Deposit Rate, Percent per annum in Myanmar
Myanmar: Deposit Rate, Percent per annum was 5.83 in 2020. ◆ Volatile
Deposit Rate, Percent per annum in Myanmar, 1975–2020
Source: International Monetary Fund.
Analysis
In 2020, deposit rate, percent per annum in Myanmar stood at 5.83.
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 rate, percent per annum in Myanmar peaked at 12.5 in 1996 and was at its lowest, 0.75, in 1975.
Myanmar ranks 44th of 143 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 Rate, Percent per annum in Myanmar, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | 0.75 | — |
| 1976 | 0.75 | +0.0% |
| 1977 | 0.875 | +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 | 5.88 | +291.7% |
| 1991 | 9 | +53.2% |
| 1992 | 9 | +0.0% |
| 1993 | 9 | +0.0% |
| 1994 | 9 | +0.0% |
| 1995 | 9.75 | +8.3% |
| 1996 | 12.5 | +28.2% |
| 1997 | 12.5 | +0.0% |
| 1998 | 12.5 | +0.0% |
| 1999 | 11 | -12.0% |
| 2000 | 9.75 | -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 | 11.38 | +19.7% |
| 2007 | 12 | +5.5% |
| 2008 | 12 | +0.0% |
| 2009 | 12 | +0.0% |
| 2010 | 12 | +0.0% |
| 2011 | 11.33 | -5.6% |
| 2012 | 8 | -29.4% |
| 2013 | 8 | +0.0% |
| 2014 | 8 | +0.0% |
| 2015 | 8 | +0.0% |
| 2016 | 8 | +0.0% |
| 2017 | 8 | +0.0% |
| 2018 | 8 | +0.0% |
| 2019 | 8 | +0.0% |
| 2020 | 5.83 | -27.1% |
Myanmar compared with similar countries
- Myanmar's 5.83 is above the median for lower middle income countries, which is 5.24, 1.1× the median. (40 countries reporting)
- Myanmar's 5.83 is above the median for East Asia & Pacific, which is 1.51, 3.9× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.07 | 0.75 | 1.5 | 5 |
| 1980s | 1.5 | 1.5 | 1.5 | 10 |
| 1990s | 10.01 | 5.88 | 12.5 | 10 |
| 2000s | 10.46 | 9.5 | 12 | 10 |
| 2010s | 8.73 | 8 | 12 | 10 |
| 2020s | 5.83 | 5.83 | 5.83 | 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 rate, percent per annum in Myanmar?
- Deposit rate, percent per annum in Myanmar was 5.83 in 2020, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Myanmar?
- The highest recorded value was 12.5 in 1996.
- What is the lowest deposit rate, percent per annum recorded in Myanmar?
- The lowest recorded value was 0.75 in 1975.
- How does Myanmar rank for deposit rate, percent per annum?
- Myanmar ranks 44th out of 143 countries with data for 2020.
- Is deposit rate, percent per annum 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 Monetary Fund, published as part of Deposit Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.