Deposit interest rate (%) in Paraguay
Paraguay: Deposit interest rate (%) was 3.4% in 2021. ◆ Volatile
Deposit interest rate in Paraguay, 1989–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit interest rate in Paraguay is 3.4%, measured in 2021.
That represents a change of up 1.7% on the previous year and down 14.9% over ten years.
Over the whole period, deposit interest rate in Paraguay peaked at 22.9% in 2002 and was at its lowest, 1.2%, in 2010.
Paraguay ranks 80th of 153 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit interest rate (%) in Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 1989 | 17.3% | — |
| 1990 | 18.0% | +4.2% |
| 1991 | 17.7% | -1.7% |
| 1992 | 15.8% | -10.6% |
| 1993 | 17.4% | +9.7% |
| 1994 | 18.2% | +4.6% |
| 1995 | 16.6% | -8.5% |
| 1996 | 13.5% | -18.9% |
| 1997 | 10.2% | -24.2% |
| 1998 | 16.2% | +58.6% |
| 1999 | 19.7% | +21.9% |
| 2000 | 15.7% | -20.4% |
| 2001 | 16.2% | +3.2% |
| 2002 | 22.9% | +40.9% |
| 2003 | 15.8% | -30.8% |
| 2004 | 5.1% | -67.7% |
| 2005 | 1.7% | -67.5% |
| 2006 | 6.7% | +304.4% |
| 2007 | 5.0% | -25.6% |
| 2008 | 3.1% | -38.5% |
| 2009 | 1.5% | -52.7% |
| 2010 | 1.2% | -16.7% |
| 2011 | 4.0% | +232.0% |
| 2012 | 3.9% | -2.7% |
| 2013 | 4.2% | +8.3% |
| 2014 | 4.3% | +1.6% |
| 2015 | 3.5% | -18.4% |
| 2016 | 3.8% | +6.9% |
| 2017 | 3.6% | -4.3% |
| 2018 | 3.5% | -3.1% |
| 2019 | 3.4% | -1.2% |
| 2020 | 3.4% | -2.1% |
| 2021 | 3.4% | +1.7% |
Paraguay compared with similar countries
- Paraguay's 3.4% is below the median for upper middle income countries, which is 4.1%, 84% of the median. (53 countries reporting)
- Paraguay's 3.4% is below the median for Latin America & Caribbean, which is 3.4%, 100% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Deposit interest rate (%) in Paraguay 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 |
|---|---|---|---|
| 2006 | +304.4% | 1.7% | 6.7% |
| 2011 | +232.0% | 1.2% | 4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.3% | 17.3% | 17.3% | 1 |
| 1990s | 16.3% | 10.2% | 19.7% | 10 |
| 2000s | 9.4% | 1.5% | 22.9% | 10 |
| 2010s | 3.5% | 1.2% | 4.3% | 10 |
| 2020s | 3.4% | 3.4% | 3.4% | 2 |
Countries ranked near Paraguay
More financial sector data for Paraguay
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 9.15 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 6.68 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 9.15 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is deposit interest rate in Paraguay?
- Deposit interest rate in Paraguay was 3.4% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Paraguay?
- The highest recorded value was 22.9% in 2002.
- What is the lowest deposit interest rate recorded in Paraguay?
- The lowest recorded value was 1.2% in 2010.
- How does Paraguay rank for deposit interest rate?
- Paraguay ranks 80th out of 153 countries with data for 2021.
- Is deposit interest rate rising or falling in Paraguay?
- Over the last ten years it is down 14.9%. The long-run trend across the full record is volatile.
- Where does this Paraguay 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.