The benchmark interest rate in Myanmar was last recorded at 7 percent.
Interest Rate in Myanmar averaged 9.93 percent from 2011 until 2020, reaching an all time high of 12 percent in December of 2011 and a record low of 7 percent in April of 2020. This page provides the latest reported value for - Myanmar Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Myanmar Interest Rate - values, historical data and charts - was last updated on August of 2020.
Interest Rate in Myanmar is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Myanmar to stand at 6.00 in 12 months time. In the long-term, the Myanmar Interest Rate is projected to trend around 6.50 percent in 2021 and 7.00 percent in 2022, according to our econometric models.