Barbados: Deposit interest rate

* indicates monthly or quarterly data series
The most recent value is 2 percent as of May 2024, no change compared to the previous value of 2 percent. Historically, the average for Barbados from January 2000 to May 2024 is 2.55 percent. The minimum of 0.05 percent was recorded in August 2018, while the maximum of 6.5 percent was reached in January 2000. Click on the following link to see the values of: Deposit interest rate around the world.
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* indicates monthly or quarterly data series

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Recent values Barbados: Bank deposit interest rate, percent
2024  May 2
2024  Apr 2
2024  Mar 2
2024  Feb 2
2024  Jan 2
2023  Dec 2
2023  Nov 2
2023  Oct 2


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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.

 Related indicators Latest Reference Measure
 Inflation 9.8 2023 percent
 Exchange rate regimes 3 2022 index points
 USD exchange rate 2.0187 10/2024 Local Currency Units per USD
 Money supply (broad money) 14.46 4/2024 billion
 Consumer Price Index (CPI) 115.4000 2/2024 index points
 Inflation, monthly 0.35 2/2024 percent
 Inflation, annual 4.15 2/2024 percent
 Private sector credit 5.87 6/2024 billion
 Business credit 2.29 6/2024 billion
 Household credit 3.58 6/2024 billion
 Deposit interest rate 2.00 5/2024 percent
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