Deposit Interest Rate in Trinidad and Tobago

Deposit Interest Rate in Trinidad and Tobago remained unchanged at 1.50 percent in 2017 from 1.50 percent in 2016. Deposit Interest Rate in Trinidad and Tobago averaged 4.96 percent from 1981 until 2017, reaching an all time high of 8.51 percent in 1999 and a record low of 1.50 percent in 2011.

Deposit Interest Rate in Trinidad and Tobago is expected to be 1.50 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 Trinidad and Tobago is projected to trend around 1.50 percent in 2020, according to our econometric models.

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Trinidad and Tobago Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	5.00	5.00	8.75	2.75	percent	[+]
Deposit Interest Rate	1.50	1.50	8.51	1.50	percent	[+]
Money Supply M0	24054.30	24275.80	35129.40	1663.50	TTD Million	[+]
Money Supply M2	87594.40	87612.60	89425.80	9021.20	TTD Million	[+]
Foreign Exchange Reserves	7311.40	7350.50	11497.10	-233.80	USD Million	[+]
Banks Balance Sheet	138433.00	135952.00	138590.00	11928.80	TTD Million	[+]

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Trinidad and Tobago. Deposit Interest Rate in Trinidad and Tobago - actual data, historical chart and calendar of releases - was last updated on May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.50	1.50	8.51	1.50	1981 - 2017	percent	Yearly

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Country	Last		Previous	Range
Argentina	49.58	May/19	49.58	85.38 : 0	%
Turkey	22.50	Apr/19	22.5	398 : 1.5	%
South Africa	7.12	Feb/19	7.16	21.6 : 5.08	%
Brazil	6.19	Mar/19	5.7	54180 : 5.66	%
Russia	6.12	Mar/19	6.24	102 : 5	%
Indonesia	5.25	May/19	5.25	56 : 3	%
Mexico	3.69	Feb/19	3.71	126 : 0.55	%
Saudi Arabia	3.40	May/19	3.4	9.04 : 0.5	%
South Korea	2.07	Feb/19	2.15	19.5 : 1.37	%
Australia	1.85	Apr/19	1.85	17.25 : 1.85	%
Canada	1.81	May/19	1.81	22.06 : 0.1	%
United Kingdom	0.50	May/19	0.5	4.25 : 0	%
China	0.35	Apr/19	0.35	3.15 : 0.35	%
Singapore	0.20	Apr/19	0.2	12.8 : 0.13	%
Japan	-0.21	May/19	-0.2	16.25 : -0.51	%
Switzerland	-0.31	Mar/19	-0.31	9.75 : -0.34	%
Euro Area	-0.40	Apr/19	-0.4	3.75 : -0.4	%