Real interest rate — all countries

Real interest rate — Jamaica

Real interest rate in Jamaica in 2025 — 7%. Ranked 24 in the world out of 67. Since 1976, the indicator has risen by 4.64 pp.

2025 7% +0.2 pp vs 2024
World rank 24of 67
Period maximum 21.22%1997
Period minimum -12.79%1984

Trend over time

1976–2025 · % per annum

Real interest rate — Jamaica, 1976–2025-20-100102030197619811986199119962001200620112016202120251976: 2.36%1977: 1.22%1978: -10.18%1979: -1.66%1980: -2.24%1981: 7.15%1982: 7.5%1983: 0.01%1984: -12.79%1985: -2.81%1986: 0.38%1987: 13.2%1988: 11.72%1989: 11.43%1990: 4.3%1991: -8.57%1992: -9.51%1993: -5.95%1994: 14%1995: 14.69%1996: 17.63%1997: 21.22%1998: 19%1999: 18.79%2000: 11.54%2001: 11.87%2002: 8.63%2003: 6.51%2004: 4.68%2005: 5.29%2006: 8.08%2007: 5.28%2008: 2.89%2009: 4.28%2010: 9.69%2011: 12.96%2012: 10.37%2013: 8.58%2014: 9.62%2015: 4%2016: 12.41%2017: 8.46%2018: 8.76%2019: 10.1%2020: 9.19%2021: 4.58%2022: -1.11%2023: 0.29%2024: 6.8%2025: 7%
Change over the period: +4.64 pp Annual average: 0.09 pp
Real interest rate — Jamaica, by year Jamaica All countries CSV XLSX
Year % Change, pp
2025 7 +0.2 pp
2024 6.8 +6.52 pp
2023 0.29 +1.4 pp
2022 -1.11 −5.69 pp
2021 4.58 −4.61 pp
2020 9.19 −0.91 pp
2019 10.1 +1.34 pp
2018 8.76 +0.29 pp
2017 8.46 −3.95 pp
2016 12.41 +8.42 pp
2015 4 −5.62 pp
2014 9.62 +1.04 pp
2013 8.58 −1.8 pp
2012 10.37 −2.59 pp
2011 12.96 +3.27 pp
2010 9.69 +5.42 pp
2009 4.28 +1.39 pp
2008 2.89 −2.39 pp
2007 5.28 −2.8 pp
2006 8.08 +2.79 pp
2005 5.29 +0.61 pp
2004 4.68 −1.83 pp
2003 6.51 −2.13 pp
2002 8.63 −3.24 pp
2001 11.87 +0.33 pp
2000 11.54 −7.25 pp
1999 18.79 −0.21 pp
1998 19 −2.21 pp
1997 21.22 +3.58 pp
1996 17.63 +2.94 pp
1995 14.69 +0.69 pp
1994 14 +19.95 pp
1993 -5.95 +3.56 pp
1992 -9.51 −0.94 pp
1991 -8.57 −12.88 pp
1990 4.3 −7.13 pp
1989 11.43 −0.29 pp
1988 11.72 −1.47 pp
1987 13.2 +12.82 pp
1986 0.38 +3.19 pp
1985 -2.81 +9.98 pp
1984 -12.79 −12.8 pp
1983 0.01 −7.49 pp
1982 7.5 +0.35 pp
1981 7.15 +9.39 pp
1980 -2.24 −0.58 pp
1979 -1.66 +8.52 pp
1978 -10.18 −11.4 pp
1977 1.22 −1.15 pp
1976 2.36

About the indicator

The lending interest rate adjusted for inflation by the GDP deflator. It shows the real cost of borrowed funds for the economy. Negative values mean that inflation erodes debt faster than interest accrues on it — a situation that favors borrowers and works against lenders and depositors.

Important: There are no aggregates for country groups: a weight by the volume of credit is needed, and we do not have it. The rate is already net of inflation, so negative values are normal — they mean borrowing costs less than inflation erodes.

Source: World Economic Outlook (IMF), license IMF open data.