Interest rate on bank deposits rose 0% to 1.50% in Trinidad and Tobago in 2021, according to the National Central Bank.
Historically, interest rate on bank deposits in Trinidad and Tobago reached an all time high of 8.51% in 1999 and an all time low of 1.50% in 2021.
Trinidad and Tobago has been ranked 64th within the group of 96 countries we follow in terms of interest rate on bank deposits, 61 places above the position seen 10 years ago.
Interest Rate on Bank Deposits (Local Currency) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Brazil | % | 12.6% | 12.4% | 8.51% | 6.87% | 5.43% | ||||||||||||||||
Colombia | % | 4.58% | 6.78% | 5.99% | 4.71% | 4.50% | ||||||||||||||||
Dominican Republic | % | 6.43% | 6.69% | 6.00% | 6.01% | 6.12% | ||||||||||||||||
Guyana | % | 1.11% | 1.17% | 1.05% | 0.994% | 0.878% | ||||||||||||||||
Haiti | % | 4.29% | 5.64% | 5.41% | 6.13% | 7.89% | ||||||||||||||||
Jamaica | % | 3.89% | 3.56% | 3.71% | 3.02% | 2.55% | ||||||||||||||||
Puerto Rico | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Suriname | % | 7.53% | 8.08% | 9.05% | 9.24% | 8.99% | ||||||||||||||||
Trinidad and Tobago | % | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% | ||||||||||||||||
USA | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Venezuela | % | 14.9% | 15.1% | 14.7% | ... | ... | ... | ... |