The central bank of Paraguay held the benchmark interest rate at 5.25 percent on 22 November 2018 following no change on 23 October 2018. The decision was unanimous. The policy statement highlighted that regional volatility decreased since the last meeting, currency depreciation in Argentina stopped and confidence in Brazil improved, despite still subdued growth prospects. Nonetheless, policymakers also underscored that inflation expectations still remain aligned with the target of 4%. The annual inflation rate in Paraguay rose to 4.1 percent in October of 2018 from 4.0 percent in the previous month. It was the highest inflation rate since June. Interest Rate in Paraguay averaged 6.03 percent from 2010 until 2018, reaching an all time high of 8.50 percent in August of 2011 and a record low of 3.50 percent in November of 2010.

Interest Rate in Paraguay is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Paraguay to stand at 6.00 in 12 months time. In the long-term, the Paraguay Interest Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.

Paraguay Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-23 09:30 PM Interest Rate Decision 5.25% 5.25% 5.25%
2018-09-20 10:15 PM Interest Rate Decision 5.25% 5.25% 5.25%
2018-10-23 10:30 PM Interest Rate Decision 5.25% 5.25% 5.25%
2018-11-22 08:00 PM Interest Rate Decision 5.25% 5.25% 5.25%
2018-12-20 09:00 PM Interest Rate Decision 5.25% 5.5%


Paraguay Money Last Previous Highest Lowest Unit
Interest Rate 5.25 5.25 8.50 3.50 percent [+]
Deposit Interest Rate 3.76 3.51 23.12 1.21 percent [+]
Loans To Private Sector 70813244.00 70326370.00 70813244.00 2400540.00 PYG Million [+]
Money Supply M0 11535551.00 11653348.00 12953653.00 567255.00 Million PYG [+]
Money Supply M1 27264442.00 27765898.00 29017586.00 827172.00 Million PYG [+]
Money Supply M2 45997740.00 46336824.00 46864297.00 1459962.00 Million PYG [+]
Money Supply M3 81286398.00 81240426.00 82512233.00 2613624.00 Million PYG [+]
Foreign Exchange Reserves 6522.00 6575.30 7437.90 256.60 USD Million [+]


Paraguay Interest Rate

In Paraguay, interest rates decisions are taken by the Central Bank of Paraguay (Banco Central del Paraguay). The official interest rate is the 14-day interest rate (la tasa de 14 días). This page provides - Paraguay Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Interest Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.25 5.25 8.50 3.50 2010 - 2018 percent Daily




Country Last Previous
Argentina 59.16 Dec/18
Turkey 24.00 Dec/18
Mexico 8.00 Nov/18
Russia 7.75 Dec/18
South Africa 6.75 Nov/18
Brazil 6.50 Dec/18
India 6.50 Dec/18
Indonesia 6.00 Nov/18
China 4.35 Nov/18
Saudi Arabia 2.75 Nov/18
United States 2.25 Nov/18
Singapore 1.97 Nov/18
Canada 1.75 Dec/18
South Korea 1.75 Nov/18
Australia 1.50 Dec/18
United Kingdom 0.75 Nov/18
Euro Area 0.00 Dec/18
France 0.00 Dec/18
Germany 0.00 Dec/18
Italy 0.00 Dec/18
Netherlands 0.00 Dec/18
Spain 0.00 Dec/18
Japan -0.10 Nov/18
Switzerland -0.75 Dec/18


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