Interest rate spread in Myanmar
Myanmar: Interest rate spread was 9.0% in 2020. ▼ Falling
Interest rate spread in Myanmar, 1994–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
Myanmar recorded 9.0% for interest rate spread in 2020.
The figure is up 12.5% on the previous year and up 0.9% over ten years.
Over the whole period, interest rate spread in Myanmar peaked at 11.3% in 1994 and was at its lowest, 7.8%, in 1996.
Myanmar ranks 24th of 140 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 27 years of available data.
Interest rate spread in Myanmar, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1994 | 11.3% | — |
| 1995 | 10.6% | -6.6% |
| 1996 | 7.8% | -26.0% |
| 1997 | 7.8% | +0.0% |
| 1998 | 7.8% | +0.0% |
| 1999 | 8.8% | +13.3% |
| 2000 | 9.0% | +2.0% |
| 2001 | 9.0% | -0.6% |
| 2002 | 9.0% | +0.0% |
| 2003 | 9.0% | +0.0% |
| 2004 | 9.0% | +0.0% |
| 2005 | 9.0% | +0.0% |
| 2006 | 8.4% | -6.0% |
| 2007 | 8.9% | +6.0% |
| 2008 | 8.9% | +0.0% |
| 2009 | 8.9% | +0.0% |
| 2010 | 8.9% | +0.0% |
| 2011 | 8.8% | -1.7% |
| 2012 | 8.0% | -8.8% |
| 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 | 9.0% | +12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.0% | 7.8% | 11.3% | 6 |
| 2000s | 8.9% | 8.4% | 9.0% | 10 |
| 2010s | 8.2% | 8.0% | 8.9% | 10 |
| 2020s | 9.0% | 9.0% | 9.0% | 1 |
Countries ranked near Myanmar
More financial sector data for Myanmar
- Total reserves in months of imports, annual growth rate 5.72 % change on previous year (2019)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2019)
- Total reserves in months of imports, per capita 0 units per person (2019)
- Net domestic credit (current LCU), annual growth rate 15.1 % change on previous year (2020)
- Net domestic credit (current LCU), per unit of GDP 771.31 current LCU per US$ of GDP (2020)
- Net domestic credit (current LCU), per capita 1.15 million current LCU per person (2020)
- Net foreign assets (current LCU), annual growth rate 18.2 % change on previous year (2020)
- Net foreign assets (current LCU), per unit of GDP 161.32 current LCU per US$ of GDP (2020)
- Net foreign assets (current LCU), per capita 240,399 current LCU per person (2020)
- Net migration, annual growth rate -4.43 % change on previous year (2025)
Frequently asked questions
- What is interest rate spread in Myanmar?
- Interest rate spread in Myanmar was 9.0% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Myanmar?
- The highest recorded value was 11.3% in 1994.
- What is the lowest interest rate spread recorded in Myanmar?
- The lowest recorded value was 7.8% in 1996.
- How does Myanmar rank for interest rate spread?
- Myanmar ranks 24th out of 140 countries with data for 2020.
- Is interest rate spread rising or falling in Myanmar?
- Over the last ten years it is up 0.9%. The long-run trend across the full record is falling.
- Where does this Myanmar data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
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About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest 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.