Jamaica Interest Rate  1996-2017 | Data | Chart | Calendar | Forecast

The benchmark interest rate in Jamaica was last recorded at 3.50 percent. Interest Rate in Jamaica averaged 12.70 percent from 1996 until 2017, reaching an all time high of 33 percent in October of 1996 and a record low of 3.50 percent in August of 2017.

Jamaica Interest Rate
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Jamaica Money Last Previous Highest Lowest Unit
Interest Rate 3.50 3.75 33.00 3.50 percent [+]
Deposit Interest Rate 4.51 4.90 36.41 3.53 percent [+]


Jamaica Interest Rate

In Jamaica, the Bank of Jamaica engages in open market operations by offering 30-day instruments. Since July 1st, 2017, the Bank changed the benchmark interest rate to the rate paid on overnight deposits held by deposit-taking institutions (“DTIs”) from the rate paid on 30-day certificates of deposit. This page provides - Jamaica Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jamaica Interest Rate - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.75 33.00 3.50 1996 - 2017 percent Daily




interest rate by Country

Last
Russia 8.50 Sep/17
Brazil 8.25 Sep/17
Turkey 8.00 Sep/17
Mexico 7.00 Aug/17
India 6.00 Aug/17
Indonesia 4.50 Aug/17
China 4.35 Aug/17
Australia 1.50 Sep/17
South Korea 1.25 Aug/17
United States 1.25 Sep/17
Canada 1.00 Sep/17
United Kingdom 0.25 Sep/17
Euro Area 0.00 Sep/17
France 0.00 Sep/17
Germany 0.00 Sep/17
Italy 0.00 Sep/17
Netherlands 0.00 Sep/17
Spain 0.00 Sep/17
Japan -0.10 Aug/17
Switzerland -0.75 Sep/17