Interest Spread (Difference Between Interest Rate on Loans and Deposits) in Jamaica

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Source: World Bank
Last Updated: June 1, 2023

Interest spread, which is the difference between interest rate on loans and deposits reached 8.91% in 2021 in Jamaica, according to the National Central Bank. This is 7.24% less than in the previous year.

Historically, interest spread, which is the difference between interest rate on loans and deposits in Jamaica reached an all time high of 20.3% in 1995 and an all time low of 2.60% in 1984.

Jamaica has been ranked 17th within the group of 88 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.

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