United Kingdom: Lending-deposit interest rate spread

The latest value from 1998 is 2.75 interest rate points, a decline from 2.93 interest rate points in 1997. In comparison, the world average is 9.91 interest rate points, based on data from 92 countries. Historically, the average for the United Kingdom from 1980 to 1998 is 2.03 interest rate points. The minimum value, 0.46 interest rate points, was reached in 1985 while the maximum of 2.93 interest rate points was recorded in 1997. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Difference between the lending rate and the deposit rate. The lending rate is the rate charged by banks on loans to the private sector and the deposit interest rate is the rate offered by commercial banks on three-month deposits.