Interest rate on bank loans fell 7.59% to 12.5% in Paraguay in 2021, according to the National Central Bank.
Historically, interest rate on bank loans in Paraguay reached an all time high of 57.8% in 2003 and an all time low of 12.5% in 2021.
Paraguay has been ranked 24th within the group of 94 countries we follow in terms of interest rate on bank loans, 4 places below the position seen 10 years ago.
| Interest Rate on Bank Loans (Local Currency) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Argentina | % | 24.9% | 31.2% | 26.6% | 48.5% | 67.3% | ||||||||||||||||
| Bolivia | % | 8.07% | 7.95% | 8.11% | 8.04% | 8.40% | ||||||||||||||||
| Brazil | % | 44.0% | 52.1% | 46.9% | 39.1% | 37.5% | ||||||||||||||||
| Chile | % | 5.51% | 5.59% | 4.55% | 4.18% | ... | ... | ... | ||||||||||||||
| Paraguay | % | 19.7% | 18.1% | 17.0% | 15.7% | 15.5% | ||||||||||||||||
| Peru | % | 16.1% | 16.5% | 16.8% | 14.5% | 14.4% | ||||||||||||||||
| Uruguay | % | 15.8% | 16.2% | 13.8% | 12.2% | 11.6% | ||||||||||||||||
| Venezuela | % | 19.4% | 20.8% | 21.1% | ... | ... | ... | ... |
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