Deposit interest rate in Myanmar
Myanmar: Deposit interest rate was 5.8% in 2020. ◆ Volatile
Deposit interest rate in Myanmar, 1975–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit interest rate in Myanmar is 5.8%, measured in 2020.
Compared with earlier readings it is down 27.1% on the previous year and down 51.4% over ten years.
Over the whole period, deposit interest rate in Myanmar peaked at 12.5% in 1996 and was at its lowest, 0.8%, in 1975.
Myanmar ranks 46th of 152 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.1% | 0.8% | 1.5% | 5 |
| 1980s | 1.5% | 1.5% | 1.5% | 10 |
| 1990s | 10.0% | 5.9% | 12.5% | 10 |
| 2000s | 10.5% | 9.5% | 12.0% | 10 |
| 2010s | 8.7% | 8.0% | 12.0% | 10 |
| 2020s | 5.8% | 5.8% | 5.8% | 1 |
Countries ranked near Myanmar
More financial sector data for Myanmar
- Domestic credit to private sector 29.0% (2020)
- Net domestic credit 60.94 trillion current LCU (2020)
- Total reserves in months of imports 3.29 (2019)
- Net foreign assets 12.75 trillion current LCU (2020)
- Domestic credit to private sector by banks 29.0% (2020)
- Monetary Sector credit to private sector 29.0% (2020)
- Claims on central government, etc. 26.1% (2020)
- Broad money 69.2% (2020)
- Official exchange rate 1,382 LCU per US$, period average (2020)
- Net migration -39,661 (2025)
Frequently asked questions
- What is deposit interest rate in Myanmar?
- Deposit interest rate in Myanmar was 5.8% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Myanmar?
- The highest recorded value was 12.5% in 1996.
- What is the lowest deposit interest rate recorded in Myanmar?
- The lowest recorded value was 0.8% in 1975.
- How does Myanmar rank for deposit interest rate?
- Myanmar ranks 46th out of 152 countries with data for 2020.
- Is deposit interest rate rising or falling in Myanmar?
- Over the last ten years it is down 51.4%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. 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.