St. Vincent and the Grenadines Deposit Rate
Deposit interest rate FR.INR.DPST
St. Vincent and the Grenadines's deposit rate was 1.03% in 2025, ranked 83rd globally. This represents a 17.8% decrease from 2024. Data from World Bank, covering 1982–2025.
Overview
St. Vincent and the Grenadines's deposit rate stood at 1.03% in 2025, a decline of +0.22pp from 2024. Based on recent trends, this figure is projected to reach 1.03% by 2025. St. Vincent and the Grenadines ranked 83rd globally.
St. Vincent and the Grenadines' deposit rate has experienced a significant decline over the years, with the latest value standing at 1.03% in 2025, ranking 83 globally. This rate has been steadily decreasing from its all-time peak of 5.61% in 1983, when the country's economy was still adjusting to the aftermath of the global recession. In comparison, peer country St. Lucia's deposit rate stood at 1.07% in 2025, while Fiji's rate was lower at 0.83%. The decline in deposit rates may be attributed to the country's shift towards a more liberalized financial sector and increased competition from international banks. As the global economy continues to evolve, St. Vincent and the Grenadines may see a potential increase in deposit rates if it implements policies that encourage local savings and investments, such as tax incentives or targeted financial literacy programs, which could alter the trajectory of this trend.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.74% | - | - |
| 2026* trend | 0.88% | - | - |
| 2025* trend | 1.03% | - | - |
| 2025 | 1.03% | −0.22pp | #83 |
| 2024 | 1.25% | +0.01pp | #14 |
| 2023 | 1.24% | −0.12pp | #19 |
| 2022 | 1.36% | −0.37pp | #27 |
| 2021 | 1.73% | −0.00pp | #49 |
| 2020 | 1.73% | −0.08pp | #42 |
| 2019 | 1.80% | −0.02pp | #40 |
| 2018 | 1.82% | −0.04pp | #41 |
| 2017 | 1.87% | −0.03pp | #46 |
| 2016 | 1.90% | −0.22pp | #45 |
| 2015 | 2.12% | −0.52pp | #45 |
| 2014 | 2.64% | −0.10pp | #57 |
| 2013 | 2.73% | −0.14pp | #45 |
| 2012 | 2.88% | −0.12pp | #43 |
| 2011 | 2.99% | +0.13pp | #42 |
Detected Pattern
Analysis
St. Vincent and the Grenadines matched the Stagflation Risk pattern in 2008. Historically, 38% of countries showing this pattern (117 out of 307) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
St. Vincent and the Grenadines's deposit rate was 1.03% in 2025. Ranked 83rd globally. This represents a 17.8% decrease from the previous year.
St. Vincent and the Grenadines's deposit rate peaked at 5.61% in 1983.
The lowest deposit rate in St. Vincent and the Grenadines was 1.03% in 2025.
St. Vincent and the Grenadines ranks 83rd globally in deposit rate as of 2025.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
St. Vincent and the Grenadines's deposit rate is projected to reach 1.03% by 2025 based on trend extrapolation.
The deposit rate of St. Vincent and the Grenadines in 2025 was 1.03%. This ranks 83rd in the world.
Cite this page
@misc{historysaid_st-vincent-and-the-grenadines_deposit-rate,
title = {St. Vincent and the Grenadines Deposit Rate},
url = {https://historysaid.com/st-vincent-and-the-grenadines/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}