Bank lending-deposit spread in Trinidad and Tobago
Trinidad and Tobago: Bank lending-deposit spread was 5.05 in 2020. ▼ Falling
Bank lending-deposit spread in Trinidad and Tobago, 1985–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF).
Analysis
Trinidad and Tobago recorded 5.05 for bank lending-deposit spread in 2020. That is the lowest value across all 36 years on record.
That represents a change of down 34.8% on the previous year and down 35.0% over ten years.
Over the whole period, bank lending-deposit spread in Trinidad and Tobago peaked at 9.38 in 1998 and was at its lowest, 5.05, in 2020.
Trinidad and Tobago ranks 67th of 124 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Bank lending-deposit spread in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 1985 | 7.37 | — |
| 1986 | 5.96 | -19.1% |
| 1987 | 5.47 | -8.3% |
| 1988 | 6.55 | +19.8% |
| 1989 | 7.04 | +7.5% |
| 1990 | 6.91 | -1.8% |
| 1991 | 7.38 | +6.7% |
| 1992 | 8.35 | +13.1% |
| 1993 | 8.44 | +1.1% |
| 1994 | 9.07 | +7.5% |
| 1995 | 8.75 | -3.5% |
| 1996 | 7.85 | -10.3% |
| 1997 | 8.42 | +7.3% |
| 1998 | 9.38 | +11.3% |
| 1999 | 8.53 | -9.0% |
| 2000 | 8.35 | -2.1% |
| 2001 | 8 | -4.1% |
| 2002 | 7.72 | -3.6% |
| 2003 | 8.25 | +6.9% |
| 2004 | 6.52 | -21.0% |
| 2005 | 6.91 | +5.9% |
| 2006 | 6.13 | -11.3% |
| 2007 | 5.85 | -4.5% |
| 2008 | 5.07 | -13.4% |
| 2009 | 8.52 | +68.1% |
| 2010 | 7.78 | -8.7% |
| 2011 | 6.47 | -16.8% |
| 2012 | 6.21 | -4.0% |
| 2013 | 6 | -3.4% |
| 2014 | 6 | +0.0% |
| 2015 | 6.68 | +11.4% |
| 2016 | 7.5 | +12.2% |
| 2017 | 7.5 | +0.0% |
| 2018 | 7.59 | +1.2% |
| 2019 | 7.75 | +2.1% |
| 2020 | 5.05 | -34.8% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 5.05 is above the median for high income countries, which is 3.8, 1.3× the median. (37 countries reporting)
- Trinidad and Tobago's 5.05 is below the median for Latin America & Caribbean, which is 6.26, 81% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.48 | 5.47 | 7.37 | 5 |
| 1990s | 8.31 | 6.91 | 9.38 | 10 |
| 2000s | 7.13 | 5.07 | 8.52 | 10 |
| 2010s | 6.95 | 6 | 7.78 | 10 |
| 2020s | 5.05 | 5.05 | 5.05 | 1 |
Countries ranked near Trinidad and Tobago
More financial sector data for Trinidad and Tobago
- Reserve position in the IMF, US dollar, annual growth rate 4.78 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0062 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 118.45 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -0.2193 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0046 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 86.49 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 4.78 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0062 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 118.45 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -0.2193 % change on previous year (2025)
Frequently asked questions
- What is bank lending-deposit spread in Trinidad and Tobago?
- Bank lending-deposit spread in Trinidad and Tobago was 5.05 in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank lending-deposit spread recorded in Trinidad and Tobago?
- The highest recorded value was 9.38 in 1998.
- What is the lowest bank lending-deposit spread recorded in Trinidad and Tobago?
- The lowest recorded value was 5.05 in 2020.
- How does Trinidad and Tobago rank for bank lending-deposit spread?
- Trinidad and Tobago ranks 67th out of 124 countries with data for 2020.
- Is bank lending-deposit spread rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 35.0%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank lending-deposit spread. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Difference between lending rate and deposit rate. Lending rate is the rate charged by banks on loans to the private sector and deposit interest rate is the rate offered by commercial banks on three-month deposits. IFS line 60P - line 60L.