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Deposit Interest Rate in Jamaica

Deposit Interest Rate in Jamaica

Indicator Data Period
Deposit Interest Rate 2.5 % 2020


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 decreased to 2.5 % in 2020. The maximum rate was 36.6 % and minimum was 2.5 %.
  • Data published Yearly by World Bank.

Historical Data (%) by years

Data
Period
Date
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 May/22 5 % 4.5
Money Supply M1 Aug/21 2.434 B USD 2.444
Central Bank Balance Sheet Aug/21 7.467 B USD 7.051
Foreign Direct Investment 3Q/21 0.118 B USD 0.059
Private Sector Credit  Aug/21 7.373 B USD 7.43

Deposit Interest Rate in other countries

Country Updated Actual Previous
Colombia 2020 3.38 % 4.49
Panama 2020 2.05 % 2.17
Honduras 2020 8.13 % 8.42
Brazil Feb/22 7.4 % 8.47
Chile 2020 0.86 % 2.53
Paraguay 2020 3.37 % 3.44
Argentina Jun/22 50.57 % 50.57
Canada Jun/22 2.31 % 2.23
Ecuador 2020 4.78 % 4.4
Mexico Mar/22 1.73 % 1.47
Peru 2020 1.86 % 3.67
Uruguay 2020 4.8 % 5.07
Jamaica 2020 2.5 % 2.6
Suriname Feb/22 7.4 % 7.1
Venezuela Jun/22 36 % 36
Belize 2020 2.18 % 1.95
Cameroon 2017 2.45 % 2.45
Cape Verde 2020 0.88 % 1.5
Dominican Republic 2022 6.07 % 5.84
Guyana 2020 0.85 % 0.88
Haiti 2019 7.89 % 6.13
Nicaragua 2020 2.15 % 3.07
Trinidad and Tobago 2020 1.5 % 1.5