Deposit Interest Rates Statistics in Trinidad and Tobago (2026)
As of 2024, the average deposit interest rate in Trinidad and Tobago was 1.5%, per World Bank World Development Indicators data. Essentially no change from 1.5% in 2023 to 1.5% in 2024. Trinidad and Tobago ranks #23 of 30 economies in Latin America & Caribbean on this measure, and #91 of 113 globally.
Key Statistics
- Latest value (2024)
- 1.5% (2024)
- Deposit Interest Rates 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 1.5% in 2023 to 1.5% in 2024.
- Earliest value in this dataset (1990)
- 6% (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 6% in 1990 to 1.5% in 2024.
- Peak value (1999)
- 8.5% (1999)
- Highest value in the available series; the 2024 value is 1.5%.
- Rank in Latin America & Caribbean
- #23 of 30 (2024)
- Trinidad and Tobago ranks 23 of 30 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #91 of 113 (2024)
- Trinidad and Tobago ranks 91 of 113 countries with data globally.
- Latin America & Caribbean average
- 5.8% (2024)
- Trinidad and Tobago (1.5%) 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)
- 6% (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 | % | Change |
|---|---|---|
| 2024 | 1.5% | +0.0 pp |
| 2023 | 1.5% | +0.0 pp |
| 2022 | 1.5% | +0.0 pp |
| 2021 | 1.5% | +0.0 pp |
| 2020 | 1.5% | +0.0 pp |
| 2019 | 1.5% | +0.0 pp |
| 2018 | 1.5% | +0.0 pp |
| 2017 | 1.5% | +0.0 pp |
| 2016 | 1.5% | +0.0 pp |
| 2015 | 1.5% | +0.0 pp |
| 2014 | 1.5% | +0.0 pp |
| 2013 | 1.5% | +0.0 pp |
| 2012 | 1.5% | +0.0 pp |
| 2011 | 1.5% | −0.0 pp |
| 2010 | 1.5% | −1.9 pp |
| 2009 | 3.4% | −4.0 pp |
| 2008 | 7.4% | +1.5 pp |
| 2007 | 5.9% | +1.1 pp |
| 2006 | 4.8% | +2.6 pp |
| 2005 | 2.2% | −0.6 pp |
| 2004 | 2.8% | −0.1 pp |
| 2003 | 2.9% | −1.8 pp |
| 2002 | 4.8% | −2.9 pp |
| 2001 | 7.7% | −0.5 pp |
| 2000 | 8.2% | −0.4 pp |
| 1999 | 8.5% | +0.6 pp |
| 1998 | 8% | +1.0 pp |
| 1997 | 6.9% | −1.0 pp |
| 1996 | 7.9% | +1.5 pp |
| 1995 | 6.4% | −0.5 pp |
| 1994 | 6.9% | −0.2 pp |
| 1993 | 7.1% | +0.1 pp |
| 1992 | 7% | +1.2 pp |
| 1991 | 5.8% | −0.2 pp |
| 1990 | 6% | — |
Frequently asked questions
What is the latest figure for average deposit interest rate in Trinidad and Tobago?
The average deposit interest rate in Trinidad and Tobago stood at 1.5% in 2024, according to World Bank World Development Indicators data.
How recent is the deposit interest rates data for Trinidad and Tobago?
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 Trinidad and Tobago.
Where does the deposit interest rates data for Trinidad and Tobago come from?
The data comes from the World Bank World Development Indicators (indicator FR.INR.DPST). The latest observation for Trinidad and Tobago is from 2024; the snapshot was retrieved on 2026-06-10.
How has deposit interest rates in Trinidad and Tobago changed over time?
World Bank World Development Indicators data show a decline from 6% in 1990 to 1.5% in 2024.
How does Trinidad and Tobago compare with other countries in Latin America & Caribbean?
Trinidad and Tobago ranks 23 of 30 countries in Latin America & Caribbean with data, with 1.5% versus a regional average of 5.8% (latest values per country).
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 .