Myanmar - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Myanmar was 14.83 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between 20.92 in 2010 and 14.83 in 2020.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1994 20.31
1995 20.31
1996 20.31
1997 20.31
1998 20.31
1999 19.85
2000 18.77
2001 18.46
2002 18.46
2003 18.46
2004 18.46
2005 18.46
2006 19.79
2007 20.92
2008 20.92
2009 20.92
2010 20.92
2011 20.10
2012 16.00
2013 16.00
2014 16.00
2015 16.00
2016 16.00
2017 16.00
2018 16.00
2019 16.00
2020 14.83

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates