Deposit interest rate — all countries

Deposit interest rate — Myanmar

Deposit interest rate in Myanmar in 2020 — 5.83%. Ranked 25 in the world out of 113. Since 1975, the indicator has risen by 5.08 pp.

2020 5.83% −2.17 pp vs 2019
World rank 25of 113
Period maximum 12.5%1996
Period minimum 0.75%1975

Trend over time

1975–2020 · % per annum

Deposit interest rate — Myanmar, 1975–202005101519751980198519901995200020052010201520201975: 0.75%1976: 0.75%1977: 0.88%1978: 1.5%1979: 1.5%1980: 1.5%1981: 1.5%1982: 1.5%1983: 1.5%1984: 1.5%1985: 1.5%1986: 1.5%1987: 1.5%1988: 1.5%1989: 1.5%1990: 5.88%1991: 9%1992: 9%1993: 9%1994: 9%1995: 9.75%1996: 12.5%1997: 12.5%1998: 12.5%1999: 11%2000: 9.75%2001: 9.5%2002: 9.5%2003: 9.5%2004: 9.5%2005: 9.5%2006: 11.38%2007: 12%2008: 12%2009: 12%2010: 12%2011: 11.33%2012: 8%2013: 8%2014: 8%2015: 8%2016: 8%2017: 8%2018: 8%2019: 8%2020: 5.83%
Change over the period: +5.08 pp Annual average: 0.11 pp
Deposit interest rate — Myanmar, by year Myanmar All countries CSV XLSX
Year % Change, pp
2020 5.83 −2.17 pp
2019 8 +0 pp
2018 8 +0 pp
2017 8 +0 pp
2016 8 +0 pp
2015 8 +0 pp
2014 8 +0 pp
2013 8 +0 pp
2012 8 −3.33 pp
2011 11.33 −0.67 pp
2010 12 +0 pp
2009 12 +0 pp
2008 12 +0 pp
2007 12 +0.63 pp
2006 11.38 +1.88 pp
2005 9.5 +0 pp
2004 9.5 +0 pp
2003 9.5 +0 pp
2002 9.5 +0 pp
2001 9.5 −0.25 pp
2000 9.75 −1.25 pp
1999 11 −1.5 pp
1998 12.5 +0 pp
1997 12.5 +0 pp
1996 12.5 +2.75 pp
1995 9.75 +0.75 pp
1994 9 +0 pp
1993 9 +0 pp
1992 9 +0 pp
1991 9 +3.13 pp
1990 5.88 +4.38 pp
1989 1.5 +0 pp
1988 1.5 +0 pp
1987 1.5 +0 pp
1986 1.5 +0 pp
1985 1.5 +0 pp
1984 1.5 +0 pp
1983 1.5 +0 pp
1982 1.5 +0 pp
1981 1.5 +0 pp
1980 1.5 +0 pp
1979 1.5 +0 pp
1978 1.5 +0.63 pp
1977 0.88 +0.13 pp
1976 0.75 +0 pp
1975 0.75

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

Source: World Economic Outlook (IMF), license IMF open data.