Deposit Interest Rate in the United Kingdom increased to 2.75 percent in November from 2 percent in October of 2022. source: Bank of England

Deposit Interest Rate in the United Kingdom averaged 0.20 percent from 2008 until 2022, reaching an all time high of 4.25 percent in October of 2008 and a record low of 0.00 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 November of 2022.

Deposit Interest Rate in the United Kingdom is expected to be 3.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Operational Standing Deposit Facility Rate is projected to trend around 4.95 percent in 2023 and 4.45 percent in 2024, according to our econometric models.

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United Kingdom Operational Standing Deposit Facility Rate



Related Last Previous Unit Reference
Interest Rate 3.00 2.25 percent Nov 2022
Money Supply M0 93602.00 94326.00 GBP Million Oct 2022
Money Supply M1 2563816.00 2484423.00 GBP Million Sep 2022
Money Supply M2 3213819.00 3112903.00 GBP Million Sep 2022
Money Supply M3 3699159.00 3604020.00 GBP Million Sep 2022
Central Bank Balance Sheet 1094203.00 1094220.00 GBP Million Nov 2022
Foreign Exchange Reserves 176103.92 171551.20 USD Million Oct 2022
Banks Balance Sheet 4531793.00 4513549.00 GBP Million Sep 2022
Loans to Private Sector 2731774.00 2733887.00 GBP Million Jun 2022
Deposit Interest Rate 2.75 2.00 percent Nov 2022
Lending Rate 3.25 2.50 percent Nov 2022

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. The operational standing deposit facility consists of an overnight deposit transaction.
Actual Previous Highest Lowest Dates Unit Frequency
2.75 2.00 4.25 0.00 2008 - 2022 percent Monthly
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