Interest spread, which is the difference between interest rate on loans and deposits fell 5.81% to 4.60% in Romania in 2016, according to the National Central Bank.
Historically, interest spread, which is the difference between interest rate on loans and deposits in Romania reached an all time high of 43.9% in 1993 and an all time low of 4.60% in 2016. When compared to Romania's main peers, interest spread, which is the difference between interest rate on loans and deposits in Bulgaria amounted to 6.22%, 1.51% in Hungary, 3.55% in Moldova and 7.75% in Ukraine in 2016.
Romania has been ranked 78th within the group of 128 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits, 44 places below the position seen 10 years ago.
Interest Spread (Difference Between Interest Rate on Loans and Deposits) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
Austria | % | ... | 4.98% | ... | ... | ... | ... | ... | ... | |||||||||||||
Bulgaria | % | 6.22% | 5.39% | 4.94% | 4.52% | 4.32% | ... | |||||||||||||||
Czechia | % | 3.53% | 3.31% | 3.27% | 3.30% | 3.04% | ... | |||||||||||||||
Greece | % | ... | 6.81% | ... | ... | ... | ... | ... | ... | |||||||||||||
Hungary | % | 1.51% | 1.36% | 1.41% | 1.69% | 1.49% | ... | |||||||||||||||
Moldova | % | 3.55% | 4.59% | 4.36% | 3.65% | 4.35% | ... | |||||||||||||||
Poland | % | 1.75% | 3.86% | 3.86% | 3.91% | 3.41% | ||||||||||||||||
Romania | % | 4.60% | 4.68% | 5.50% | 5.38% | 4.56% | ... | |||||||||||||||
Russia | % | 5.63% | 4.70% | 3.50% | 3.35% | 3.01% | ... | |||||||||||||||
Serbia | % | ... | ... | ... | ... | ... | ... | ... | ||||||||||||||
Slovakia | % | 5.59% | ... | ... | ... | ... | ... | ... | ||||||||||||||
Turkey | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Ukraine | % | 7.75% | 7.26% | 7.23% | 6.93% | 8.21% | ... |