Sri Lanka - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Sri Lanka was 11.24 as of 2019. Over the past 18 years, the value for this indicator has fluctuated between 18.89 in 2008 and 6.96 in 2015.

Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
2001 14.25
2002 13.17
2003 10.35
2004 9.47
2005 10.76
2006 12.85
2007 17.08
2008 18.89
2009 15.67
2010 10.22
2011 9.41
2012 13.28
2013 12.45
2014 7.84
2015 6.96
2016 10.49
2017 11.57
2018 11.55
2019 11.24

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates