Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Bank of England Interest Rate

Interest Rate in United Kingdom

Indicator Data Period
Interest Rate 4.5 % May/23


Latest data on Interest Rate (%)

Interest Rate
                     United Kingdom - Historical Data (%)

What is Bank of England Interest Rate?

  • Interest Rate in United Kingdom increased to 4.5 % in May 2023. The maximum level was 17 % and minimum was 0.1 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
4.5 May/23 11.05.2023
4.25 Apr/23 01.05.2023
4.25 Mar/23 23.03.2023
4 Feb/23 02.02.2023
3.5 Dec/22 15.12.2022
3 Nov/22 03.11.2022
2.25 Oct/22 02.11.2022
2.25 Sep/22 22.09.2022


Historical Chart by prime ministers (%)

Interest Rate in United Kingdom by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
David Cameron 11.05.2010 - 13.07.2016 0.5000 0.5000 0.5000 0.5000 0.00%
Gordon Brown 27.06.2007 - 11.05.2010 5.5000 0.5000 5.7500 0.5000 -90.91%
Tony Blair 02.05.1997 - 27.06.2007 6.0000 5.5000 7.5000 3.5000 -8.33%
John Major 28.11.1990 - 02.05.1997 14.0000 6.0000 14.0000 5.2500 -57.14%
Margaret Thatcher 04.05.1979 - 28.11.1990 12.0000 14.0000 17.0000 7.5000 16.67%
James Callaghan 05.04.1976 - 04.05.1979 9.0000 12.0000 15.0000 5.0000 33.33%

Other money indicators in United Kingdom

Index Updated Actual Previous
Bank Lending Rate May/23 5.5 % 5.25
Interbank Rate May/23 4.89 % 4.89
Loans to Private Sector Jun/19 3211.53 B USD
Money Supply M1 Mar/23 2918.255 B USD 2962.906
Central Bank Balance Sheet 1268.595 B USD 1271.195
Deposit Interest Rate Mar/23 3.75 % 3.75
Foreign Direct Investment 4Q/22 -40.556 B USD 55.161

Interest Rate in other countries

Country Updated Actual Previous
Austria May/23 3.75 % 3.5
Ireland May/23 3.75 % 3.5
Luxembourg May/23 3.75 % 3.5
Spain May/23 3.75 % 3.5
Iceland May/23 8.75 % 7.5
Norway May/23 3.25 % 3
Belarus May/23 9.75 % 10
Belgium May/23 3.75 % 3.5
Bulgaria Apr/23 2.47 % 2.17
Croatia May/23 3.75 % 3.5
Cyprus May/23 3.75 % 3.5
Czech Republic May/23 7 % 7
Denmark May/23 2.85 % 2.6
Estonia May/23 3.75 % 3.5
Euro Area May/23 3.75 % 3.5
Finland May/23 3.75 % 3.5
France May/23 3.75 % 3.5
Germany May/23 3.75 % 3.5
Greece May/23 3.75 % 3.5
Hungary May/23 13 % 13
Italy May/23 3.75 % 3.5
Latvia May/23 3.75 % 3.5
Lithuania May/23 3.75 % 3.5
Macedonia May/23 5.75 % 5.5
Malta May/23 3.75 % 3.5
Moldova May/23 10 % 14
Netherlands May/23 3.75 % 3.5
Poland May/23 6.75 % 6.75
Portugal May/23 3.75 % 3.5
Romania May/23 7 % 7
Russia Apr/23 7.5 % 7.5
Serbia May/23 6 % 6
Slovakia May/23 3.75 % 3.5
Slovenia May/23 3.75 % 3.5
Sweden Apr/23 3.5 % 3
Switzerland Apr/23 1.5 % 1.5
Turkey May/23 8.5 % 8.5
Ukraine May/23 25 % 25
United Kingdom May/23 4.5 % 4.25
Albania Jun/23 3 % 3
Bosnia and Herzegovina Mar/23 3.92 % 3.97