Lending interest rate in Paraguay

Paraguay: Lending interest rate was 12.5% in 2021. ▼ Falling

Latest (2021)
12.5%
Change on year
down 7.6%
World rank
46th
of 148 countries
All-time high
57.8%
in 2003
All-time low
12.5%
in 2021
Years of data
28
1994–2021

Lending interest rate in Paraguay, 1994–2021

1020304050601994200720211994: 41 %1995: 39.2 %1996: 36.8 %1997: 32.1 %1998: 35.2 %1999: 34.9 %2000: 31 %2001: 32.7 %2002: 44.7 %2003: 57.8 %2004: 38.8 %2005: 34.6 %2006: 34.8 %2007: 28.9 %2008: 29.8 %2009: 32.7 %2010: 30.1 %2011: 17.4 %2012: 17.2 %2013: 19.3 %2014: 21.2 %2015: 19.7 %2016: 18.1 %2017: 17 %2018: 15.7 %2019: 15.5 %2020: 13.5 %2021: 12.5 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for lending interest rate in Paraguay is 12.5%, measured in 2021. That is the lowest value across all 28 years on record.

That represents a change of down 7.6% on the previous year and down 28.1% over ten years.

Over the whole period, lending interest rate in Paraguay peaked at 57.8% in 2003 and was at its lowest, 12.5%, in 2021.

Paraguay ranks 46th of 148 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 28 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 36.6% 32.1% 41.0% 6
2000s 36.6% 28.9% 57.8% 10
2010s 19.1% 15.5% 30.1% 10
2020s 13.0% 12.5% 13.5% 2

Countries ranked near Paraguay

  1. 43 Guatemala 12.9% compare
  2. 44 Micronesia (country) 12.6% compare
  3. 45 Peru 12.6% compare
  4. 47 Burundi 12.4% compare
  5. 48 Iraq 12.3% compare
  6. 49 Jamaica 12.1% compare

See the full ranking of 148 places →

More financial sector data for Paraguay

All data for Paraguay →

Frequently asked questions

What is lending interest rate in Paraguay?
Lending interest rate in Paraguay was 12.5% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest lending interest rate recorded in Paraguay?
The highest recorded value was 57.8% in 2003.
What is the lowest lending interest rate recorded in Paraguay?
The lowest recorded value was 12.5% in 2021.
How does Paraguay rank for lending interest rate?
Paraguay ranks 46th out of 148 countries with data for 2021.
Is lending interest rate rising or falling in Paraguay?
Over the last ten years it is down 28.1%. The long-run trend across the full record is falling.
Where does this Paraguay data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Lending interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,788 data points, 1960–2025
Last refreshed

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.