Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Brazil
Annual
IRSTCI01BRA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.90
Year-over-Year Change
64.14%
Date Range
1/1/1996 - 1/1/2024
Summary
The Annual trend measures the annual interest rate for consumer loans in Brazil. It is a key indicator of credit conditions and consumer demand in the Brazilian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Annual trend tracks the average annual interest rate charged on consumer loans in Brazil. This metric is widely used by economists and policymakers to assess the overall cost of credit and the level of consumer borrowing activity in the Brazilian market.
Methodology
The data is collected directly from Brazilian financial institutions and aggregated by the Central Bank of Brazil.
Historical Context
Trends in the Annual interest rate are closely monitored by the Brazilian Central Bank as they inform monetary policy decisions.
Key Facts
- The average Annual interest rate in Brazil was 44.6% as of the most recent data.
- Annual rates have declined by over 10 percentage points since 2018.
- Consumer credit accounts for over 25% of Brazil's total domestic credit market.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the average annual interest rate charged on consumer loans in Brazil.
Q: Why is this trend relevant for users or analysts?
A: The Annual interest rate is a key indicator of credit conditions and consumer demand in the Brazilian economy, making it highly relevant for economists, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected directly from Brazilian financial institutions and aggregated by the Central Bank of Brazil.
Q: How is this trend used in economic policy?
A: Trends in the Annual interest rate are closely monitored by the Brazilian Central Bank as they inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The Annual data is published with a short lag, typically within a month of the end of the reference period.
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Citation
U.S. Federal Reserve, Annual (IRSTCI01BRA156N), retrieved from FRED.