Deposit Interest Rate in the United Kingdom remained unchanged at 0 percent in March from 0 percent in February of 2021. source: Bank of England

Deposit Interest Rate in the United Kingdom averaged 0.15 percent from 2008 until 2021, reaching an all time high of 4.25 percent in October of 2008 and a record low of 0 percent in March of 2009. This page includes a chart with historical data for Deposit Interest Rate in the United Kingdom. United Kingdom Operational Standing Deposit Facility Rate - values, historical data and charts - was last updated on May of 2021.

Deposit Interest Rate in the United Kingdom is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in the United Kingdom to stand at 0.00 in 12 months time. In the long-term, the United Kingdom Operational Standing Deposit Facility Rate is projected to trend around 0.00 percent in 2022 and 0.40 percent in 2023, according to our econometric models.

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United Kingdom Operational Standing Deposit Facility Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.00 4.25 0.00 2008 - 2021 percent Monthly
NSA

United Kingdom Money Last Previous Highest Lowest Unit
Interest Rate 0.10 0.10 17.00 0.10 percent [+]
Interbank Rate 0.08 0.08 15.63 0.02 percent [+]
Money Supply M0 95668.00 94642.00 95668.00 3530.00 GBP Million [+]
Money Supply M1 2241764.00 2216139.00 2241764.00 82332.00 GBP Million [+]
Money Supply M2 2862773.00 2841549.00 2862773.00 167378.00 GBP Million [+]
Money Supply M3 3318055.00 3284227.00 3318055.00 263108.00 GBP Million [+]
Foreign Exchange Reserves 178963.97 178148.49 186655.93 35190.42 USD Million [+]
Banks Balance Sheet 4248948.00 4254940.00 4315434.00 3342179.00 GBP Million [+]
Central Bank Balance Sheet 951774.00 943665.00 951774.00 76991.00 GBP Million [+]
Loans to Private Sector 2654482.00 2651284.00 2812824.00 8755.00 GBP Million [+]
Deposit Interest Rate 0.00 0.00 4.25 0.00 percent [+]
Lending Rate 0.35 0.35 4.75 0.35 percent [+]
Private Debt to GDP 190.30 200.10 238.00 154.50 percent [+]


United Kingdom Operational Standing Deposit Facility Rate
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.