Real interest rate in Jamaica
Jamaica: Real interest rate was 7.0% in 2025. ◆ Volatile
Real interest rate in Jamaica, 1976–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Jamaica recorded 7.0% for real interest rate in 2025.
The figure is up 2.9% on the previous year and up 75.1% over ten years.
Over the whole period, real interest rate in Jamaica peaked at 21.2% in 1997 and was at its lowest, -12.8%, in 1984.
That places Jamaica 51st out of 148 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 | -2.1% | -10.2% | 2.4% | 4 |
| 1980s | 3.4% | -12.8% | 13.2% | 10 |
| 1990s | 8.6% | -9.5% | 21.2% | 10 |
| 2000s | 6.9% | 2.9% | 11.9% | 10 |
| 2010s | 9.5% | 4.0% | 13.0% | 10 |
| 2020s | 4.5% | -1.1% | 9.2% | 6 |
Countries ranked near Jamaica
- 48 Libya 7.1% compare
- 49 Seychelles 7.1% compare
- 50 Vietnam 7.0% compare
- 52 Cote d'Ivoire 6.6% compare
- 53 Namibia 6.4% compare
- 54 Philippines 6.4% compare
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)
- Claims on central government, etc. 7.9% (2025)
- Monetary Sector credit to private sector 45.9% (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 real interest rate in Jamaica?
- Real interest rate in Jamaica was 7.0% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Jamaica?
- The highest recorded value was 21.2% in 1997.
- What is the lowest real interest rate recorded in Jamaica?
- The lowest recorded value was -12.8% in 1984.
- How does Jamaica rank for real interest rate?
- Jamaica ranks 51st out of 148 countries with data for 2025.
- Is real interest rate rising or falling in Jamaica?
- Over the last ten years it is up 75.1%. 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 Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.