The benchmark interest rate in Brazil was last recorded at 15 percent. This dataset provides - Brazil Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Leading Indicators OECD: Component Series: Short-Term Interest Rate: Normalised for Brazil (BRALOCOSTNOSTSAM) from Oct 1996 to Dec 2023 about short-term, leading indicator, and Brazil.

Key information about Brazil Long Term Interest Rate

• Brazil Long Term Interest Rate (TJLP): Per Annum was reported at 7.97 % pa in Feb 2025, compared with 7.97 % pa in the previous month.
• Brazil Long Term Interest Rate data is updated monthly, available from Dec 1994 to Feb 2025.
• The data reached an all-time high of 26.01 % pa in Feb 1995 and a record low of 4.39 % pa in Mar 2021.
• Long Term Interest Rate is reported by reported by Central Bank of Brazil.
• The cash rate (Policy Rate: Month End: SELIC) was set at 13.25 % pa in Feb 2025.
• Brazil Exchange Rate against USD averaged 4.85 (USD/BRL) in Jun 2023.

Graph and download economic data for Leading Indicators OECD: Component Series: Short-Term Interest Rate: Original Series for Brazil (BRALOCOSTORSTM) from Oct 1996 to Dec 2023 about short-term, leading indicator, origination, and Brazil.

Key information about Brazil Policy Rate

• Brazil cash rate (Policy Rate: Month End: SELIC) was set at 13.25 % pa in Feb 2025, compared with 13.25 % pa in the previous Jan 2025.
• Brazil Policy Rate averaged 12.25 % pa and is updated monthly, available from Mar 1999 to Feb 2025.
• The data reached an all-time high of 42.00 % pa in Mar 1999 and a record low of 2.00 % pa in Feb 2021.
• Its Long Term Interest Rate (Long Term Interest Rate (TJLP): Per Annum) was reported at 7.97 % pa in Jan 2025.
• Brazil Exchange Rate against USD averaged 4.85 (USD/BRL) in Jun 2023.
• Its Real Effective Exchange Rate was 81.41 in Nov 2024.

Brazil Market Expectation: Over Selic Rate: 1 Year Ahead: Standard Deviation data was reported at 0.850 % pa in 28 Jun 2019. This records an increase from the previous number of 0.820 % pa for 27 Jun 2019. Brazil Market Expectation: Over Selic Rate: 1 Year Ahead: Standard Deviation data is updated daily, averaging 1.190 % pa from Aug 2000 (Median) to 28 Jun 2019, with 4736 observations. The data reached an all-time high of 3.000 % pa in 20 Dec 2002 and a record low of 0.510 % pa in 03 Dec 2018. Brazil Market Expectation: Over Selic Rate: 1 Year Ahead: Standard Deviation data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Business and Economic Survey – Table BR.SA038: Market Expectation: Over Selic Rate. Market Expectations System was implemented in November 2001, previous projections were collected from incipient through telephone contacts, transcribed into spreadsheets and consolidated manually. Some empty time points occurred because the Market didn´t have the expectation for those days. The Over-Selic interest rate is set by the monetary authorities and has the role of signaling to economic agents the basic level of remuneration of federal securities. Its effective level is defined by the weighted average daily volume of operations backed by federal public short, medium and long-term securities at the present time. Such securities are issued by the Treasury or the Central Bank, negotiated and registered by the Special Settlement and Custody Service, Selic, in the form of repo operations. Notably, the Over-Selic interest rate has the function of guiding the other short-term interest rates of the economy, acting as a minimum limit.

Long-term interest rate in Brazil, June, 2025 The most recent value is 8.65 percent as of June 2025, no change compared to the previous value of 8.65 percent. Historically, the average for Brazil from December 1994 to June 2025 is 8.52 percent. The minimum of 4.39 percent was recorded in January 2021, while the maximum of 26.01 percent was reached in December 1994. | TheGlobalEconomy.com

