Jamaica Lending Interest Rate

Indicator note: 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.

Source organization: International Financial Statistics database, International Monetary Fund (IMF)

Metadata fetched: 2026-09-27 04:54:24. Open original metadata response.

Source revisions are retained before the current observation is replaced. This table documents the previous and replacement value for reproducibility.

Jamaica recorded 12,14 percent in 2025, the latest year available in this series.

Compared with 2024, the lending interest rate increased by 0,14.

Across the latest five-year comparison window, the series shows an upward direction.

Across 10 observations from 2016 to 2025, the average was 12,92; the minimum was 11,41 in 2022 and the maximum was 16,49 in 2016.

Jamaica ranks 100 out of 148 countries with a current value in the portal ranking.

The latest value is above the available average for Latin America & Caribbean.

It is also above the available average for the Upper middle income group.

Cost of borrowing from financial institutions.