Sri Lanka Deposit Rate
Deposit interest rate FR.INR.DPST
Sri Lanka's deposit rate was 8.71% in 2019, ranked 104th globally. This represents a 1.6% decrease from 2018. Data from World Bank, covering 2001–2019.
Overview
Sri Lanka's deposit rate stood at 8.71% in 2019, a decline of +0.14pp from 2018. Sri Lanka ranked 104th globally.
Sri Lanka's deposit rate has fluctuated significantly over the past two decades, ranging from a low of 5.07% in 2004 to an all-time high of 10.89% in 2008. The rate has generally trended downward since then, reaching 8.71% in 2019, a relatively modest position globally where it ranks 104th. In comparison, neighboring Georgia also recorded an 8.71% deposit rate in the same year, while countries like Nigeria and Suriname reported slightly higher rates. Sri Lanka's deposit rate has been influenced by various factors, including monetary policy decisions and economic conditions. Over the past few years, the Central Bank of Sri Lanka has maintained a relatively stable monetary policy stance, which may have contributed to the recent stability in deposit rates. However, a shift in monetary policy or changes in economic conditions, such as a rise in inflation or a slowdown in economic growth, could alter the trajectory of Sri Lanka's deposit rate in the future.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2019 | 8.71% | −0.14pp | #104 |
| 2018 | 8.85% | −0.15pp | #107 |
| 2017 | 9.00% | +1.91pp | #121 |
| 2016 | 7.10% | +1.11pp | #111 |
| 2015 | 5.99% | −1.51pp | #98 |
| 2014 | 7.50% | −2.73pp | #115 |
| 2013 | 10.23% | +1.56pp | #129 |
| 2012 | 8.67% | +2.23pp | #116 |
| 2011 | 6.43% | −0.47pp | #94 |
| 2010 | 6.90% | −3.71pp | #96 |
| 2009 | 10.61% | −0.28pp | #117 |
| 2008 | 10.89% | +1.81pp | #118 |
| 2007 | 9.08% | +2.28pp | #112 |
| 2006 | 6.80% | +1.17pp | #90 |
| 2005 | 5.64% | +0.56pp | #81 |
Detected Pattern
Analysis
Sri Lanka matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
Sri Lanka's deposit rate was 8.71% in 2019. Ranked 104th globally. This represents a 1.6% decrease from the previous year.
Sri Lanka's deposit rate peaked at 10.89% in 2008.
The lowest deposit rate in Sri Lanka was 5.07% in 2004.
Sri Lanka ranks 104th globally in deposit rate as of 2019.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
The deposit rate of Sri Lanka in 2019 was 8.71%. This ranks 104th in the world.
Cite this page
@misc{historysaid_sri-lanka_deposit-rate,
title = {Sri Lanka Deposit Rate},
url = {https://historysaid.com/sri-lanka/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}