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.

Brazil's inflation rate and central bank interest rate have experienced significant fluctuations from 2018 to 2025, reflecting broader global economic trends. The country's inflation peaked at ***** percent in April 2022, followed by a gradual decline and subsequent rise, while the central bank adjusted its Selic rate in response to these economic dynamics. This pattern of volatility and monetary policy adjustments mirrors similar experiences in other major economies during the same period. Global context of inflation and interest rates Brazil's economic indicators align with the global trend of rising inflation and subsequent central bank responses observed in many countries. Like Brazil, other major economies such as the United States, the United Kingdom, and the European Union implemented aggressive rate hikes throughout 2022-2023 to combat inflationary pressures. However, a coordinated shift began in mid-2024, with many central banks initiating rate cuts. This global trend is reflected in Brazil's monetary policy decisions, as the country began reducing its Selic rate in August 2023 after maintaining it at ***** percent for several months. From the middle of 2024, however, the Brazilian central bank implemented several interest rate hikes, setting the rate at ** percent in October 2025. Comparison with other economies While Brazil's inflation rate reached **** percent in October 2025, other major economies exhibited varying levels of inflationary pressure. For instance, China consistently reported the lowest inflation rate among developed economies, while Russia maintained an exceptionally high inflation rate during the same period. The United Kingdom, which experienced similar volatility in its inflation rate, saw it peak at *** percent in October 2022 before moderating to *** percent by the end of 2024. These comparisons highlight the diverse economic conditions and policy responses across different countries, with Brazil's experience falling somewhere in the middle of this spectrum.

Brazil Market Expectation: Over Selic Rate: Annual Average: Current Calendar Year: Standard Deviation data was reported at 0.160 % pa in 28 Jun 2019. This records a decrease from the previous number of 0.170 % pa for 27 Jun 2019. Brazil Market Expectation: Over Selic Rate: Annual Average: Current Calendar Year: Standard Deviation data is updated daily, averaging 0.170 % pa from Jul 2002 (Median) to 28 Jun 2019, with 4244 observations. The data reached an all-time high of 1.800 % pa in 02 Jan 2003 and a record low of 0.000 % pa in 12 Dec 2018. Brazil Market Expectation: Over Selic Rate: Annual Average: 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.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.

Monthly and long-term Brazil Interest Rate data: historical series and analyst forecasts curated by FocusEconomics.

Brazil Market Expectation: Over Selic Rate: Current Calendar Year: Median data was reported at 5.500 % pa in 28 Jun 2019. This records a decrease from the previous number of 5.750 % pa for 27 Jun 2019. Brazil Market Expectation: Over Selic Rate: Current Calendar Year: Median data is updated daily, averaging 12.500 % pa from Jan 2000 (Median) to 28 Jun 2019, with 4884 observations. The data reached an all-time high of 25.000 % pa in 30 Dec 2002 and a record low of 5.500 % pa in 28 Jun 2019. Brazil Market Expectation: Over Selic Rate: 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.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.

Interbank Rate in Brazil remained unchanged at 14.90 percent in November. This dataset provides - Brazil Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Brazil Market Expectation: Over Selic Rate: Annual Average: Current Calendar Year: Average data was reported at 6.230 % pa in 28 Jun 2019. This records a decrease from the previous number of 6.250 % pa for 27 Jun 2019. Brazil Market Expectation: Over Selic Rate: Annual Average: Current Calendar Year: Average data is updated daily, averaging 11.915 % pa from Jul 2002 (Median) to 28 Jun 2019, with 4240 observations. The data reached an all-time high of 24.600 % pa in 30 Apr 2003 and a record low of 6.230 % pa in 28 Jun 2019. Brazil Market Expectation: Over Selic Rate: Annual Average: Current Calendar Year: 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: Next Calendar Year: Median data was reported at 6.000 % pa in 28 Jun 2019. This records a decrease from the previous number of 6.500 % pa for 27 Jun 2019. Brazil Market Expectation: Over Selic Rate: Next Calendar Year: Median data is updated daily, averaging 11.750 % pa from Jan 2000 (Median) to 28 Jun 2019, with 4873 observations. The data reached an all-time high of 20.000 % pa in 30 Dec 2002 and a record low of 6.000 % pa in 28 Jun 2019. Brazil Market Expectation: Over Selic Rate: Next 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.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: 1 Year Ahead: Standard Deviation data was reported at 0.920 % pa in 28 Jun 2019. This records an increase from the previous number of 0.880 % pa for 27 Jun 2019. Brazil Market Expectation: Over Selic Rate: Annual Average: 1 Year Ahead: Standard Deviation data is updated daily, averaging 1.040 % pa from Jul 2002 (Median) to 28 Jun 2019, with 4246 observations. The data reached an all-time high of 3.020 % pa in 20 Dec 2002 and a record low of 0.000 % pa in 25 Jul 2002. Brazil Market Expectation: Over Selic Rate: Annual Average: 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.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.

