Deposit interest rate (%) in Myanmar
Myanmar: Deposit interest rate (%) was 5.8% in 2020. ◆ Volatile
Deposit interest rate in Myanmar, 1975–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit interest rate in Myanmar is 5.8%, measured in 2020.
Compared with earlier readings it is down 27.1% on the previous year and down 51.4% over ten years.
Over the whole period, deposit interest rate in Myanmar peaked at 12.5% in 1996 and was at its lowest, 0.8%, in 1975.
Myanmar ranks 47th of 153 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit interest rate (%) in Myanmar, year by year
| Year | % | Change |
|---|---|---|
| 1975 | 0.8% | — |
| 1976 | 0.8% | +0.0% |
| 1977 | 0.9% | +16.7% |
| 1978 | 1.5% | +71.4% |
| 1979 | 1.5% | +0.0% |
| 1980 | 1.5% | +0.0% |
| 1981 | 1.5% | +0.0% |
| 1982 | 1.5% | +0.0% |
| 1983 | 1.5% | +0.0% |
| 1984 | 1.5% | +0.0% |
| 1985 | 1.5% | +0.0% |
| 1986 | 1.5% | +0.0% |
| 1987 | 1.5% | +0.0% |
| 1988 | 1.5% | +0.0% |
| 1989 | 1.5% | +0.0% |
| 1990 | 5.9% | +291.7% |
| 1991 | 9.0% | +53.2% |
| 1992 | 9.0% | +0.0% |
| 1993 | 9.0% | +0.0% |
| 1994 | 9.0% | +0.0% |
| 1995 | 9.8% | +8.3% |
| 1996 | 12.5% | +28.2% |
| 1997 | 12.5% | +0.0% |
| 1998 | 12.5% | +0.0% |
| 1999 | 11.0% | -12.0% |
| 2000 | 9.8% | -11.4% |
| 2001 | 9.5% | -2.6% |
| 2002 | 9.5% | +0.0% |
| 2003 | 9.5% | +0.0% |
| 2004 | 9.5% | +0.0% |
| 2005 | 9.5% | +0.0% |
| 2006 | 11.4% | +19.7% |
| 2007 | 12.0% | +5.5% |
| 2008 | 12.0% | +0.0% |
| 2009 | 12.0% | +0.0% |
| 2010 | 12.0% | +0.0% |
| 2011 | 11.3% | -5.6% |
| 2012 | 8.0% | -29.4% |
| 2013 | 8.0% | +0.0% |
| 2014 | 8.0% | +0.0% |
| 2015 | 8.0% | +0.0% |
| 2016 | 8.0% | +0.0% |
| 2017 | 8.0% | +0.0% |
| 2018 | 8.0% | +0.0% |
| 2019 | 8.0% | +0.0% |
| 2020 | 5.8% | -27.1% |
Myanmar compared with similar countries
- Myanmar's 5.8% is above the median for lower middle income countries, which is 5.2%, 1.1× the median. (42 countries reporting)
- Myanmar's 5.8% is above the median for East Asia & Pacific, which is 1.5%, 3.9× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.1% | 0.8% | 1.5% | 5 |
| 1980s | 1.5% | 1.5% | 1.5% | 10 |
| 1990s | 10.0% | 5.9% | 12.5% | 10 |
| 2000s | 10.5% | 9.5% | 12.0% | 10 |
| 2010s | 8.7% | 8.0% | 12.0% | 10 |
| 2020s | 5.8% | 5.8% | 5.8% | 1 |
Countries ranked near Myanmar
More financial sector data for Myanmar
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (1985)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (1985)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (1985)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (1985)
Frequently asked questions
- What is deposit interest rate in Myanmar?
- Deposit interest rate in Myanmar was 5.8% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Myanmar?
- The highest recorded value was 12.5% in 1996.
- What is the lowest deposit interest rate recorded in Myanmar?
- The lowest recorded value was 0.8% in 1975.
- How does Myanmar rank for deposit interest rate?
- Myanmar ranks 47th out of 153 countries with data for 2020.
- Is deposit interest rate rising or falling in Myanmar?
- Over the last ten years it is down 51.4%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.