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. 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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  • 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
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