Discount Rate, Percent per annum in Myanmar
Myanmar: Discount Rate, Percent per annum was 7 in 2020. βΌ Falling
Discount Rate, Percent per annum in Myanmar, 1991β2020
Source: International Monetary Fund.
Analysis
In 2020, discount rate, percent per annum in Myanmar stood at 7. That is the lowest value across all 30 years on record.
The figure is down 30.0% on the previous year and down 41.7% over ten years.
Over the whole period, discount rate, percent per annum in Myanmar peaked at 15 in 1996 and was at its lowest, 7, in 2020.
Myanmar ranks 28th of 70 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.61 | 11 | 15 | 9 |
| 2000s | 10.8 | 10 | 12 | 10 |
| 2010s | 10.4 | 10 | 12 | 10 |
| 2020s | 7 | 7 | 7 | 1 |
Countries ranked near Myanmar
More financial sector data for Myanmar
- Net domestic credit (current LCU), per capita 1.15 million current LCU per person (2020)
- Net domestic credit (current LCU), per unit of GDP 771.31 current LCU per US$ of GDP (2020)
- Net domestic credit (current LCU), annual growth rate 15.1 % change on previous year (2020)
- Domestic credit to private sector by banks 29.0% (2020)
- Total reserves in months of imports 3.29 (2019)
- Net domestic credit 60.94 trillion current LCU (2020)
- Net foreign assets 12.75 trillion current LCU (2020)
- Monetary Sector credit to private sector 29.0% (2020)
- Broad money 69.2% (2020)
- Claims on central government, etc. 26.1% (2020)
Frequently asked questions
- What is discount rate, percent per annum in Myanmar?
- Discount rate, percent per annum in Myanmar was 7 in 2020, according to International Monetary Fund.
- What is the highest discount rate, percent per annum recorded in Myanmar?
- The highest recorded value was 15 in 1996.
- What is the lowest discount rate, percent per annum recorded in Myanmar?
- The lowest recorded value was 7 in 2020.
- How does Myanmar rank for discount rate, percent per annum?
- Myanmar ranks 28th out of 70 countries with data for 2020.
- Is discount rate, percent per annum rising or falling in Myanmar?
- Over the last ten years it is down 41.7%. The long-run trend across the full record is falling.
- Where does this Myanmar data come from?
- The figures come from International Monetary Fund, published as part of Discount Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 30 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.