Trinidad and Tobago Real Interest Rate
Real interest rate FR.INR.RINR
Trinidad and Tobago's real interest rate was 13.53% in 2025, ranked 6th globally. This represents a 77.2% increase from 2024. Data from World Bank, covering 1979–2025.
Overview
Trinidad and Tobago's real interest rate stood at 13.53% in 2025, a rise of +5.90pp from 2024. Based on recent trends, this figure is projected to reach 13.53% by 2025. Trinidad and Tobago ranked 6th globally.
Trinidad and Tobago’s real interest rate stood at 13.53 % in 2025, placing the nation sixth worldwide according to the World Bank series that spans 47 years. The indicator has swung dramatically since the earliest observation in 1979, when it registered a trough of –12.60 %, to an all‑time peak of 54.68 % during the global financial crisis of 2009, reflecting the country’s exposure to volatile external financing conditions and domestic inflation dynamics. Compared with peers of similar rank, Mozambique recorded a real rate of 15.64 % and Azerbaijan 12.34 % in the same year, underscoring a relatively high cost of borrowing in the Caribbean context. The steep ascent from the 1979 trough to the 2009 apex suggests that monetary policy responses to external shocks have been pronounced, while the current level remains well above the long‑run average. Continued moderation of inflation and deeper integration into regional capital markets could temper the real rate, steering it toward a more sustainable trajectory.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 19.21% | - | - |
| 2026* trend | 16.37% | - | - |
| 2025* trend | 13.53% | - | - |
| 2025 | 13.53% | +5.90pp | #6 |
| 2024 | 7.64% | −15.93pp | #55 |
| 2023 | 23.57% | +30.84pp | #86 |
| 2022 | -7.28% | +0.84pp | #16 |
| 2021 | -8.12% | −17.41pp | #14 |
| 2020 | 9.29% | −2.64pp | #79 |
| 2019 | 11.93% | +3.96pp | #99 |
| 2018 | 7.97% | +6.85pp | #88 |
| 2017 | 1.11% | −8.39pp | #32 |
| 2016 | 9.50% | −9.40pp | #94 |
| 2015 | 18.90% | +10.34pp | #120 |
| 2014 | 8.56% | +3.15pp | #94 |
| 2013 | 5.41% | −1.93pp | #60 |
| 2012 | 7.34% | +14.04pp | #88 |
| 2011 | -6.71% | −3.64pp | #13 |
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 real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Trinidad and Tobago's real interest rate was 13.53% in 2025. Ranked 6th globally. This represents a 77.2% increase from the previous year.
Trinidad and Tobago's real interest rate peaked at 54.68% in 2009.
The lowest real interest rate in Trinidad and Tobago was -12.60% in 1979.
Trinidad and Tobago ranks 6th globally in real interest rate as of 2025.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
Trinidad and Tobago's real interest rate is projected to reach 13.53% by 2025 based on trend extrapolation.
The real interest rate of Trinidad and Tobago in 2025 was 13.53%. This ranks 6th in the world.
Cite this page
@misc{historysaid_trinidad-and-tobago_real-interest-rate,
title = {Trinidad and Tobago Real Interest Rate},
url = {https://historysaid.com/trinidad-and-tobago/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}