Lending interest rate — all countries

Lending interest rate — Barbados

Lending interest rate in Barbados in 2022 — 8.05%. Ranked 46 in the world out of 97. Since 1981, the indicator has fallen by 3.41 pp.

2022 8.05% +0 pp vs 2021
World rank 46of 97
Period maximum 13.54%1992
Period minimum 8.05%2016

Trend over time

1981–2022 · % per annum

Lending interest rate — Barbados, 1981–202281012141981198619911996200120062011201620211981: 11.46%1982: 13.38%1983: 11.79%1984: 11.5%1985: 10.56%1986: 9.06%1987: 8.75%1988: 9.44%1989: 9.92%1990: 11.42%1991: 12.42%1992: 13.54%1993: 8.92%1994: 9.08%1995: 10%1996: 10%1997: 9.83%1998: 9.75%1999: 9.4%2000: 10.19%2001: 9.58%2002: 8.5%2003: 8.5%2004: 8.33%2005: 9.17%2006: 10.29%2007: 10.76%2008: 10.03%2009: 9.2%2010: 8.7%2011: 8.7%2012: 8.7%2013: 8.7%2014: 8.38%2015: 8.06%2016: 8.05%2017: 8.05%2018: 8.05%2019: 8.05%2020: 8.05%2021: 8.05%2022: 8.05%
Change over the period: −3.41 pp Annual average: -0.08 pp
Lending interest rate — Barbados, by year Barbados All countries CSV XLSX
Year % Change, pp
2022 8.05 +0 pp
2021 8.05 +0 pp
2020 8.05 +0 pp
2019 8.05 +0 pp
2018 8.05 +0 pp
2017 8.05 +0 pp
2016 8.05 −0.01 pp
2015 8.06 −0.33 pp
2014 8.38 −0.32 pp
2013 8.7 +0 pp
2012 8.7 +0 pp
2011 8.7 +0 pp
2010 8.7 −0.5 pp
2009 9.2 −0.83 pp
2008 10.03 −0.73 pp
2007 10.76 +0.47 pp
2006 10.29 +1.13 pp
2005 9.17 +0.83 pp
2004 8.33 −0.17 pp
2003 8.5 +0 pp
2002 8.5 −1.08 pp
2001 9.58 −0.6 pp
2000 10.19 +0.79 pp
1999 9.4 −0.35 pp
1998 9.75 −0.08 pp
1997 9.83 −0.17 pp
1996 10 +0 pp
1995 10 +0.92 pp
1994 9.08 +0.17 pp
1993 8.92 −4.63 pp
1992 13.54 +1.13 pp
1991 12.42 +1 pp
1990 11.42 +1.5 pp
1989 9.92 +0.48 pp
1988 9.44 +0.69 pp
1987 8.75 −0.31 pp
1986 9.06 −1.5 pp
1985 10.56 −0.94 pp
1984 11.5 −0.29 pp
1983 11.79 −1.58 pp
1982 13.38 +1.92 pp
1981 11.46

About the indicator

The average rate at which banks extend short- and medium-term credit to the private sector. The methodology differs across countries — different maturities, types of borrower, collateral — so levels are not strictly comparable; the movement within a country, on the other hand, is telling and tracks the decisions of the central bank closely.

Important: There are no aggregates for country groups: rates can only be averaged by the volume of credit, and we have no such series. The difference between the lending and the deposit rate is the interest spread, an indirect measure of the efficiency of a banking system.

Source: World Economic Outlook (IMF), license IMF open data.