Sri Lanka Lending Rate
Lending interest rate FR.INR.LEND
Sri Lanka's lending rate was 11.24% in 2019, ranked 73rd globally. This represents a 2.7% decrease from 2018. Data from World Bank, covering 2001–2019.
Overview
Sri Lanka's lending rate stood at 11.24% in 2019, a decline of +0.31pp from 2018. Sri Lanka ranked 73rd globally.
Sri Lanka's lending rate has fluctuated significantly over the past 19 years, with a notable decline from 14.25% in 2001 to 11.24% in 2019, ranking 73rd globally. The all-time peak of 18.89% occurred in 2008, a year marked by global financial turmoil, while the all-time trough of 6.96% was reached in 2015. In comparison to its peers, Sri Lanka's lending rate is slightly higher than that of the Solomon Islands, which stood at 10.60%, but lower than Lesotho's 11.33%. The current lending rate of 11.24% suggests a relatively stable monetary environment, although changes in global economic conditions or domestic policy shifts could alter this trajectory, potentially influencing the direction of Sri Lanka's lending rate in the coming years.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2019 | 11.24% | −0.31pp | #73 |
| 2018 | 11.55% | −0.02pp | #79 |
| 2017 | 11.57% | +1.08pp | #87 |
| 2016 | 10.49% | +3.54pp | #78 |
| 2015 | 6.96% | −0.88pp | #42 |
| 2014 | 7.84% | −4.62pp | #47 |
| 2013 | 12.45% | −0.83pp | #97 |
| 2012 | 13.28% | +3.87pp | #93 |
| 2011 | 9.41% | −0.81pp | #57 |
| 2010 | 10.22% | −5.45pp | #61 |
| 2009 | 15.67% | −3.22pp | #99 |
| 2008 | 18.89% | +1.82pp | #112 |
| 2007 | 17.08% | +4.23pp | #103 |
| 2006 | 12.85% | +2.09pp | #82 |
| 2005 | 10.76% | +1.30pp | #64 |
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 lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Sri Lanka's lending rate was 11.24% in 2019. Ranked 73rd globally. This represents a 2.7% decrease from the previous year.
Sri Lanka's lending rate peaked at 18.89% in 2008.
The lowest lending rate in Sri Lanka was 6.96% in 2015.
Sri Lanka ranks 73rd globally in lending rate as of 2019.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
The lending rate of Sri Lanka in 2019 was 11.24%. This ranks 73rd in the world.
Cite this page
@misc{historysaid_sri-lanka_lending-rate,
title = {Sri Lanka Lending Rate},
url = {https://historysaid.com/sri-lanka/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}