Short-term interest rate measured by 3-month interbank interest rate reached 2.69% in 2022 in Brazil, according to the National Statistical Office. This is 34.4% more than in the previous year.
Historically, short-term interest rate measured by 3-month interbank interest rate in Brazil reached an all time high of 23.1% in 2003 and an all time low of 2.00% in 2021.
Brazil has been ranked 8th within the group of 44 countries we follow in terms of short-term interest rate measured by 3-month interbank interest rate.
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