Lending Rate, Percent per annum in Myanmar
Myanmar: Lending Rate, Percent per annum was 14.83 in 2020. βΌ Falling
Lending Rate, Percent per annum in Myanmar, 1994β2020
Source: International Monetary Fund.
Analysis
The most recent figure for lending rate, percent per annum in Myanmar is 14.83, measured in 2020. That is the lowest value across all 27 years on record.
The figure is down 7.3% on the previous year and down 29.1% over ten years.
Over the whole period, lending rate, percent per annum in Myanmar peaked at 20.92 in 2007 and was at its lowest, 14.83, in 2020.
That places Myanmar 37th out of 144 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.23 | 19.85 | 20.31 | 6 |
| 2000s | 19.36 | 18.46 | 20.92 | 10 |
| 2010s | 16.9 | 16 | 20.92 | 10 |
| 2020s | 14.83 | 14.83 | 14.83 | 1 |
Countries ranked near Myanmar
- 36 Afghanistan, Islamic Republic of 14.84 compare
- 38 Suriname 14.5 compare
- 39 Colombia 14.31 compare
- 40 South Sudan, Republic of 14.29 compare
More financial sector data for Myanmar
- 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)
- 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 lending rate, percent per annum in Myanmar?
- Lending rate, percent per annum in Myanmar was 14.83 in 2020, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Myanmar?
- The highest recorded value was 20.92 in 2007.
- What is the lowest lending rate, percent per annum recorded in Myanmar?
- The lowest recorded value was 14.83 in 2020.
- How does Myanmar rank for lending rate, percent per annum?
- Myanmar ranks 37th out of 144 countries with data for 2020.
- Is lending rate, percent per annum 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 Monetary Fund, published as part of Lending Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 27 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.