Barbados vs Caribbean Small States: Interest rate spread

Barbados
7.9%
in 2022
Caribbean Small States
5.4%
in 2025
Barbados rank
31st
Caribbean Small States rank
28th

Interest rate spread over time

  • Barbados
  • Caribbean Small States
02468198120032025

How they compare

Barbados currently reports 7.9% against 5.4% in Caribbean Small States, a difference of 2.5%.

That makes Barbados's figure about 1.5 times Caribbean Small States's.

The two have swapped places 5 times across 41 shared years of data; in 1982 it was Caribbean Small States ahead.

Barbados ranks 31st and Caribbean Small States ranks 28th of 141 countries.

Across the 5 decades both report, Barbados averaged higher in 2 and Caribbean Small States in 3.

Head to head by decade

Decade Barbados Caribbean Small States Difference Ahead
1980s 5.0% 5.5% 0.4% Caribbean Small States
1990s 5.3% 7.1% 1.8% Caribbean Small States
2000s 5.8% 6.9% 1.1% Caribbean Small States
2010s 6.8% 6.5% 0.3% Barbados
2020s 7.9% 5.9% 2.0% Barbados

Averages of every year both report within each decade.

Frequently asked questions

Which has higher interest rate spread, Barbados or Caribbean Small States?
Barbados, at 7.9% against 5.4% in Caribbean Small States as of 2022.
What is the difference in interest rate spread between Barbados and Caribbean Small States?
2.5%, with Barbados ahead.
How many years of comparable data are there for Barbados and Caribbean Small States?
41 years are reported by both, from 1982 to 2022.
How do Barbados and Caribbean Small States rank globally for interest rate spread?
Barbados ranks 31st and Caribbean Small States ranks 28th of 141 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Interest rate spread (lending rate minus deposit rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Barbados vs Caribbean Small States: Interest rate spread. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 14 September 2026, from https://financial-sector.statizoid.com/compare/interest-rate-spread-lending-rate-minus-deposit-rate-percent/barbados/caribbean-small-states/

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About this data

Indicator
Interest rate spread (lending rate minus deposit rate, %)
Unit
lending rate minus deposit rate, %
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
181 places, 5,163 data points, 1967–2025
Last refreshed

Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest 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.