Deposit Interest Rates Statistics in Bahamas (2026)
According to World Bank World Development Indicators data, the average deposit interest rate in the Bahamas came to 0.5% in 2024. Essentially no change from 0.5% in 2023 to 0.5% in 2024. Bahamas ranks #29 of 30 economies in Latin America & Caribbean on this measure, and #101 of 113 globally.
Key Statistics
- Latest value (2024)
- 0.5% (2024)
- Deposit Interest Rates in the Bahamas as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- 0 pp (2024)
- Essentially no change from 0.5% in 2023 to 0.5% in 2024.
- Earliest value in this dataset (1990)
- 6.6% (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 6.6% in 1990 to 0.5% in 2024.
- Peak value (1991)
- 6.9% (1991)
- Highest value in the available series; the 2024 value is 0.5%.
- Rank in Latin America & Caribbean
- #29 of 30 (2024)
- The Bahamas ranks 29 of 30 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #101 of 113 (2024)
- The Bahamas ranks 101 of 113 countries with data globally.
- Latin America & Caribbean average
- 5.8% (2024)
- The Bahamas (0.5%) is below the average of 5.8% across the 30 countries in Latin America & Caribbean with data.
- Interest rate spread (lending rate minus deposit rate, %) (2024)
- 3.7% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in the Bahamas (2024)
- 92.5% (2024)
- 92.5% of the population in the Bahamas used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 401,283 (2024)
- The Bahamas had a population of 401,283 in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | % | Change |
|---|---|---|
| 2024 | 0.5% | +0.0 pp |
| 2023 | 0.5% | +0.0 pp |
| 2022 | 0.5% | −0.0 pp |
| 2021 | 0.5% | +0.1 pp |
| 2020 | 0.5% | −0.1 pp |
| 2019 | 0.6% | −0.3 pp |
| 2018 | 0.8% | −0.2 pp |
| 2017 | 1% | −0.2 pp |
| 2016 | 1.2% | −0.2 pp |
| 2015 | 1.4% | −0.0 pp |
| 2014 | 1.4% | −0.3 pp |
| 2013 | 1.7% | −0.3 pp |
| 2012 | 2% | −0.6 pp |
| 2011 | 2.6% | −0.8 pp |
| 2010 | 3.4% | −0.3 pp |
| 2009 | 3.8% | −0.1 pp |
| 2008 | 3.9% | +0.2 pp |
| 2007 | 3.7% | +0.3 pp |
| 2006 | 3.4% | +0.1 pp |
| 2005 | 3.2% | −0.6 pp |
| 2004 | 3.8% | −0.1 pp |
| 2003 | 3.9% | −0.3 pp |
| 2002 | 4.3% | +0.0 pp |
| 2001 | 4.2% | +0.2 pp |
| 2000 | 4.1% | −0.5 pp |
| 1999 | 4.6% | −0.8 pp |
| 1998 | 5.4% | +0.1 pp |
| 1997 | 5.2% | +0.1 pp |
| 1996 | 5.1% | +0.9 pp |
| 1995 | 4.2% | −0.1 pp |
| 1994 | 4.3% | −0.9 pp |
| 1993 | 5.2% | −0.9 pp |
| 1992 | 6.1% | −0.8 pp |
| 1991 | 6.9% | +0.3 pp |
| 1990 | 6.6% | — |
Frequently asked questions
What is the latest figure for average deposit interest rate in the Bahamas?
The average deposit interest rate in the Bahamas stood at 0.5% in 2024, according to World Bank World Development Indicators data.
When did deposit interest rates in the Bahamas peak?
The highest value in the available series was 6.9% in 1991; the latest (2024) value is 0.5%.
How recent is the deposit interest rates data for the Bahamas?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for the Bahamas.
Where does the deposit interest rates data for the Bahamas come from?
The data comes from the World Bank World Development Indicators (indicator FR.INR.DPST). The latest observation for the Bahamas is from 2024; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.DPST, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .