The benchmark interest rate in Argentina was last recorded at 32 percent. This dataset provides the latest reported value for - Argentina Money Market Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Deposit Interest Rate in Argentina decreased to 32.73 percent in May from 33.30 percent in April of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Argentina.

Key information about Argentina Policy Rate

• Argentina cash rate (Interest Rate: Financial Institution Deposit: 30 Days) was set at 27.74 % in Feb 2025, compared with 28.72 % in the previous Jan 2025.
• Argentina Policy Rate averaged 17.09 % and is updated monthly, available from Jan 1985 to Feb 2025.
• The data reached an all-time high of 1,010.56 % in May 1989 and a record low of 0.00 % in Jul 1990.

• In the latest reports, Argentina Short Term Interest Rate: Month End: Argentina: Up to 15 Days Interbank Call Rate (BAIBAR) was reported at 31.80 % pa in Jul 2021.
• Argentina Exchange Rate against USD averaged 254.03 (USD/ARS) in Jun 2023.
• Its Real Effective Exchange Rate was 50.18 in Feb 2025.

Argentina is by far the Latin American country with the highest monetary policy rate as of 2018. Monetary policy rate, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy. This indicator serves as a guide for other financial institutions to set their own interest rates. The base interest rate defined by Argentina's Central Bank more than doubled from 12.25 percent in 2010 to 26.42 percent in 2017.

Mortgage credit interest rate, percent in Argentina, March, 2025 The most recent value is 31.73 percent as of March 2025, a decline compared to the previous value of 32.13 percent. Historically, the average for Argentina from January 2002 to March 2025 is 22.84 percent. The minimum of 10.08 percent was recorded in July 2007, while the maximum of 130.6 percent was reached in December 2023. | TheGlobalEconomy.com

Argentina AR: Deposit Interest Rate data was reported at 94.997 % pa in 2023. This records an increase from the previous number of 52.417 % pa for 2022. Argentina AR: Deposit Interest Rate data is updated yearly, averaging 22.725 % pa from Dec 2010 (Median) to 2023, with 14 observations. The data reached an all-time high of 94.997 % pa in 2023 and a record low of 9.167 % pa in 2010. Argentina AR: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Interest Rates. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files.;;

Lending interest rate (%) in Argentina was reported at 61.71 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Argentina - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Real interest rate (%) in Argentina was reported at --16.77 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Argentina - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Bank deposit interest rate, percent in Argentina, March, 2025 The most recent value is 27.58 percent as of March 2025, an increase compared to the previous value of 27.38 percent. Historically, the average for Argentina from January 2010 to March 2025 is 32.23 percent. The minimum of 8.67 percent was recorded in January 2011, while the maximum of 129.57 percent was reached in November 2023. | TheGlobalEconomy.com

Deposit interest rate (%) in Argentina was reported at 95 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Argentina - Deposit interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Argentina AR: Real Interest Rate data was reported at -16.227 % pa in 2023. This records a decrease from the previous number of -10.074 % pa for 2022. Argentina AR: Real Interest Rate data is updated yearly, averaging -7.321 % pa from Dec 2010 (Median) to 2023, with 14 observations. The data reached an all-time high of 12.104 % pa in 2019 and a record low of -16.227 % pa in 2023. Argentina AR: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Interest Rates. 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.;International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.;;

Argentina AR: Interest Rate Spread data was reported at 0.897 % pa in 2023. This records an increase from the previous number of -0.018 % pa for 2022. Argentina AR: Interest Rate Spread data is updated yearly, averaging 2.852 % pa from Dec 2010 (Median) to 2023, with 14 observations. The data reached an all-time high of 19.967 % pa in 2019 and a record low of -0.018 % pa in 2022. Argentina AR: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files.;Median;

Key information about Argentina Short Term Interest Rate

• Argentina Short Term Interest Rate: Month End: Argentina: Up to 15 Days Interbank Call Rate (BAIBAR) was reported at 31.80 % pa in Jul 2021, compared with 30.84 % pa in the previous month.
• Argentina Short Term Interest Rate data is updated monthly, available from Jan 1999 to Jul 2021.
• The data reached an all-time high of 663.09 % pa in Nov 2001 and a record low of 1.23 % pa in Apr 2004.
• Short Term Interest Rate is reported by reported by Central Bank of Argentina.
• The cash rate (Interest Rate: Financial Institution Deposit: 30 Days) was set at 90.83 % in May 2023.
• Argentina Exchange Rate against USD averaged 235.87 (USD/ARS) in May 2023.

Business credit interest rate, percent in Argentina, March, 2025 The most recent value is 40.86 percent as of March 2025, a decline compared to the previous value of 41.81 percent. Historically, the average for Argentina from January 2002 to March 2025 is 30.48 percent. The minimum of 10.89 percent was recorded in January 2005, while the maximum of 118.34 percent was reached in December 2023. | TheGlobalEconomy.com

Interbank Rate in Argentina decreased to 32.61 percent in May from 35.33 percent in April of 2025. This dataset provides - Argentina up to 15 Days Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Argentina AR: Lending Interest Rate data was reported at 61.707 % pa in 2024. This records a decrease from the previous number of 95.894 % pa for 2023. Argentina AR: Lending Interest Rate data is updated yearly, averaging 29.387 % pa from Dec 2010 (Median) to 2024, with 15 observations. The data reached an all-time high of 95.894 % pa in 2023 and a record low of 10.557 % pa in 2010. Argentina AR: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.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.;;

Inflation in Argentina was 54 percent in 2019, before falling to 42 percent in 2020. Despite Argentina's fluctuating economic instability over the twentieth century, the largest factor in its current economic status is the legacy of poor fiscal discipline left by the economic depression from 1998 to 2002. Although data is not available from 2014 to 2016, Argentina's inflation rate has been among the highest in the world for the past five years.

What causes inflation?

Inflation is a rise in price levels for all goods. Major causes of inflation include an increase in money supply, low central bank interest rates, and expectation of inflation. In a country such as Argentina, the expectation can be one of the biggest obstacles. People expect inflation to be high and demand increasing wages, and firms continue raising prices because they expect the costs of inputs to increase. Banks follow suit, charging high interest rates on fixed deposits.

Effects of inflation

Inflation negatively affects savers. 100 Argentinian pesos in 2018 was worth just under 75 pesos in 2019, after adjusting for the 34 percent inflation rate. Similarly, frequently changing prices has its own inherent cost, called “menu cost” after the price of printing new menus. Inflation will also have a positive effect on national debt when that debt is denominated in Argentinian pesos, because the pesos will be cheaper when the loan matures. However, the majority of Argentina’s debts are in foreign currency, which means that inflation will make these debts larger in peso terms.

Interest rate spread (lending rate minus deposit rate, %) in Argentina was reported at 0.89742 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Argentina - Interest rate spread (lending rate minus deposit rate, %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Argentina Time Deposit Rate: USD: Banks data was reported at 0.966 % pa in Mar 2025. This records an increase from the previous number of 0.574 % pa for Feb 2025. Argentina Time Deposit Rate: USD: Banks data is updated monthly, averaging 1.062 % pa from Apr 1993 (Median) to Mar 2025, with 384 observations. The data reached an all-time high of 13.440 % pa in Nov 2001 and a record low of 0.270 % pa in May 2024. Argentina Time Deposit Rate: USD: Banks data remains active status in CEIC and is reported by Central Bank of Argentina. The data is categorized under Global Database’s Argentina – Table AR.M005: Deposit Rate.

Forecast: Bank Lending Interest Rate in Argentina 2024 - 2028 Discover more data with ReportLinker!