Brazil: Business credit interest rate

* indicates monthly or quarterly data series
The most recent value is 17.74 percent as of September 2024, a decline compared to the previous value of 18.43 percent. Historically, the average for Brazil from March 2011 to September 2024 is 17.34 percent. The minimum of 9.94 percent was recorded in September 2020, while the maximum of 22.74 percent was reached in February 2016. Click on the following link to see the values of: Business credit interest rate around the world.
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* indicates monthly or quarterly data series

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Recent values Brazil: Business credit interest rate, percent
2024  Sep 17.74
2024  Aug 18.43
2024  Jul 18.4
2024  Jun 18.37
2024  May 18.18
2024  Apr 18.52
2024  Mar 18.88
2024  Feb 18.89


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Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.

 Related indicators Latest Reference Measure
 Inflation 4.6 2023 percent
 Exchange rate regimes 7 2022 index points
 USD exchange rate 5.6212 10/2024 Local Currency Units per USD
 Money supply (broad money) 6,401.83 9/2024 billion
 Consumer Price Index (CPI) 7,036.3300 10/2024 index points
 Inflation, monthly 0.56 10/2024 percent
 Inflation, annual 4.76 10/2024 percent
 Private sector credit 6,179.72 9/2024 billion
 Business credit 2,374.83 9/2024 billion
 Household credit 3,804.89 9/2024 billion
 Deposit interest rate 3.09 12/2023 percent
 Business credit interest rate 17.74 9/2024 percent
 Mortgage credit interest rate 9.46 9/2024 percent
 Policy rate 10.75 10/2024 percent
 Household debt to GDP 35.30 3/2024 percent
 Debt service ratios for private non-financial sector 24.40 Q1/2024 percent
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