Deposit interest rate in Brazil

Brazil: Deposit interest rate was 7.7% in 2024. ◆ Volatile

Latest (2024)
7.7%
Change on year
down 36.5%
World rank
29th
of 152 countries
All-time high
9,394.3%
in 1990
All-time low
2.2%
in 2020
Years of data
43
1982–2024

Deposit interest rate in Brazil, 1982–2024

02.0k4.0k6.0k8.0k10.0k1982200320241982: 155.6 %1983: 154 %1984: 266.7 %1985: 294.4 %1986: 109.1 %1987: 399.7 %1988: 856.5 %1989: 5.8k %1990: 9.4k %1991: 913.5 %1992: 1.6k %1993: 3.3k %1994: 5.2k %1995: 52.2 %1996: 26.4 %1997: 24.4 %1998: 28 %1999: 26 %2000: 17.2 %2001: 17.9 %2002: 19.1 %2003: 22 %2004: 15.4 %2005: 17.6 %2006: 13.9 %2007: 10.6 %2008: 11.7 %2009: 9.3 %2010: 8.9 %2011: 11 %2012: 7.9 %2013: 7.8 %2014: 10 %2015: 12.6 %2016: 12.4 %2017: 8.5 %2018: 6.9 %2019: 5.4 %2020: 2.2 %2021: 4.3 %2022: 12 %2023: 12.1 %2024: 7.7 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for deposit interest rate in Brazil is 7.7%, measured in 2024.

That represents a change of down 36.5% on the previous year and down 23.1% over ten years.

Over the whole period, deposit interest rate in Brazil peaked at 9,394.3% in 1990 and was at its lowest, 2.2%, in 2020.

Brazil ranks 29th of 152 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 1,010.1% 109.1% 5,845.0% 8
1990s 2,049.4% 24.4% 9,394.3% 10
2000s 15.5% 9.3% 22.0% 10
2010s 9.1% 5.4% 12.6% 10
2020s 7.7% 2.2% 12.1% 5

Countries ranked near Brazil

  1. 26 Armenia 8.0% compare
  2. 27 Angola 8.0% compare
  3. 28 Nigeria 7.8% compare
  4. 30 South Africa 7.4% compare
  5. 31 Uruguay 7.3% compare
  6. 32 Sierra Leone 7.0% compare

See the full ranking of 152 places →

More financial sector data for Brazil

All data for Brazil →

Frequently asked questions

What is deposit interest rate in Brazil?
Deposit interest rate in Brazil was 7.7% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest deposit interest rate recorded in Brazil?
The highest recorded value was 9,394.3% in 1990.
What is the lowest deposit interest rate recorded in Brazil?
The lowest recorded value was 2.2% in 2020.
How does Brazil rank for deposit interest rate?
Brazil ranks 29th out of 152 countries with data for 2024.
Is deposit interest rate rising or falling in Brazil?
Over the last ten years it is down 23.1%. The long-run trend across the full record is volatile.
Where does this Brazil data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Deposit interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 4,967 data points, 1960–2025
Last refreshed

Deposit interest rate is the 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. This indicator is expressed as a percentage (a÷b)*100.