Deposit Interest Rate in Barbados decreased to 0.15 percent in 2018 from 0.19 percent in 2017.

Deposit Interest Rate in Barbados averaged 4.12 percent from 1980 until 2018, 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 October of 2020.

Deposit Interest Rate in Barbados is expected to reach 0.15 percent by the end of 2020, 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 0.15 percent in 2021 and 4.15 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Barbados

Actual Previous Highest Lowest Dates Unit Frequency
0.15 0.19 8.83 0.15 1980 - 2018 percent Yearly

Barbados Money Last Previous Highest Lowest Unit
Interest Rate 2.00 2.00 18.00 2.00 percent [+]
Deposit Interest Rate 0.15 0.19 8.83 0.15 percent [+]
Foreign Exchange Reserves 2128306.60 2109093.13 2128306.60 127861.17 BDS Million [+]

Deposit Interest Rate in Barbados
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.