Banco Central do Brasil · Selic target, Selic rate and CDI rate, annualised over 252 business days, end of month
What are the Selic target, the Selic rate and the CDI rate in Brazil?
The month ended : this page lists 3 lines.
Selic target, Selic rate and CDI rate, selic and cdi, each month
- Selic target13.752.00 to 15.00
- Selic rate13.651.90 to 14.90
- CDI rate13.651.90 to 14.90
Each row is one line of the page over the last ten years, one month to a point, on a scale shared by the rows of the tab, with its newest value and its range printed beside it and a dashed line at zero. A gap is a month with no value. Pointing at the chart shows the month and the value.
Observed .
Selic target, Selic rate and CDI rate, change over a year in each month
| Line | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selic target | +3.75 | +2.75 | +1.75 | +1.75 | +0.50 | +0.25 | −0.25 | −0.75 | −0.75 | −1.00 | −1.25 | −1.25 |
| Selic rate | +3.75 | +2.75 | +1.75 | +1.75 | +0.50 | +0.25 | −0.25 | −0.75 | −0.75 | −1.00 | −1.25 | – |
| CDI rate | +3.75 | +2.75 | +1.75 | +1.75 | +0.50 | +0.25 | −0.25 | −0.75 | −0.75 | −1.00 | −1.25 | – |
Each chip is one month's change from the same month a year earlier. The mark in its middle is zero: a fill to the right of it is a rise and a fill to the left a fall. A longer, brighter fill is a larger change, in five steps up to 2.75 and over. Every chip prints its figure and sign. A dash is a month with no figure.
Observed .
Understanding selic and cdi
Where it stands today
The largest change over a year was Selic target, down 1.25 percentage points, in October 2026.
What do the lines of this page measure?
The Copom, the monetary policy committee of the Banco Central do Brasil, sets the target for the Selic, the rate on overnight loans between Brazilian banks against federal government bonds. The Selic rate is the rate those loans actually paid, which the bank reports for each day. The CDI (Certificado de Depósito Interbancário) rate is the average rate of overnight loans between banks that are not secured by government bonds.
Read more
What 500metrics adds: the value at the end of each month, the change over a year of every line, ranked across the page; the last ten years of every line as rows of small charts; and a table of the change over a year in each of the last twelve months.
The numbers behind the chart
What is the latest value of each line?3 lines, in the sections of the page
| Line | Section | Month | Value | Change over a year | Rank |
|---|---|---|---|---|---|
| Selic target | Selic and CDI | 13.75% | −1.25 pts | 1 | |
| Selic rate | Selic and CDI | 13.65% | −1.25 pts | n/a | |
| CDI rate | Selic and CDI | 13.65% | −1.25 pts | n/a |
The table scrolls sideways; the first column stays in place.
What do these figures leave out, and how are they cited?Limits, dates and how to cite
What this number cannot tell you
- The bank reports the Selic target in percent a year and the Selic rate and the CDI rate for one day. The Selic rate here is the bank's own series of the daily rate expressed for a year of 252 business days. The CDI rate here is ours: the bank's rate for one day, compounded for 252 business days: one plus the daily rate (as a fraction of 1), raised to the power 252, minus one, shown in percent and held to six places.
- A month's value is the value of the last day of the month that has one, and a month shows only after the bank has published a day of the month after it. The target begins on 5 March 1999, the Selic rate on 4 June 1986 and the CDI rate on 6 March 1986.
- The changes and the ranks are ours, worked out from the values the bank publishes; a change is in percentage points. The data are offered under the Open Database License, as the bank offers them.
Observed . Checked .
How to cite this
Contains data from Banco Central do Brasil, ODbL, Selic target, Selic rate and CDI rate, annualised over 252 business days, end of month, through October 2026. Compiled by 500metrics, "What are the Selic target, the Selic rate and the CDI rate in Brazil?", https://500metrics.com/brazil-interest-rates.
Can the data be downloaded?brazil-interest-rates.csv
Download the last ten years of every line as CSV: 361 rows, to , 16,456 bytes.
Our text and compilation: CC BY 4.0.
Page updated
Sources
Contains data from Banco Central do Brasil, ODbL (source) Terms: Open Database License 1.0.