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
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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World Bank. (May 15, 2023). Average lending interest rates in selected Latin American countries in 2022 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1389830/lending-interest-rates-in-selected-latin-american-countries/
World Bank. "Average lending interest rates in selected Latin American countries in 2022." Chart. May 15, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1389830/lending-interest-rates-in-selected-latin-american-countries/
World Bank. (2023). Average lending interest rates in selected Latin American countries in 2022. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1389830/lending-interest-rates-in-selected-latin-american-countries/
World Bank. "Average Lending Interest Rates in Selected Latin American Countries in 2022." Statista, Statista Inc., 15 May 2023, https://www.statista.com/statistics/1389830/lending-interest-rates-in-selected-latin-american-countries/
World Bank, Average lending interest rates in selected Latin American countries in 2022 Statista, https://www.statista.com/statistics/1389830/lending-interest-rates-in-selected-latin-american-countries/ (last visited December 22, 2024)
Average lending interest rates in selected Latin American countries in 2022 [Graph], World Bank, May 15, 2023. [Online]. Available: https://www.statista.com/statistics/1389830/lending-interest-rates-in-selected-latin-american-countries/