Paraguay Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Paraguay's interest rate spread was 9.09% in 2021, ranked 85th globally. This represents a 10.7% decrease from 2020. Data from World Bank, covering 1994–2021.
Overview
Paraguay's interest rate spread stood at 9.09% in 2021, a decline of +1.08pp from 2020. Paraguay ranked 85th globally.
Paraguay's interest rate spread has fluctuated significantly over the past 28 years, with the all-time peak of 41.94% occurring in 2003. This marked a period of economic instability, which was characteristic of the country's tumultuous financial landscape during the early 2000s. Conversely, the all-time trough of 9.09% in 2021 represents a notable improvement in Paraguay's financial conditions, aligning with the global trend of decreasing interest rate spreads. Currently, Paraguay ranks 85th globally in terms of interest rate spread, narrowly surpassing peer countries such as Jamaica, which boasts a spread of 8.91%. The country's interest rate spread has decreased substantially since its peak, and this downward trend is expected to continue as long as economic stability and sound financial management are maintained. However, any significant economic downturn or disruption to global financial markets could potentially reverse this trend and lead to increased interest rate spreads in Paraguay.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2021 | 9.09% | −1.08pp | #85 |
| 2020 | 10.17% | −1.88pp | #89 |
| 2019 | 12.05% | −0.19pp | #97 |
| 2018 | 12.24% | −1.15pp | #101 |
| 2017 | 13.39% | −0.93pp | #117 |
| 2016 | 14.32% | −1.90pp | #118 |
| 2015 | 16.22% | −0.66pp | #121 |
| 2014 | 16.88% | +1.85pp | #123 |
| 2013 | 15.03% | +1.79pp | #125 |
| 2012 | 13.24% | −0.13pp | #115 |
| 2011 | 13.37% | −15.50pp | #114 |
| 2010 | 28.88% | −2.32pp | #122 |
| 2009 | 31.20% | +4.45pp | #120 |
| 2008 | 26.75% | +2.83pp | #120 |
| 2007 | 23.92% | −4.20pp | #120 |
Detected Pattern
Analysis
Paraguay matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Paraguay's interest rate spread was 9.09% in 2021. Ranked 85th globally. This represents a 10.7% decrease from the previous year.
Paraguay's interest rate spread peaked at 41.94% in 2003.
The lowest interest rate spread in Paraguay was 9.09% in 2021.
Paraguay ranks 85th globally in interest rate spread as of 2021.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
The interest rate spread of Paraguay in 2021 was 9.09%. This ranks 85th in the world.
Cite this page
@misc{historysaid_paraguay_interest-rate-spread,
title = {Paraguay Interest Rate Spread},
url = {https://historysaid.com/paraguay/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}