
Trinidad and Tobago: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 0.5 percent as of Q1 2024, no change compared to the previous value of 0.5 percent. Historically, the average for Trinidad and Tobago from Q4 2014 to Q1 2024 is 0.64 percent. The minimum of 0.38 percent was recorded in Q1 2023, while the maximum of 0.95 percent was reached in Q1 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Bank of Trinidad and Tobago
Recent values | Trinidad and Tobago: Bank deposit interest rate, percent |
---|---|
2024  Q1 | 0.5 |
2023  Q4 | 0.5 |
2023  Q3 | 0.65 |
2023  Q2 | 0.65 |
2023  Q1 | 0.38 |
2022  Q4 | 0.65 |
2022  Q3 | 0.65 |
2022  Q2 | 0.65 |
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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 | 4.6 | 2023 | percent |
Exchange rate regimes | 6 | 2022 | index points |
USD exchange rate | 6.7894 | 1/2025 | Local Currency Units per USD |
Money supply (broad money) | 102.00 | 8/2024 | billion |
Consumer Price Index (CPI) | 124.1000 | 9/2024 | index points |
Inflation, monthly | 0.16 | 9/2024 | percent |
Inflation, annual | 0.40 | 9/2024 | percent |
Private sector credit | 75.92 | 9/2024 | billion |
Business credit | 22.97 | 9/2024 | billion |
Household credit | 52.96 | 9/2024 | billion |
Mortgage credit | 19.69 | 9/2024 | billion |
Consumer credit | 22.49 | 9/2024 | billion |
Deposit interest rate | 0.50 | Q1/2024 | percent |
Mortgage credit interest rate | 7.25 | Q1/2024 | percent |