Brazil Long Term Interest Rate (TJLP): Per Month data was reported at 0.690 % per Month in Apr 2025. This records an increase from the previous number of 0.640 % per Month for Mar 2025. Brazil Long Term Interest Rate (TJLP): Per Month data is updated monthly, averaging 0.570 % per Month from Dec 1994 (Median) to Apr 2025, with 365 observations. The data reached an all-time high of 1.950 % per Month in Feb 1995 and a record low of 0.360 % per Month in Mar 2021. Brazil Long Term Interest Rate (TJLP): Per Month data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Global Database’s Brazil – Table BR.MC002: Lending Rate: Central Bank of Brazil. [COVID-19-IMPACT]

Graph and download economic data for Interest Rates, Government Securities, Treasury Bills for Brazil (INTGSTBRM193N) from Jan 1995 to May 2025 about Brazil, bills, securities, Treasury, government, interest rate, interest, and rate.

Brazil Market Expectation: Over Selic Rate: Annual Average: Long Term: Standard Deviation data was reported at 0.880 % pa in 28 Jun 2019. This records an increase from the previous number of 0.850 % pa for 27 Jun 2019. Brazil Market Expectation: Over Selic Rate: Annual Average: Long Term: Standard Deviation data is updated daily, averaging 1.250 % pa from Jul 2002 (Median) to 28 Jun 2019, with 4237 observations. The data reached an all-time high of 3.890 % pa in 03 Jan 2003 and a record low of 0.000 % pa in 13 Dec 2018. Brazil Market Expectation: Over Selic Rate: Annual Average: Long Term: Standard Deviation data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Business and Economic Survey – Table BR.SA039: Market Expectation: Over Selic Rate: Annual Average. Market Expectations System was implemented in November 2001, previous projections were collected from incipient through telephone contacts, transcribed into spreadsheets and consolidated manually. Some empty time points occurred because the Market didn´t have the expectation for those days. The Over-Selic interest rate is set by the monetary authorities and has the role of signaling to economic agents the basic level of remuneration of federal securities. Its effective level is defined by the weighted average daily volume of operations backed by federal public short, medium and long-term securities at the present time. Such securities are issued by the Treasury or the Central Bank, negotiated and registered by the Special Settlement and Custody Service, Selic, in the form of repo operations. Notably, the Over-Selic interest rate has the function of guiding the other short-term interest rates of the economy, acting as a minimum limit.

Brazil PSND: by Indexing Factor: Long Term Interest Rate: Internal Net Debt data was reported at -594,823.386 BRL mn in Apr 2019. This records an increase from the previous number of -597,402.160 BRL mn for Mar 2019. Brazil PSND: by Indexing Factor: Long Term Interest Rate: Internal Net Debt data is updated monthly, averaging -557,373.242 BRL mn from Aug 2006 (Median) to Apr 2019, with 153 observations. The data reached an all-time high of -125,339.380 BRL mn in Aug 2006 and a record low of -784,547.528 BRL mn in Nov 2016. Brazil PSND: by Indexing Factor: Long Term Interest Rate: Internal Net Debt data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FB027: Public Sector Net Debt: by Indexing Factor: Long Term Interest Rate.

Brazil BR: Long-Term Government Bond Yields: Combined Terms data was reported at 7.050 % in 2023. This records an increase from the previous number of 6.777 % for 2022. Brazil BR: Long-Term Government Bond Yields: Combined Terms data is updated yearly, averaging 7.050 % from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 23.392 % in 1995 and a record low of 4.800 % in 2021. Brazil BR: Long-Term Government Bond Yields: Combined Terms data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Brazil – Table BR.OECD.MEI: Long Term Interest Rates: Non OECD Member: Annual. The Long Term Rate (TLP), formerly called the Long-Term Interest Rate (TJLP), became effective as of January 1, 2018. It is the main financing rate of the BNDES - National Bank for Economic and Social Development. The current TLP is defined every three months based on the inflation target for the year. The calculation for this rates takes into account the inflation target and the risk premium.

