United Kingdom - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in United Kingdom was 0.50 as of 2014. Over the past 47 years, the value for this indicator has fluctuated between 16.31 in 1980 and 0.50 in 2010.

Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1967 5.50
1968 6.13
1969 6.63
1970 7.25
1971 7.50
1972 7.50
1973 8.00
1974 9.00
1975 10.47
1976 11.10
1977 8.91
1978 9.09
1979 13.69
1980 16.31
1981 13.26
1982 11.93
1983 9.83
1984 9.68
1985 12.25
1986 10.90
1987 9.74
1988 10.10
1989 13.84
1990 14.77
1991 11.69
1992 9.56
1993 6.01
1994 5.46
1995 6.69
1996 5.96
1997 6.56
1998 7.23
1999 5.34
2000 5.96
2001 5.12
2002 4.00
2003 3.70
2004 4.38
2005 4.65
2006 4.64
2007 5.51
2008 4.68
2009 0.64
2010 0.50
2011 0.50
2012 0.50
2013 0.50
2014 0.50

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates