Deposit Interest Rate in Trinidad and Tobago remained unchanged at 1.50 percent in 2018 from 1.50 percent in 2017.

Deposit Interest Rate in Trinidad and Tobago averaged 4.87 percent from 1981 until 2018, reaching an all time high of 8.51 percent in 1999 and a record low of 1.50 percent in 2011. This page includes a chart with historical data for Deposit Interest Rate in Trinidad and Tobago. Deposit Interest Rate in Trinidad and Tobago - values, historical data and charts - was last updated on July of 2020.

Deposit Interest Rate in Trinidad and Tobago is expected to reach 1.50 percent by the end of 2020, 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 2021 and 1.75 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Trinidad and Tobago

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.50 8.51 1.50 1981 - 2018 percent Yearly

Trinidad and Tobago Money Last Previous Highest Lowest Unit
Interest Rate 3.50 3.50 8.75 2.75 percent [+]
Deposit Interest Rate 1.50 1.50 8.51 1.50 percent [+]
Money Supply M0 24130.80 25644.30 35129.40 1663.50 TTD Million [+]
Money Supply M2 90155.30 89475.20 90155.30 9021.20 TTD Million [+]
Foreign Exchange Reserves 6563.20 6625.50 11497.10 -233.80 USD Million [+]
Banks Balance Sheet 148173.00 149077.00 149077.00 11928.80 TTD Million [+]


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