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Interest Rate on Bank Loans (Local Currency) in United Kingdom

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank loans reached 0.500% in 2014 in the United Kingdom, according to the National Central Bank. This is 0% more than in the previous year.

Historically, interest rate on bank loans in the United Kingdom reached an all time high of 16.3% in 1980 and an all time low of 0.500% in 2014.

United Kingdom has been ranked 141st within the group of 141 countries we follow in terms of interest rate on bank loans.

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