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.


Jamaica Interest Rate
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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 215800 231537 239042 246791 254325 327059
Money Supply M2 475541 515406 535189 555345 575101 761740
Foreign Exchange Reserves 3426 3470 3490 3500 3540 3750