Business credit interest rate, percent
| Latest value
||Central Bank of Brazil
For that indicator, we provide data for Brazil from March 2011 to June 2023. The average value for Brazil during that period was 17.19 percent with a minimum of 9.94 percent in September 2020 and a maximum of 22.74 percent in February 2016.
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around the world.
Longer historical series
* indicates monthly or quarterly data series
Source: Central Bank of Brazil
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.