Lending interest rate | Jamaica – yearly data, chart and table

The average lending rate in Jamaica in 2024 was 12.00%. In 2023, the value was amounted to  11.65%. It has been growing in this country for already 2 years in a row. Since 1976, for the whole period of statistics, this indicator has decreased in 1.15 times. The lowest credit rate meets the short- and medium-term financing needs of the private sector in Jamaica was recorded in 2022, with a value of 11.41%. The highest value was in end-1994, when it reached 49.46%.