Jamaica Interest Rates
Jamaica JM: Deposit Interest Rate
JM: Deposit Interest Rate data was reported at 3.556 % pa in 2016. This records a decrease from the previous number of 3.895 % pa for 2015. JM: Deposit Interest Rate data is updated yearly, averaging 12.556 % pa from Dec 1979 to 2016, with 38 observations. The data reached an all-time high of 36.411 % pa in 1994 and a record low of 3.556 % pa in 2016. JM: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank.WDI: Interest Rates. 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.; ; International Monetary Fund, International Financial Statistics and data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 3.56 2016 | yearly | 1979 - 2016 |
View Jamaica's Jamaica JM: Deposit Interest Rate from 1979 to 2016 in the chart:
Jamaica JM: Interest Rate Spread
JM: Interest Rate Spread data was reported at 12.933 % pa in 2016. This records a decrease from the previous number of 13.082 % pa for 2015. JM: Interest Rate Spread data is updated yearly, averaging 8.633 % pa from Dec 1979 to 2016, with 38 observations. The data reached an all-time high of 20.370 % pa in 1995 and a record low of 2.676 % pa in 1984. JM: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest 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.; ; International Monetary Fund, International Financial Statistics and data files.; Median;
| Last | Frequency | Range |
|---|---|---|
| 12.93 2016 | yearly | 1979 - 2016 |
View Jamaica's Jamaica JM: Interest Rate Spread from 1979 to 2016 in the chart:
Jamaica JM: Lending Interest Rate
JM: Lending Interest Rate data was reported at 16.489 % pa in 2016. This records a decrease from the previous number of 16.977 % pa for 2015. JM: Lending Interest Rate data is updated yearly, averaging 18.534 % pa from Dec 1976 to 2016, with 41 observations. The data reached an all-time high of 49.458 % pa in 1994 and a record low of 13.684 % pa in 1978. JM: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank.WDI: Interest Rates. 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.; ; International Monetary Fund, International Financial Statistics and data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 16.49 2016 | yearly | 1976 - 2016 |
View Jamaica's Jamaica JM: Lending Interest Rate from 1976 to 2016 in the chart:
Jamaica JM: Real Interest Rate
JM: Real Interest Rate data was reported at 11.371 % pa in 2016. This records an increase from the previous number of 9.717 % pa for 2015. JM: Real Interest Rate data is updated yearly, averaging 7.500 % pa from Dec 1976 to 2016, with 41 observations. The data reached an all-time high of 21.217 % pa in 1997 and a record low of -12.791 % pa in 1984. JM: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank.WDI: Interest Rates. 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.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;
| Last | Frequency | Range |
|---|---|---|
| 11.37 2016 | yearly | 1976 - 2016 |
View Jamaica's Jamaica JM: Real Interest Rate from 1976 to 2016 in the chart:
Jamaica JM: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate
JM: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data was reported at 10.535 % pa in 2016. This records an increase from the previous number of 10.387 % pa for 2015. JM: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data is updated yearly, averaging 6.236 % pa from Dec 1976 to 2016, with 39 observations. The data reached an all-time high of 15.927 % pa in 1995 and a record low of -3.518 % pa in 2009. JM: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank.WDI: Interest Rates. Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the 'risk free' treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics database.; ;
| Last | Frequency | Range |
|---|---|---|
| 10.54 2016 | yearly | 1976 - 2016 |