Deposit Interest Rate in Barbados remained unchanged at 0.15 percent in 2022 from 0.15 percent in 2021. source: Central Bank of Barbados

Deposit Interest Rate in Barbados averaged 3.75 percent from 1980 until 2022, reaching an all time high of 8.83 percent in 1982 and a record low of 0.15 percent in 2018. This page includes a chart with historical data for Deposit Interest Rate in Barbados. Deposit Interest Rate in Barbados - values, historical data and charts - was last updated on June of 2023.

Deposit Interest Rate in Barbados is expected to reach 1.15 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Barbados is projected to trend around 1.15 percent in 2024 and 0.65 percent in 2025, according to our econometric models.

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Deposit Interest Rate in Barbados



Related Last Previous Unit Reference
Interest Rate 2.00 2.00 percent Apr 2023
Deposit Interest Rate 0.15 0.15 percent Dec 2022
Foreign Exchange Reserves 3227142.99 3229924.13 BBD Million Apr 2023

Deposit Interest Rate in Barbados
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.
Actual Previous Highest Lowest Dates Unit Frequency
0.15 0.15 8.83 0.15 1980 - 2022 percent Yearly