Jamaica: Short-term debt to reserves

The latest value from 2024 is 42.6 percent, a decline from 53.77 percent in 2023. In comparison, the world average is 790.72 percent, based on data from 96 countries. Historically, the average for Jamaica from 1990 to 2024 is 73.46 percent. The minimum value, 28.36 percent, was reached in 2005 while the maximum of 264.58 percent was recorded in 1991. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Debt of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total foreign exchange reserves. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.