Jamaica - Risk premium on lending

Risk premium on lending (lending rate minus treasury bill rate, %)

The value for Risk premium on lending (lending rate minus treasury bill rate, %) in Jamaica was 10.78 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 15.93 in 1995 and a minimum value of -7.05 in 2003.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics database.

See also:

Year Value
1976 6.53
1977 6.65
1978 5.42
1979 4.57
1980 5.67
1981 6.24
1982 7.83
1983 4.59
1984 5.24
1985 5.89
1986 6.46
1987 7.29
1988 6.69
1989 6.12
1990 4.29
1991 5.95
1992 10.45
1993 14.86
1994 6.48
1995 15.93
1996 1.88
1997 11.72
1998 5.94
1999 6.26
2000 5.11
2001 3.90
2002 2.96
2003 -7.05
2004 2.67
2005 3.98
2006 4.86
2007 4.64
2008 0.94
2009 -3.52
2010 11.19
2011 12.92
2012 11.01
2013 10.42
2014 8.92
2015 10.39
2016 10.54
2017 9.11
2018 11.73
2019 11.09
2020 10.78

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates