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Bank of Jamaica Interest Rate

Interest Rate in Jamaica

Indicator Data Period
Interest Rate 7 % Dec/22


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 December 2022. The maximum level was 33 % and minimum was 0.5 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
7 Dec/22 20.12.2022
7 Nov/22 18.11.2022
6.5 Oct/22 03.11.2022
6.5 Sep/22 30.09.2022
5.5 Jun/22 04.07.2022
5 May/22 03.06.2022
4.5 Mar/22 29.03.2022
4 Feb/22 18.02.2022


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 Oct/22 2.619 B USD 2.593
Central Bank Balance Sheet Aug/21 7.359 B USD 6.949
Deposit Interest Rate 2021 2.5 % 2.5
Foreign Direct Investment 2Q/22 0.069 B USD 0.1
Private Sector Credit  Nov/22 8.157 B USD 8.046

Interest Rate in other countries

Country Updated Actual Previous
Colombia Jan/23 12.75 % 12
Panama Jul/18 1.36 % 1.35
Honduras Dec/22 3 % 3
Brazil Dec/22 13.75 % 13.75
Chile Jan/23 11.25 % 11.25
Paraguay Jan/23 8.5 % 8.5
Argentina Jan/23 75 % 75
Canada Jan/23 4.5 % 4.25
Ecuador Jan/23 8.54 % 8.48
Mexico Dec/22 10.5 % 10
Peru Jan/23 7.75 % 7.5
United States Dec/22 4.5 % 4
Uruguay Dec/22 11.5 % 11.25
Jamaica Dec/22 7 % 7
Suriname 4Q/22 10 % 10
Venezuela Dec/22 57.97 % 57.45
Belize Nov/22 2.25 % 2.25
Cameroon Dec/22 4.5 % 4.5
Cape Verde Dec/22 0.25 % 0.25
Cuba Dec/22 2.25 % 2.25
Dominican Republic Dec/22 8.5 % 8.5
El Salvador Nov/22 4.73 % 4.66
Guyana Dec/22 5 % 5
Haiti Dec/22 17 % 17
Trinidad and Tobago Dec/22 3.5 % 3.5