Deposit Interest Rate in Barbados increased to 15 percent in 2020 from 0.15 percent in 2019. source: Central Bank of Barbados

Deposit Interest Rate in Barbados averaged 4.29 percent from 1980 until 2020, reaching an all time high of 15 percent in 2020 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 December of 2021.

Deposit Interest Rate in Barbados is expected to reach 0.15 percent by the end of 2021, 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 2022 and 1.65 percent in 2023, 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 Oct/21
Deposit Interest Rate 0.15 0.15 percent Dec/20
Foreign Exchange Reserves 2783863.47 2864828.78 BDS Million Oct/21
Deposit Interest Rate in Barbados
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.