The benchmark interest rate in Barbados was last recorded at 2 percent. source: Central Bank Of Barbados

Interest Rate in Barbados averaged 8.63 percent from 1990 until 2022, reaching an all time high of 18 percent in November of 1991 and a record low of 2 percent in April of 2020. This page provides the latest reported value for - Barbados Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Barbados Bank Rate - values, historical data and charts - was last updated on August of 2022.

Interest Rate in Barbados is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Barbados Bank Rate is projected to trend around 3.00 percent in 2023, according to our econometric models.

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Barbados Bank Rate

Related Last Previous Unit Reference
Interest Rate 2.00 2.00 percent Jun 2022
Deposit Interest Rate 0.15 0.15 percent Dec 2021
Foreign Exchange Reserves 3008813.70 2964645.56 BBD Million Jun 2022

Barbados Bank Rate
In Barbados, interest rates decisions are taken by the Central Bank Of Barbados. The official interest rate is the Bank Rate.
Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.00 18.00 2.00 1990 - 2022 percent Monthly