Cost of moneyTrinidad and Tobago
Lending rate in Trinidad and Tobago
What do banks charge for credit there?
Trinidad and Tobago's lending rate is 7.50 % — #22 of 67 countries on the atlas (lower is better). Period 2025.
Among 67 countries
- Rank
- #22 of 67
- lower is better
- Ranked behind
- 67 %
- 45 of 67 countries
In Americas: #5 of 21vs median 8.79 %: −1.29 pp (better)
The neighbourhood
| # | Country | Lending rate | vs Trinidad and Tobago |
|---|---|---|---|
| 20 | Costa Rica | 6.88 % | −0.62 pp |
| 21 | Panama | 6.91 % | −0.59 pp |
| 22 | Trinidad and Tobago | 7.50 % | — |
| 23 | Algeria | 8.00 % | +0.50 pp |
| 24 | Hungary | 8.01 % | +0.51 pp |
Bank lending rate, IMF-harmonised — the price of credit, ~150 economies.
How to read this figure
The IMF-harmonised bank lending rate — what banks charge their customers for credit, averaged nationally. Harmonisation is what makes ~150 economies comparable; the trade-off is that the underlying loan mix (business vs consumer, maturities) differs by country, so treat close values as similar, not identical.
Lending rate, all countries ranked →Compare Trinidad and Tobago with another country →Everything about Trinidad and Tobago →
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