Lending interest rate in United Kingdom
United Kingdom: Lending interest rate was 0.5% in 2014. ◆ Volatile
Lending interest rate in United Kingdom, 1967–2014
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2014, lending interest rate in United Kingdom stood at 0.5%. That is the lowest value across all 48 years on record.
Compared with earlier readings it is down 88.6% over ten years.
Over the whole period, lending interest rate in United Kingdom peaked at 16.3% in 1980 and was at its lowest, 0.5%, in 2010.
United Kingdom ranks 148th of 148 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.1% | 5.5% | 6.6% | 3 |
| 1970s | 9.3% | 7.2% | 13.7% | 10 |
| 1980s | 11.8% | 9.7% | 16.3% | 10 |
| 1990s | 7.9% | 5.3% | 14.8% | 10 |
| 2000s | 4.3% | 0.6% | 6.0% | 10 |
| 2010s | 0.5% | 0.5% | 0.5% | 5 |
Countries ranked near United Kingdom
More financial sector data for United Kingdom
- Net migration 389,911 (2025)
- Total reserves in months of imports 1.39 (2025)
- Net domestic credit 3.89 trillion current LCU (2024)
- Domestic credit to private sector by banks 112.3% (2024)
- Net foreign assets 440.94 billion current LCU (2024)
- Claims on central government, etc. 21.9% (2024)
- Monetary Sector credit to private sector 112.4% (2024)
- Domestic credit to private sector 112.4% (2024)
- Broad money 141.9% (2024)
- Official exchange rate 0.7595 LCU per US$, period average (2025)
Frequently asked questions
- What is lending interest rate in United Kingdom?
- Lending interest rate in United Kingdom was 0.5% in 2014, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in United Kingdom?
- The highest recorded value was 16.3% in 1980.
- What is the lowest lending interest rate recorded in United Kingdom?
- The lowest recorded value was 0.5% in 2010.
- How does United Kingdom rank for lending interest rate?
- United Kingdom ranks 148th out of 148 countries with data for 2014.
- Is lending interest rate rising or falling in United Kingdom?
- Over the last ten years it is down 88.6%. The long-run trend across the full record is volatile.
- Where does this United Kingdom data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.