Deposit Interest Rate in Barbados decreased to 0.15 percent in 2018 from 0.19 percent in 2017. Deposit Interest Rate in Barbados averaged 4.12 percent from 1980 until 2018, reaching an all time high of 8.83 percent in 1982 and a record low of 0.15 percent in 2018.

Deposit Interest Rate in Barbados is expected to be 0.15 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Barbados is projected to trend around -0.85 percent in 2020, according to our econometric models.


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Deposit Interest Rate in Barbados

Actual Previous Highest Lowest Dates Unit Frequency
0.15 0.19 8.83 0.15 1980 - 2018 percent Yearly


Deposit Interest Rate in Barbados
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.

Barbados Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 18.00 7.00 percent [+]
Deposit Interest Rate 0.15 0.19 8.83 0.15 percent [+]
Foreign Exchange Reserves 1227290.73 1225593.10 1380967.54 127861.17 BDS Million [+]