South America Rates

Continent Deposit Rates

South America Deposits by Country

CountryInflationGDPPopulationInterest RateChangeCurrencyLast Updated
Argentina27.6%15,85442,669,50021.90% - ARSSep 2016
Colombia3.4%9,04647,865,6008.27% - COPSep 2016
Costa Rica12,1574,713,1686.05% - CRCSep 2016
Chile3.3%15,00217,819,0544.20% - CLPSep 2016
Panama5.9%14,0973,713,3122.40% - USDSep 2016
Peru3%9,28130,814,1752.25% - PENSep 2016
Trinidad And Tobago5.2%19,7591,328,0191.00% - TTDOct 2016

South America Bank Photos


  • Q: I live in Toronto Canada. Want to open a savings account in Argentina for 1 yr. how do you do it? The procedure? Should I go through the Argentina Embassy in Toronto?

    ReplyAdugna from Scarborough, Canada
    • R: The interest rate may be high, but that inflation is crazy and it could easily go much higher within one year and potentially leave you with a loss at the end of one year. You still have to get your money out of the country at the end of the day. :-)

  • Q: Why don't you publish interests rates for Brasil.

    ReplyAlfredo from Curitiba, Brazil

South America Discussion Activity