Deposit Interest Rates Statistics in Brazil (2026)
Brazil recorded the average deposit interest rate of 7.7% in 2024, World Bank World Development Indicators data show. Down from 12.1% in 2023 to 7.7% in 2024 (−4.4 percentage points). Brazil ranks #6 of 30 economies in Latin America & Caribbean on this measure, and #24 of 113 globally.
Key Statistics
- Latest value (2024)
- 7.7% (2024)
- Deposit Interest Rates in Brazil as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −4.4 pp (2024)
- Down from 12.1% in 2023 to 7.7% in 2024 (−4.4 percentage points).
- Earliest value in this dataset (1990)
- 9394.3% (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 9394.3% in 1990 to 7.7% in 2024.
- Peak value (1990)
- 9394.3% (1990)
- Highest value in the available series; the 2024 value is 7.7%.
- Rank in Latin America & Caribbean
- #6 of 30 (2024)
- Brazil ranks 6 of 30 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #24 of 113 (2024)
- Brazil ranks 24 of 113 countries with data globally.
- Latin America & Caribbean average
- 5.8% (2024)
- Brazil (7.7%) is above the average of 5.8% across the 30 countries in Latin America & Caribbean with data.
- Interest rate spread (lending rate minus deposit rate, %) (2024)
- 32.5% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Brazil (2024)
- 84.5% (2024)
- 84.5% of the population in Brazil used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 212 million (2024)
- Brazil had a population of 212 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | % | Change |
|---|---|---|
| 2024 | 7.7% | −4.4 pp |
| 2023 | 12.1% | +0.1 pp |
| 2022 | 12% | +7.7 pp |
| 2021 | 4.3% | +2.2 pp |
| 2020 | 2.2% | −3.2 pp |
| 2019 | 5.4% | −1.4 pp |
| 2018 | 6.9% | −1.6 pp |
| 2017 | 8.5% | −3.9 pp |
| 2016 | 12.4% | −0.2 pp |
| 2015 | 12.6% | +2.6 pp |
| 2014 | 10% | +2.2 pp |
| 2013 | 7.8% | −0.1 pp |
| 2012 | 7.9% | −3.1 pp |
| 2011 | 11% | +2.1 pp |
| 2010 | 8.9% | −0.4 pp |
| 2009 | 9.3% | −2.4 pp |
| 2008 | 11.7% | +1.1 pp |
| 2007 | 10.6% | −3.4 pp |
| 2006 | 13.9% | −3.7 pp |
| 2005 | 17.6% | +2.2 pp |
| 2004 | 15.4% | −6.6 pp |
| 2003 | 22% | +2.8 pp |
| 2002 | 19.1% | +1.3 pp |
| 2001 | 17.9% | +0.7 pp |
| 2000 | 17.2% | −8.8 pp |
| 1999 | 26% | −2.0 pp |
| 1998 | 28% | +3.7 pp |
| 1997 | 24.4% | −2.1 pp |
| 1996 | 26.4% | −25.8 pp |
| 1995 | 52.2% | −5123.0 pp |
| 1994 | 5175.2% | +1881.7 pp |
| 1993 | 3293.5% | +1733.3 pp |
| 1992 | 1560.2% | +646.7 pp |
| 1991 | 913.5% | −8480.8 pp |
| 1990 | 9394.3% | — |
Frequently asked questions
What is the latest figure for average deposit interest rate in Brazil?
The average deposit interest rate in Brazil stood at 7.7% in 2024, according to World Bank World Development Indicators data.
How has deposit interest rates in Brazil changed over time?
World Bank World Development Indicators data show a decline from 9394.3% in 1990 to 7.7% in 2024.
How does Brazil compare with other countries in Latin America & Caribbean?
Brazil ranks 6 of 30 countries in Latin America & Caribbean with data, with 7.7% versus a regional average of 5.8% (latest values per country).
Where does Brazil rank globally on deposit interest rates?
Brazil ranks 24 of 113 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.DPST, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .