Sri Lanka Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Sri Lanka's interest rate spread was 2.53% in 2019, ranked 15th globally. This represents a 6.3% decrease from 2018. Data from World Bank, covering 2001–2019.
Overview
Sri Lanka's interest rate spread stood at 2.53% in 2019, a decline of +0.17pp from 2018. Sri Lanka ranked 15th globally.
Sri Lanka's interest rate spread has exhibited significant fluctuations over the past two decades, with the all-time peak of 8.00% occurring in 2008, during the global financial crisis. Conversely, the country experienced an all-time trough of 0.34% in 2014, showcasing its capacity to reduce the gap between lending and deposit interest rates. In 2019, Sri Lanka's interest rate spread stood at 2.53%, ranking 15th globally. Compared to its peer countries, Sri Lanka's spread is relatively close to Belarus's 2.52%, with other countries such as Thailand and Viet Nam displaying slightly higher spreads. The interest rate spread in Sri Lanka has been subject to economic policy decisions, particularly monetary policy, which aims to balance economic growth and inflation. Moving forward, any significant increase in inflation or interest rates could potentially widen the interest rate spread, while sustained economic growth and stable monetary policy could help maintain a relatively narrow spread.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2019 | 2.53% | −0.17pp | #15 |
| 2018 | 2.70% | +0.13pp | #14 |
| 2017 | 2.57% | −0.83pp | #23 |
| 2016 | 3.40% | +2.43pp | #35 |
| 2015 | 0.97% | +0.63pp | #14 |
| 2014 | 0.34% | −1.88pp | #12 |
| 2013 | 2.22% | −2.39pp | #21 |
| 2012 | 4.62% | +1.64pp | #44 |
| 2011 | 2.98% | −0.34pp | #24 |
| 2010 | 3.32% | −1.74pp | #32 |
| 2009 | 5.06% | −2.94pp | #43 |
| 2008 | 8.00% | +0.01pp | #90 |
| 2007 | 8.00% | +1.95pp | #86 |
| 2006 | 6.05% | +0.92pp | #54 |
| 2005 | 5.13% | +0.73pp | #44 |
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 interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Sri Lanka's interest rate spread was 2.53% in 2019. Ranked 15th globally. This represents a 6.3% decrease from the previous year.
Sri Lanka's interest rate spread peaked at 8.00% in 2008.
The lowest interest rate spread in Sri Lanka was 0.34% in 2014.
Sri Lanka ranks 15th globally in interest rate spread as of 2019.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
The interest rate spread of Sri Lanka in 2019 was 2.53%. This ranks 15th in the world.
Cite this page
@misc{historysaid_sri-lanka_interest-rate-spread,
title = {Sri Lanka Interest Rate Spread},
url = {https://historysaid.com/sri-lanka/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}