The benchmark interest rate in Barbados was last recorded at 2.93 percent. Interest Rate in Barbados averaged 3.99 percent from 1990 until 2018, reaching an all time high of 7.80 percent in May of 1992 and a record low of 1.76 percent in December of 2015.
Interest Rate in Barbados is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Barbados to stand at 3.40 in 12 months time. In the long-term, the Barbados Interest Rate is projected to trend around 4.00 percent in 2020, according to our econometric models.