Barbados - Deposit interest rate

Deposit interest rate (%)

The value for Deposit interest rate (%) in Barbados was 0.15 as of 2021. As the graph below shows, over the past 41 years this indicator reached a maximum value of 8.83 in 1982 and a minimum value of 0.15 in 2019.

Definition: Deposit interest rate is the 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.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1980 5.60
1981 7.39
1982 8.83
1983 6.73
1984 6.07
1985 5.49
1986 4.28
1987 3.61
1988 4.26
1989 4.78
1990 6.28
1991 6.53
1992 6.68
1993 4.39
1994 4.32
1995 5.11
1996 5.20
1997 4.58
1998 4.20
1999 4.40
2000 4.97
2001 4.04
2002 2.70
2003 2.56
2004 2.54
2005 3.18
2006 4.60
2007 5.13
2008 4.46
2009 2.87
2010 2.67
2011 2.68
2012 2.56
2013 2.51
2014 2.51
2015 1.32
2016 0.35
2017 0.19
2018 0.15
2019 0.15
2020 0.15
2021 0.15

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates