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Interest Rate on Bank Loans (Local Currency) in Brazil

Source: World Bank
Last Updated: Feb 16, 2023

Interest rate on bank loans reached 30.0% in 2021 in Brazil, according to the National Central Bank. This is 3.36% more than in the previous year.

Historically, interest rate on bank loans in Brazil reached an all time high of 86.4% in 1998 and an all time low of 27.4% in 2013.

Brazil has been ranked 4th within the group of 94 countries we follow in terms of interest rate on interest rate on bank loans.


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