Brazil: Real interest rate

* indicates monthly or quarterly data series

Real interest rate: Bank lending rate minus inflation

 Latest value 23.13
 Reference 2020
 Measure percent
 Source The International Monetary Fund

For that indicator, we provide data for Brazil from 1997 to 2020. The average value for Brazil during that period was 40.32 percent with a minimum of 18.5 percent in 2013 and a maximum of 77.62 percent in 1998. The latest value from 2020 is 23.13 percent. For comparison, the world average in 2020 based on 95 countries is 8.14 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

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Definition: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.
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