Lending interest rate in Myanmar
Myanmar: Lending interest rate was 14.8% in 2020. ▼ Falling
Lending interest rate in Myanmar, 1994–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for lending interest rate in Myanmar is 14.8%, measured in 2020. That is the lowest value across all 27 years on record.
That represents a change of down 7.3% on the previous year and down 29.1% over ten years.
Over the whole period, lending interest rate in Myanmar peaked at 20.9% in 2007 and was at its lowest, 14.8%, in 2020.
Myanmar ranks 34th of 148 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.2% | 19.8% | 20.3% | 6 |
| 2000s | 19.4% | 18.5% | 20.9% | 10 |
| 2010s | 16.9% | 16.0% | 20.9% | 10 |
| 2020s | 14.8% | 14.8% | 14.8% | 1 |
Countries ranked near Myanmar
- 31 Azerbaijan 15.3% compare
- 32 Dominican Republic 15.3% compare
- 33 Afghanistan 14.8% compare
- 35 Suriname 14.5% compare
- 36 Colombia 14.3% compare
- 37 South Sudan 14.3% compare
More financial sector data for Myanmar
- 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)
- Domestic credit to private sector 29.0% (2020)
- Official exchange rate 1,382 LCU per US$, period average (2020)
- Net migration -39,661 (2025)
Frequently asked questions
- What is lending interest rate in Myanmar?
- Lending interest rate in Myanmar was 14.8% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Myanmar?
- The highest recorded value was 20.9% in 2007.
- What is the lowest lending interest rate recorded in Myanmar?
- The lowest recorded value was 14.8% in 2020.
- How does Myanmar rank for lending interest rate?
- Myanmar ranks 34th out of 148 countries with data for 2020.
- Is lending interest rate rising or falling in Myanmar?
- Over the last ten years it is down 29.1%. 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 Lending interest rate (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.