Caribbean Small States vs Paraguay: Interest rate spread (lending rate minus deposit rate, %)
Caribbean Small States
5.8%
in 2025
Paraguay
9.1%
in 2021
Caribbean Small States rank
26th
Paraguay rank
24th
Interest rate spread (lending rate minus deposit rate, %) over time
- Caribbean Small States
- Paraguay
How they compare
Paraguay currently reports 9.1% against 5.8% in Caribbean Small States, a difference of 3.3%.
That makes Paraguay's figure about 1.6 times Caribbean Small States's.
Across all 28 years both countries report, Paraguay has been ahead every year.
Caribbean Small States ranks 26th and Paraguay ranks 24th of 40 groups.
Paraguay has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Caribbean Small States | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.2% | 20.8% | 13.6% | Paraguay |
| 2000s | 6.9% | 27.2% | 20.3% | Paraguay |
| 2010s | 6.5% | 15.6% | 9.0% | Paraguay |
| 2020s | 5.9% | 9.6% | 3.7% | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Caribbean Small States or Paraguay?
- Paraguay, at 9.1% against 5.8% in Caribbean Small States as of 2021.
- What is the difference in interest rate spread between Caribbean Small States and Paraguay?
- 3.3%, with Paraguay ahead.
- How many years of comparable data are there for Caribbean Small States and Paraguay?
- 28 years are reported by both, from 1994 to 2021.
- How do Caribbean Small States and Paraguay rank globally for interest rate spread?
- Caribbean Small States ranks 26th and Paraguay ranks 24th of 40 groups.
- 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.