Brazil BR: Lending Interest Rate data was reported at 40.225 % pa in 2024. This records a decrease from the previous number of 43.600 % pa for 2023. Brazil BR: Lending Interest Rate data is updated yearly, averaging 44.304 % pa from Dec 1997 (Median) to 2024, with 28 observations. The data reached an all-time high of 86.363 % pa in 1998 and a record low of 27.392 % pa in 2013. Brazil BR: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Interest Rates. 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.;International Monetary Fund, International Financial Statistics and data files.;;

PSND: by Indexing Factor: Long Term Interest Rate: Internal Net Debt: Federal Government: Credit with Official Financial Institutions: Credit with Brazilian Development Bank - BNDES data was reported at -209,284.486 BRL mn in Apr 2019. This records an increase from the previous number of -212,328.149 BRL mn for Mar 2019. PSND: by Indexing Factor: Long Term Interest Rate: Internal Net Debt: Federal Government: Credit with Official Financial Institutions: Credit with Brazilian Development Bank - BNDES data is updated monthly, averaging -330,871.791 BRL mn from Jan 2009 (Median) to Apr 2019, with 124 observations. The data reached an all-time high of 0.000 BRL mn in Mar 2009 and a record low of -517,358.505 BRL mn in Nov 2016. PSND: by Indexing Factor: Long Term Interest Rate: Internal Net Debt: Federal Government: Credit with Official Financial Institutions: Credit with Brazilian Development Bank - BNDES data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FB027: Public Sector Net Debt: by Indexing Factor: Long Term Interest Rate. Banco Nacional de Desenvolvimento Economico e Social (BNDES)

Brazil BR: Yield 10- Year Government Bonds data was reported at 6.885 % in 2024. This records a decrease from the previous number of 7.050 % for 2023. Brazil BR: Yield 10- Year Government Bonds data is updated yearly, averaging 6.967 % from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 23.392 % in 1995 and a record low of 4.800 % in 2021. Brazil BR: Yield 10- Year Government Bonds data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Brazil – Table BR.OECD.MEI: Long Term Interest Rates: Non OECD Member: Annual. [STAT_CONC_DEF] The Long Term Rate (TLP), formerly called the Long-Term Interest Rate (TJLP), became effective as of January 1, 2018. It is the main financing rate of the BNDES - National Bank for Economic and Social Development. The current TLP is defined every three months based on the inflation target for the year. The calculation for this rates takes into account the inflation target and the risk premium.

Brazil BR: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data was reported at 31.484 % pa in 2023. This records an increase from the previous number of 26.136 % pa for 2022. Brazil BR: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data is updated yearly, averaging 33.566 % pa from Dec 1997 (Median) to 2023, with 27 observations. The data reached an all-time high of 57.797 % pa in 1998 and a record low of 18.402 % pa in 2013. Brazil BR: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Interest Rates. Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the 'risk free' treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics database.;;

Brazil Market Expectation: Over Selic Rate: Annual Average: 2 Years Ahead: Median data was reported at 7.500 % pa in 28 Jun 2019. This stayed constant from the previous number of 7.500 % pa for 27 Jun 2019. Brazil Market Expectation: Over Selic Rate: Annual Average: 2 Years Ahead: Median data is updated daily, averaging 10.000 % pa from Jul 2002 (Median) to 28 Jun 2019, with 4246 observations. The data reached an all-time high of 15.730 % pa in 30 Dec 2002 and a record low of 7.500 % pa in 28 Jun 2019. Brazil Market Expectation: Over Selic Rate: Annual Average: 2 Years Ahead: Median data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Business and Economic Survey – Table BR.SA039: Market Expectation: Over Selic Rate: Annual Average. Market Expectations System was implemented in November 2001, previous projections were collected from incipient through telephone contacts, transcribed into spreadsheets and consolidated manually. Some empty time points occurred because the Market didn´t have the expectation for those days. The Over-Selic interest rate is set by the monetary authorities and has the role of signaling to economic agents the basic level of remuneration of federal securities. Its effective level is defined by the weighted average daily volume of operations backed by federal public short, medium and long-term securities at the present time. Such securities are issued by the Treasury or the Central Bank, negotiated and registered by the Special Settlement and Custody Service, Selic, in the form of repo operations. Notably, the Over-Selic interest rate has the function of guiding the other short-term interest rates of the economy, acting as a minimum limit.

