Brazil: Lending interest rate
* indicates monthly or quarterly data series
| Brazil |
Interest rates on bank credit to the private sector |
|---|---|
| Latest value | 30.02 |
| Reference | 2021 |
| Measure | percent |
| Source | The World Bank |
For that indicator, we provide data for Brazil from 1997 to 2021. The average value for Brazil during that period was 49.79 percent with a minimum of 27.39 percent in 2013 and a maximum of 86.36 percent in 1998.
The latest value from 2021 is 30.02 percent. For comparison, the world average in 2021 based on 104
countries is 9.89 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent values
Economic outlook around the world
Longer historical series
The lending interest rate in Brazil shown below is the interest rate on credits from banks to prime borrowers, i.e. to the lowest risk borrowers in the private sector. That includes firms and households.
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.