Trinidad and Tobago: Real interest rate (%)

Key figures

What the numbers say

In 2025, Trinidad and Tobago's real interest rate (%) fell 2.23 percentage points on 2024 (from 7.64% to 5.4%).

Across the 30 yearly changes before that (1995 to 2024), the average change was +0.17 percentage points and a typical year strayed about 19.02 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 63.85 percentage points in 2009 and the biggest yearly fall was 57.74 percentage points in 2010. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Trinidad and Tobago had the 34th highest value of the 73 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Trinidad and Tobago in the 2025 ranking

• Cabo Verde — 31st of 73: 5.9%
• Jordan — 32nd of 73: 5.75%
• Uruguay — 33rd of 73: 5.49%
• Malaysia — 35th of 73: 5.3%
• São Tomé and Principe — 36th of 73: 5.19%
• Argentina — 37th of 73: 4.98%

What this measures

An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.

All 47 values

Real interest rate (%) in nearby economies

• Antigua and Barbuda — 3.31% (2025)
• Argentina — 4.98% (2025)
• Aruba — 2.88% (2023)
• Bahamas, The — 3.95% (2024)
• Barbados — 8.22% (2022)
• Belize — 7.34% (2025)
• Bolivia — -8.11% (2025)
• Brazil — 37.46% (2025)
• Chile — 2.55% (2018)
• Colombia — 8.43% (2025)
• Costa Rica — 7.45% (2025)
• Dominica — 3.73% (2025)

More financial sector data for Trinidad and Tobago

• Domestic credit to private sector by banks (% of GDP) — 50.29% (2025)
• Net domestic credit (current LCU) — 121.62 billion (2025)
• Net foreign assets (current LCU) — 55.7 billion (2025)
• Monetary sector credit to private sector (% of GDP) — 50.36% (2025)
• Broad money (current LCU) — 130.12 billion (2025)
• Broad money (% of GDP) — 74.32% (2025)
• Broad money to total reserves ratio — 3.59 (2025)
• Consumer price index (2010 = 100) — 165.25 (2025)
• Inflation, consumer prices (annual % growth) — 0.99% (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Trinidad and Tobago's real interest rate (%)?

5.4% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1979?

It is up 18 percentage points from -12.6% in 1979. The highest value was 54.68% in 2009 and the lowest -12.6% in 1979.

How does Trinidad and Tobago rank?

34th highest of 73 economies with data for 2025.

Is the latest change in real interest rate (%) unusual for Trinidad and Tobago?

In 2025, Trinidad and Tobago's real interest rate (%) fell 2.23 percentage points on 2024 (from 7.64% to 5.4%). Across the 30 yearly changes before that (1995 to 2024), the average change was +0.17 percentage points and a typical year strayed about 19.02 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator FR.INR.RINR, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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