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Paraguay Interest Rate

Paraguay's interest rate held steady at 6% in September 2025, matching the 6% rate from August 2025. This stability aligns with the Central Bank of Paraguay's objective of maintaining price stability, supported by inflation within its target range. Strong domestic economic performance including consistent expansion in services, manufacturing and construction, reinforced the decision to keep monetary policy unchanged. Economic indicators suggest the monetary policy rate is expected to remain at its current level through the end of 2025. Paraguay's record low interest rate was 0.75% in June 2020 and record high was 8.5% in September 2022.

Historical Data (2015-2025)

(in %)
Date Interest Rate
Sep 24, 2025 6%
Aug 23, 2025 6%
Jul 22, 2025 6%
Jun 24, 2025 6%
May 23, 2025 6%
Apr 23, 2025 6%
Mar 21, 2025 6%
Jan 23, 2025 6%
Dec 19, 2024 6%
Oct 21, 2024 6%
Sep 20, 2024 6%
Aug 22, 2024 6%
Jul 22, 2024 6%
Jun 20, 2024 6%
Apr 22, 2024 6%
Mar 21, 2024 6%
Jan 19, 2024 6.5%
Dec 20, 2023 6.75%
Nov 22, 2023 7.25%
Oct 24, 2023 7.75%
Sep 20, 2023 8%
Aug 23, 2023 8.25%
Jul 21, 2023 8.5%
May 23, 2023 8.5%
Apr 21, 2023 8.5%
Feb 22, 2023 8.5%
Jan 24, 2023 8.5%
Dec 20, 2022 8.5%
Nov 22, 2022 8.5%
Oct 21, 2022 8.5%
Aug 23, 2022 8.25%
Jul 22, 2022 8%
Jun 21, 2022 7.75%
May 20, 2022 7.25%
Mar 22, 2022 6.25%
Feb 22, 2022 5.75%
Jan 21, 2022 5.5%
Nov 22, 2021 4%
Oct 21, 2021 2.75%
Aug 23, 2021 1%
Jul 22, 2021 0.75%
May 24, 2021 0.75%
Apr 22, 2021 0.75%
Jan 31, 2021 0.75%
Dec 21, 2020 0.75%
Nov 23, 2020 0.75%
Oct 22, 2020 0.75%
Aug 24, 2020 0.75%
Jul 23, 2020 0.75%
Jun 22, 2020 0.75%
May 21, 2020 1.25%
Mar 30, 2020 2.25%
Mar 16, 2020 3.25%
Mar 13, 2020 3.75%
Feb 24, 2020 4%
Jan 23, 2020 4%
Dec 20, 2019 4%
Nov 22, 2019 4%
Oct 21, 2019 4%
Sep 23, 2019 4%
Aug 21, 2019 4.25%
Jun 21, 2019 4.75%
May 22, 2019 4.75%
Apr 24, 2019 4.75%
Mar 22, 2019 4.75%
Feb 22, 2019 5%
Jan 21, 2019 5.25%
Dec 20, 2018 5.25%
Oct 23, 2018 5.25%
Sep 20, 2018 5.25%
Jul 24, 2018 5.25%
Jun 21, 2018 5.25%
Apr 24, 2018 5.25%
Mar 21, 2018 5.25%
Jan 23, 2018 5.25%
Dec 17, 2017 5.25%
Oct 24, 2017 5.25%
Sep 17, 2017 5.25%
Jul 20, 2017 5.5%
Jun 21, 2017 5.5%
May 24, 2017 5.5%
Apr 25, 2017 5.5%
Mar 22, 2017 5.5%
Feb 19, 2017 5.5%
Jan 20, 2017 5.5%
Dec 17, 2016 5.5%
Oct 20, 2016 5.5%
Sep 21, 2016 5.5%
Aug 20, 2016 5.5%
Jul 21, 2016 5.5%
Jun 18, 2016 5.75%
May 24, 2016 5.75%
Apr 21, 2016 6%
Mar 19, 2016 6%
Jan 20, 2016 6%
Dec 17, 2015 5.75%
Oct 20, 2015 5.75%
Sep 17, 2015 5.75%

Recent Events

datetime event actual previous consensus
2025-09-23 04:00 PM Interest Rate Decision 6% 6% -
2025-08-22 04:00 PM Interest Rate Decision 6% 6% -

Next Release Date :

Paraguay Interest Rate : Definition
The Interest Rate set by the Central Bank of Paraguay is the benchmark cost of borrowing in the economy. It influences lending, spending, investment, inflation, and overall financial stability.