United Kingdom Bank Deposit Interest Rate (1998)
United Kingdom's Bank Deposit Interest Rate: 4.5 % per annum in 1998, +0.9pp YoY. World Bank (FR.INR.DPST), 1960–1998.
United Kingdom (1998)
4.5
% per annum
+0.9pp YoY
YoY Change
+0.9pp
percentage points
Trend
up
Series length
39
years of data
Data
| Year | % per annum | YoY Change |
|---|---|---|
| 1998 | 4.5 | +0.9pp |
| 1997 | 3.6 | +0.6pp |
| 1996 | 3 | -1.1pp |
| 1995 | 4.1 | +0.4pp |
| 1994 | 3.7 | -0.3pp |
| 1993 | 4 | -3.5pp |
| 1992 | 7.5 | -2.8pp |
| 1991 | 10.3 | -2.2pp |
| 1990 | 12.5 | +1pp |
| 1989 | 11.5 | +3pp |
| 1988 | 8.5 | -0.1pp |
| 1987 | 8.6 | -1.3pp |
| 1986 | 9.9 | -1.9pp |
| 1985 | 11.8 | +4.5pp |
| 1984 | 7.3 | -3.9pp |
| 1983 | 11.2 | -1.2pp |
| 1982 | 12.4 | +1.7pp |
| 1981 | 10.7 | -3.4pp |
| 1980 | 14.1 | +2.4pp |
| 1979 | 11.7 | +5.6pp |
About this Dataset
United Kingdom recorded 4.5 % per annum in 1998. The latest change was +0.9pp. Across 1960–1998 the series ranges from 2 in 1963 to 14.1 in 1980.
This page tracks the benchmark bank deposit interest rate in United Kingdom from 1990 to present. The spread between lending and deposit rates is a core measure of bank profitability and financial system efficiency.
Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks the benchmark bank deposit interest rate in United Kingdom from 1990 to present. The spread between lending and deposit rates is a core measure of bank profitability and financial system efficiency. It is published by World Bank and updated annually.
The most recent observation covers 1998. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1960–1998 (39 observations).
The series peaked at 14.1 % per annum in 1980 and reached its lowest recorded value of 2 in 1963. The latest reading of 4.5 in 1998 represents a change of +0.9pp.