Brazil Lending Rate
Lending interest rate FR.INR.LEND
Brazil's lending rate was 47.24% in 2025, ranked 4th globally. This represents a 17.4% increase from 2024. Data from World Bank, covering 1997–2025.
Overview
Brazil's lending rate stood at 47.24% in 2025, a rise of +7.02pp from 2024. Based on recent trends, this figure is projected to reach 47.24% by 2025. Brazil ranked 4th globally.
Brazil’s lending rate has fallen sharply from an all‑time peak of 86.36 % in 1998 to a trough of 27.39 % in 2013, before climbing again to 47.24 % in 2025, ranking fourth globally. The 29‑year series shows a volatile trajectory driven by macro‑policy shifts, inflation pressures and credit market reforms that intensified after the early 2000s. Compared with regional peers, Brazil’s rate remains higher than Malawi’s 39.42 % and Egypt’s 24.94 % but well below Argentina’s 92.48 % and Madagascar’s 53.37 %. The recent rise reflects tighter monetary conditions and fiscal constraints, while the long‑term decline after the 1998 peak illustrates the impact of structural adjustments and the adoption of inflation targeting. If inflation moderates and fiscal consolidation proceeds, the upward pressure on lending rates may ease, allowing Brazil to resume the downward trend observed after the 2013 trough.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 54.43% | - | - |
| 2026* trend | 50.84% | - | - |
| 2025* trend | 47.24% | - | - |
| 2025 | 47.24% | +7.02pp | #4 |
| 2024 | 40.23% | −3.38pp | #77 |
| 2023 | 43.60% | +4.20pp | #88 |
| 2022 | 39.40% | +9.38pp | #94 |
| 2021 | 30.02% | +0.98pp | #106 |
| 2020 | 29.04% | −8.43pp | #109 |
| 2019 | 37.48% | −1.61pp | #115 |
| 2018 | 39.08% | −7.83pp | #118 |
| 2017 | 46.92% | −5.18pp | #131 |
| 2016 | 52.10% | +8.14pp | #132 |
| 2015 | 43.96% | +11.95pp | #132 |
| 2014 | 32.01% | +4.62pp | #136 |
| 2013 | 27.39% | −9.25pp | #138 |
| 2012 | 36.64% | −7.25pp | #136 |
| 2011 | 43.88% | +3.89pp | #133 |
Detected Pattern
Analysis
Brazil matched the Stagflation Risk pattern in 2016. Historically, 38% of countries showing this pattern (117 out of 307) saw lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Brazil's lending rate was 47.24% in 2025. Ranked 4th globally. This represents a 17.4% increase from the previous year.
Brazil's lending rate peaked at 86.36% in 1998.
The lowest lending rate in Brazil was 27.39% in 2013.
Brazil ranks 4th globally in lending rate as of 2025.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
Brazil's lending rate is projected to reach 47.24% by 2025 based on trend extrapolation.
The lending rate of Brazil in 2025 was 47.24%. This ranks 4th in the world.
Cite this page
@misc{historysaid_brazil_lending-rate,
title = {Brazil Lending Rate},
url = {https://historysaid.com/brazil/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}