Myanmar—Lending Interest Rate (%)
Myanmar's lending interest rate (%) was 14.8% in 2020, ranking #22 out of 112 countries. This represents a -7.3% change from 2019. Over the past 21 years, the highest recorded value was 20.9% (2007) and the lowest was 14.8% (2020). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2020 | 14.8% | -7.3% |
| 2019 | 16.0% | +0.0% |
| 2018 | 16.0% | +0.0% |
| 2017 | 16.0% | +0.0% |
| 2016 | 16.0% | +0.0% |
| 2015 | 16.0% | +0.0% |
| 2014 | 16.0% | +0.0% |
| 2013 | 16.0% | +0.0% |
| 2012 | 16.0% | -20.4% |
| 2011 | 20.1% | -3.9% |
| 2010 | 20.9% | +0.0% |
| 2009 | 20.9% | +0.0% |
| 2008 | 20.9% | +0.0% |
| 2007 | 20.9% | +5.7% |
| 2006 | 19.8% | +7.2% |
| 2005 | 18.5% | +0.0% |
| 2004 | 18.5% | +0.0% |
| 2003 | 18.5% | +0.0% |
| 2002 | 18.5% | +0.0% |
| 2001 | 18.5% | -1.6% |
| 2000 | 18.8% |
Top Countries — Lending Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Zimbabwe | 170.3% | 2023 |
| 2 | Argentina | 61.7% | 2024 |
| 3 | Madagascar | 53.6% | 2023 |
| 4 | Brazil | 40.2% | 2024 |
| 5 | Malawi | 37.1% | 2024 |
| 6 | Egypt, Arab Rep. | 24.3% | 2024 |
| 7 | Congo, Dem. Rep. | 23.3% | 2021 |
| 8 | Uzbekistan | 23.1% | 2024 |
| 9 | Mozambique | 21.7% | 2024 |
| 10 | Gambia, The | 20.8% | 2023 |
About This Indicator
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. This indicator is expressed as a percentage (a÷b)*100.
Methodology
Data compiled by International Financial Statistics database, International Monetary Fund (IMF).