Deposit Interest Rate in Brazil decreased to 2.55 percent in April from 3.14 percent in March of 2020.

Deposit Interest Rate in Brazil averaged 763.58 percent from 1980 until 2020, reaching an all time high of 54180.08 percent in February of 1990 and a record low of 2.55 percent in April of 2020. This page includes a chart with historical data for Deposit Interest Rate in Brazil. Deposit Interest Rate in Brazil - values, historical data and charts - was last updated on May of 2020. source: IMF

Deposit Interest Rate in Brazil is expected to be 2.78 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Brazil to stand at 3.28 in 12 months time. In the long-term, the Deposit Interest Rate in Brazil is projected to trend around 3.78 percent in 2021 and 5.53 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Brazil

Actual Previous Highest Lowest Dates Unit Frequency
2.55 3.14 54180.08 2.55 1980 - 2020 percent Monthly

Brazil Money Last Previous Highest Lowest Unit
Interest Rate 3.00 3.75 45.00 3.00 percent [+]
Cash Reserve Ratio 21.00 21.00 100.00 21.00 percent [+]
Money Supply M0 336684.29 307560.25 336684.29 0.00 BRL Million [+]
Money Supply M1 473290.54 455203.22 473290.54 0.00 BRL Million [+]
Money Supply M2 3178116.86 3036684.85 3178116.86 0.01 BRL Million [+]
Money Supply M3 6852587.82 6786076.79 6852587.82 0.01 BRL Million [+]
Foreign Exchange Reserves 339317.00 343165.00 388092.00 1187.00 USD Million [+]
Banks Balance Sheet 6877781.57 6803853.16 6877781.57 4596.15 BRL Million [+]
Loans to Private Sector 556847.00 552295.00 875167.00 169316.00 BRL Million [+]
Deposit Interest Rate 2.55 3.14 54180.08 2.55 percent [+]
Loan Growth 2.90 0.50 3.70 -1.00 percent [+]
Interbank Rate 4.07 4.07 16.05 0.89 percent [+]
Central Bank Balance Sheet 3855260010.00 3676495278.00 3855260010.00 6.40 BRL Thousand [+]


Deposit Interest Rate in Brazil
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.