Interest Rate on Bank Deposits (Local Currency) in Brazil

Interest rate on bank deposits reached 4.35% in 2021 in Brazil, according to the National Central Bank. This is 98.0% more than in the previous year.

Historically, interest rate on bank deposits in Brazil reached an all time high of 9,394% in 1990 and an all time low of 2.20% in 2020.

Brazil has been ranked 28th within the group of 96 countries we follow in terms of interest rate on bank deposits.