Policy rates: Japan vs Brazil

Japan1.25%

Brazil13.75%

Difference+1250 bp

Widest gap+26.35%2003-02

JapanBrazil

Gap at year end

2026+12.5%

2025+14.25%

2024+12%

2023+11.85%

2022+13.85%

2021+9.35%

2020+2.1%

2019+4.6%

2018+6.6%

2017+7.1%

2016+13.85%

2015+14.2%

2014+11.7%

2013+9.95%

2012+7.2%

2011+10.95%

2010+10.7%

2009+8.65%

2008+13.65%

2007+10.75%

2006+13%

2005+17.85%

2004+17.6%

2003+16.35%

2002+24.85%

2001+18.85%

2000+15.5%

Daily policy-rate data compiled by the BIS. Not investment advice. Compared at month ends.