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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
BrazilBrazil Lending interest rate (%) climbed to 43.6% in January 2023
World BankYearlyReleased January 2023
Brazil Lending interest rate (%) climbed to 43.6% in January 2023, up 4.2% from December's 39.4% reading.
Latest Release
43.60
Latest (2023)
39.40
Previous
World Bank
Source
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → View |
| USD/JPY | ▲ Direct | +0.30 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Lending Interest Rate (%) (Brazil) was reported at 45.33 Percent in December 2025. The reading rose from the previous value of 40.23 Percent. This is classified as a medium-impact indicator released on a yearly basis.
WHY IT MATTERS
In December readings over the past 3 years, Lending Interest Rate (%) has averaged 43.05 Percent.
Auto-generated from current model state · Refreshes on each release · Last update December 2025.
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Lending interest rate (%) - BR
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About Lending interest rate (%) — Brazil
DEFINITION
Brazil's Lending Interest Rate rose to 45.333333% in December 2025, up from 40.225% in December 2024, marking a significant increase. This sharp rise signals tighter credit conditions compared to the previous year. Market participants will closely watch upcoming central bank communications for further policy direction. Updated 7/1/26
WHY THIS INDICATOR MATTERS
Policy-rate decisions and associated communication are the primary near-term driver of front-end rates, currencies, and equity-discount-rate inputs. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.
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EXPECTED ZONE
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