Home → United Kingdom → Interest Rate Spread → 1998

United Kingdom - Interest Rate Spread 1998

Name: United Kingdom Interest Rate Spread 1998
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Interest rate spread (lending rate minus deposit rate) · World Bank

2.75% −0.18pp from 1997 Global rank: 12th

United Kingdom's interest rate spread was 2.75% in 1998, decreased +0.18pp from 2.93% in 1997. This was the 12th highest globally.

Global Ranking - 1998▾

Interest Rate Spread by Country - 1998
Rank	Country	Value	YoY
1st	Serbia	-44.71%	24.1%
2nd	Indonesia	-6.91%	-483.3%
3rd	Bahamas, The	1.39%	-8.8%
4th	Oman	1.94%	-21.7%
5th	Korea	1.99%	85.8%
6th	Japan	2.06%	-4.3%
7th	New Zealand	2.22%	-
8th	Australia	2.35%	10.8%
9th	Algeria	2.38%	-23.5%
10th	China	2.61%	-12.1%
11th	Kuwait	2.62%	-8.9%
12th	United Kingdom	2.75%	-6.2%
13th	Singapore	2.84%	-0.5%
14th	Hong Kong SAR, China	3.27%	12.2%
15th	Canada	3.53%	15.4%
16th	Malaysia	3.62%	27.0%
17th	Bangladesh	3.63%	-4.2%
18th	Egypt, Arab Republic of	3.65%	-7.6%
19th	Thailand	3.77%	20.7%
20th	Hungary	3.87%	-6.0%
21st	Macao SAR, China	3.97%	13.2%
22nd	Sweden	4.16%	-11.2%
23rd	Jordan	4.40%	36.4%
24th	Panama	4.42%	11.7%
25th	Nicaragua	4.60%	118.1%
26th	Philippines	4.67%	-23.2%
27th	Czechia	4.73%	-13.9%
28th	Fiji	5.10%	-6.6%
29th	Viet Nam	5.17%	-12.4%
30th	Botswana	5.22%	17.7%
31st	Chile	5.25%	43.8%
32nd	Barbados	5.55%	5.5%
33rd	Aruba	6.14%	4.2%
34th	Azerbaijan	6.39%	-
35th	St. Lucia	6.60%	-17.8%
36th	Seychelles	6.77%	19.1%
37th	Yemen, Republic of	6.79%	-10.6%
38th	Maldives	6.86%	0.0%
39th	Rwanda	6.87%	-17.6%
40th	St. Vincent and the Grenadines	7.03%	-0.7%
41st	Dominica	7.05%	2.0%
42nd	Bahrain	7.06%	2.0%
43rd	St. Kitts and Nevis	7.20%	4.5%
44th	Grenada	7.58%	3.7%
45th	Eswatini	7.58%	1.1%
46th	Belize	7.74%	9.0%
47th	Bhutan	7.75%	0.0%
48th	Namibia	7.78%	4.0%
49th	Myanmar	7.81%	0.0%
50th	Antigua and Barbuda	7.85%	2.9%
51st	Dominican Republic	8.00%	5.1%
52nd	Nigeria	8.08%	-24.0%
53rd	Angola	8.13%	-4.4%
54th	Guyana	8.67%	2.2%
55th	Colombia	9.02%	-5.8%
56th	Moldova	9.15%	-7.2%
57th	Lesotho	9.33%	50.0%
58th	Papua New Guinea	9.34%	47.8%
59th	Trinidad and Tobago	9.38%	11.3%
60th	Uganda	9.51%	-0.3%
61st	Costa Rica	9.72%	2.8%
62nd	Mauritius	10.64%	8.2%
63rd	Mexico	10.90%	88.8%
64th	Micronesia, Federated States of	11.02%	2.1%
65th	Kenya	11.09%	-18.0%
66th	Guatemala	11.12%	-13.2%
67th	Suriname	11.13%	-29.6%
68th	Croatia	11.13%	-0.4%
69th	Lao PDR	11.49%	4.5%
70th	Honduras	12.11%	12.3%
71st	Belarus	12.66%	-21.7%
72nd	Gambia, The	12.88%	-1.0%
73rd	Guinea	13.19%	172.8%
74th	Mongolia	14.76%	-
75th	Tanzania	15.14%	-17.9%
76th	Jamaica	15.19%	-20.1%
77th	Liberia	15.52%	49.2%
78th	Mozambique	16.13%	255.7%
79th	Mauritania	16.50%	26.9%
80th	Sierra Leone	16.71%	19.7%
81st	Peru	17.51%	10.2%
82nd	Romania	18.04%	8.1%
83rd	Zambia	18.72%	53.2%
84th	Madagascar	18.75%	17.8%
85th	Paraguay	19.04%	-13.1%
86th	Kyrgyz Republic	21.56%	-37.0%
87th	Armenia	23.55%	-16.3%
88th	Russian Federation	24.74%	62.0%
89th	Bolivia, Plurinational State of	26.59%	-24.7%
90th	Uruguay	31.86%	-15.7%
91st	Ukraine	32.24%	4.3%
92nd	Brazil	58.36%	8.4%

FAQ

What was United Kingdom's interest rate spread in 1998?▾

United Kingdom's interest rate spread in 1998 was 2.75%. This ranked 12th globally.

How did United Kingdom's interest rate spread change in 1998?▾

United Kingdom's interest rate spread decreased by 6.2% in 1998 compared to 1997.

Which country had the highest interest rate spread in 1998?▾

Brazil had the highest interest rate spread in 1998 at 58.36%.

What is the interest rate spread of United Kingdom in 1998?▾

The interest rate spread of United Kingdom in 1998 was 2.75%. This ranked 12th globally.

How does 1998 compare to 1997 for United Kingdom's interest rate spread?▾

United Kingdom's interest rate spread went from 2.93% in 1997 to 2.75% in 1998, a 6.2% decrease.

← 1997

View all years