Interest rate spread in Small states
Small states: Interest rate spread was 6.1% in 2025. ▼ Falling
Interest rate spread in Small states, 1999–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
Small states recorded 6.1% for interest rate spread in 2025.
That represents a change of up 0.6% on the previous year and down 14.5% over ten years.
Over the whole period, interest rate spread in Small states peaked at 7.8% in 2003 and was at its lowest, 6.0%, in 2024.
That places Small states 21st out of 40 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
Interest rate spread in Small states, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1999 | 7.6% | — |
| 2000 | 7.6% | +0.3% |
| 2001 | 7.1% | -6.2% |
| 2002 | 7.2% | +1.4% |
| 2003 | 7.8% | +7.6% |
| 2004 | 6.6% | -15.3% |
| 2005 | 6.9% | +4.8% |
| 2006 | 6.8% | -1.1% |
| 2007 | 6.5% | -5.3% |
| 2008 | 6.2% | -3.6% |
| 2009 | 6.3% | +1.4% |
| 2010 | 6.3% | +0.0% |
| 2011 | 6.5% | +2.6% |
| 2012 | 6.5% | +0.8% |
| 2013 | 6.6% | +0.6% |
| 2014 | 6.9% | +4.7% |
| 2015 | 7.1% | +2.8% |
| 2016 | 7.2% | +1.1% |
| 2017 | 6.9% | -3.3% |
| 2018 | 6.9% | -0.3% |
| 2019 | 6.8% | -1.6% |
| 2020 | 6.2% | -8.5% |
| 2021 | 6.0% | -3.0% |
| 2022 | 6.1% | +1.5% |
| 2023 | 6.1% | -1.1% |
| 2024 | 6.0% | -0.6% |
| 2025 | 6.1% | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.6% | 7.6% | 7.6% | 1 |
| 2000s | 6.9% | 6.2% | 7.8% | 10 |
| 2010s | 6.8% | 6.3% | 7.2% | 10 |
| 2020s | 6.1% | 6.0% | 6.2% | 6 |
Countries ranked near Small states
More financial sector data for Small states
- Broad money 71.0% (2019)
- Total reserves in months of imports, annual growth rate 1.87 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Net migration, annual growth rate -63.16 % change on previous year (2025)
- Net migration -38,523 (2025)
- Domestic credit to private sector 54.8% (2024)
- Claims on central government, etc. 10.3% (2024)
- Monetary Sector credit to private sector 52.6% (2024)
- Total reserves in months of imports 4.49 (2024)
Frequently asked questions
- What is interest rate spread in Small states?
- Interest rate spread in Small states was 6.1% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Small states?
- The highest recorded value was 7.8% in 2003.
- What is the lowest interest rate spread recorded in Small states?
- The lowest recorded value was 6.0% in 2024.
- How does Small states rank for interest rate spread?
- Small states ranks 21st out of 40 groups with data for 2025.
- Is interest rate spread rising or falling in Small states?
- Over the last ten years it is down 14.5%. The long-run trend across the full record is falling.
- Where does this Small states 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 — 27 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.