Interest rate spread in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Interest rate spread was 2.7% in 1998. ◆ Volatile
Interest rate spread in United Kingdom of Great Britain and Northern Ireland, 1967–1998
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
United Kingdom of Great Britain and Northern Ireland recorded 2.7% for interest rate spread in 1998.
The figure is down 6.2% on the previous year and up 77.4% over ten years.
Over the whole period, interest rate spread in United Kingdom of Great Britain and Northern Ireland peaked at 4.0% in 1977 and was at its lowest, -1.4%, in 1983.
That places United Kingdom of Great Britain and Northern Ireland 109th out of 141 countries with data for 1998, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest rate spread in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1967 | 1.3% | — |
| 1968 | 0.7% | -45.2% |
| 1969 | 0.7% | +0.0% |
| 1970 | 2.0% | +188.2% |
| 1971 | 3.7% | +79.6% |
| 1972 | 3.4% | -8.5% |
| 1973 | -0.0% | -100.6% |
| 1974 | -0.5% | +2300.0% |
| 1975 | 3.4% | -776.9% |
| 1976 | 3.6% | +5.2% |
| 1977 | 4.0% | +12.8% |
| 1978 | 3.0% | -25.1% |
| 1979 | 2.0% | -34.0% |
| 1980 | 2.2% | +10.1% |
| 1981 | 2.6% | +18.3% |
| 1982 | -0.5% | -119.0% |
| 1983 | -1.4% | +178.6% |
| 1984 | 2.4% | -276.2% |
| 1985 | 0.5% | -80.9% |
| 1986 | 1.0% | +128.0% |
| 1987 | 1.2% | +11.1% |
| 1988 | 1.5% | +32.9% |
| 1989 | 2.3% | +50.8% |
| 1990 | 2.2% | -4.8% |
| 1991 | 1.4% | -36.4% |
| 1992 | 2.1% | +48.5% |
| 1993 | 2.0% | -2.8% |
| 1994 | 1.8% | -11.6% |
| 1995 | 2.6% | +43.1% |
| 1996 | 2.9% | +12.7% |
| 1997 | 2.9% | +0.6% |
| 1998 | 2.7% | -6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.9% | 0.7% | 1.3% | 3 |
| 1970s | 2.4% | -0.5% | 4.0% | 10 |
| 1980s | 1.2% | -1.4% | 2.6% | 10 |
| 1990s | 2.3% | 1.4% | 2.9% | 9 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More financial sector data for United Kingdom of Great Britain and Northern Ireland
- Reserve position in the IMF, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 104.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.29 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 76.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 104.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.29 % change on previous year (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is interest rate spread in United Kingdom of Great Britain and Northern Ireland?
- Interest rate spread in United Kingdom of Great Britain and Northern Ireland was 2.7% in 1998, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 4.0% in 1977.
- What is the lowest interest rate spread recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was -1.4% in 1983.
- How does United Kingdom of Great Britain and Northern Ireland rank for interest rate spread?
- United Kingdom of Great Britain and Northern Ireland ranks 109th out of 141 countries with data for 1998.
- Is interest rate spread rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 77.4%. The long-run trend across the full record is volatile.
- Where does this United Kingdom of Great Britain and Northern Ireland 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.