Deposit Interest Rate in the United Kingdom increased to 0.15 percent in December from 0 percent in November of 2021. source: Bank of England

Deposit Interest Rate in the United Kingdom averaged 0.14 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 January of 2022.

Deposit Interest Rate in the United Kingdom is expected to be 0.40 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 1.15 percent in 2023 and 1.65 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 0.25 0.10 percent Dec/21
Money Supply M0 95157.00 96031.00 GBP Million Dec/21
Money Supply M1 2363869.00 2351144.00 GBP Million Nov/21
Money Supply M2 2978842.00 2961077.00 GBP Million Nov/21
Money Supply M3 3495651.00 3465824.00 GBP Million Nov/21
Central Bank Balance Sheet 1118932.00 1119282.00 GBP Million Jan/22
Foreign Exchange Reserves 203709.23 202221.35 USD Million Dec/21
Banks Balance Sheet 4493375.00 4434822.00 GBP Million Nov/21
Loans to Private Sector 2673081.00 2638005.00 GBP Million Jun/21
Deposit Interest Rate 0.15 0.00 percent Dec/21
Lending Rate 0.50 0.35 percent Dec/21
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.