Lending interest rate in Jamaica
Jamaica: Lending interest rate was 12.1% in 2025. ▼ Falling
Lending interest rate in Jamaica, 1976–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2025, lending interest rate in Jamaica stood at 12.1%.
The figure is up 1.2% on the previous year and down 28.5% over ten years.
Over the whole period, lending interest rate in Jamaica peaked at 49.5% in 1994 and was at its lowest, 11.4%, in 2022.
That places Jamaica 49th out of 148 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 50 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.8% | 13.7% | 13.9% | 4 |
| 1980s | 21.2% | 15.6% | 27.3% | 10 |
| 1990s | 37.5% | 27.0% | 49.5% | 10 |
| 2000s | 18.5% | 16.4% | 23.3% | 10 |
| 2010s | 16.8% | 13.0% | 20.5% | 10 |
| 2020s | 11.8% | 11.4% | 12.1% | 6 |
Countries ranked near Jamaica
More financial sector data for Jamaica
- Net migration -11,053 (2025)
- Total reserves in months of imports 6.47 (2024)
- Net domestic credit 2.02 trillion current LCU (2025)
- Domestic credit to private sector by banks 45.7% (2025)
- Net foreign assets 1.11 trillion current LCU (2025)
- Claims on central government, etc. 7.9% (2025)
- Monetary Sector credit to private sector 45.9% (2025)
- Domestic credit to private sector 45.9% (2025)
- Broad money 65.8% (2025)
- Official exchange rate 159.1 LCU per US$, period average (2025)
Frequently asked questions
- What is lending interest rate in Jamaica?
- Lending interest rate in Jamaica was 12.1% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Jamaica?
- The highest recorded value was 49.5% in 1994.
- What is the lowest lending interest rate recorded in Jamaica?
- The lowest recorded value was 11.4% in 2022.
- How does Jamaica rank for lending interest rate?
- Jamaica ranks 49th out of 148 countries with data for 2025.
- Is lending interest rate rising or falling in Jamaica?
- Over the last ten years it is down 28.5%. The long-run trend across the full record is falling.
- Where does this Jamaica data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.