Real interest rate — all countries

Real interest rate — United Kingdom

Real interest rate in the United Kingdom in 2014 — -1.08%. Ranked 134 in the world out of 139. Since 1967, the indicator has fallen by 3.73 pp.

2014 -1.08% +0.54 pp vs 2013
World rank 134of 139
Period maximum 7.18%1986
Period minimum -11.46%1975

Trend over time

1967–2014 · % per annum

Real interest rate — United Kingdom, 1967–2014-15-10-5051019671972197719821987199219972002200720121967: 2.65%1968: 2.11%1969: 0.57%1970: -1.83%1971: -1.89%1972: -0.38%1973: 0.36%1974: -4.48%1975: -11.46%1976: -3.58%1977: -4.31%1978: -2.87%1979: -1.29%1980: -2.98%1981: 0.96%1982: 4.3%1983: 3.87%1984: 4.84%1985: 5.83%1986: 7.18%1987: 3.25%1988: 3.05%1989: 5.17%1990: 6.43%1991: 4.76%1992: 6.99%1993: 4.2%1994: 5.12%1995: -3.71%1996: 1.74%1997: 6.52%1998: 5.83%1999: 3.9%2000: 4.94%2001: 3.35%2002: 1.87%2003: 1.28%2004: 1.61%2005: 1.73%2006: 1.52%2007: 3.45%2008: 1.33%2009: -1.34%2010: -0.82%2011: -1.93%2012: -1.03%2013: -1.62%2014: -1.08%
Change over the period: −3.73 pp Annual average: -0.08 pp
Real interest rate — United Kingdom, by year United Kingdom All countries CSV XLSX
Year % Change, pp
2014 -1.08 +0.54 pp
2013 -1.62 −0.59 pp
2012 -1.03 +0.9 pp
2011 -1.93 −1.11 pp
2010 -0.82 +0.52 pp
2009 -1.34 −2.66 pp
2008 1.33 −2.12 pp
2007 3.45 +1.93 pp
2006 1.52 −0.22 pp
2005 1.73 +0.13 pp
2004 1.61 +0.32 pp
2003 1.28 −0.59 pp
2002 1.87 −1.48 pp
2001 3.35 −1.59 pp
2000 4.94 +1.04 pp
1999 3.9 −1.93 pp
1998 5.83 −0.7 pp
1997 6.52 +4.78 pp
1996 1.74 +5.46 pp
1995 -3.71 −8.84 pp
1994 5.12 +0.92 pp
1993 4.2 −2.78 pp
1992 6.99 +2.23 pp
1991 4.76 −1.67 pp
1990 6.43 +1.26 pp
1989 5.17 +2.12 pp
1988 3.05 −0.21 pp
1987 3.25 −3.93 pp
1986 7.18 +1.35 pp
1985 5.83 +0.99 pp
1984 4.84 +0.96 pp
1983 3.87 −0.43 pp
1982 4.3 +3.34 pp
1981 0.96 +3.94 pp
1980 -2.98 −1.69 pp
1979 -1.29 +1.58 pp
1978 -2.87 +1.43 pp
1977 -4.31 −0.72 pp
1976 -3.58 +7.87 pp
1975 -11.46 −6.97 pp
1974 -4.48 −4.84 pp
1973 0.36 +0.73 pp
1972 -0.38 +1.51 pp
1971 -1.89 −0.06 pp
1970 -1.83 −2.4 pp
1969 0.57 −1.54 pp
1968 2.11 −0.54 pp
1967 2.65

Northern Europe, 2014

The same indicator for neighboring countries — with links to their pages

NO Norway 3.86 IS Iceland 3.39 GB United Kingdom -1.08

About the indicator

The lending interest rate adjusted for inflation by the GDP deflator. It shows the real cost of borrowed funds for the economy. Negative values mean that inflation erodes debt faster than interest accrues on it — a situation that favors borrowers and works against lenders and depositors.

Important: There are no aggregates for country groups: a weight by the volume of credit is needed, and we do not have it. The rate is already net of inflation, so negative values are normal — they mean borrowing costs less than inflation erodes.

Source: World Economic Outlook (IMF), license IMF open data.