Deposit interest rate in Brazil
Brazil: Deposit interest rate was 7.7% in 2024. ◆ Volatile
Deposit interest rate in Brazil, 1982–2024
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 153 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit interest rate in Brazil, year by year
| Year | % | Change |
|---|---|---|
| 1982 | 155.6% | — |
| 1983 | 154.0% | -1.0% |
| 1984 | 266.7% | +73.2% |
| 1985 | 294.4% | +10.4% |
| 1986 | 109.1% | -62.9% |
| 1987 | 399.7% | +266.3% |
| 1988 | 856.5% | +114.3% |
| 1989 | 5,845.0% | +582.4% |
| 1990 | 9,394.3% | +60.7% |
| 1991 | 913.5% | -90.3% |
| 1992 | 1,560.2% | +70.8% |
| 1993 | 3,293.5% | +111.1% |
| 1994 | 5,175.2% | +57.1% |
| 1995 | 52.2% | -99.0% |
| 1996 | 26.4% | -49.4% |
| 1997 | 24.4% | -7.9% |
| 1998 | 28.0% | +15.0% |
| 1999 | 26.0% | -7.1% |
| 2000 | 17.2% | -33.9% |
| 2001 | 17.9% | +3.8% |
| 2002 | 19.1% | +7.2% |
| 2003 | 22.0% | +14.8% |
| 2004 | 15.4% | -29.8% |
| 2005 | 17.6% | +14.4% |
| 2006 | 13.9% | -21.0% |
| 2007 | 10.6% | -24.1% |
| 2008 | 11.7% | +10.2% |
| 2009 | 9.3% | -20.4% |
| 2010 | 8.9% | -4.4% |
| 2011 | 11.0% | +23.9% |
| 2012 | 7.9% | -28.1% |
| 2013 | 7.8% | -1.3% |
| 2014 | 10.0% | +28.4% |
| 2015 | 12.6% | +25.9% |
| 2016 | 12.4% | -1.4% |
| 2017 | 8.5% | -31.6% |
| 2018 | 6.9% | -19.3% |
| 2019 | 5.4% | -21.0% |
| 2020 | 2.2% | -59.6% |
| 2021 | 4.3% | +98.0% |
| 2022 | 12.0% | +176.0% |
| 2023 | 12.1% | +1.2% |
| 2024 | 7.7% | -36.5% |
Brazil compared with similar countries
- Brazil's 7.7% is above the median for upper middle income countries, which is 4.1%, 1.9× the median. (53 countries reporting)
- Brazil's 7.7% is above the median for Latin America & Caribbean, which is 3.4%, 2.2× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Deposit interest rate in Brazil changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +582.4% | 856.5% | 5,845.0% |
| 1987 | +266.3% | 109.1% | 399.7% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More financial sector data for Brazil
- Reserve position in the IMF, US dollar, annual growth rate 11.88 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 18.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 6.54 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 13.87 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 11.88 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 18.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 6.54 % change on previous year (2025)
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 153 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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About this data
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.