Interest Spread rose to 9.69% in Argentina in 2017

Interest Spread (%)
Banking | Argentina | May 17, 2019
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Excel Sheet

Interest spread, which is the difference between interest rate on loans and deposits reached 9.69 % in 2017 in Argentina, according to the National Central Bank. This is 39.0 % more than in the previous year.

Historically, interest spread, which is the difference between interest rate on loans and deposits in Argentina reached an all time high of 12.4 % in 2002 and an all time low of 1.39 % in 2010. When compared to Argentina's main peers, interest spread, which is the difference between interest rate on loans and deposits in Bolivia amounted to 5.64 %, 1.61 % in Chile, 14.1 % in Paraguay and 8.77 % in Uruguay in 2017.

Argentina has been ranked 19th within the group of 103 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits, 98 places above the position seen 10 years ago.

Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial banks for demand, time, or savings deposits.

Interest Spread (Difference Between Interest Rate on Loans and Deposits) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Argentina % 3.41% 2.04% 4.85% 4.25% 3.75%
Bolivia % 9.51% 9.51% 9.31% 6.74% 6.66%
Brazil % 32.9% 28.7% 19.6% 22.0% 31.3%
Chile % 3.74% 4.27% 4.09% 4.18% 1.91%
Paraguay % 13.4% 13.2% 15.0% 16.9% 16.2%
Peru % 16.3% 16.8% 15.8% 13.4% 13.8% ...
Uruguay % 5.23% 6.75% 7.79% 10.6% 10.2%