Deposit Interest Rate in the United Kingdom remained unchanged at 0.50 percent in January from 0.50 percent in December of 2019. United Kingdom Operational Standing Deposit Facility Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Deposit Interest Rate in the United Kingdom averaged 0.16 percent from 2008 until 2020, 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. source: Bank of England
Deposit Interest Rate in the United Kingdom is expected to be 0.50 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 0.50 in 12 months time. In the long-term, the United Kingdom Operational Standing Deposit Facility Rate is projected to trend around 0.75 percent in 2021, according to our econometric models.