United Kingdom Lending Rate
Lending interest rate FR.INR.LEND
United Kingdom's lending rate was 0.50% in 2014, ranked 1st globally. This represents a 0.0% increase from 2013. Data from World Bank, covering 1967–2014.
Overview
United Kingdom's lending rate stood at 0.50% in 2014, a rise of +0.00pp from 2013. United Kingdom ranked 1st globally.
The United Kingdom’s lending rate has fallen dramatically over the 48‑year series recorded by the World Bank, sliding from an early‑period level of 5.50 % in 1967 to a historic low of 0.50 % in 2014, which also made it the world’s lowest rate that year. The sharpest rise came in 1980 when the rate peaked at 16.31 %, reflecting the tight monetary stance of that era, before a prolonged decline set in during the 1990s and accelerated after the global financial crisis. By contrast, peer economies such as Japan and Switzerland maintained higher policy rates of 1.22 % and 2.69 % respectively in the same year, underscoring the United Kingdom’s unusually accommodative stance. The downward trajectory suggests that any future tightening of monetary policy, perhaps driven by inflationary pressures or fiscal consolidation, would be required to reverse the current path, while a continued low‑rate environment is likely if growth remains modest and external shocks are limited.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2014 | 0.50% | +0.00pp | #1 |
| 2013 | 0.50% | +0.00pp | #1 |
| 2012 | 0.50% | +0.00pp | #1 |
| 2011 | 0.50% | +0.00pp | #1 |
| 2010 | 0.50% | −0.14pp | #1 |
| 2009 | 0.64% | −4.03pp | #1 |
| 2008 | 4.68% | −0.83pp | #4 |
| 2007 | 5.51% | +0.87pp | #15 |
| 2006 | 4.64% | −0.01pp | #4 |
| 2005 | 4.65% | +0.27pp | #6 |
| 2004 | 4.38% | +0.68pp | #7 |
| 2003 | 3.70% | −0.30pp | #4 |
| 2002 | 4.00% | −1.12pp | #4 |
| 2001 | 5.12% | −0.84pp | #3 |
| 2000 | 5.96% | +0.62pp | #7 |
Detected Pattern
Analysis
United Kingdom matched the Export Boom Cycle pattern in 1985. Historically, 71% of countries showing this pattern (546 out of 768) saw lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
United Kingdom's lending rate was 0.50% in 2014. Ranked 1st globally. This represents a 0.0% increase from the previous year.
United Kingdom's lending rate peaked at 16.31% in 1980.
The lowest lending rate in United Kingdom was 0.50% in 2010.
United Kingdom ranks 1st globally in lending rate as of 2014.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
The lending rate of United Kingdom in 2014 was 0.50%. This ranks 1st in the world.
Cite this page
@misc{historysaid_united-kingdom_lending-rate,
title = {United Kingdom Lending Rate},
url = {https://historysaid.com/united-kingdom/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}