Deposit interest rate in the United Kingdom in 1998 — 4.48%. Ranked 96 in the world out of 111. Since 1960, the indicator has risen by 1.11 pp.
1960–1998 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 1998 | 4.48 | +0.85 pp |
| 1997 | 3.63 | +0.59 pp |
| 1996 | 3.05 | −1.06 pp |
| 1995 | 4.11 | +0.45 pp |
| 1994 | 3.66 | −0.31 pp |
| 1993 | 3.97 | −3.49 pp |
| 1992 | 7.46 | −2.82 pp |
| 1991 | 10.28 | −2.26 pp |
| 1990 | 12.54 | +1.04 pp |
| 1989 | 11.51 | +2.96 pp |
| 1988 | 8.55 | −0.02 pp |
| 1987 | 8.57 | −1.28 pp |
| 1986 | 9.85 | −1.94 pp |
| 1985 | 11.79 | +4.52 pp |
| 1984 | 7.27 | −3.92 pp |
| 1983 | 11.19 | −1.23 pp |
| 1982 | 12.42 | +1.76 pp |
| 1981 | 10.67 | −3.46 pp |
| 1980 | 14.13 | +2.42 pp |
| 1979 | 11.71 | +5.62 pp |
| 1978 | 6.08 | +1.19 pp |
| 1977 | 4.9 | −2.65 pp |
| 1976 | 7.54 | +0.46 pp |
| 1975 | 7.08 | −2.42 pp |
| 1974 | 9.5 | +1.48 pp |
| 1973 | 8.02 | +3.88 pp |
| 1972 | 4.15 | +0.31 pp |
| 1971 | 3.83 | −1.38 pp |
| 1970 | 5.21 | −0.71 pp |
| 1969 | 5.92 | +0.5 pp |
| 1968 | 5.42 | +1.21 pp |
| 1967 | 4.21 | −0.29 pp |
| 1966 | 4.5 | +0.08 pp |
| 1965 | 4.42 | +1.17 pp |
| 1964 | 3.25 | +1.25 pp |
| 1963 | 2 | −0.79 pp |
| 1962 | 2.79 | −1.25 pp |
| 1961 | 4.04 | +0.67 pp |
| 1960 | 3.38 | — |
The same indicator for neighboring countries — with links to their pages
United Kingdom
4.48
Sweden
2.3
The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.
Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.
Source: World Economic Outlook (IMF), license IMF open data.
The average rate at which banks lend to businesses and households.
Finance Real interest rateThe lending rate less inflation — the true cost of borrowed money.
Economy Consumer price inflationThe annual change in the consumer price index, in percent.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Finance Current account balance (World Bank)The current account balance as a percent of GDP from World Bank data.
Finance Broad money (% of GDP)The amount of money in the economy as a percent of GDP — the depth of the financial system.