Interest rate spread (lending rate minus deposit rate, %) in Switzerland
Switzerland: Interest rate spread (lending rate minus deposit rate, %) was 2.7% in 2025. ▲ Rising
Interest rate spread in Switzerland, 2008–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
Switzerland recorded 2.7% for interest rate spread in 2025.
The figure is up 26.1% on the previous year and down 3.0% 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 110th out of 141 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Interest rate spread (lending rate minus deposit rate, %) 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 | 2.2% | +22.6% |
| 2025 | 2.7% | +26.1% |
Switzerland compared with similar countries
- Switzerland's 2.7% is below the median for high income countries, which is 3.1%, 89% of the median. (38 countries reporting)
- Switzerland's 2.7% is below the median for Europe & Central Asia, which is 4.0%, 69% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Interest rate spread (lending rate minus deposit rate, %) in Switzerland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +73.0% | 1.5% | 2.7% |
| 2023 | -36.7% | 2.8% | 1.8% |
| 2025 | +26.1% | 2.2% | 2.7% |
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 | 2.6% | 1.8% | 3.1% | 6 |
Countries ranked near Switzerland
More financial sector data for Switzerland
- Reserve position in the IMF, US dollar, annual growth rate 10.03 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 230.34 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 4.78 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 168.19 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.03 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 230.34 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 4.78 % change on previous year (2025)
Frequently asked questions
- What is interest rate spread in Switzerland?
- Interest rate spread in Switzerland was 2.7% in 2025, 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 110th out of 141 countries with data for 2025.
- Is interest rate spread rising or falling in Switzerland?
- Over the last ten years it is down 3.0%. 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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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.