Lending interest rate | Uruguay

The average lending rate in Uruguay in 2024 was 9.91%. In 2023, the value was amounted to  11.90%. This is the first year of decline after a period of growth. Since 1976, for the whole period of statistics, this indicator has decreased in 6.03 times. The lowest credit rate meets the short- and medium-term financing needs of the private sector in Uruguay was recorded in 2021, with a value of 7.45%. The highest value was in end-1990, when it reached 169.08%.