Jamaica - Deposit interest rate

Deposit interest rate (%)

The value for Deposit interest rate (%) in Jamaica was 2.46 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 36.57 in 1994 and a minimum value of 2.46 in 2020.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1978 6.73
1979 8.32
1980 9.58
1981 10.60
1982 10.76
1983 13.66
1984 15.93
1985 19.66
1986 18.84
1987 15.71
1988 15.87
1989 16.02
1990 23.98
1991 24.78
1992 33.78
1993 27.71
1994 36.57
1995 23.31
1996 25.17
1997 13.87
1998 16.40
1999 14.12
2000 14.66
2001 13.32
2002 11.51
2003 11.79
2004 10.75
2005 9.82
2006 9.26
2007 8.89
2008 9.12
2009 9.67
2010 6.44
2011 4.28
2012 3.75
2013 3.70
2014 4.52
2015 3.89
2016 3.56
2017 3.71
2018 3.02
2019 2.55
2020 2.46

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates