Real interest rate in Brazil
Brazil: Real interest rate was 37.5% in 2025. ▼ Falling
Real interest rate in Brazil, 1997–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Brazil recorded 37.5% for real interest rate in 2025.
The figure is up 7.9% on the previous year and up 10.7% over ten years.
Over the whole period, real interest rate in Brazil peaked at 77.6% in 1998 and was at its lowest, 15.0%, in 2021.
That places Brazil 3rd out of 149 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently falling across the 29 years of available data.
Real interest rate in Brazil, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 65.4% | — |
| 1998 | 77.6% | +18.7% |
| 1999 | 67.1% | -13.6% |
| 2000 | 48.5% | -27.7% |
| 2001 | 45.6% | -5.9% |
| 2002 | 48.3% | +5.9% |
| 2003 | 46.4% | -3.9% |
| 2004 | 43.8% | -5.7% |
| 2005 | 44.6% | +2.0% |
| 2006 | 41.2% | -7.6% |
| 2007 | 35.0% | -15.1% |
| 2008 | 35.4% | +1.0% |
| 2009 | 34.8% | -1.6% |
| 2010 | 29.1% | -16.3% |
| 2011 | 32.8% | +12.8% |
| 2012 | 26.6% | -19.0% |
| 2013 | 18.5% | -30.4% |
| 2014 | 22.4% | +21.1% |
| 2015 | 33.8% | +51.0% |
| 2016 | 40.7% | +20.3% |
| 2017 | 41.7% | +2.5% |
| 2018 | 33.1% | -20.6% |
| 2019 | 31.9% | -3.6% |
| 2020 | 21.2% | -33.6% |
| 2021 | 15.0% | -29.2% |
| 2022 | 28.4% | +89.2% |
| 2023 | 36.6% | +28.7% |
| 2024 | 34.7% | -5.0% |
| 2025 | 37.5% | +7.9% |
Brazil compared with similar countries
- Brazil's 37.5% is above the median for upper middle income countries, which is 5.2%, 7.3× the median. (49 countries reporting)
- Brazil's 37.5% is above the median for Latin America & Caribbean, which is 4.6%, 8.1× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 70.0% | 65.4% | 77.6% | 3 |
| 2000s | 42.4% | 34.8% | 48.5% | 10 |
| 2010s | 31.1% | 18.5% | 41.7% | 10 |
| 2020s | 28.9% | 15.0% | 37.5% | 6 |
Countries ranked near Brazil
- 1 Iraq 57.6% compare
- 2 Madagascar 47.6% compare
- 4 Tajikistan 19.2% compare
- 5 Mozambique 18.7% compare
- 6 Sierra Leone 18.3% compare
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 real interest rate in Brazil?
- Real interest rate in Brazil was 37.5% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Brazil?
- The highest recorded value was 77.6% in 1998.
- What is the lowest real interest rate recorded in Brazil?
- The lowest recorded value was 15.0% in 2021.
- How does Brazil rank for real interest rate?
- Brazil ranks 3rd out of 149 countries with data for 2025.
- Is real interest rate rising or falling in Brazil?
- Over the last ten years it is up 10.7%. The long-run trend across the full record is falling.
- Where does this Brazil data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.