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Bank of Jamaica Interest Rate

Interest Rate in Jamaica

Indicator Data Period
Interest Rate 7 % Sep/23


Latest data on Interest Rate (%)

Interest Rate
                     Jamaica - Historical Data (%)

What is Bank of Jamaica Interest Rate?

  • Interest Rate in Jamaica remained unchanged at 7 % in September 2023. The maximum level was 33 % and minimum was 0.5 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
7 Sep/23 29.09.2023
7 Aug/23 18.08.2023
7 Jul/23 02.08.2023
7 Jun/23 30.06.2023
7 May/23 19.05.2023
7 Apr/23 04.05.2023
7 Mar/23 30.03.2023
7 Feb/23 21.02.2023


Historical Chart by governors (%)

Interest Rate in Jamaica by governors

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Patrick Allen 26.02.2009 - 17.0000 2.0000 17.0000 2.0000 -88.24%
Kenneth O. Hall 15.02.2006 - 26.02.2009 12.6000 17.0000 17.0000 11.6500 34.92%
Howard Cooke 01.08.1991 - 15.02.2006 33.0000 12.6000 33.0000 12.6000 -61.82%

Other money indicators in Jamaica

Index Updated Actual Previous
Money Supply M1 Jul/23 2.992 B USD 2.911
Central Bank Balance Sheet Aug/21 7.335 B USD 6.926
Deposit Interest Rate 2022 3.8 % 2.6
Foreign Direct Investment 1Q/23 0.12 B USD 0.049
Private Sector Credit  Jul/23 8.204 B USD 8.18

Interest Rate in other countries

Country Updated Actual Previous
Colombia Sep/23 13.25 % 13.25
Panama Jul/18 1.36 % 1.35
Honduras Aug/23 3 % 3
Brazil Sep/23 12.75 % 13.25
Chile Sep/23 9.5 % 10.25
Paraguay Sep/23 8 % 8.25
Argentina Oct/23 118 % 118
Canada Sep/23 5 % 5
Ecuador Aug/23 9.29 % 9.02
Mexico Sep/23 11.25 % 11.25
Peru Oct/23 7.25 % 7.5
United States Sep/23 5.5 % 5.5
Uruguay Oct/23 9.5 % 10
Jamaica Sep/23 7 % 7
Suriname 2Q/23 10 % 10
Venezuela Jul/23 55.78 % 55.24
Belize Aug/23 2.25 % 2.25
Cameroon Sep/23 5 % 5
Cape Verde Aug/23 1 % 1
Cuba Aug/23 2.25 % 2.25
Dominican Republic Sep/23 7.5 % 7.5
El Salvador Dec/22 5.02 % 3.43
Guyana Aug/23 5 % 5
Haiti Aug/23 17 % 17
Trinidad and Tobago Sep/23 3.5 % 3.5