Lending interest rate | Brazil

The average lending rate in Brazil in 2024 was 40.23%. In 2023, the value was amounted to  43.60%. This is the first year of decline after a period of growth. Since 1997, for the whole period of statistics, this indicator has decreased in 1.94 times. The lowest credit rate meets the short- and medium-term financing needs of the private sector in Brazil was recorded in 2013, with a value of 27.39%. The highest value was in end-1998, when it reached 86.36%.