Money market Rate, Percent per annum in Sri Lanka
Sri Lanka: Money market Rate, Percent per annum was 7.98 in 2019. ▼ Falling
Money market Rate, Percent per annum in Sri Lanka, 2001–2019
Source: International Monetary Fund.
Analysis
The most recent figure for money market rate, percent per annum in Sri Lanka is 7.98, measured in 2019.
The figure is down 4.4% on the previous year and down 23.1% over ten years.
Over the whole period, money market rate, percent per annum in Sri Lanka peaked at 15.7 in 2007 and was at its lowest, 6.23, in 2015.
That places Sri Lanka 20th out of 94 countries with data for 2019, putting it in the top quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Money market Rate, Percent per annum in Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 12.65 | — |
| 2002 | 11.43 | -9.6% |
| 2003 | 8.51 | -25.5% |
| 2004 | 8.04 | -5.6% |
| 2005 | 9.28 | +15.5% |
| 2006 | 11.44 | +23.3% |
| 2007 | 15.7 | +37.2% |
| 2008 | 15.27 | -2.8% |
| 2009 | 10.37 | -32.1% |
| 2010 | 8.65 | -16.6% |
| 2011 | 8.03 | -7.2% |
| 2012 | 10.01 | +24.7% |
| 2013 | 8.75 | -12.6% |
| 2014 | 6.63 | -24.2% |
| 2015 | 6.23 | -6.1% |
| 2016 | 8.11 | +30.1% |
| 2017 | 8.44 | +4.1% |
| 2018 | 8.34 | -1.2% |
| 2019 | 7.98 | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.41 | 8.04 | 15.7 | 9 |
| 2010s | 8.12 | 6.23 | 10.01 | 10 |
Countries ranked near Sri Lanka
More financial sector data for Sri Lanka
- Net domestic credit (current LCU), per capita 536,545 current LCU per person (2019)
- Net domestic credit (current LCU), per unit of GDP 131.44 current LCU per US$ of GDP (2019)
- Net domestic credit (current LCU), annual growth rate 8.91 % change on previous year (2019)
- Gold reserves at 35 SDRs per ounce 528,500 SDR (2024)
- Gold reserves at market value 30.21 million SDR (2024)
- Reserves excluding gold, foreign exchange 4.64 billion SDR (2024)
- Reserves excluding gold 4.64 billion SDR (2024)
- Total reserves (gold at market value) 4.67 billion SDR (2024)
- Total reserves (gold at national valuation) 4.67 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 213.23 SDR per person (2024)
Frequently asked questions
- What is money market rate, percent per annum in Sri Lanka?
- Money market rate, percent per annum in Sri Lanka was 7.98 in 2019, according to International Monetary Fund.
- What is the highest money market rate, percent per annum recorded in Sri Lanka?
- The highest recorded value was 15.7 in 2007.
- What is the lowest money market rate, percent per annum recorded in Sri Lanka?
- The lowest recorded value was 6.23 in 2015.
- How does Sri Lanka rank for money market rate, percent per annum?
- Sri Lanka ranks 20th out of 94 countries with data for 2019.
- Is money market rate, percent per annum rising or falling in Sri Lanka?
- Over the last ten years it is down 23.1%. 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 Money market 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.