Average lending interest rates in selected Latin American countries 2022

Published by
Fernando de Querol Cumbrera,
Jun 12, 2023
Argentina and Brazil were the countries in Latin America with the highest average lending interest rates in 2022, at 39 and 52 percent respectively. The terms and conditions of those loans can be quite different in each country, which reduces the comparability of these figures. Nevertheless, the interest rates in most Latin American countries were much lower, between seven and 14 percent.

Average lending interest rates in selected Latin American countries in 2022

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Release date

May 2023

Region

Central and South America, LAC

Survey time period

2022

Special properties

Figures for 2021.

Supplementary notes

These figures show the average long and medium-term interest rates for lending to the private sector. Additionally, the terms and conditions of loans may be different in each country, which reduces the comparability of these figures.

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