Lending Rate, Percent per annum in Sri Lanka
Sri Lanka: Lending Rate, Percent per annum was 11.24 in 2019. ▼ Falling
Lending Rate, Percent per annum in Sri Lanka, 2001–2019
Source: International Monetary Fund.
Analysis
Sri Lanka recorded 11.24 for lending rate, percent per annum in 2019.
The figure is down 2.7% on the previous year and down 28.3% over ten years.
Over the whole period, lending rate, percent per annum in Sri Lanka peaked at 18.89 in 2008 and was at its lowest, 6.96, in 2015.
Sri Lanka ranks 56th of 144 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Lending Rate, Percent per annum in Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 14.25 | — |
| 2002 | 13.17 | -7.6% |
| 2003 | 10.35 | -21.4% |
| 2004 | 9.47 | -8.5% |
| 2005 | 10.76 | +13.7% |
| 2006 | 12.85 | +19.4% |
| 2007 | 17.08 | +32.9% |
| 2008 | 18.89 | +10.6% |
| 2009 | 15.67 | -17.0% |
| 2010 | 10.22 | -34.8% |
| 2011 | 9.41 | -7.9% |
| 2012 | 13.28 | +41.1% |
| 2013 | 12.45 | -6.2% |
| 2014 | 7.84 | -37.1% |
| 2015 | 6.96 | -11.2% |
| 2016 | 10.49 | +50.8% |
| 2017 | 11.57 | +10.3% |
| 2018 | 11.55 | -0.1% |
| 2019 | 11.24 | -2.7% |
Sri Lanka compared with similar countries
- Sri Lanka's 11.24 is above the median for upper middle income countries, which is 8.99, 1.3× the median. (46 countries reporting)
- Sri Lanka's 11.24 is above the median for South Asia, which is 11.24, 1.0× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.61 | 9.47 | 18.89 | 9 |
| 2010s | 10.5 | 6.96 | 13.28 | 10 |
Countries ranked near Sri Lanka
More financial sector data for Sri Lanka
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- 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 0.1797 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- 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 0.1312 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.1797 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is lending rate, percent per annum in Sri Lanka?
- Lending rate, percent per annum in Sri Lanka was 11.24 in 2019, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Sri Lanka?
- The highest recorded value was 18.89 in 2008.
- What is the lowest lending rate, percent per annum recorded in Sri Lanka?
- The lowest recorded value was 6.96 in 2015.
- How does Sri Lanka rank for lending rate, percent per annum?
- Sri Lanka ranks 56th out of 144 countries with data for 2019.
- Is lending rate, percent per annum rising or falling in Sri Lanka?
- Over the last ten years it is down 28.3%. The long-run trend across the full record is falling.
- Where does this Sri Lanka 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.
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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.