Jamaica Interest Rate - Forecast

Interest Rate in Jamaica is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Jamaica to stand at 2.00 in 12 months time. In the long-term, the Jamaica Interest Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.


Forecast Data Chart
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Jamaica Money Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 2 2 2 2 2 2.5
Deposit Interest Rate 3.6 3.6 3.6 3.6 3.6 4.1
Money Supply M1 225974 228729 234843 242144 248907 315450
Money Supply M2 496899 506280 523749 541842 559332 723562
Central Bank Balance Sheet 668907 664188 669932 671964 673690 676979
Foreign Exchange Reserves 3352 3470 3490 3500 3540 3750