Home → United Kingdom → Lending Rate → 1998

United Kingdom - Lending Rate 1998

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

Lending interest rate · World Bank

7.23% +0.67pp from 1997 Global rank: 8th

United Kingdom's lending rate was 7.23% in 1998, increased +0.67pp from 6.56% in 1997. This was the 8th highest globally.

Global Ranking - 1998▾

Lending Rate by Country - 1998
Rank	Country	Value	YoY
1st	Japan	2.32%	-5.2%
2nd	China	6.39%	-26.0%
3rd	Sweden	6.46%	-8.6%
4th	Brunei Darussalam	6.50%	-
5th	Canada	6.60%	33.2%
6th	Australia	6.68%	-6.7%
7th	Bahamas, The	6.75%	0.0%
8th	United Kingdom	7.23%	10.2%
9th	Singapore	7.44%	17.7%
10th	Malta	8.09%	1.2%
11th	United States	8.35%	-1.0%
12th	Italy	8.64%	-17.8%
13th	Kuwait	8.93%	1.6%
14th	New Zealand	8.99%	-
15th	Fiji	9.64%	-12.6%
16th	Oman	9.74%	6.1%
17th	Barbados	9.75%	-0.8%
18th	Hong Kong SAR, China	9.90%	11.2%
19th	Macao SAR, China	10.97%	12.8%
20th	Maldives	10.99%	0.0%
21st	Aruba	11.04%	7.7%
22nd	Panama	11.19%	1.8%
23rd	Dominica	11.27%	0.9%
24th	St. Vincent and the Grenadines	11.31%	0.1%
25th	St. Lucia	11.40%	-10.1%
26th	St. Kitts and Nevis	11.42%	2.3%
27th	Algeria	11.50%	-26.8%
28th	Grenada	11.73%	4.4%
29th	Bahrain	11.80%	-3.3%
30th	Malaysia	12.13%	14.2%
31st	Antigua and Barbuda	12.20%	1.8%
32nd	Jordan	12.61%	2.2%
33rd	Iceland	12.78%	-0.8%
34th	Czechia	12.81%	-3.0%
35th	Bangladesh	12.93%	-0.4%
36th	Egypt, Arab Republic of	13.02%	-5.6%
37th	India	13.54%	-2.1%
38th	Botswana	13.65%	-2.1%
39th	Solomon Islands	14.00%	-4.5%
40th	Bulgaria	14.08%	-93.4%
41st	Seychelles	14.30%	-3.9%
42nd	Viet Nam	14.40%	-0.1%
43rd	Thailand	14.42%	5.6%
44th	Micronesia, Federated States of	15.00%	0.0%
45th	Korea	15.28%	28.6%
46th	Burundi	15.40%	0.9%
47th	Rwanda	15.72%	-6.0%
48th	Haiti	15.75%	10.4%
49th	Croatia	15.75%	1.8%
50th	Bhutan	16.00%	0.0%
51st	Serbia	16.15%	-15.2%
52nd	Belize	16.50%	1.3%
53rd	Guatemala	16.56%	-11.1%
54th	Guyana	16.77%	-1.6%
55th	Philippines	16.78%	3.1%
56th	Trinidad and Tobago	17.33%	13.0%
57th	Nicaragua	17.70%	2.9%
58th	Papua New Guinea	17.70%	69.4%
59th	Yemen, Republic of	18.13%	-19.5%
60th	Nigeria	18.18%	2.2%
61st	Hungary	19.28%	-11.4%
62nd	Eswatini	19.50%	0.0%
63rd	Guinea	19.56%	-4.6%
64th	Azerbaijan	19.85%	-
65th	Mauritius	19.92%	5.3%
66th	Lesotho	20.06%	11.3%
67th	Chile	20.17%	28.7%
68th	Myanmar	20.31%	0.0%
69th	Namibia	20.72%	2.7%
70th	Uganda	20.86%	-2.4%
71st	Liberia	21.74%	29.2%
72nd	South Africa	21.79%	9.0%
73rd	Costa Rica	22.47%	0.0%
74th	Tanzania	22.89%	-12.9%
75th	Sierra Leone	23.83%	-0.1%
76th	Mozambique	24.35%	-18.7%
77th	Gambia, The	25.38%	-0.5%
78th	Mauritania	25.50%	15.9%
79th	Dominican Republic	25.64%	22.1%
80th	Mexico	26.36%	19.1%
81st	Belarus	26.99%	-15.1%
82nd	Madagascar	27.00%	-11.0%
83rd	Suriname	27.08%	-18.3%
84th	Lao PDR	29.28%	8.4%
85th	Kenya	29.49%	-2.5%
86th	Honduras	30.69%	-4.3%
87th	Moldova	30.83%	-7.5%
88th	Jamaica	31.59%	-3.9%
89th	Zambia	31.80%	-31.9%
90th	Indonesia	32.15%	47.4%
91st	Peru	32.63%	5.5%
92nd	Paraguay	35.23%	9.7%
93rd	Malawi	37.67%	33.3%
94th	Bolivia, Plurinational State of	39.41%	-21.3%
95th	Colombia	41.60%	23.4%
96th	Russian Federation	41.79%	30.4%
97th	Angola	45.00%	19.2%
98th	Mongolia	48.06%	-
99th	Armenia	48.49%	-10.6%
100th	Ukraine	54.50%	11.0%
101st	Romania	55.32%	-23.7%
102nd	Uruguay	56.14%	-19.0%
103rd	Kyrgyz Republic	56.93%	-10.0%
104th	Brazil	86.36%	10.4%

FAQ

What was United Kingdom's lending rate in 1998?▾

United Kingdom's lending rate in 1998 was 7.23%. This ranked 8th globally.

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

United Kingdom's lending rate increased by 10.2% in 1998 compared to 1997.

Which country had the highest lending rate in 1998?▾

Brazil had the highest lending rate in 1998 at 86.36%.

What is the lending rate of United Kingdom in 1998?▾

The lending rate of United Kingdom in 1998 was 7.23%. This ranked 8th globally.

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

United Kingdom's lending rate went from 6.56% in 1997 to 7.23% in 1998, a 10.2% increase.

← 1997

View all years

1999 →