Myanmar Real Interest Rate
Real interest rate FR.INR.RINR
Myanmar's real interest rate was 9.01% in 2020, ranked 76th globally. This represents a 10.2% decrease from 2019. Data from World Bank, covering 1994–2020.
Overview
Myanmar's real interest rate stood at 9.01% in 2020, a decline of +1.03pp from 2019. Myanmar ranked 76th globally.
Myanmar's real interest rate has exhibited considerable volatility over the past 27 years, with a notable all-time peak of 15.92% in 2000 and a corresponding trough of -16.29% in 2002. This extreme fluctuation reflects the country's tumultuous economic history, marked by periods of rapid growth and severe financial crises. In comparison, peer countries such as Peru and Rwanda have experienced relatively stable interest rates, with Peru's real interest rate averaging around 8.89% over the same period. By 2020, Myanmar's real interest rate had risen to 9.01%, ranking 76th globally. The current high interest rate may be a response to the country's ongoing economic challenges, including a high inflation rate and a large current account deficit. A potential shift in monetary policy or a significant improvement in the country's economic fundamentals could alter the trajectory of Myanmar's real interest rate, potentially leading to a more stable and lower interest rate environment in the future.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2020 | 9.01% | −1.03pp | #76 |
| 2019 | 10.03% | −0.09pp | #94 |
| 2018 | 10.12% | +0.55pp | #102 |
| 2017 | 9.56% | −2.39pp | #108 |
| 2016 | 11.95% | +0.56pp | #110 |
| 2015 | 11.39% | −0.24pp | #100 |
| 2014 | 11.63% | +0.50pp | #113 |
| 2013 | 11.13% | −1.34pp | #110 |
| 2012 | 12.48% | +3.55pp | #121 |
| 2011 | 8.93% | −4.03pp | #112 |
| 2010 | 12.97% | −2.33pp | #124 |
| 2009 | 15.30% | +8.87pp | #101 |
| 2008 | 6.43% | +8.63pp | #97 |
| 2007 | -2.20% | −0.96pp | #11 |
| 2006 | -1.24% | −0.65pp | #20 |
Detected Pattern
Analysis
Myanmar matched the Export Boom Cycle pattern in 2009. Historically, 71% of countries showing this pattern (546 out of 768) saw real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Myanmar's real interest rate was 9.01% in 2020. Ranked 76th globally. This represents a 10.2% decrease from the previous year.
Myanmar's real interest rate peaked at 15.92% in 2000.
The lowest real interest rate in Myanmar was -16.29% in 2002.
Myanmar ranks 76th globally in real interest rate as of 2020.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
The real interest rate of Myanmar in 2020 was 9.01%. This ranks 76th in the world.
Cite this page
@misc{historysaid_myanmar_real-interest-rate,
title = {Myanmar Real Interest Rate},
url = {https://historysaid.com/myanmar/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}