Deposit rate, Foreign Currency, Rate, Percent per annum in Trinidad and Tobago
Trinidad and Tobago: Deposit rate, Foreign Currency, Rate, Percent per annum was 1.5 in 2019. ◆ Volatile
Deposit rate, Foreign Currency, Rate, Percent per annum in Trinidad and Tobago, 1996–2019
Source: International Monetary Fund.
Analysis
The most recent figure for deposit rate, foreign currency, rate, percent per annum in Trinidad and Tobago is 1.5, measured in 2019. That is the lowest value across all 24 years on record.
Compared with earlier readings it is down 22.0% over ten years.
Over the whole period, deposit rate, foreign currency, rate, percent per annum in Trinidad and Tobago peaked at 7.07 in 2001 and was at its lowest, 1.5, in 2010.
Trinidad and Tobago ranks 20th of 39 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit rate, Foreign Currency, Rate, Percent per annum in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 6.32 | — |
| 1997 | 6.35 | +0.5% |
| 1998 | 6.69 | +5.3% |
| 1999 | 6.41 | -4.2% |
| 2000 | 6.74 | +5.2% |
| 2001 | 7.07 | +4.9% |
| 2002 | 4.12 | -41.7% |
| 2003 | 2.62 | -36.5% |
| 2004 | 2.15 | -18.0% |
| 2005 | 2.77 | +28.9% |
| 2006 | 4.33 | +56.6% |
| 2007 | 4.85 | +11.9% |
| 2008 | 2.57 | -46.9% |
| 2009 | 1.92 | -25.3% |
| 2010 | 1.5 | -22.0% |
| 2011 | 1.5 | +0.0% |
| 2012 | 1.5 | +0.0% |
| 2013 | 1.5 | +0.0% |
| 2014 | 1.5 | +0.0% |
| 2015 | 1.5 | +0.0% |
| 2016 | 1.5 | +0.0% |
| 2017 | 1.5 | +0.0% |
| 2018 | 1.5 | +0.0% |
| 2019 | 1.5 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.44 | 6.32 | 6.69 | 4 |
| 2000s | 3.92 | 1.92 | 7.07 | 10 |
| 2010s | 1.5 | 1.5 | 1.5 | 10 |
Countries ranked near Trinidad and Tobago
- 17 Mongolia 2.16 compare
- 18 Afghanistan 1.86 compare
- 19 North Macedonia 1.66 compare
- 21 Anguilla 1.45 compare
- 22 Republic of Moldova 1.42 compare
- 23 Argentina 1.39 compare
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 deposit rate, foreign currency, rate, percent per annum in Trinidad and Tobago?
- Deposit rate, foreign currency, rate, percent per annum in Trinidad and Tobago was 1.5 in 2019, according to International Monetary Fund.
- What is the highest deposit rate, foreign currency, rate, percent per annum recorded in Trinidad and Tobago?
- The highest recorded value was 7.07 in 2001.
- What is the lowest deposit rate, foreign currency, rate, percent per annum recorded in Trinidad and Tobago?
- The lowest recorded value was 1.5 in 2010.
- How does Trinidad and Tobago rank for deposit rate, foreign currency, rate, percent per annum?
- Trinidad and Tobago ranks 20th out of 39 countries with data for 2019.
- Is deposit rate, foreign currency, rate, percent per annum rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 22.0%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from International Monetary Fund, published as part of Deposit rate, Foreign Currency, Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.