Barbados vs Singapore: Deposit interest rate
Barbados
0.1%
in 2022
Singapore
0.1%
in 2021
Barbados rank
148th
Singapore rank
149th
Deposit interest rate over time
- Barbados
- Singapore
How they compare
Barbados currently reports 0.1% against 0.1% in Singapore, a difference of 0.0%.
That makes Barbados's figure about 1.2 times Singapore's.
The two have swapped places 7 times across 42 shared years of data; in 1980 it was Singapore ahead.
Barbados ranks 148th and Singapore ranks 149th of 152 countries.
Across the 5 decades both report, Barbados averaged higher in 3 and Singapore in 2.
Head to head by decade
| Decade | Barbados | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 5.7% | 5.8% | 0.1% | Singapore |
| 1990s | 5.2% | 3.4% | 1.8% | Barbados |
| 2000s | 3.7% | 0.7% | 3.0% | Barbados |
| 2010s | 1.5% | 0.2% | 1.3% | Barbados |
| 2020s | 0.1% | 0.2% | 0.0% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit interest rate, Barbados or Singapore?
- Barbados, at 0.1% against 0.1% in Singapore as of 2022.
- What is the difference in deposit interest rate between Barbados and Singapore?
- 0.0%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Singapore?
- 42 years are reported by both, from 1980 to 2021.
- How do Barbados and Singapore rank globally for deposit interest rate?
- Barbados ranks 148th and Singapore ranks 149th of 152 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Deposit interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.