Brazil Market Expectation: Over Selic Rate: Annual Average: Long Term: Average data was reported at 7.170 % pa in 28 Jun 2019. This records a decrease from the previous number of 7.230 % pa for 27 Jun 2019. Brazil Market Expectation: Over Selic Rate: Annual Average: Long Term: Average data is updated daily, averaging 9.940 % pa from Jul 2002 (Median) to 28 Jun 2019, with 4233 observations. The data reached an all-time high of 16.000 % pa in 16 Dec 2004 and a record low of 7.170 % pa in 28 Jun 2019. Brazil Market Expectation: Over Selic Rate: Annual Average: Long Term: Average data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Business and Economic Survey – Table BR.SA039: Market Expectation: Over Selic Rate: Annual Average. Market Expectations System was implemented in November 2001, previous projections were collected from incipient through telephone contacts, transcribed into spreadsheets and consolidated manually. Some empty time points occurred because the Market didn´t have the expectation for those days. The Over-Selic interest rate is set by the monetary authorities and has the role of signaling to economic agents the basic level of remuneration of federal securities. Its effective level is defined by the weighted average daily volume of operations backed by federal public short, medium and long-term securities at the present time. Such securities are issued by the Treasury or the Central Bank, negotiated and registered by the Special Settlement and Custody Service, Selic, in the form of repo operations. Notably, the Over-Selic interest rate has the function of guiding the other short-term interest rates of the economy, acting as a minimum limit.

Brazil Market Expectation: Over Selic Rate: Current Calendar Year: Standard Deviation data was reported at 0.460 % pa in 28 Jun 2019. This records a decrease from the previous number of 0.470 % pa for 27 Jun 2019. Brazil Market Expectation: Over Selic Rate: Current Calendar Year: Standard Deviation data is updated daily, averaging 0.450 % pa from Jan 2000 (Median) to 28 Jun 2019, with 4884 observations. The data reached an all-time high of 2.580 % pa in 21 Jun 2001 and a record low of 0.000 % pa in 14 Dec 2012. Brazil Market Expectation: Over Selic Rate: Current Calendar Year: Standard Deviation data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Business and Economic Survey – Table BR.SA038: Market Expectation: Over Selic Rate. Market Expectations System was implemented in November 2001, previous projections were collected from incipient through telephone contacts, transcribed into spreadsheets and consolidated manually. Some empty time points occurred because the Market didn´t have the expectation for those days. The Over-Selic interest rate is set by the monetary authorities and has the role of signaling to economic agents the basic level of remuneration of federal securities. Its effective level is defined by the weighted average daily volume of operations backed by federal public short, medium and long-term securities at the present time. Such securities are issued by the Treasury or the Central Bank, negotiated and registered by the Special Settlement and Custody Service, Selic, in the form of repo operations. Notably, the Over-Selic interest rate has the function of guiding the other short-term interest rates of the economy, acting as a minimum limit.

Brazil Market Expectation: Over Selic Rate: Annual Average: Current Calendar Year: Median data was reported at 6.220 % pa in 28 Jun 2019. This stayed constant from the previous number of 6.220 % pa for 27 Jun 2019. Brazil Market Expectation: Over Selic Rate: Annual Average: Current Calendar Year: Median data is updated daily, averaging 11.880 % pa from Jul 2002 (Median) to 28 Jun 2019, with 4244 observations. The data reached an all-time high of 24.810 % pa in 29 Apr 2003 and a record low of 6.220 % pa in 28 Jun 2019. Brazil Market Expectation: Over Selic Rate: Annual Average: Current Calendar Year: Median data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Business and Economic Survey – Table BR.SA039: Market Expectation: Over Selic Rate: Annual Average. Market Expectations System was implemented in November 2001, previous projections were collected from incipient through telephone contacts, transcribed into spreadsheets and consolidated manually. Some empty time points occurred because the Market didn´t have the expectation for those days. The Over-Selic interest rate is set by the monetary authorities and has the role of signaling to economic agents the basic level of remuneration of federal securities. Its effective level is defined by the weighted average daily volume of operations backed by federal public short, medium and long-term securities at the present time. Such securities are issued by the Treasury or the Central Bank, negotiated and registered by the Special Settlement and Custody Service, Selic, in the form of repo operations. Notably, the Over-Selic interest rate has the function of guiding the other short-term interest rates of the economy, acting as a minimum limit.