The central bank of Paraguay left the benchmark interest rate unchanged at 4.75 percent at its 22 May 2019 meeting, after leaving it unchanged in its April meeting. Policymakers said that the decision is compatible with the convergence of the inflation rate to the target of 4 percent in the forecast horizon. Policymakers underscored that the regional growth outlook has turned dimmer since the previous meeting and cautioned that domestic inflation rose to a 4-month high of 3.1 percent in April. Interest Rate in Paraguay averaged 5.97 percent from 2010 until 2019, 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 4.75 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 5.00 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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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-22 08:30 PM Interest Rate Decision 5.00% 5.25% 5.25%
2019-03-22 08:50 PM Interest Rate Decision 4.75% 5.00% 5%
2019-04-24 11:00 PM Interest Rate Decision 4.75% 4.75% 4.75%
2019-05-22 10:00 PM Interest Rate Decision 4.75% 4.75% 4.75%
2019-06-21 08:00 PM Interest Rate Decision 4.75% 4.75%
2019-07-22 08:00 PM Interest Rate Decision 4.75%
2019-08-21 08:00 PM Interest Rate Decision 4.75%


Paraguay Money Last Previous Highest Lowest Unit
Interest Rate 4.75 4.75 8.50 3.50 percent [+]
Deposit Interest Rate 3.94 3.76 23.12 1.21 percent [+]
Loans To Private Sector 70813244.00 70326370.00 70813244.00 2400540.00 PYG Million [+]
Money Supply M0 12173014.00 12156439.00 13756571.00 567255.00 Million PYG [+]
Money Supply M1 29276637.00 29105904.00 30155797.00 827172.00 Million PYG [+]
Money Supply M2 49556041.00 49377691.00 49724754.00 1459962.00 Million PYG [+]
Money Supply M3 87195228.00 86418995.00 87195228.00 2613624.00 Million PYG [+]
Foreign Exchange Reserves 7080.00 7181.70 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.75 4.75 8.50 3.50 2010 - 2019 percent Daily




Country Last Previous
Argentina 71.22 May/19
Turkey 24.00 Apr/19
Mexico 8.25 May/19
Russia 7.75 Apr/19
South Africa 6.75 Apr/19
Brazil 6.50 May/19
India 6.00 Apr/19
Indonesia 6.00 May/19
China 4.35 Apr/19
Saudi Arabia 3.00 Apr/19
United States 2.50 May/19
Singapore 2.24 Mar/19
Canada 1.75 Apr/19
South Korea 1.75 Apr/19
Australia 1.50 May/19
United Kingdom 0.75 May/19
Euro Area 0.00 Apr/19
France 0.00 Apr/19
Germany 0.00 Apr/19
Italy 0.00 Apr/19
Netherlands 0.00 Apr/19
Spain 0.00 Apr/19
Japan -0.10 Apr/19
Switzerland -0.75 Apr/19


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