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
- Measure: percent
- Source: Central Bank of Brazil
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 |