Real interest rate | Paraguay

The Real interest year-end rate of Paraguay in 2024 was 6.00%. The end-2023 rate was  6.75%. It has been falling in this country for already 2 years in a row. The lowest real interest rate in Paraguay was recorded in 2020, with a value of  0.75%. The highest rate was in 2022, when it achieved 8.50%. Real Interest Rate ≈ Nominal Interest Rate - Inflation Rate. If the nominal interest rate on a loan is 9%, and inflation is 6%, the real interest rate is 3%. This means the lender effectively gains 3% in purchasing power, while the borrower pays 3% in real terms.