Brazil Interest Rate

14.0% −0.25 pt

Aug 2026 · Monthly

Brazil's policy interest rate fell to 14% in August 2026, from 14.25% previously. The rate was 15% from August 2025 through February 2026, then eased to 14.75% in March, 14.5% in April and May, and 14.25% in June and July. It remains far below the all-time high of 355,085.64% from February 1990 and above the record low of 2% from February 2021. The August print is the lowest since February 2025, according to Bank for International Settlements.

source: Bank for International Settlements

Brazil's policy interest rate stood at 14% in August 2026, down from 14.25% in the previous month. The current rate remains far below the all-time high of 355,085.64% recorded in February 1990 and well above the record low of 2% set in February 2021. Data series begins in June 1986.

Brazil Interest Rate, 1990–2026
ActualPreviousHighestLowestDatesFrequency
14.0%14.3%355085.6%Feb 19902.0%Feb 20211986 – 2026Monthly

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About this series

Interest Rate in Brazil averaged 1390.9% from 1986 until 2026, reaching an all-time high of 355085.6% in Feb 1990 and a record low of 2.0% in Feb 2021. The series is reported monthly with history from 1986.

The policy interest rate measures the benchmark rate set by the central bank, influencing short-term interbank rates and overall monetary conditions. It is reported as an annualized percentage rate on a monthly basis. The series for Brazil dates back to June 1986.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Brazil Interest Rate FAQ