SMEs interest rates in the United Kingdom (UK) 2008-2018

Published by Statista Research Department, Apr 12, 2022
This statistic illustrates the evolution of interest rates for small and medium enterprises (SMEs) in the United Kingdom (UK) from 2008 to 2018. It can be seen that the SME interest rates decreased overall with some fluctuation during this period, reaching a value of 3.44 percent as of 2018. The largest average interest rate offered to small to medium enterprises was found in 2008, when interest rates with a value of 4.54 percent were recorded.

Interest rates for Small and Medium-sized Enterprises (SMEs) in the United Kingdom (UK) from 2008 to 2018

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Release date

April 2020

Region

United Kingdom

Survey time period

2008 to 2018

Supplementary notes

*The source indicates: "The median interest rate by value of new SME facilities by 4 major lenders (for SMEs up to GBP 25 million turnover). Quarterly figures are averages of three monthly rates. Annual figures are averages of 12 monthly rates."

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