Interest rate spread in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Interest rate spread was 6.3% in 2017. ◆ Volatile
Interest rate spread in Venezuela, Bolivarian Republic of, 1984–2017
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
In 2017, interest rate spread in Venezuela, Bolivarian Republic of stood at 6.3%.
Compared with earlier readings it is up 11.2% on the previous year and down 1.1% over ten years.
Over the whole period, interest rate spread in Venezuela, Bolivarian Republic of peaked at 15.6% in 1994 and was at its lowest, -6.4%, in 1989.
That places Venezuela, Bolivarian Republic of 46th out of 141 countries with data for 2017, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest rate spread in Venezuela, Bolivarian Republic of, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1984 | -2.7% | — |
| 1985 | -1.2% | -56.3% |
| 1986 | -0.4% | -63.1% |
| 1987 | -0.5% | +7.2% |
| 1988 | -0.5% | -4.2% |
| 1989 | -6.4% | +1322.6% |
| 1990 | 7.7% | -220.2% |
| 1991 | 6.1% | -21.4% |
| 1992 | 5.9% | -2.7% |
| 1993 | 6.2% | +4.4% |
| 1994 | 15.6% | +153.9% |
| 1995 | 15.0% | -3.9% |
| 1996 | 11.8% | -21.2% |
| 1997 | 9.0% | -24.0% |
| 1998 | 11.5% | +28.1% |
| 1999 | 10.8% | -5.8% |
| 2000 | 8.9% | -18.0% |
| 2001 | 6.9% | -22.0% |
| 2002 | 7.6% | +9.2% |
| 2003 | 8.0% | +5.4% |
| 2004 | 5.9% | -26.1% |
| 2005 | 5.2% | -12.1% |
| 2006 | 5.2% | +0.6% |
| 2007 | 6.4% | +22.7% |
| 2008 | 6.2% | -2.8% |
| 2009 | 3.5% | -44.0% |
| 2010 | 3.5% | +1.8% |
| 2011 | 2.6% | -27.8% |
| 2012 | 1.9% | -26.9% |
| 2013 | 1.4% | -25.6% |
| 2014 | 2.5% | +81.8% |
| 2015 | 4.5% | +78.2% |
| 2016 | 5.7% | +26.2% |
| 2017 | 6.3% | +11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.9% | -6.4% | -0.4% | 6 |
| 1990s | 10.0% | 5.9% | 15.6% | 10 |
| 2000s | 6.4% | 3.5% | 8.9% | 10 |
| 2010s | 3.6% | 1.4% | 6.3% | 8 |
Countries ranked near Venezuela, Bolivarian Republic of
More financial sector data for Venezuela, Bolivarian Republic of
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 12.24 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 8.94 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 12.24 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is interest rate spread in Venezuela, Bolivarian Republic of?
- Interest rate spread in Venezuela, Bolivarian Republic of was 6.3% in 2017, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 15.6% in 1994.
- What is the lowest interest rate spread recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -6.4% in 1989.
- How does Venezuela, Bolivarian Republic of rank for interest rate spread?
- Venezuela, Bolivarian Republic of ranks 46th out of 141 countries with data for 2017.
- Is interest rate spread rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of 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.