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Interest Rate on Bank Deposits (Local Currency) in Brazil

Source: National Central Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 13.6% in third quarter of 2015 in Brazil, according to the National Central Bank. This is 9.92% more than in the previous quarter.

Historically, interest rate on bank deposits in Brazil reached an all time high of 35,895% in 1Q1990 and an all time low of 6.56% in 4Q2012.

Brazil has been ranked 8th within the group of 102 countries we follow in terms of interest rate on bank deposits.

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