Micronesia - Interest rate spread

Interest rate spread (lending rate minus deposit rate, %)

The value for Interest rate spread (lending rate minus deposit rate, %) in Micronesia was 14.40 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 15.63 in 2017 and a minimum value of 9.67 in 1995.

Definition: Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1995 9.67
1996 10.42
1997 10.79
1998 11.02
1999 11.45
2000 10.74
2001 12.16
2002 13.80
2003 13.98
2004 14.36
2005 14.75
2006 13.58
2007 11.49
2008 11.91
2009 14.09
2010 14.22
2011 13.76
2012 13.90
2013 15.32
2014 15.32
2015 15.32
2016 15.32
2017 15.63
2018 15.26
2019 14.39
2020 14.40

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates