Jamaica: Business credit
* indicates monthly or quarterly data series
The most recent value is 649.92 billion Jamaican Dollar as of December 2024, a decline compared to the previous value of 664.41 billion Jamaican Dollar. Historically, the average for Jamaica from April 1986 to December 2024 is 148.64 billion Jamaican Dollar. The minimum of 2.63 billion Jamaican Dollar was recorded in June 1986, while the maximum of 667.73 billion Jamaican Dollar was reached in October 2024.
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* indicates monthly or quarterly data series
- Measure: billion Jamaican Dollar
- Source: Bank of Jamaica
| Recent values | Jamaica: Business credit, billion currency units |
|---|---|
| 2024 Dec | 649.92 |
| 2024 Nov | 664.41 |
| 2024 Oct | 667.73 |
| 2024 Sep | 660.59 |
| 2024 Aug | 656.66 |
| 2024 Jul | 647.12 |
| 2024 Jun | 647.18 |
| 2024 May | 644.74 |
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Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 6.5 | 2023 | percent |
| Exchange rate regimes | 5 | 2022 | index points |
| USD exchange rate | 156.9276 | 3/2025 | Local Currency Units per USD |
| Money supply (broad money) | 1,830.50 | 6/2023 | billion |
| Consumer Price Index (CPI) | 141.8000 | 3/2025 | index points |
| Inflation, monthly | 0.00 | 3/2025 | percent |
| Inflation, annual | 4.96 | 3/2025 | percent |
| Private sector credit | 1,348.44 | 12/2024 | billion |
| Business credit | 649.92 | 12/2024 | billion |
| Household credit | 698.51 | 12/2024 | billion |
| Deposit interest rate | 6.86 | 1/2025 | percent |
| Business credit interest rate | 11.31 | 1/2025 | percent |
| Mortgage credit interest rate | 7.50 | 1/2025 | percent |