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Deposit Interest Rate in Jamaica

Deposit Interest Rate in Jamaica

Indicator Data Period
Deposit Interest Rate 3.8 % 2022


Latest data on Deposit Interest Rate (%)

Deposit Interest Rate
                     Jamaica - Historical Data (%)

What is average deposit bank interest rate in Jamaica?

  • Bank Deposit Interest Rate in Jamaica increased to 3.8 % in 2022. The maximum rate was 36.6 % and minimum was 2.5 %.
  • Data published Yearly by World Bank.

Historical Data (%) by years

Data
Period
Date
3.8 2022 10.02.2023
2.5 2021 07.09.2022
2.5 2020 03.03.2021
2.6 2019 29.11.2020
3.2 2018 29.10.2019
3.7 2017 04.07.2019


Historical Chart by governors (%)

Deposit Interest Rate in Jamaica by governors

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other money indicators in Jamaica

Index Updated Actual Previous
Interest Rate Sep/23 7 % 7
Money Supply M1 Jul/23 2.992 B USD 2.911
Central Bank Balance Sheet Aug/21 7.335 B USD 6.926
Foreign Direct Investment 1Q/23 0.12 B USD 0.049
Private Sector Credit  Jul/23 8.204 B USD 8.18

Deposit Interest Rate in other countries

Country Updated Actual Previous
Colombia 2022 8.5 % 2.07
Panama 2021 1.76 % 2.05
Honduras 2022 4.25 % 5.8
Brazil Jul/23 9.48 % 13.49
Chile 2022 8.99 % 1.28
Paraguay 2021 3.42 % 3.37
Argentina Oct/23 114 % 114
Canada Oct/23 5.23 % 5.23
Ecuador 2022 4.16 % 4.16
Mexico Jul/23 4.95 % 4.63
Peru 2022 4.82 % 0.7
Uruguay 2022 6.24 % 3.8
Jamaica 2022 3.8 % 2.6
Suriname Jun/23 8.2 % 8.1
Venezuela Oct/23 36 % 36
Belize 2022 2.22 % 2.23
Cameroon 2017 2.45 % 2.45
Cape Verde 2022 0.97 % 0.67
Dominican Republic 2023 7.89 % 7.63
Guyana 2021 0.8 % 0.85
Haiti 2021 4.94 % 5.37
Nicaragua 2022 1.17 % 1.49
Trinidad and Tobago 2022 1.5 % 1.5