Deposit Interest Rate in Jamaica decreased to 5.20 percent in 2025 from 6.20 percent in 2024. Deposit Interest Rate in Jamaica averaged 12.01 percent from 1978 until 2025, reaching an all time high of 36.60 percent in 1994 and a record low of 2.50 percent in 2020. source: World Bank

Deposit Interest Rate in Jamaica is expected to reach 4.95 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Jamaica is projected to trend around 4.95 percent in 2027 and 4.45 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Deposit Interest Rate 5.20 6.20 percent Dec 2025
Foreign Exchange Reserves 6731.60 6290.30 USD Million Jan 2026
Interest Rate 5.50 5.75 percent Feb 2026
Money Supply M1 593150.20 567208.80 JMD Million Dec 2025
Money Supply M2 1228966.50 1198774.90 JMD Million Dec 2025


Deposit Interest Rate in Jamaica
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.
Actual Previous Highest Lowest Dates Unit Frequency
5.20 6.20 36.60 2.50 1978 - 2025 percent Yearly