Deposit interest rate — all countries

Deposit interest rate — Paraguay

Deposit interest rate in Paraguay in 2021 — 3.42%. Ranked 40 in the world out of 110. Since 1989, the indicator has fallen by 13.86 pp.

2021 3.42% +0.06 pp vs 2020
World rank 40of 110
Period maximum 22.86%2002
Period minimum 1.21%2010

Trend over time

1989–2021 · % per annum

Deposit interest rate — Paraguay, 1989–202101020301989199319972001200520092013201720211989: 17.28%1990: 18%1991: 17.7%1992: 15.82%1993: 17.36%1994: 18.16%1995: 16.62%1996: 13.47%1997: 10.21%1998: 16.2%1999: 19.75%2000: 15.72%2001: 16.22%2002: 22.86%2003: 15.83%2004: 5.11%2005: 1.66%2006: 6.72%2007: 5%2008: 3.08%2009: 1.46%2010: 1.21%2011: 4.03%2012: 3.92%2013: 4.24%2014: 4.31%2015: 3.51%2016: 3.76%2017: 3.59%2018: 3.48%2019: 3.44%2020: 3.37%2021: 3.42%
Change over the period: −13.86 pp Annual average: -0.43 pp
Deposit interest rate — Paraguay, by year Paraguay All countries CSV XLSX
Year % Change, pp
2021 3.42 +0.06 pp
2020 3.37 −0.07 pp
2019 3.44 −0.04 pp
2018 3.48 −0.11 pp
2017 3.59 −0.16 pp
2016 3.76 +0.24 pp
2015 3.51 −0.79 pp
2014 4.31 +0.07 pp
2013 4.24 +0.32 pp
2012 3.92 −0.11 pp
2011 4.03 +2.81 pp
2010 1.21 −0.24 pp
2009 1.46 −1.62 pp
2008 3.08 −1.93 pp
2007 5 −1.72 pp
2006 6.72 +5.06 pp
2005 1.66 −3.45 pp
2004 5.11 −10.72 pp
2003 15.83 −7.03 pp
2002 22.86 +6.64 pp
2001 16.22 +0.5 pp
2000 15.72 −4.03 pp
1999 19.75 +3.55 pp
1998 16.2 +5.99 pp
1997 10.21 −3.26 pp
1996 13.47 −3.14 pp
1995 16.62 −1.54 pp
1994 18.16 +0.8 pp
1993 17.36 +1.53 pp
1992 15.82 −1.87 pp
1991 17.7 −0.3 pp
1990 18 +0.72 pp
1989 17.28

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

Source: World Economic Outlook (IMF), license IMF open data.