Risk premium on lending in Brazil
Brazil: Risk premium on lending was 30.8% in 2025. ▼ Falling
Risk premium on lending in Brazil, 1997–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus treasury bill rate, %.
Analysis
In 2025, risk premium on lending in Brazil stood at 30.8%.
That represents a change of up 5.9% on the previous year and up 3.2% over ten years.
Over the whole period, risk premium on lending in Brazil peaked at 57.8% in 1998 and was at its lowest, 18.4%, in 2013.
Brazil ranks 2nd of 86 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 29 years of available data.
Risk premium on lending in Brazil, year by year
| Year | lending rate minus treasury bill rate, % | Change |
|---|---|---|
| 1997 | 53.4% | — |
| 1998 | 57.8% | +8.2% |
| 1999 | 54.1% | -6.5% |
| 2000 | 38.3% | -29.1% |
| 2001 | 37.6% | -2.0% |
| 2002 | 43.4% | +15.7% |
| 2003 | 45.0% | +3.5% |
| 2004 | 37.8% | -16.0% |
| 2005 | 36.6% | -3.1% |
| 2006 | 36.4% | -0.5% |
| 2007 | 32.2% | -11.6% |
| 2008 | 33.6% | +4.2% |
| 2009 | 34.9% | +4.1% |
| 2010 | 29.1% | -16.8% |
| 2011 | 32.2% | +10.9% |
| 2012 | 28.6% | -11.3% |
| 2013 | 18.4% | -35.6% |
| 2014 | 20.5% | +11.2% |
| 2015 | 29.8% | +45.6% |
| 2016 | 38.6% | +29.7% |
| 2017 | 37.9% | -2.0% |
| 2018 | 31.8% | -16.1% |
| 2019 | 31.3% | -1.5% |
| 2020 | 26.3% | -16.0% |
| 2021 | 22.9% | -12.9% |
| 2022 | 26.1% | +14.1% |
| 2023 | 31.5% | +20.5% |
| 2024 | 29.0% | -7.7% |
| 2025 | 30.8% | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 55.1% | 53.4% | 57.8% | 3 |
| 2000s | 37.6% | 32.2% | 45.0% | 10 |
| 2010s | 29.8% | 18.4% | 38.6% | 10 |
| 2020s | 27.8% | 22.9% | 31.5% | 6 |
Countries ranked near Brazil
- 1 Madagascar 48.7% compare
- 3 Tajikistan 28.7% compare
- 4 Malawi 21.2% compare
- 5 Sierra Leone 19.5% 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 risk premium on lending in Brazil?
- Risk premium on lending in Brazil was 30.8% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest risk premium on lending recorded in Brazil?
- The highest recorded value was 57.8% in 1998.
- What is the lowest risk premium on lending recorded in Brazil?
- The lowest recorded value was 18.4% in 2013.
- How does Brazil rank for risk premium on lending?
- Brazil ranks 2nd out of 86 countries with data for 2025.
- Is risk premium on lending rising or falling in Brazil?
- Over the last ten years it is up 3.2%. 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 Risk premium on lending (lending rate minus treasury bill rate, %). Statizoid updates them automatically from the source API.
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About this data
Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.