranks 20th out of 40 groups with data for 2024.
- Is interest rate spread rising or falling in Low & middle income?
- Over the last ten years it is down 6.0%. The long-run trend across the full record is falling.
- Where does this Low & middle 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.