Tap drill = 5.00 − 0.80 = 4.20 mm. Close clearance 5.3 mm, normal 5.5 mm, loose 6.0 mm. In thin sheet, a PEM nut or rivet nut is more reliable than tapping 4.2 mm through 1 mm steel.
Formula
Major Ø 5 mm
Pitch 0.8 mm
Tap drill 4.4 mm
Minor Ø 4.134 mm
M5 × 0.8 at a glance
Full metric and imperial charts live on the thread & tap drill calculator. Other common sizes: M8 × 1.25, M10 × 1.5, M12 × 1.75, M6 × 1, M16 × 2, M4 × 0.7, 1/4-20 UNC.