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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 Mar/21 0.5 % 0.5
Money Supply M1 May/19 1.709 B USD 1.699
Central Bank Balance Sheet Jan/21 6.611 B USD 6.543
Foreign Direct Investment 3Q/20 0.022 B USD 0.09
Private Sector Credit  Dec/20 7.01 B USD 6.937

Deposit Interest Rate in other countries

Country Updated Actual Previous
Colombia 2019 4.49 % 4.7
Panama 2020 2.05 % 2.17
Honduras 2019 8.42 % 8.3
Brazil Feb/21 1.41 % 1.39
Chile 2019 2.53 % 2.7
Paraguay 2017 3.94 % 3.76
Argentina Apr/21 34.17 % 34.17
Canada Apr/21 0.16 % 0.16
Ecuador 2019 4.4 % 3.6
Mexico Jan/21 0.55 % 0.55
Peru 2020 1.86 % 3.67
Uruguay 2019 5.07 % 5.12
Jamaica 2020 2.5 % 2.6
Suriname Dec/20 7.06 % 7.18
Venezuela Apr/21 36 % 36
Belize 2019 1.95 % 2
Cameroon 2017 2.45 % 2.45
Cape Verde 2019 1.5 % 1.9
Dominican Republic 2017 7.6 % 7.2
Guyana 2020 0.85 % 0.88
Haiti 2019 7.85 % 6.13
Nicaragua 2019 3.07 % 1.32
Trinidad and Tobago 2020 1.5 % 1.5