Trinidad and Tobago - Real interest rate

Real interest rate (%)

The value for Real interest rate (%) in Trinidad and Tobago was 5.61 as of 2020. As the graph below shows, over the past 41 years this indicator reached a maximum value of 54.68 in 2009 and a minimum value of -12.60 in 1979.

Definition: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.

See also:

Year Value
1979 -12.60
1980 -10.38
1981 3.88
1982 -0.59
1983 5.06
1984 6.36
1985 11.31
1986 13.42
1987 6.34
1988 8.09
1989 5.72
1990 -2.27
1991 11.42
1992 23.90
1993 6.15
1994 2.39
1995 10.56
1996 13.69
1997 19.57
1998 19.55
1999 12.21
2000 3.98
2001 12.52
2002 18.64
2003 0.62
2004 0.39
2005 -3.72
2006 9.03
2007 -0.89
2008 -9.17
2009 54.68
2010 -3.06
2011 -6.71
2012 7.34
2013 3.62
2014 5.73
2015 22.07
2016 9.71
2017 4.02
2018 3.33
2019 10.35
2020 5.61

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates