Myanmar Interest Rate

The benchmark interest rate in Myanmar was last recorded at 10 percent. Interest Rate in Myanmar is reported by the Central Bank of Myanmar. Interest Rate in Myanmar averaged 10.14 Percent from 2011 until 2014, reaching an all time high of 12 Percent in December of 2011 and a record low of 10 Percent in January of 2012. In Myanmar, the benchmark interest rate is set by the Central Bank of Myanmar. The benchmark interest is the Central Bank Rate. This page provides - Myanmar Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
10.00 10.00 12.00 10.00 10.00 | 2014/01 2011 - 2014 Percent Monthly

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Myanmar Interest Rate
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 10.00 2014-03-31 10.00 12.00 10.00 10.00 2014-01-31 Percent [+]
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Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Myanmar Exports at 680.40 USD Million  
Exports in Myanmar decreased to 680.40 USD Million in January of 2014 from 1757.60 USD Million in December of 2013. Exports in Myanmar is reported by the Central Statistics Organization, Myanmar.
Myanmar Balance of Trade at -816.60 USD Million  
Myanmar recorded a trade deficit of 816.60 USD Million in January of 2014. Balance of Trade in Myanmar is reported by the Central Statistics Organization, Myanmar.
Myanmar Imports at 1497.00 USD Million  
Imports in Myanmar increased to 1497 USD Million in January of 2014 from 1351 USD Million in December of 2013. Imports in Myanmar is reported by the Central Statistics Organization, Myanmar.
Myanmar Inflation Rate at 4.90 Percent  
The inflation rate in Myanmar was recorded at 4.90 percent in January of 2014. Inflation Rate in Myanmar is reported by the Central Statistics Organization, Myanmar.
Myanmar Interest Rate at 10.00 Percent  
The benchmark interest rate in Myanmar was last recorded at 10 percent. Interest Rate in Myanmar is reported by the Central Bank of Myanmar.
Myanmar Personal Income Tax Rate at 20.00 percent  
The Personal Income Tax Rate in Myanmar stands at 20 percent. Personal Income Tax Rate in Myanmar is reported by the Internal Revenue Department.
Myanmar Sales Tax Rate | VAT at 30.00 Percent  
The Sales Tax Rate in Myanmar stands at 30 percent. Sales Tax Rate in Myanmar is reported by the Internal Revenue Department.
Myanmar Government Debt To GDP at 53.53 Percent  
Myanmar recorded a Government Debt to GDP of 53.53 percent of the countrys Gross Domestic Product in 2011. Government Debt To GDP in Myanmar is reported by the Central Statistics Organization, Myanmar.
Myanmar Current Account at -1249.00 USD Million  
Myanmar recorded a Current Account deficit of 1249 USD Million in 2012. Current Account in Myanmar is reported by the Ministry of National Planning and Economic Development, Myanmar.
Myanmar Tourist Arrivals at 206567.00  
Tourist Arrivals in Myanmar increased to 206567 in November of 2013 from 174885 in October of 2013. Tourist Arrivals in Myanmar is reported by the Ministry of National Planning and Economic Development, Myanmar.
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