The value of loans in Brazil was down 0.1% over a month to BRL 5.319 trillion in February 2023, following a 0.3% decrease in the previous month. Loans to companies decreased by 0.7%, while credit to families rose by 0.4%. Meanwhile, a broad measure of Brazilian consumer and business default ratios remained unchanged at 4.5%. Year-on-year, total credit was 12.6%, down from 13.8% in January. source: Banco Central do Brasil
Loan Growth in Brazil averaged 1.03 percent from 2007 until 2023, reaching an all time high of 3.70 percent in September of 2008 and a record low of -1.00 percent in January of 2017. This page provides the latest reported value for - Brazil Loan Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Loan Growth - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
Loan Growth in Brazil is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Loan Growth is projected to trend around 2.00 percent in 2024, according to our econometric models.