The yield on Brazil 10Y Bond Yield eased to 13.41% on December 1, 2025, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.40 points and is 0.04 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Brazil 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on December of 2025.

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.

Abstract The financial system plays a crucial role in any economy. Factors such as strong regulation of the banking sector, measurement and evaluation in terms of performance and efficiency has been important for financial institutions. The long-term sustainability of cooperatives and banks demand the identification and comparison of variables that influence their profitability. The present study carried out an analysis of a panel of institutions between 2009 and 2013 with similar characteristics. The results indicate that the return on assets of these institutions was affected by loans, efficiency (measured using data envelopment analysis), total expenses, total deposits, other income and the Selic rate. However, return on equity was influenced by total deposits, loans, Selic rate, GDP, inflation, other income and total expenses. In the sample studied, the results indicated that there is no statistical difference if the financial institution is classified as a multiple bank or credit union, when considering ROE as a performance measure.

Brazil Market Expectation: Over Selic Rate: Annual Average: 1 Year Ahead: Median data was reported at 7.250 % pa in 28 Jun 2019. This stayed constant from the previous number of 7.250 % pa for 27 Jun 2019. Brazil Market Expectation: Over Selic Rate: Annual Average: 1 Year Ahead: Median data is updated daily, averaging 10.750 % pa from Jul 2002 (Median) to 28 Jun 2019, with 4246 observations. The data reached an all-time high of 18.150 % pa in 27 Dec 2002 and a record low of 7.250 % pa in 28 Jun 2019. Brazil Market Expectation: Over Selic Rate: Annual Average: 1 Year 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: Long Term: Average data was reported at 7.140 % pa in 28 Jun 2019. This records a decrease from the previous number of 7.190 % pa for 27 Jun 2019. Brazil Market Expectation: Over Selic Rate: Long Term: Average data is updated daily, averaging 9.850 % pa from Nov 2001 (Median) to 28 Jun 2019, with 4416 observations. The data reached an all-time high of 16.000 % pa in 16 Dec 2004 and a record low of 7.140 % pa in 28 Jun 2019. Brazil Market Expectation: Over Selic Rate: 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.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: 2 Years Ahead: Average data was reported at 7.160 % pa in 28 Jun 2019. This records a decrease from the previous number of 7.210 % pa for 27 Jun 2019. Brazil Market Expectation: Over Selic Rate: 2 Years Ahead: Average data is updated daily, averaging 10.180 % pa from Aug 2000 (Median) to 28 Jun 2019, with 4526 observations. The data reached an all-time high of 15.410 % pa in 27 Dec 2002 and a record low of 7.160 % pa in 28 Jun 2019. Brazil Market Expectation: Over Selic Rate: 2 Years Ahead: 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.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.

Market Expectation: Over Selic Rate: Current Calendar Year: Standard Deviation在2019-06-28达0.460 % 每年，相较于2019-06-27的0.470 % 每年有所下降。Market Expectation: Over Selic Rate: Current Calendar Year: Standard Deviation数据按每日更新，2000-01-03至2019-06-28期间平均值为0.450 % 每年，共4884份观测结果。该数据的历史最高值出现于2001-06-21，达2.580 % 每年，而历史最低值则出现于2012-12-14，为0.000 % 每年。CEIC提供的Market Expectation: Over Selic Rate: Current Calendar Year: Standard Deviation数据处于定期更新的状态，数据来源于Central Bank of Brazil，数据归类于Brazil Premium Database的Business and Economic Survey – Table BR.SA038: Market Expectation: Over Selic Rate。