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Interest Rate on Bank Loans (Local Currency) in Trinidad and Tobago

Source: World Bank
Last Updated: Feb 16, 2023

Interest rate on bank loans reached 7.44% in 2021 in Trinidad and Tobago, according to the National Central Bank. This is 13.5% more than in the previous year.

Historically, interest rate on bank loans in Trinidad and Tobago reached an all time high of 17.3% in 1998 and an all time low of 6.56% in 2020.

Trinidad and Tobago has been ranked 51st within the group of 94 countries we follow in terms of interest rate on interest rate on bank loans.


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