Interest rate spread in Paraguay
Paraguay: Interest rate spread was 9.1% in 2021. ▼ Falling
Interest rate spread in Paraguay, 1994–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
The most recent figure for interest rate spread in Paraguay is 9.1%, measured in 2021. That is the lowest value across all 28 years on record.
Compared with earlier readings it is down 10.7% on the previous year and down 32.1% over ten years.
Over the whole period, interest rate spread in Paraguay peaked at 41.9% in 2003 and was at its lowest, 9.1%, in 2021.
Paraguay ranks 23rd of 141 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Interest rate spread in Paraguay, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1994 | 22.8% | — |
| 1995 | 22.6% | -1.0% |
| 1996 | 23.4% | +3.4% |
| 1997 | 21.9% | -6.3% |
| 1998 | 19.0% | -13.1% |
| 1999 | 15.2% | -20.4% |
| 2000 | 15.2% | +0.4% |
| 2001 | 16.4% | +7.9% |
| 2002 | 21.8% | +32.8% |
| 2003 | 41.9% | +92.3% |
| 2004 | 33.7% | -19.7% |
| 2005 | 32.9% | -2.2% |
| 2006 | 28.1% | -14.6% |
| 2007 | 23.9% | -14.9% |
| 2008 | 26.7% | +11.8% |
| 2009 | 31.2% | +16.6% |
| 2010 | 28.9% | -7.4% |
| 2011 | 13.4% | -53.7% |
| 2012 | 13.2% | -1.0% |
| 2013 | 15.0% | +13.5% |
| 2014 | 16.9% | +12.3% |
| 2015 | 16.2% | -3.9% |
| 2016 | 14.3% | -11.7% |
| 2017 | 13.4% | -6.5% |
| 2018 | 12.2% | -8.6% |
| 2019 | 12.0% | -1.6% |
| 2020 | 10.2% | -15.6% |
| 2021 | 9.1% | -10.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.8% | 15.2% | 23.4% | 6 |
| 2000s | 27.2% | 15.2% | 41.9% | 10 |
| 2010s | 15.6% | 12.0% | 28.9% | 10 |
| 2020s | 9.6% | 9.1% | 10.2% | 2 |
Countries ranked near Paraguay
More financial sector data for Paraguay
- Net domestic credit (current LCU), per capita 28.15 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 4,007 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.05 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 9.22 million SDR (2024)
- Gold reserves at market value 527.02 million SDR (2024)
- Reserves excluding gold, foreign exchange 6.66 billion SDR (2024)
- Reserves excluding gold 6.81 billion SDR (2024)
- Total reserves (gold at market value) 7.34 billion SDR (2024)
- Total reserves (gold at national valuation) 7.34 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 1,059 SDR per person (2024)
Frequently asked questions
- What is interest rate spread in Paraguay?
- Interest rate spread in Paraguay was 9.1% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Paraguay?
- The highest recorded value was 41.9% in 2003.
- What is the lowest interest rate spread recorded in Paraguay?
- The lowest recorded value was 9.1% in 2021.
- How does Paraguay rank for interest rate spread?
- Paraguay ranks 23rd out of 141 countries with data for 2021.
- Is interest rate spread rising or falling in Paraguay?
- Over the last ten years it is down 32.1%. The long-run trend across the full record is falling.
- Where does this Paraguay data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.