Deposit interest rate in Jamaica
Jamaica: Deposit interest rate was 5.2% in 2025. ◆ Volatile
Deposit interest rate in Jamaica, 1978–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Jamaica recorded 5.2% for deposit interest rate in 2025.
Compared with earlier readings it is down 17.1% on the previous year and up 32.6% over ten years.
Over the whole period, deposit interest rate in Jamaica peaked at 36.6% in 1994 and was at its lowest, 2.5%, in 2020.
That places Jamaica 60th out of 152 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.5% | 6.7% | 8.3% | 2 |
| 1980s | 14.7% | 9.6% | 19.7% | 10 |
| 1990s | 24.0% | 13.9% | 36.6% | 10 |
| 2000s | 10.9% | 8.9% | 14.7% | 10 |
| 2010s | 3.9% | 2.6% | 6.4% | 10 |
| 2020s | 4.4% | 2.5% | 6.2% | 6 |
Countries ranked near Jamaica
More financial sector data for Jamaica
- Domestic credit to private sector 45.9% (2025)
- Net domestic credit 2.02 trillion current LCU (2025)
- Total reserves in months of imports 6.47 (2024)
- Net foreign assets 1.11 trillion current LCU (2025)
- Domestic credit to private sector by banks 45.7% (2025)
- Monetary Sector credit to private sector 45.9% (2025)
- Claims on central government, etc. 7.9% (2025)
- Broad money 65.8% (2025)
- Official exchange rate 159.1 LCU per US$, period average (2025)
- Net migration -11,053 (2025)
Frequently asked questions
- What is deposit interest rate in Jamaica?
- Deposit interest rate in Jamaica was 5.2% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Jamaica?
- The highest recorded value was 36.6% in 1994.
- What is the lowest deposit interest rate recorded in Jamaica?
- The lowest recorded value was 2.5% in 2020.
- How does Jamaica rank for deposit interest rate?
- Jamaica ranks 60th out of 152 countries with data for 2025.
- Is deposit interest rate rising or falling in Jamaica?
- Over the last ten years it is up 32.6%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.