Interest Rate in Barbados averaged 8.82 percent from 1990 until 2021, reaching an all time high of 18 percent in November of 1991 and a record low of 2 percent in April of 2020. This page provides the latest reported value for - Barbados Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Barbados Bank Rate - values, historical data and charts - was last updated on August of 2021.
Interest Rate in Barbados is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Barbados to stand at 2.00 in 12 months time. In the long-term, the Barbados Bank Rate is projected to trend around 2.50 percent in 2022 and 4.00 percent in 2023, according to our econometric models.