Low & middle income vs Paraguay: Interest rate spread
Low & middle income
6.1%
in 2022
Paraguay
9.1%
in 2021
Low & middle income rank
20th
Paraguay rank
23rd
Interest rate spread over time
- Low & middle income
- Paraguay
How they compare
Paraguay currently reports 9.1% against 6.1% in Low & middle income, a difference of 3.0%.
That makes Paraguay's figure about 1.5 times Low & middle income's.
Across all 23 years both countries report, Paraguay has been ahead every year.
Low & middle income ranks 20th and Paraguay ranks 23rd of 40 groups.
Paraguay has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Low & middle income | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.9% | 15.2% | 6.2% | Paraguay |
| 2000s | 7.5% | 27.2% | 19.7% | Paraguay |
| 2010s | 6.5% | 15.6% | 9.1% | Paraguay |
| 2020s | 6.2% | 9.6% | 3.4% | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Low & middle income or Paraguay?
- Paraguay, at 9.1% against 6.1% in Low & middle income as of 2021.
- What is the difference in interest rate spread between Low & middle income and Paraguay?
- 3.0%, with Paraguay ahead.
- How many years of comparable data are there for Low & middle income and Paraguay?
- 23 years are reported by both, from 1999 to 2021.
- How do Low & middle income and Paraguay rank globally for interest rate spread?
- Low & middle income ranks 20th and Paraguay ranks 23rd 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.