Brazil vs Sub-Saharan Africa: Interest rate spread
Brazil
32.5%
in 2024
Sub-Saharan Africa
8.1%
in 2020
Brazil rank
3rd
Sub-Saharan Africa rank
6th
Interest rate spread over time
- Brazil
- Sub-Saharan Africa
How they compare
Brazil currently reports 32.5% against 8.1% in Sub-Saharan Africa, a difference of 24.4%.
That makes Brazil's figure about 4.0 times Sub-Saharan Africa's.
Across all 17 years both countries report, Brazil has been ahead every year.
Brazil ranks 3rd and Sub-Saharan Africa ranks 6th of 141 countries.
Brazil has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Brazil | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 36.4% | 7.9% | 28.5% | Brazil |
| 2010s | 30.8% | 7.8% | 23.0% | Brazil |
| 2020s | 26.8% | 8.1% | 18.7% | Brazil |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Brazil or Sub-Saharan Africa?
- Brazil, at 32.5% against 8.1% in Sub-Saharan Africa as of 2024.
- What is the difference in interest rate spread between Brazil and Sub-Saharan Africa?
- 24.4%, with Brazil ahead.
- How many years of comparable data are there for Brazil and Sub-Saharan Africa?
- 17 years are reported by both, from 2001 to 2020.
- How do Brazil and Sub-Saharan Africa rank globally for interest rate spread?
- Brazil ranks 3rd and Sub-Saharan Africa ranks 6th of 141 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Interest rate spread (lending rate minus deposit rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.