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
- Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
- 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 |
Download data from our database Other resources: All indicators for Trinidad and Tobago All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 1.0 | 2025 | percent |
| Exchange rate regimes | 6 | 2023 | index points |
| USD exchange rate | 6.7768 | 8/2026 | Local Currency Units per USD |
| Money supply (broad money) | 93.79 | 11/2024 | billion |
| Consumer Price Index (CPI) | 124.7000 | 12/2024 | index points |
| Inflation, monthly | 0.08 | 12/2024 | percent |
| Inflation, annual | 0.48 | 12/2024 | percent |
| Private sector credit | 83.28 | 1/2026 | billion |
| Business credit | 25.23 | 1/2026 | billion |
| Household credit | 58.05 | 1/2026 | billion |
| Mortgage credit | 20.14 | 12/2024 | billion |
| Consumer credit | 25.31 | 1/2026 | billion |
| Deposit interest rate | 0.50 | Q1/2024 | percent |
| Mortgage credit interest rate | 7.25 | Q1/2024 | percent |