Jamaica: Business credit interest rate

* indicates monthly or quarterly data series
The most recent value is 11.43 percent as of April 2025, an increase compared to the previous value of 11.41 percent. Historically, the average for Jamaica from April 1996 to April 2025 is 17.4 percent. The minimum of 9.05 percent was recorded in August 2022, while the maximum of 41.7 percent was reached in July 1996. Click on the following link to see the values of: Business credit interest rate around the world.
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* indicates monthly or quarterly data series

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Recent values Jamaica: Business credit interest rate, percent
2025  Apr 11.43
2025  Mar 11.41
2025  Feb 11.34
2025  Jan 11.31
2024  Dec 11.31
2024  Nov 11.07
2024  Oct 11.16
2024  Sep 10.78


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Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.

 Related indicators Latest Reference Measure
 Inflation 6.5 2023 percent
 Exchange rate regimes 5 2022 index points
 USD exchange rate 159.0149 5/2025 Local Currency Units per USD
 Money supply (broad money) 1,830.50 6/2023 billion
 Consumer Price Index (CPI) 141.9000 5/2025 index points
 Inflation, monthly 0.42 5/2025 percent
 Inflation, annual 5.19 5/2025 percent
 Private sector credit 1,386.09 4/2025 billion
 Business credit 667.85 4/2025 billion
 Household credit 718.24 4/2025 billion
 Deposit interest rate 6.31 4/2025 percent
 Business credit interest rate 11.43 4/2025 percent
 Mortgage credit interest rate 7.53 4/2025 percent
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