Lending Interest Rates Statistics in Trinidad and Tobago (2026)
In 2024, the average lending interest rate in Trinidad and Tobago stood at 7.5%, according to World Bank World Development Indicators data. Essentially no change from 7.5% in 2023 to 7.5% in 2024. Trinidad and Tobago ranks #11 of 29 economies in Latin America & Caribbean on this measure, and #40 of 112 globally.
Key Statistics
- Latest value (2024)
- 7.5% (2024)
- Lending 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 7.5% in 2023 to 7.5% in 2024.
- Earliest value in this dataset (1990)
- 12.9% (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 12.9% in 1990 to 7.5% in 2024.
- Peak value (1998)
- 17.3% (1998)
- Highest value in the available series; the 2024 value is 7.5%.
- Rank in Latin America & Caribbean (lower is better; rank 1 = lowest)
- #11 of 29 (2024)
- Trinidad and Tobago ranks 11 of 29 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)
- #40 of 112 (2024)
- Trinidad and Tobago ranks 40 of 112 countries with data globally. Ranked ascending because lower values are better for this metric.
- Latin America & Caribbean average
- 12.6% (2024)
- Trinidad and Tobago (7.5%) is below the average of 12.6% across the 29 countries in Latin America & Caribbean with data.
- Risk premium on lending (lending rate minus treasury bill rate, %) (2024)
- 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 | % | Change |
|---|---|---|
| 2024 | 7.5% | −0.0 pp |
| 2023 | 7.5% | +0.0 pp |
| 2022 | 7.5% | +0.1 pp |
| 2021 | 7.4% | +0.9 pp |
| 2020 | 6.6% | −2.7 pp |
| 2019 | 9.3% | +0.2 pp |
| 2018 | 9.1% | +0.1 pp |
| 2017 | 9% | +0.0 pp |
| 2016 | 9% | +0.8 pp |
| 2015 | 8.2% | +0.7 pp |
| 2014 | 7.5% | +0.0 pp |
| 2013 | 7.5% | −0.2 pp |
| 2012 | 7.7% | −0.3 pp |
| 2011 | 8% | −1.3 pp |
| 2010 | 9.3% | −2.7 pp |
| 2009 | 11.9% | −0.5 pp |
| 2008 | 12.4% | +0.7 pp |
| 2007 | 11.8% | +0.8 pp |
| 2006 | 10.9% | +1.8 pp |
| 2005 | 9.1% | −0.2 pp |
| 2004 | 9.3% | −1.9 pp |
| 2003 | 11.2% | −1.3 pp |
| 2002 | 12.5% | −3.2 pp |
| 2001 | 15.7% | −0.8 pp |
| 2000 | 16.5% | −0.5 pp |
| 1999 | 17% | −0.3 pp |
| 1998 | 17.3% | +2.0 pp |
| 1997 | 15.3% | −0.5 pp |
| 1996 | 15.8% | +0.6 pp |
| 1995 | 15.2% | −0.8 pp |
| 1994 | 16% | +0.5 pp |
| 1993 | 15.5% | +0.2 pp |
| 1992 | 15.3% | +2.2 pp |
| 1991 | 13.2% | +0.3 pp |
| 1990 | 12.9% | — |
Frequently asked questions
What is the latest figure for average lending interest rate in Trinidad and Tobago?
The average lending interest rate in Trinidad and Tobago stood at 7.5% in 2024, according to World Bank World Development Indicators data.
How does Trinidad and Tobago compare with other countries in Latin America & Caribbean?
Trinidad and Tobago ranks 11 of 29 countries in Latin America & Caribbean with data (ranked ascending; lower is better), with 7.5% versus a regional average of 12.6% (latest values per country).
Where does Trinidad and Tobago rank globally on lending interest rates?
Trinidad and Tobago ranks 40 of 112 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
When did lending interest rates in Trinidad and Tobago peak?
The highest value in the available series was 17.3% in 1998; the latest (2024) value is 7.5%.
How recent is the lending 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.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LEND, 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 .