Banking - Jamaica



TopicValue
Commercial bank prime lending rate (%)17
Central bank discount rate (%)2
Value & RankThe Central bank discount rate of Jamaica is 2.00 (%) with a global rank of 116.
Jamaica compared to other CountriesThe Central bank discount rate of Jamaica is similar to that of New Zealand, Korea, Thailand, China, Oman, Comoros, Slovak Republic, Fiji, Kuwait, Israel with a respective Central bank discount rate of 2.50, 2.50, 2.25, 2.25, 2.00, 1.93, 1.75, 1.75, 1.25, 1.00 (%) and a global rank of 111, 112, 113, 114, 115, 117, 118, 119, 120, 121.
Central bank discount rate of Jamaica
Value & RankThe Commercial bank prime lending rate of Jamaica is 17.0 (%) with a global rank of 27.
Jamaica compared to other CountriesThe Commercial bank prime lending rate of Jamaica is similar to that of Mauritania, Honduras, Turkmenistan, Mongolia, Kenya, Azerbaijan, Armenia, Argentina, Rwanda, Ukraine with a respective Commercial bank prime lending rate of 18.0, 17.8, 17.5, 17.5, 17.1, 17.0, 16.5, 16.4, 16.3, 16.0 (%) and a global rank of 22, 23, 24, 25, 26, 28, 29, 30, 31, 32.Last 5 years averageJamaica had an average Commercial bank prime lending rate of 17.2 (%) in the last 5 years from (2008 to 2013).
Jamaica since the end of the Great RecessionJamaica's Commercial bank prime lending rate had a positive growth of 3.47% since the end of the Great Recession
Commercial bank prime lending rate of Jamaica
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Datasource: CIA - The World Factbook