Deposit Rate, Percent per annum in Barbados
Barbados: Deposit Rate, Percent per annum was 0.1433 in 2022. ◆ Volatile
Deposit Rate, Percent per annum in Barbados, 1980–2022
Source: International Monetary Fund.
Analysis
Barbados recorded 0.1433 for deposit rate, percent per annum in 2022. That is the lowest value across all 43 years on record.
Compared with earlier readings it is down 4.4% on the previous year and down 94.4% over ten years.
Over the whole period, deposit rate, percent per annum in Barbados peaked at 8.83 in 1982 and was at its lowest, 0.1433, in 2022.
That places Barbados 140th out of 143 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit Rate, Percent per annum in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 5.6 | — |
| 1981 | 7.39 | +32.0% |
| 1982 | 8.83 | +19.5% |
| 1983 | 6.72 | -23.9% |
| 1984 | 6.07 | -9.8% |
| 1985 | 5.49 | -9.5% |
| 1986 | 4.28 | -22.0% |
| 1987 | 3.61 | -15.8% |
| 1988 | 4.26 | +18.0% |
| 1989 | 4.78 | +12.3% |
| 1990 | 6.28 | +31.4% |
| 1991 | 6.53 | +4.0% |
| 1992 | 6.68 | +2.3% |
| 1993 | 4.39 | -34.3% |
| 1994 | 4.32 | -1.7% |
| 1995 | 5.11 | +18.3% |
| 1996 | 5.2 | +1.8% |
| 1997 | 4.58 | -12.0% |
| 1998 | 4.2 | -8.1% |
| 1999 | 4.4 | +4.7% |
| 2000 | 4.97 | +13.0% |
| 2001 | 4.04 | -18.8% |
| 2002 | 2.7 | -33.1% |
| 2003 | 2.56 | -5.2% |
| 2004 | 2.54 | -1.1% |
| 2005 | 3.18 | +25.4% |
| 2006 | 4.6 | +44.6% |
| 2007 | 5.13 | +11.7% |
| 2008 | 4.46 | -13.1% |
| 2009 | 2.87 | -35.7% |
| 2010 | 2.67 | -7.0% |
| 2011 | 2.68 | +0.4% |
| 2012 | 2.56 | -4.3% |
| 2013 | 2.51 | -2.0% |
| 2014 | 2.51 | -0.1% |
| 2015 | 1.32 | -47.3% |
| 2016 | 0.3475 | -73.7% |
| 2017 | 0.1949 | -43.9% |
| 2018 | 0.1503 | -22.9% |
| 2019 | 0.15 | -0.2% |
| 2020 | 0.15 | +0.0% |
| 2021 | 0.15 | +0.0% |
| 2022 | 0.1433 | -4.4% |
Barbados compared with similar countries
- Barbados's 0.1433 is below the median for high income countries, which is 1.58, 9% of the median. (34 countries reporting)
- Barbados's 0.1433 is below the median for Latin America & Caribbean, which is 3.43, 4% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.7 | 3.61 | 8.83 | 10 |
| 1990s | 5.17 | 4.2 | 6.68 | 10 |
| 2000s | 3.71 | 2.54 | 5.13 | 10 |
| 2010s | 1.51 | 0.15 | 2.68 | 10 |
| 2020s | 0.1478 | 0.1433 | 0.15 | 3 |
Countries ranked near Barbados
- 137 Papua New Guinea 0.2625 compare
- 138 Bulgaria 0.2469 compare
- 139 Hong Kong 0.2008 compare
- 141 Canada 0.1 compare
- 142 South Sudan 0.0831 compare
- 143 El Salvador 0 compare
More financial sector data for Barbados
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0022 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 61.36 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 44.81 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0022 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 61.36 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is deposit rate, percent per annum in Barbados?
- Deposit rate, percent per annum in Barbados was 0.1433 in 2022, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Barbados?
- The highest recorded value was 8.83 in 1982.
- What is the lowest deposit rate, percent per annum recorded in Barbados?
- The lowest recorded value was 0.1433 in 2022.
- How does Barbados rank for deposit rate, percent per annum?
- Barbados ranks 140th out of 143 countries with data for 2022.
- Is deposit rate, percent per annum rising or falling in Barbados?
- Over the last ten years it is down 94.4%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund, published as part of Deposit Rate, Percent per annum. Statizoid updates them automatically from the source API.
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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.