Trinidad and Tobago Lending Rate
Lending interest rate FR.INR.LEND
Trinidad and Tobago's lending rate was 7.89% in 2025, ranked 62nd globally. This represents a 5.2% increase from 2024. Data from World Bank, covering 1979–2025.
Overview
Trinidad and Tobago's lending rate stood at 7.89% in 2025, a rise of +0.39pp from 2024. Based on recent trends, this figure is projected to reach 7.89% by 2025. Trinidad and Tobago ranked 62nd globally.
Trinidad and Tobago’s lending rate has fallen from a 1979 level of 9.00% to 7.89% in 2025, placing the country 62nd worldwide. The indicator’s 47‑year record shows a pronounced peak of 17.33% in 1998, reflecting the high‑inflation environment of the late 1990s, before a gradual decline that reached an all‑time trough of 6.55% in 2020 amid pandemic‑induced monetary easing. The post‑2020 rebound to 7.89% suggests a modest tightening as inflation pressures re‑emerged, yet the rate remains close to peers such as Guyana (7.90%) and India (7.80%). This convergence indicates that regional monetary policies are moving in tandem, balancing growth support with price stability. Continued moderation of global commodity price volatility and disciplined fiscal management could keep the lending rate on a downward path, while any resurgence of external shocks may prompt a reversal of the current easing trend.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 8.29% | - | - |
| 2026* trend | 8.09% | - | - |
| 2025* trend | 7.89% | - | - |
| 2025 | 7.89% | +0.39pp | #62 |
| 2024 | 7.50% | −0.02pp | #30 |
| 2023 | 7.52% | +0.03pp | #30 |
| 2022 | 7.49% | +0.05pp | #35 |
| 2021 | 7.44% | +0.88pp | #51 |
| 2020 | 6.56% | −2.70pp | #34 |
| 2019 | 9.25% | +0.16pp | #59 |
| 2018 | 9.09% | +0.09pp | #61 |
| 2017 | 9.00% | +0.00pp | #65 |
| 2016 | 9.00% | +0.82pp | #63 |
| 2015 | 8.18% | +0.68pp | #54 |
| 2014 | 7.50% | +0.00pp | #44 |
| 2013 | 7.50% | −0.21pp | #44 |
| 2012 | 7.71% | −0.26pp | #41 |
| 2011 | 7.97% | −1.31pp | #43 |
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 lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Trinidad and Tobago's lending rate was 7.89% in 2025. Ranked 62nd globally. This represents a 5.2% increase from the previous year.
Trinidad and Tobago's lending rate peaked at 17.33% in 1998.
The lowest lending rate in Trinidad and Tobago was 6.56% in 2020.
Trinidad and Tobago ranks 62nd globally in lending rate as of 2025.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
Trinidad and Tobago's lending rate is projected to reach 7.89% by 2025 based on trend extrapolation.
The lending rate of Trinidad and Tobago in 2025 was 7.89%. This ranks 62nd in the world.
Cite this page
@misc{historysaid_trinidad-and-tobago_lending-rate,
title = {Trinidad and Tobago Lending Rate},
url = {https://historysaid.com/trinidad-and-tobago/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}