Jamaica: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 5.54 percent as of October 2025, a decline compared to the previous value of 5.67 percent. Historically, the average for Jamaica from October 2017 to October 2025 is 4.86 percent. The minimum of 3.01 percent was recorded in May 2020, while the maximum of 7.74 percent was reached in January 2024.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank of Jamaica
| Recent values | Jamaica: Bank deposit interest rate, percent |
|---|---|
| 2025 Oct | 5.54 |
| 2025 Sep | 5.67 |
| 2025 Aug | 5.82 |
| 2025 Jul | 5.96 |
| 2025 Jun | 6.04 |
| 2025 May | 6.17 |
| 2025 Apr | 6.3 |
| 2025 Mar | 6.49 |
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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 5.4 | 2024 | percent |
| Exchange rate regimes | 6 | 2023 | index points |
| USD exchange rate | 160.4253 | 11/2025 | Local Currency Units per USD |
| Money supply (broad money) | 1,830.50 | 6/2023 | billion |
| Consumer Price Index (CPI) | 143.5000 | 9/2025 | index points |
| Inflation, monthly | 0.77 | 9/2025 | percent |
| Inflation, annual | 2.14 | 9/2025 | percent |
| Private sector credit | 1,427.92 | 9/2025 | billion |
| Business credit | 677.23 | 9/2025 | billion |
| Household credit | 750.69 | 9/2025 | billion |
| Deposit interest rate | 5.54 | 10/2025 | percent |
| Business credit interest rate | 11.54 | 10/2025 | percent |
| Mortgage credit interest rate | 7.56 | 10/2025 | percent |