Bank Interest Rate Spread Statistics in Trinidad and Tobago (2026)
As of 2024, the bank interest rate spread in Trinidad and Tobago was 6 percentage points, per World Bank World Development Indicators data. Essentially no change from 6 percentage points in 2023 to 6 percentage points in 2024. Trinidad and Tobago ranks #15 of 28 economies in Latin America & Caribbean on this measure, and #62 of 105 globally.
Key Statistics
- Latest value (2024)
- 6 percentage points (2024)
- Bank Interest Rate Spread in Trinidad and Tobago as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- 0 pp (2024)
- Essentially no change from 6 percentage points in 2023 to 6 percentage points in 2024.
- Earliest value in this dataset (1990)
- 6.9 percentage points (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 6.9 percentage points in 1990 to 6 percentage points in 2024.
- Peak value (1998)
- 9.4 percentage points (1998)
- Highest value in the available series; the 2024 value is 6 percentage points.
- Rank in Latin America & Caribbean (lower is better; rank 1 = lowest)
- #15 of 28 (2024)
- Trinidad and Tobago ranks 15 of 28 countries in Latin America & Caribbean with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #62 of 105 (2024)
- Trinidad and Tobago ranks 62 of 105 countries with data globally. Ranked ascending because lower values are better for this metric.
- Latin America & Caribbean average
- 7 percentage points (2024)
- Trinidad and Tobago (6 percentage points) is below the average of 7 percentage points across the 28 countries in Latin America & Caribbean with data.
- Lending interest rate (%) (2024)
- 7.5% (2024)
- Related indicator from World Bank World Development Indicators.
- Deposit interest rate (%) (2024)
- 1.5% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Trinidad and Tobago (2024)
- 82.2% (2024)
- 82.2% of the population in Trinidad and Tobago used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 1.4 million (2024)
- Trinidad and Tobago had a population of 1.4 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | percentage points | Change |
|---|---|---|
| 2024 | 6 | −0.3% |
| 2023 | 6 | +0.5% |
| 2022 | 6 | +0.9% |
| 2021 | 5.9 | +17.5% |
| 2020 | 5.1 | −34.8% |
| 2019 | 7.8 | +2.1% |
| 2018 | 7.6 | +1.3% |
| 2017 | 7.5 | +0.0% |
| 2016 | 7.5 | +12.2% |
| 2015 | 6.7 | +11.4% |
| 2014 | 6 | +0.0% |
| 2013 | 6 | −3.4% |
| 2012 | 6.2 | −4.0% |
| 2011 | 6.5 | −16.8% |
| 2010 | 7.8 | −8.7% |
| 2009 | 8.5 | +68.1% |
| 2008 | 5.1 | −13.4% |
| 2007 | 5.8 | −4.5% |
| 2006 | 6.1 | −11.3% |
| 2005 | 6.9 | +5.9% |
| 2004 | 6.5 | −21.0% |
| 2003 | 8.3 | +6.9% |
| 2002 | 7.7 | −3.6% |
| 2001 | 8 | −4.1% |
| 2000 | 8.3 | −2.1% |
| 1999 | 8.5 | −9.0% |
| 1998 | 9.4 | +11.3% |
| 1997 | 8.4 | +7.3% |
| 1996 | 7.9 | −10.3% |
| 1995 | 8.8 | −3.5% |
| 1994 | 9.1 | +7.5% |
| 1993 | 8.4 | +1.1% |
| 1992 | 8.3 | +13.1% |
| 1991 | 7.4 | +6.7% |
| 1990 | 6.9 | — |
Frequently asked questions
What is the latest figure for bank interest rate spread in Trinidad and Tobago?
The bank interest rate spread in Trinidad and Tobago stood at 6 percentage points in 2024, according to World Bank World Development Indicators data.
Where does Trinidad and Tobago rank globally on bank interest rate spread?
Trinidad and Tobago ranks 62 of 105 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
When did bank interest rate spread in Trinidad and Tobago peak?
The highest value in the available series was 9.4 percentage points in 1998; the latest (2024) value is 6 percentage points.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LNDP, 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 .