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Trinidad and Tobago Deposit Rate

Deposit interest rate  FR.INR.DPST

Trinidad and Tobago's deposit rate was 1.50% in 2025, ranked 76th globally. This represents a 0.0% increase from 2024. Data from World Bank, covering 1985–2025.

1.50% +0.00pp (+0.0%)
Year 2025 Rank #76 Global Peak 8.51% (1999) Source World Bank

Trinidad and Tobago Deposit Rate (1985–2025)

Overview

Trinidad and Tobago's deposit rate stood at 1.50% in 2025, a rise of +0.00pp from 2024. Based on recent trends, this figure is projected to reach 1.50% by 2025. Trinidad and Tobago ranked 76th globally.

Trinidad and Tobago’s deposit rate has fallen sharply over the 41‑year series, slipping from an early‑record 5.31 % in 1985 to a historic low of 1.50 % in 2025, which also represents the all‑time trough. The peak of 8.51 % was reached in 1999, reflecting a period of tighter monetary conditions before the gradual decline that accompanied lower inflation and a more accommodative policy stance. By 2025 the rate ranks 76th globally, matching China’s 1.50 % and lying just above Cabo Verde’s 1.49 % and Dominica’s 1.53 %, while remaining above Switzerland’s 1.45 %. The sustained downward trajectory suggests that further reductions are unlikely unless a sharp rise in inflation or a reversal in fiscal policy prompts the central bank to tighten conditions. Future movements will therefore hinge on macro‑economic shocks or shifts in monetary strategy that could alter the current low‑rate environment.

Data & projection

Year Deposit Rate YoY change Rank
2027* trend 1.50% - -
2026* trend 1.50% - -
2025* trend 1.50% - -
2025 1.50% +0.00pp #76
2024 1.50% +0.00pp #17
2023 1.50% +0.00pp #25
2022 1.50% +0.00pp #33
2021 1.50% +0.00pp #41
2020 1.50% +0.00pp #35
2019 1.50% +0.00pp #29
2018 1.50% +0.00pp #33
2017 1.50% +0.00pp #36
2016 1.50% +0.00pp #35
2015 1.50% +0.00pp #33
2014 1.50% +0.00pp #29
2013 1.50% +0.00pp #25
2012 1.50% +0.00pp #21
2011 1.50% −0.00pp #19
Show all years (1985-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.9% GDP growth 3.7% C/A balance 14.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Trinidad and Tobago matched the Export Boom Cycle pattern in 2014. Historically, 71% of countries showing this pattern (546 out of 768) saw deposit rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Trinidad and Tobago's deposit rate?▾

Trinidad and Tobago's deposit rate was 1.50% in 2025. Ranked 76th globally. This represents a 0.0% increase from the previous year.

What was the highest deposit rate in Trinidad and Tobago?▾

Trinidad and Tobago's deposit rate peaked at 8.51% in 1999.

What was the lowest deposit rate in Trinidad and Tobago?▾

The lowest deposit rate in Trinidad and Tobago was 1.50% in 2011.

How does Trinidad and Tobago rank in deposit rate?▾

Trinidad and Tobago ranks 76th globally in deposit rate as of 2025.

What is the World Bank indicator code for deposit rate?▾

The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.

What is the projected deposit rate of Trinidad and Tobago in 2025?▾

Trinidad and Tobago's deposit rate is projected to reach 1.50% by 2025 based on trend extrapolation.

What is the deposit rate of Trinidad and Tobago in 2025?▾

The deposit rate of Trinidad and Tobago in 2025 was 1.50%. This ranks 76th in the world.

Cite this page

APA
Trinidad and Tobago Deposit Rate. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/trinidad-and-tobago/deposit-rate/
BibTeX
@misc{historysaid_trinidad-and-tobago_deposit-rate, title = {Trinidad and Tobago Deposit Rate}, url = {https://historysaid.com/trinidad-and-tobago/deposit-rate/}, publisher = {HistorySaid}, year = {2026} }
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