The Central Bank of Sri Lanka left its benchmark standing deposit facility rate steady at 8 percent on February 22nd 2019, saying economic growth is expected to be modest this year and inflation is likely to remain in the desired 4-6 percent range in 2019 and beyond. The standing lending facility rate was also left at 9 percent. However, the central bank cut the statutory reserve ratio applicable to commercial banks by 100bps to 5 percent, effective from March 1st, mentioning a persistent deficit liquidity in the domestic market. Interest Rate in Sri Lanka averaged 7.83 percent from 2003 until 2019, reaching an all time high of 10.50 percent in February of 2007 and a record low of 6 percent in April of 2015.

Interest Rate in Sri Lanka is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Sri Lanka to stand at 8.50 in 12 months time. In the long-term, the Sri Lanka Interest Rate is projected to trend around 7.00 percent in 2020, according to our econometric models.

Sri Lanka Interest Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-02 02:00 AM Interest Rate Decision 7.25% 7.25% 7.25%
2018-11-14 02:00 AM Interest Rate Decision 8% 7.25% 7.25%
2018-12-28 02:00 AM Interest Rate Decision 8% 8% 8%
2019-02-22 02:00 AM Interest Rate Decision 8% 8%
2019-04-10 02:00 AM Interest Rate Decision 8% 8%
2019-05-31 02:00 AM Interest Rate Decision
2019-07-12 02:00 AM Interest Rate Decision


Sri Lanka Money Last Previous Highest Lowest Unit
Interest Rate 8.00 8.00 10.50 6.00 percent [+]
Interbank Rate 11.01 11.01 27.58 0.13 percent [+]
Money Supply M0 620430.00 613590.00 639432.00 602.00 LKR Million [+]
Money Supply M1 830800.00 788820.00 841180.00 6091.00 LKR Million [+]
Money Supply M2 6427300.00 6355320.00 6427300.00 11297.00 LKR Million [+]
Foreign Exchange Reserves 1264445.00 1258657.00 1566323.60 437.10 LKR Million [+]
Banks Balance Sheet 8915070.30 8829592.70 8915070.30 335513.60 LKR Million [+]
Deposit Interest Rate 9.00 7.10 19.79 5.07 percent [+]
Cash Reserve Ratio 5.00 5.00 11.00 5.00 percent [+]
Central Bank Balance Sheet 1894397.00 1971914.50 2063160.80 297382.00 LKR Million [+]
Lending Rate 9.00 9.00 23.00 7.50 percent [+]


Sri Lanka Interest Rate

In Sri Lanka, interest rates decisions are taken by The Central Bank of Sri Lanka. The official interest rates are the Standing Deposit Facility (SDF) Rate and the Standing Lending Facility (SDFR) Rate. This page provides - Sri Lanka Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Interest Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
8.00 8.00 10.50 6.00 2003 - 2019 percent Daily




Country Last Previous
Argentina 63.74 Mar/19
Turkey 24.00 Mar/19
Mexico 8.25 Feb/19
Russia 7.75 Feb/19
South Africa 6.75 Feb/19
Brazil 6.50 Feb/19
India 6.25 Feb/19
Indonesia 6.00 Feb/19
China 4.35 Feb/19
Saudi Arabia 3.00 Feb/19
United States 2.50 Feb/19
Canada 1.75 Mar/19
South Korea 1.75 Feb/19
Singapore 1.66 Feb/19
Australia 1.50 Mar/19
United Kingdom 0.75 Feb/19
Euro Area 0.00 Mar/19
France 0.00 Mar/19
Germany 0.00 Mar/19
Italy 0.00 Mar/19
Netherlands 0.00 Mar/19
Spain 0.00 Mar/19
Japan -0.10 Mar/19
Switzerland -0.75 Feb/19


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