Grenada vs Trinidad and Tobago: Interest rate spread

Grenada
5.9%
in 2025
Trinidad and Tobago
6.0%
in 2024
Grenada rank
58th
Trinidad and Tobago rank
55th

Interest rate spread over time

  • Grenada
  • Trinidad and Tobago
02.557.510198220032025

How they compare

Trinidad and Tobago currently reports 6.0% against 5.9% in Grenada, a difference of 0.1%.

The two have swapped places 9 times across 40 shared years of data; in 1985 it was Grenada ahead.

Grenada ranks 58th and Trinidad and Tobago ranks 55th of 141 countries.

Across the 5 decades both report, Grenada averaged higher in 1 and Trinidad and Tobago in 4.

Head to head by decade

Decade Grenada Trinidad and Tobago Difference Ahead
1980s 9.9% 6.5% 3.4% Grenada
1990s 7.7% 8.3% 0.6% Trinidad and Tobago
2000s 7.1% 7.1% 0.0% Trinidad and Tobago
2010s 6.9% 6.9% 0.0% Trinidad and Tobago
2020s 5.7% 5.8% 0.1% Trinidad and Tobago

Averages of every year both report within each decade.

Frequently asked questions

Which has higher interest rate spread, Grenada or Trinidad and Tobago?
Trinidad and Tobago, at 6.0% against 5.9% in Grenada as of 2024.
What is the difference in interest rate spread between Grenada and Trinidad and Tobago?
0.1%, with Trinidad and Tobago ahead.
How many years of comparable data are there for Grenada and Trinidad and Tobago?
40 years are reported by both, from 1985 to 2024.
How do Grenada and Trinidad and Tobago rank globally for interest rate spread?
Grenada ranks 58th and Trinidad and Tobago ranks 55th 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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Grenada vs Trinidad and Tobago: Interest rate spread. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 15 September 2026, from https://financial-sector.statizoid.com/compare/interest-rate-spread-lending-rate-minus-deposit-rate-percent/grenada/trinidad-and-tobago/

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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.