Deposit Interest Rate in the United Kingdom remained unchanged at 0 percent in November from 0 percent in October 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 December 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. In the long-term, the United Kingdom Operational Standing Deposit Facility Rate is projected to trend around 0.90 percent in 2022 and 1.40 percent in 2023, according to our econometric models.

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United Kingdom Operational Standing Deposit Facility Rate


Related Last Previous Unit Reference
Interest Rate 0.10 0.10 percent Nov/21
Money Supply M0 95764.00 95367.00 GBP Million Oct/21
Money Supply M1 2326402.00 2285831.00 GBP Million Sep/21
Money Supply M2 2937211.00 2896859.00 GBP Million Sep/21
Money Supply M3 3452743.00 3387453.00 GBP Million Sep/21
Central Bank Balance Sheet 1108397.00 1104167.00 GBP Million Nov/21
Foreign Exchange Reserves 200923.27 202168.68 USD Million Oct/21
Banks Balance Sheet 4366103.00 4332409.00 GBP Million Sep/21
Loans to Private Sector 2673081.00 2638005.00 GBP Million Jun/21
Deposit Interest Rate 0.00 0.00 percent Nov/21
Lending Rate 0.35 0.35 percent Nov/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.