Real interest rate in Paraguay

Paraguay: Real interest rate was 3.8% in 2021. ▼ Falling

Latest (2021)
3.8%
Change on year
down 66.1%
World rank
88th
of 148 countries
All-time high
37.0%
in 2003
All-time low
3.8%
in 2021
Years of data
28
1994–2021

Real interest rate in Paraguay, 1994–2021

0102030401994200720211994: 25.2 %1995: 25.3 %1996: 22.8 %1997: 27.8 %1998: 16.3 %1999: 21.9 %2000: 14.2 %2001: 16.4 %2002: 22.7 %2003: 37 %2004: 24.1 %2005: 19.1 %2006: 23.9 %2007: 14.5 %2008: 15.7 %2009: 28 %2010: 24.3 %2011: 11.7 %2012: 11.8 %2013: 14.3 %2014: 17.8 %2015: 17.8 %2016: 13.4 %2017: 14.5 %2018: 13.5 %2019: 12.1 %2020: 11.1 %2021: 3.8 %

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

Analysis

Paraguay recorded 3.8% for real interest rate in 2021. That is the lowest value across all 28 years on record.

Compared with earlier readings it is down 66.1% on the previous year and down 67.9% over ten years.

Over the whole period, real interest rate in Paraguay peaked at 37.0% in 2003 and was at its lowest, 3.8%, in 2021.

That places Paraguay 88th out of 148 countries with data for 2021, putting it 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 23.2% 16.3% 27.8% 6
2000s 21.6% 14.2% 37.0% 10
2010s 15.1% 11.7% 24.3% 10
2020s 7.4% 3.8% 11.1% 2

Countries ranked near Paraguay

  1. 85 Bahamas 4.0% compare
  2. 86 Iceland 3.9% compare
  3. 87 Togo 3.8% compare
  4. 89 Saint Kitts and Nevis 3.7% compare
  5. 90 Dominica 3.7% compare
  6. 91 Mali 3.6% compare

See the full ranking of 148 places →

More financial sector data for Paraguay

All data for Paraguay →

Frequently asked questions

What is real interest rate in Paraguay?
Real interest rate in Paraguay was 3.8% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest real interest rate recorded in Paraguay?
The highest recorded value was 37.0% in 2003.
What is the lowest real interest rate recorded in Paraguay?
The lowest recorded value was 3.8% in 2021.
How does Paraguay rank for real interest rate?
Paraguay ranks 88th out of 148 countries with data for 2021.
Is real interest rate rising or falling in Paraguay?
Over the last ten years it is down 67.9%. 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 Real 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
Real interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,763 data points, 1961–2025
Last refreshed

An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.