Paraguay Lending Rate
Lending interest rate FR.INR.LEND
Paraguay's lending rate was 12.51% in 2021, ranked 84th globally. This represents a 7.6% decrease from 2020. Data from World Bank, covering 1994–2021.
Overview
Paraguay's lending rate stood at 12.51% in 2021, a decline of +1.03pp from 2020. Paraguay ranked 84th globally.
Paraguay's lending rate has exhibited significant fluctuations over the past 28 years, with the all-time peak of 57.77% occurring in 2003, and the all-time trough of 12.51% in 2021, when it also ranked globally as the 84th highest. This substantial decline from 2003 reflects the country's efforts to stabilize its economy, particularly in the aftermath of the 1990s and early 2000s economic crises. In comparison, Guatemala, a peer country, has also seen a decrease in its lending rate, currently ranking at 12.19%. The lending rate in Paraguay has shown a notable decrease from its 1994 value of 40.99%, indicating a positive trend in the country's economic management. However, a potential rise in inflation or a decline in investor confidence could potentially alter this trajectory, leading to an increase in lending rates in Paraguay, and thus impacting the country's economic growth prospects.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2021 | 12.51% | −1.03pp | #84 |
| 2020 | 13.54% | −1.95pp | #85 |
| 2019 | 15.48% | −0.23pp | #94 |
| 2018 | 15.72% | −1.26pp | #96 |
| 2017 | 16.98% | −1.09pp | #114 |
| 2016 | 18.07% | −1.66pp | #120 |
| 2015 | 19.74% | −1.45pp | #124 |
| 2014 | 21.19% | +1.92pp | #130 |
| 2013 | 19.27% | +2.11pp | #129 |
| 2012 | 17.16% | −0.24pp | #116 |
| 2011 | 17.40% | −12.69pp | #114 |
| 2010 | 30.09% | −2.57pp | #132 |
| 2009 | 32.66% | +2.83pp | #131 |
| 2008 | 29.83% | +0.90pp | #130 |
| 2007 | 28.92% | −5.91pp | #129 |
Detected Pattern
Analysis
Paraguay matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Paraguay's lending rate was 12.51% in 2021. Ranked 84th globally. This represents a 7.6% decrease from the previous year.
Paraguay's lending rate peaked at 57.77% in 2003.
The lowest lending rate in Paraguay was 12.51% in 2021.
Paraguay ranks 84th globally in lending rate as of 2021.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
The lending rate of Paraguay in 2021 was 12.51%. This ranks 84th in the world.
Cite this page
@misc{historysaid_paraguay_lending-rate,
title = {Paraguay Lending Rate},
url = {https://historysaid.com/paraguay/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}