Deposit interest rate in Trinidad and Tobago in 2024 — 1.5%. Ranked 73 in the world out of 90. Since 1985, the indicator has fallen by 3.81 pp.
1985–2024 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 2024 | 1.5 | +0 pp |
| 2023 | 1.5 | +0 pp |
| 2022 | 1.5 | +0 pp |
| 2021 | 1.5 | +0 pp |
| 2020 | 1.5 | +0 pp |
| 2019 | 1.5 | +0 pp |
| 2018 | 1.5 | +0 pp |
| 2017 | 1.5 | +0 pp |
| 2016 | 1.5 | +0 pp |
| 2015 | 1.5 | +0 pp |
| 2014 | 1.5 | +0 pp |
| 2013 | 1.5 | +0 pp |
| 2012 | 1.5 | +0 pp |
| 2011 | 1.5 | −0 pp |
| 2010 | 1.51 | −1.91 pp |
| 2009 | 3.42 | −3.95 pp |
| 2008 | 7.37 | +1.47 pp |
| 2007 | 5.9 | +1.11 pp |
| 2006 | 4.79 | +2.59 pp |
| 2005 | 2.2 | −0.59 pp |
| 2004 | 2.79 | −0.12 pp |
| 2003 | 2.91 | −1.85 pp |
| 2002 | 4.76 | −2.9 pp |
| 2001 | 7.66 | −0.49 pp |
| 2000 | 8.15 | −0.36 pp |
| 1999 | 8.51 | +0.56 pp |
| 1998 | 7.95 | +1.04 pp |
| 1997 | 6.91 | −1.03 pp |
| 1996 | 7.94 | +1.53 pp |
| 1995 | 6.42 | −0.49 pp |
| 1994 | 6.91 | −0.16 pp |
| 1993 | 7.06 | +0.08 pp |
| 1992 | 6.99 | +1.2 pp |
| 1991 | 5.79 | −0.16 pp |
| 1990 | 5.96 | −0.32 pp |
| 1989 | 6.28 | +0.24 pp |
| 1988 | 6.04 | +0 pp |
| 1987 | 6.03 | −0 pp |
| 1986 | 6.04 | +0.72 pp |
| 1985 | 5.31 | — |
The same indicator for neighboring countries — with links to their pages
The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.
Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.
Source: World Economic Outlook (IMF), license IMF open data.
The average rate at which banks lend to businesses and households.
Finance Real interest rateThe lending rate less inflation — the true cost of borrowed money.
Economy Consumer price inflationThe annual change in the consumer price index, in percent.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Finance Current account balance (World Bank)The current account balance as a percent of GDP from World Bank data.
Finance Broad money (% of GDP)The amount of money in the economy as a percent of GDP — the depth of the financial system.
