Interest rate spread in Switzerland
Switzerland: Interest rate spread was 2.0% in 2024. ▲ Rising
Interest rate spread in Switzerland, 2008–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
Switzerland recorded 2.0% for interest rate spread in 2024.
The figure is up 15.5% on the previous year and down 23.1% over ten years.
Over the whole period, interest rate spread in Switzerland peaked at 3.1% in 2021 and was at its lowest, 1.5%, in 2008.
That places Switzerland 122nd out of 141 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Interest rate spread in Switzerland, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 2008 | 1.5% | — |
| 2009 | 2.7% | +73.0% |
| 2010 | 2.7% | +0.1% |
| 2011 | 2.7% | +0.0% |
| 2012 | 2.6% | -0.5% |
| 2013 | 2.7% | +0.2% |
| 2014 | 2.7% | +0.2% |
| 2015 | 2.8% | +6.1% |
| 2016 | 2.8% | +0.9% |
| 2017 | 2.9% | +1.8% |
| 2018 | 2.9% | +1.5% |
| 2019 | 3.0% | +1.4% |
| 2020 | 3.0% | +1.2% |
| 2021 | 3.1% | +1.3% |
| 2022 | 2.8% | -8.5% |
| 2023 | 1.8% | -36.7% |
| 2024 | 2.0% | +15.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.1% | 1.5% | 2.7% | 2 |
| 2010s | 2.8% | 2.6% | 3.0% | 10 |
| 2020s | 2.5% | 1.8% | 3.1% | 5 |
Countries ranked near Switzerland
- 119 Malaysia 2.4% compare
- 120 Bosnia and Herzegovina 2.3% compare
- 121 Hungary 2.3% compare
- 123 Chile 1.5% compare
- 124 New Zealand 1.5% compare
- 125 Republic of Korea 1.5% compare
More financial sector data for Switzerland
- Net domestic credit (current LCU), per capita 141,431 current LCU per person (2016)
- Net domestic credit (current LCU), per unit of GDP 1.7 current LCU per US$ of GDP (2016)
- Net domestic credit (current LCU), annual growth rate 3.56 % change on previous year (2016)
- Gold reserves at 35 SDRs per ounce 1.17 billion SDR (2025)
- Gold reserves at market value 106.64 billion SDR (2025)
- Reserves excluding gold, foreign exchange 667.88 billion SDR (2025)
- Reserves excluding gold 678.82 billion SDR (2025)
- Total reserves (gold at market value) 785.45 billion SDR (2025)
- Total reserves (gold at national valuation) 785.03 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 86,338 SDR per person (2025)
Frequently asked questions
- What is interest rate spread in Switzerland?
- Interest rate spread in Switzerland was 2.0% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Switzerland?
- The highest recorded value was 3.1% in 2021.
- What is the lowest interest rate spread recorded in Switzerland?
- The lowest recorded value was 1.5% in 2008.
- How does Switzerland rank for interest rate spread?
- Switzerland ranks 122nd out of 141 countries with data for 2024.
- Is interest rate spread rising or falling in Switzerland?
- Over the last ten years it is down 23.1%. The long-run trend across the full record is rising.
- Where does this Switzerland 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 — 17 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.