Panama vs Trinidad and Tobago: Lending interest rate
Lending interest rate over time
- Panama
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 7.5% against 6.9% in Panama, a difference of 0.6%.
That makes Trinidad and Tobago's figure about 1.1 times Panama's.
The two have swapped places 4 times across 27 shared years of data; in 1996 it was Trinidad and Tobago ahead.
Panama ranks 92nd and Trinidad and Tobago ranks 89th of 149 countries.
Trinidad and Tobago has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Panama | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.9% | 16.4% | 5.5% | Trinidad and Tobago |
| 2000s | 9.2% | 12.1% | 2.9% | Trinidad and Tobago |
| 2010s | 7.1% | 8.4% | 1.4% | Trinidad and Tobago |
| 2020s | 7.0% | 7.2% | 0.2% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lending interest rate, Panama or Trinidad and Tobago?
- Trinidad and Tobago, at 7.5% against 6.9% in Panama as of 2024.
- What is the difference in lending interest rate between Panama and Trinidad and Tobago?
- 0.6%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Panama and Trinidad and Tobago?
- 27 years are reported by both, from 1996 to 2022.
- How do Panama and Trinidad and Tobago rank globally for lending interest rate?
- Panama ranks 92nd and Trinidad and Tobago ranks 89th of 149 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Lending interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.