Myanmar Deposit Rate
Deposit interest rate FR.INR.DPST
Myanmar's deposit rate was 5.83% in 2020, ranked 89th globally. This represents a 27.1% decrease from 2019. Data from World Bank, covering 1975–2020.
Overview
Myanmar's deposit rate stood at 5.83% in 2020, a decline of +2.17pp from 2019. Myanmar ranked 89th globally.
Myanmar’s deposit rate has risen to 5.83 % in 2020, placing the country at 89th position worldwide and marginally above the rates of its closest peers such as Sierra Leone (5.64 %) and Indonesia (5.50 %). The indicator traces a 46‑year series that began in 1975 at a historic low of 0.75 %, a trough recorded again in 1976, before climbing sharply during the late 1990s to an all‑time peak of 12.50 % in 1998. The post‑peak decline reflects a combination of monetary‑policy adjustments and broader macro‑economic reforms that have gradually lowered the cost of holding deposits while attempting to stimulate credit growth. Compared with Bangladesh (6.07 %) and Ukraine (6.09 %), Myanmar’s current level suggests a modestly tighter monetary stance, yet the trajectory since the 1998 apex indicates a sustained downward bias. Continued reforms in the banking sector and a stable inflation environment could further compress the deposit rate, reinforcing the gradual downward trend.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2020 | 5.83% | −2.17pp | #89 |
| 2019 | 8.00% | +0.00pp | #98 |
| 2018 | 8.00% | +0.00pp | #101 |
| 2017 | 8.00% | +0.00pp | #116 |
| 2016 | 8.00% | +0.00pp | #118 |
| 2015 | 8.00% | +0.00pp | #114 |
| 2014 | 8.00% | +0.00pp | #117 |
| 2013 | 8.00% | +0.00pp | #119 |
| 2012 | 8.00% | −3.33pp | #114 |
| 2011 | 11.33% | −0.67pp | #127 |
| 2010 | 12.00% | +0.00pp | #133 |
| 2009 | 12.00% | +0.00pp | #125 |
| 2008 | 12.00% | +0.00pp | #126 |
| 2007 | 12.00% | +0.63pp | #126 |
| 2006 | 11.38% | +1.88pp | #125 |
Detected Pattern
Analysis
Myanmar matched the Export Boom Cycle pattern in 2009. Historically, 71% of countries showing this pattern (546 out of 768) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
Myanmar's deposit rate was 5.83% in 2020. Ranked 89th globally. This represents a 27.1% decrease from the previous year.
Myanmar's deposit rate peaked at 12.50% in 1996.
The lowest deposit rate in Myanmar was 0.75% in 1975.
Myanmar ranks 89th globally in deposit rate as of 2020.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
The deposit rate of Myanmar in 2020 was 5.83%. This ranks 89th in the world.
Cite this page
@misc{historysaid_myanmar_deposit-rate,
title = {Myanmar Deposit Rate},
url = {https://historysaid.com/myanmar/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}