Trinidad and Tobago Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Trinidad and Tobago's interest rate spread was 6.39% in 2025, ranked 31st globally. This represents a 6.5% increase from 2024. Data from World Bank, covering 1985–2025.
Overview
Trinidad and Tobago's interest rate spread stood at 6.39% in 2025, a rise of +0.39pp from 2024. Based on recent trends, this figure is projected to reach 6.39% by 2025. Trinidad and Tobago ranked 31st globally.
Trinidad and Tobago’s interest‑rate spread has narrowed steadily over the 41‑year series, falling from an early‑period level of 7.37 % in 1985 to 6.39 % in 2025, which places the country 31st globally. The spread reached its all‑time high of 9.38 % in 1998, reflecting a period of elevated policy and market rate differentials, before contracting to a trough of 5.05 % in 2020 amid tighter monetary conditions and lower inflation expectations. The 2025 figure is marginally lower than the spreads recorded in peer small‑economy peers such as Tonga (6.42 %) and Namibia (6.33 %), suggesting that Trinidad and Tobago is maintaining a relatively competitive gap between lending and deposit rates. The gradual compression of the spread indicates improving financial intermediation efficiency, but any resurgence of inflationary pressures or external financing shocks could widen the gap again. Continued fiscal discipline and stable macro‑policy are likely to sustain the current downward trajectory.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 6.79% | - | - |
| 2026* trend | 6.59% | - | - |
| 2025* trend | 6.39% | - | - |
| 2025 | 6.39% | +0.39pp | #31 |
| 2024 | 6.00% | −0.02pp | #47 |
| 2023 | 6.02% | +0.03pp | #52 |
| 2022 | 5.99% | +0.05pp | #54 |
| 2021 | 5.94% | +0.88pp | #60 |
| 2020 | 5.06% | −2.70pp | #45 |
| 2019 | 7.75% | +0.16pp | #77 |
| 2018 | 7.59% | +0.09pp | #80 |
| 2017 | 7.50% | +0.00pp | #82 |
| 2016 | 7.50% | +0.82pp | #81 |
| 2015 | 6.68% | +0.68pp | #74 |
| 2014 | 6.00% | +0.00pp | #66 |
| 2013 | 6.00% | −0.21pp | #67 |
| 2012 | 6.21% | −0.26pp | #67 |
| 2011 | 6.47% | −1.31pp | #70 |
Detected Pattern
Analysis
Trinidad and Tobago matched the Export Boom Cycle pattern in 2014. Historically, 71% of countries showing this pattern (546 out of 768) saw interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Trinidad and Tobago's interest rate spread was 6.39% in 2025. Ranked 31st globally. This represents a 6.5% increase from the previous year.
Trinidad and Tobago's interest rate spread peaked at 9.38% in 1998.
The lowest interest rate spread in Trinidad and Tobago was 5.06% in 2020.
Trinidad and Tobago ranks 31st globally in interest rate spread as of 2025.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
Trinidad and Tobago's interest rate spread is projected to reach 6.39% by 2025 based on trend extrapolation.
The interest rate spread of Trinidad and Tobago in 2025 was 6.39%. This ranks 31st in the world.
Cite this page
@misc{historysaid_trinidad-and-tobago_interest-rate-spread,
title = {Trinidad and Tobago Interest Rate Spread},
url = {https://historysaid.com/trinidad-and-tobago/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}