The Central Bank of Trinidad and Tobago left its benchmark interest rate unchanged at 3.50 percent on 25 June 2021. The Monetary Policy Committee said that developments in the energy industry and pandemic-induced reactions by the public and private sectors shaped the domestic economic picture in the first half of 2021. Regarding inflation, it remained contained at 1.1 percent from a year ago in April 2021. source: Central Bank of Trinidad and Tobago
Interest Rate in Trinidad and Tobago averaged 4.96 percent from 2002 until 2021, reaching an all time high of 8.75 percent in September of 2008 and a record low of 2.75 percent in September of 2012. This page provides the latest reported value for - Trinidad and Tobago Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Trinidad and Tobago Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Interest Rate in Trinidad and Tobago is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Trinidad and Tobago to stand at 3.50 in 12 months time. In the long-term, the Trinidad and Tobago Interest Rate is projected to trend around 3.50 percent in 2022 and 3.75 percent in 2023, according to our econometric models.