Interest rate spread in Middle income
Middle income: Interest rate spread was 5.9% in 2024. ▼ Falling
Interest rate spread in Middle income, 1997–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
Middle income recorded 5.9% for interest rate spread in 2024.
The figure is up 3.6% on the previous year and down 7.1% over ten years.
Over the whole period, interest rate spread in Middle income peaked at 8.9% in 2000 and was at its lowest, 5.7%, in 2023.
Middle income ranks 22nd of 40 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Interest rate spread in Middle income, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1997 | 7.6% | — |
| 1998 | 8.1% | +7.6% |
| 1999 | 8.7% | +6.7% |
| 2000 | 8.9% | +2.8% |
| 2001 | 8.2% | -8.2% |
| 2002 | 8.2% | +0.8% |
| 2003 | 7.4% | -10.3% |
| 2004 | 6.9% | -7.2% |
| 2005 | 7.2% | +4.9% |
| 2006 | 6.9% | -4.5% |
| 2007 | 6.8% | -0.5% |
| 2008 | 6.3% | -7.2% |
| 2009 | 6.3% | -0.8% |
| 2010 | 6.3% | -0.3% |
| 2011 | 6.5% | +3.6% |
| 2012 | 6.4% | -2.1% |
| 2013 | 6.4% | +0.2% |
| 2014 | 6.3% | -0.6% |
| 2015 | 6.5% | +3.0% |
| 2016 | 6.4% | -1.5% |
| 2017 | 6.3% | -1.8% |
| 2018 | 6.2% | -2.3% |
| 2019 | 6.2% | +0.9% |
| 2020 | 6.0% | -3.2% |
| 2021 | 5.9% | -2.9% |
| 2022 | 5.9% | +0.1% |
| 2023 | 5.7% | -3.1% |
| 2024 | 5.9% | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.1% | 7.6% | 8.7% | 3 |
| 2000s | 7.3% | 6.3% | 8.9% | 10 |
| 2010s | 6.4% | 6.2% | 6.5% | 10 |
| 2020s | 5.9% | 5.7% | 6.0% | 5 |
Countries ranked near Middle income
More financial sector data for Middle income
- Net migration -2.54 million (2025)
- Total reserves in months of imports 9.9 (2025)
- Domestic credit to private sector by banks 120.0% (2024)
- Monetary Sector credit to private sector 120.4% (2024)
- Broad money 159.9% (2024)
- Claims on central government, etc. 35.0% (2024)
- Domestic credit to private sector 122.2% (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, annual growth rate 10 % change on previous year (2025)
- Net migration, annual growth rate 19.86 % change on previous year (2025)
Frequently asked questions
- What is interest rate spread in Middle income?
- Interest rate spread in Middle income was 5.9% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Middle income?
- The highest recorded value was 8.9% in 2000.
- What is the lowest interest rate spread recorded in Middle income?
- The lowest recorded value was 5.7% in 2023.
- How does Middle income rank for interest rate spread?
- Middle income ranks 22nd out of 40 groups with data for 2024.
- Is interest rate spread rising or falling in Middle income?
- Over the last ten years it is down 7.1%. The long-run trend across the full record is falling.
- Where does this 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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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.