Lending interest rate in Sri Lanka

Sri Lanka: Lending interest rate was 11.2% in 2019. ▼ Falling

Latest (2019)
11.2%
Change on year
down 2.7%
World rank
52nd
of 148 countries
All-time high
18.9%
in 2008
All-time low
7.0%
in 2015
Years of data
19
2001–2019

Lending interest rate in Sri Lanka, 2001–2019

051015202001201020192001: 14.2 %2002: 13.2 %2003: 10.3 %2004: 9.5 %2005: 10.8 %2006: 12.8 %2007: 17.1 %2008: 18.9 %2009: 15.7 %2010: 10.2 %2011: 9.4 %2012: 13.3 %2013: 12.5 %2014: 7.8 %2015: 7 %2016: 10.5 %2017: 11.6 %2018: 11.6 %2019: 11.2 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for lending interest rate in Sri Lanka is 11.2%, measured in 2019.

The figure is down 2.7% on the previous year and down 28.3% over ten years.

Over the whole period, lending interest rate in Sri Lanka peaked at 18.9% in 2008 and was at its lowest, 7.0%, in 2015.

That places Sri Lanka 52nd out of 148 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.6% 9.5% 18.9% 9
2010s 10.5% 7.0% 13.3% 10

Countries ranked near Sri Lanka

  1. 49 Jamaica 12.1% compare
  2. 50 Bhutan 11.8% compare
  3. 51 Maldives 11.6% compare
  4. 53 Lesotho 11.2% compare
  5. 54 Iceland 11.0% compare
  6. 55 Namibia 11.0% compare

See the full ranking of 148 places →

More financial sector data for Sri Lanka

All data for Sri Lanka →

Frequently asked questions

What is lending interest rate in Sri Lanka?
Lending interest rate in Sri Lanka was 11.2% in 2019, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest lending interest rate recorded in Sri Lanka?
The highest recorded value was 18.9% in 2008.
What is the lowest lending interest rate recorded in Sri Lanka?
The lowest recorded value was 7.0% in 2015.
How does Sri Lanka rank for lending interest rate?
Sri Lanka ranks 52nd out of 148 countries with data for 2019.
Is lending interest rate 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 Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Lending interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,788 data points, 1960–2025
Last refreshed

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.