Deposit Interest Rate in Sri Lanka decreased to 4.50 percent in July from 5.50 percent in June of 2020.

Deposit Interest Rate in Sri Lanka averaged 9.19 percent from 1980 until 2020, reaching an all time high of 20 percent in January of 2001 and a record low of 4.50 percent in July of 2020. This page includes a chart with historical data for Deposit Interest Rate in Sri Lanka. Deposit Interest Rate in Sri Lanka - values, historical data and charts - was last updated on August of 2020. source: Central Bank of Sri Lanka

Deposit Interest Rate in Sri Lanka is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Sri Lanka to stand at 7.00 in 12 months time. In the long-term, the Deposit Interest Rate in Sri Lanka is projected to trend around 7.00 percent in 2021 and 6.50 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Sri Lanka

Actual Previous Highest Lowest Dates Unit Frequency
4.50 5.50 20.00 4.50 1980 - 2020 percent Monthly

Sri Lanka Money Last Previous Highest Lowest Unit
Interest Rate 4.50 5.50 10.50 4.50 percent [+]
Interbank Rate 6.96 6.96 27.58 0.13 percent [+]
Money Supply M0 805190.00 683737.00 805190.00 602.00 LKR Million [+]
Money Supply M1 991778.00 992502.00 992502.00 6091.00 LKR Million [+]
Money Supply M2 7523814.00 7466098.00 7523814.00 11297.00 LKR Million [+]
Foreign Exchange Reserves 1210834.00 1389747.00 1566323.60 437.10 LKR Million [+]
Banks Balance Sheet 10254910.00 10007569.70 10254910.00 335513.60 LKR Million [+]
Deposit Interest Rate 4.50 5.50 20.00 4.50 percent [+]
Lending Rate 5.50 6.50 23.00 5.50 percent [+]
Cash Reserve Ratio 2.00 2.00 11.00 2.00 percent [+]
Central Bank Balance Sheet 2062164.90 1997215.80 2140525.40 297382.00 LKR Million [+]


Deposit Interest Rate in Sri Lanka
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.