The value of loans in Brazil rose 1.6 percent to BRL 4,017.7 million in December of 2020, slowing from an upwardly revised 2.1 percent gain in the previous month. Lending to companies advanced 1.7 percent to BRL 1,779.2 million (vs 1.9 percent in November) and lending to households went up at a softer 1.4 percent to BRL 2,238.4 million (vs 2.2 percent in November). Year-on-year, bank loans rose 15.5 percent, little changed from a 15.6 percent jump in the previous month. source: Banco Central do Brasil
Loan Growth in Brazil averaged 1.02 percent from 2007 until 2020, reaching an all time high of 3.70 percent in September of 2008 and a record low of -1 percent in January of 2017. This page provides the latest reported value for - Brazil Loan Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Loan Growth - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Loan Growth in Brazil is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in Brazil to stand at 0.30 in 12 months time. In the long-term, the Brazil Loan Growth is projected to trend around 0.70 percent in 2022, according to our econometric models.