Brazil: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 3.09 percent as of December 2023, a decline compared to the previous value of 6.24 percent. Historically, the average for Brazil from January 2000 to December 2023 is 11.63 percent. The minimum of 3.09 percent was recorded in December 2023, while the maximum of 24.78 percent was reached in March 2003.
Click on the following link to see the values of: Deposit 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: Bank deposit interest rate, percent |
|---|---|
| 2023 Dec | 3.09 |
| 2023 Nov | 6.24 |
| 2023 Oct | 10.26 |
| 2023 Sep | 11.29 |
| 2023 Aug | 11.28 |
| 2023 Jul | 11.28 |
| 2023 Jun | 12 |
| 2023 May | 12.09 |
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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 4.6 | 2023 | percent |
| Exchange rate regimes | 7 | 2021 | index points |
| USD exchange rate | 4.9458 | 9/2023 | Local Currency Units per USD |
| Money supply (broad money) | 5,643.66 | 9/2023 | billion |
| Consumer Price Index (CPI) | 6,700.6600 | 9/2023 | index points |
| Inflation, monthly | 0.26 | 9/2023 | percent |
| Inflation, annual | 5.19 | 9/2023 | percent |
| Private sector credit | 5,614.67 | 9/2023 | billion |
| Business credit | 2,198.73 | 9/2023 | billion |
| Household credit | 3,415.94 | 9/2023 | billion |
| Deposit interest rate | 11.29 | 9/2023 | percent |
| Business credit interest rate | 19.67 | 9/2023 | percent |
| Mortgage credit interest rate | 10.20 | 9/2023 | percent |
| Policy rate | 12.75 | 9/2023 | percent |
| Household debt to GDP | 34.40 | 9/2023 | percent |
| Debt service ratios for private non-financial sector | 25.70 | Q3/2023 | percent |